Common use of Closing Date Inventory Adjustment Clause in Contracts

Closing Date Inventory Adjustment. (a) As promptly as practicable, but no later than sixty days after the Closing Date, Purchaser shall cause to be prepared and delivered to Seller a statement calculating the Closing Date Inventory (the “Closing Date Inventory Statement”).

Appears in 3 contracts

Samples: Asset Purchase Agreement (Midatech Pharma PLC), Asset Purchase Agreement (Galena Biopharma, Inc.), Asset Purchase Agreement (Galena Biopharma, Inc.)

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Closing Date Inventory Adjustment. (a) As promptly as practicable, but no later than sixty (60) days after the Closing Date, Purchaser shall cause to be prepared and delivered to Seller Sellers a statement calculating the Closing Date Inventory (the "Closing Date Inventory Statement"), including copies of any and all back-up or supporting data used in the preparation of the Closing Date Inventory Statement.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Aaipharma Inc), Asset Purchase Agreement (Xanodyne Pharmaceuticals Inc)

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