Common use of Closing Date Balance Sheet Clause in Contracts

Closing Date Balance Sheet. No later than 30 days following the Closing, Seller shall provide to Buyer a balance sheet dated as of the Closing, as determined in accordance with a tax accounting basis consistently applied, which is true and correct in all material respects and presents fairly and accurately the financial condition of the Business as of the date of the Closing and the results of operations for the Business for the period covered thereby and includes, but is not limited to, Seller's accounts receivable, accounts payable, and deferred and unearned revenue.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

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Closing Date Balance Sheet. No later than 30 thirty (30) days following the Closing, Seller shall provide to Buyer a balance sheet dated as of the Closing, as determined in accordance with a tax accounting basis GAAP consistently applied, which is true and correct in all material respects and presents fairly and accurately the financial condition of the Business as of the date of the Closing and the results of operations for the Business for the period covered thereby and includes, but is not limited to, Seller's accounts receivable, accounts payable, and all deferred and all unearned revenue.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

Closing Date Balance Sheet. No later than 30 thirty (30) days following the Closing, Seller shall provide to Buyer a balance sheet dated as of the ClosingClosing dated, as determined in accordance with a tax accounting basis GAAP consistently applied, which is true and correct in all material respects and presents fairly and accurately the financial condition of the Business as of the date of the Closing and the results of operations for the Business for the period covered thereby and includes, but is not limited to, Seller's accounts receivable, accounts payable, and all deferred and all unearned revenue.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

Closing Date Balance Sheet. No later than 30 thirty (30) days following the Closing, Seller shall provide to Buyer a balance sheet dated as of the Closing, as determined in accordance with a tax accounting basis GAAP consistently applied, which is true and correct in all material respects and presents fairly and accurately the financial condition of the Business as of the date of the Closing and the results of operations for the Business for the period covered thereby and includes, but is not limited to, Seller's accounts receivableAccounts Receivable, accounts payable, and all deferred and all unearned revenue.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

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Closing Date Balance Sheet. No later than 30 thirty (30) days following the Closing, each Seller shall provide to Buyer a balance sheet dated as of the Closing, as determined in accordance with a tax accounting basis consistently appliedClosing Date, which is true and correct in all material respects and presents fairly and accurately the financial condition of the Business as of the date of the Closing and the results of operations for the Business for the period covered thereby and includes, but is not limited to, Sellersets forth Buyer's accounts receivable, accounts payable, and deferred or unearned revenue with respect to the Business, in each case as determined in accordance with GAAP and unearned revenueconsistent with such Seller's prior practices.

Appears in 1 contract

Samples: Asset Purchase Agreement (Duro Communications Corp)

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