Closing Date Accounts Sample Clauses

Closing Date Accounts. The Target shall within sixty (60) days from the Closing Date draw up Closing Date Accounts in conformity with the Group Accounting Principles. The Closing Date Accounts shall be reviewed by the Buyer in order to prepare a certificate of the Net Asset Value as at the Closing Date. The Closing Date Accounts, including the certificate of Net Asset Value shall be submitted to the Seller for their review. The Seller shall be given the opportunity to review the Closing Date Accounts and shall for such purpose have access to all the records and book-keeping material relating to the Target to the extent required for the purposes of such review. The Closing Date Accounts shall be deemed accepted and shall be conclusive for the purpose of defining the Net Asset Value provided for in clause 2.4 unless within forty- five (45) days after delivery of the Closing Date Accounts to the Seller, the Seller (i) shall give a written notice to the Buyer objecting to the Closing Date Accounts and (ii) submits adjusted Closing Date Accounts to the Buyer. The adjusted Closing Date Accounts shall be deemed to be accepted and shall be conclusive for the purposes of defining the Net Asset Value provided for in clause 2.4 unless the Buyer, within fourteen (14) days after the date on which the adjusted Closing Date Accounts were delivered, delivers a written notice to the Seller objecting to the adjusted Closing Date Accounts. The Parties shall use their respective best endeavours to attempt to resolve all differences and agree upon the proper treatment of the item(s) subject to <PAGE> CMS XXXXXX XXXXX Rechtsanwalte Steuerberater dispute on a mutually acceptable basis. If the Parties are unable to resolve the dispute as to the treatment of any item(s) relating to the adjusted Closing Date Accounts within fourteen (14) days after receipt of the notice of the Buyer by the Seller referred to above, the dispute shall be referred for decision to the Helsinki office of PricewaterhouseCoopers or such other independent accounting firm as may be mutually appointed by the Parties. PricewaterhouseCoopers or such independent accounting firm shall, within thirty (30) days of such submission, determine and report to the Parties its resolution on such remaining disputed items and certify the Net Asset Value as at the Closing Date accordingly. The decision of PricewaterhouseCoopers or such independent accounting firm shall be final and binding upon each Party. Fees and expenses of the independent acc...
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Closing Date Accounts. Each Seller shall deliver the Closing Date Accounts, recording, amongst other things, the Sale Assets and the Sale Liabilities of the applicable Business, to the Purchaser, within 30 (thirty) days after the Closing Date. If the Purchaser disputes any aspect of the Closing Date Accounts, or the Sale Assets or the Sale Liabilities forming part thereof, or the determination of the Purchase Price, the Purchaser shall be entitled to refer the matter to the Expert, who shall resolve the dispute within 5 (five) Business Days of the matter having been referred to them, taking into account the principles set out in this Agreement. The Expert’s decision shall be final and binding on the Parties save for any manifest error.
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Closing Date Accounts. Within 15 Business Days after the Closing Date, the Transferor shall procure the preparation and delivery to the Transferee of the Closing Date Accounts, which shall:
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Closing Date Accounts. On the Closing Date, the Sellers shall deliver to the Purchasers the balance sheet and profit and loss accounts of DNNE as at the Closing Date, together with the unaudited consolidated statements of accounts of Nuvera as of June 30, 2000 (the "Closing Date Accounts"). The Sellers represent and warrant that the Closing Date Accounts shall be true and correct in all material respects, and fairly present the financial condition of DNNE and Nuvera as of the date thereof, subject to any material changes which may be introduced as a result of the review by Deloitte & Touche and as a result of any subsequent review by the U.S. Securities and Exchange Commission (the "SEC"), if any.
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Closing Date Accounts. The Company shall within thirty (30) days from the Closing Date draw up Closing Date Accounts in conformity with the generally accepted accounting principles in Finland as applied by the Company in preparation of the Financial Statements. The Closing Date Accounts shall be submitted to the audit of PriceWaterhouseCoopers Oy in order to certify
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Closing Date Accounts. No later than sixty (60) days after the Closing Date, the Company shall deliver a control agreement executed by the applicable depository institution or intermediary, the applicable Grantor and the Collateral Agent with respect to each such Closing Date Account; provided that the Company shall use commercially reasonable efforts to deliver such executed control agreements with regards to any Closing Date Account held in Canada.
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Related to Closing Date Accounts

  • Payment Date Accounting The Issuer shall render (or cause to be rendered) an accounting (each a “Distribution Report”), determined as of the close of business on each Determination Date preceding a Payment Date, and shall make available such Distribution Report to the Trustee, the Collateral Manager, the Initial Purchaser, the Rating Agency and any Holder shown on the Register, any Shareholder shown on the Share Register and any beneficial owner of a Security who has delivered a Beneficial Ownership Certificate to the Trustee not later than the Business Day preceding the related Payment Date. The Distribution Report shall contain the following information:

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Certificate Account and Special Payments Account (a) The Trustee shall establish and maintain on behalf of the Certificateholders a Certificate Account as one or more non-interest-bearing accounts. The Trustee shall hold the Certificate Account in trust for the benefit of the Certificateholders, and shall make or permit withdrawals therefrom only as provided in this Agreement. On each day when a Scheduled Payment is made to the Trustee under the Intercreditor Agreement, the Trustee upon receipt thereof shall immediately deposit the aggregate amount of such Scheduled Payment in the Certificate Account.

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Certificate Accounts Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law (certificate account), whichever we offer, is subject to the terms of this Agreement, the Truth-in-Savings Disclosure, and the Account Receipt for each account, the terms of which are incorporated herein by reference.

  • Deposits to the Collection Account and Special Payments Account (a) The Subordination Agent shall, upon receipt thereof, deposit in the Collection Account all Scheduled Payments received by it (other than any Scheduled Payment which by the express terms hereof is to be deposited to a Cash Collateral Account).

  • Actual Settlement Date Accounting With respect to any sale or purchase transaction that is not posted to the Account on the contractual settlement date as referred to in Section 2.5, Bank shall post the transaction on the date on which the cash or Financial Assets received as consideration for the transaction is actually received by Bank.

  • Investment Accounts Schedule 2 sets forth under the headings “Securities Accounts” and “Commodity Accounts”, respectively, all of the Securities Accounts and Commodity Accounts in which such Grantor has an interest. Except as disclosed to the Administrative Agent, such Grantor is the sole entitlement holder of each such Securities Account and Commodity Account, and such Grantor has not consented to, and is not otherwise aware of, any Person (other than the Administrative Agent) having “control” (within the meanings of Sections 8-106 and 9-106 of the UCC) over, or any other interest in, any such Securities Account or Commodity Account or any securities or other property credited thereto;

  • Distributions from Certificate Account and Special Payments Account (a) On each Regular Distribution Date with respect to a series of Certificates or as soon thereafter as the Trustee has confirmed receipt of the payment of all or any part of the Scheduled Payments due on the Equipment Notes held (subject to the Intercreditor Agreement) in the related Trust on such date, the Trustee shall distribute out of the applicable Certificate Account the entire amount deposited therein pursuant to Section 4.01(a). There shall be so distributed to each Certificateholder of record of such series on the Record Date with respect to such Regular Distribution Date (other than as provided in Section 11.01 concerning the final distribution) by check mailed to such Certificateholder, at the address appearing in the Register, such Certificateholder’s pro rata share (based on the Fractional Undivided Interest in the Trust held by such Certificateholder) of the total amount in the applicable Certificate Account, except that, with respect to Certificates registered on the Record Date in the name of a Clearing Agency (or its nominee), such distribution shall be made by wire transfer in immediately available funds to the account designated by such Clearing Agency (or such nominee).

  • Completion Accounts 6.1 The Buyer shall procure that the Group prepares drafts of the Completion Accounts and the Statement in the format set out in part 2 of schedule 7 (the “Statement”), on the basis of the accounting policies and procedures set out in schedule 8 and deliver them to the Seller within 40 Business Days of Completion.

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