Common use of Delivery of Closing Statement Clause in Contracts

Delivery of Closing Statement. Within 90 days after the Closing Date, Buyer shall cause to be prepared and shall deliver to Sellers a statement (the “Final Closing Statement”) setting forth in reasonable detail Buyer’s calculation of (i) the Closing Working Capital, (ii) the Closing Indebtedness, (iii) Closing Date Cash and (iv) the Closing Transaction Expenses.

Appears in 2 contracts

Samples: Share Purchase Agreement (Transcat Inc), Share Purchase Agreement (Transcat Inc)

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Delivery of Closing Statement. Within 90 days after the Closing Date, Buyer shall cause to be prepared and shall deliver to Sellers Seller a balance sheet of Seller as of the Effective Time prepared in good faith in accordance with the Accounting Methods and a statement (collectively, the “Final Closing Statement”) setting forth in reasonable detail Buyer’s calculation of (i) the Closing Working Capital, (ii) the Closing Indebtedness, (iii) Closing Date Cash Indebtedness and (iv) the Closing Transaction Expenses, with the components thereof prepared in accordance with Accounting Methods.

Appears in 1 contract

Samples: Asset Purchase Agreement (VerifyMe, Inc.)

Delivery of Closing Statement. Within 90 days after the Closing Date, Buyer shall cause to be prepared and shall deliver to Sellers Seller a closing statement of Seller as of the Closing Date prepared in good faith in accordance with the Accounting Methods and a statement (collectively, the “Final Closing Statement”) setting forth in reasonable detail Buyer’s calculation of (i) the Closing Working Capital, (ii) the Closing Indebtedness, (iii) Closing Date Cash and (iv) the Closing Transaction Expenses, with the components thereof prepared in accordance with Accounting Methods.

Appears in 1 contract

Samples: Asset Purchase Agreement (VerifyMe, Inc.)

Delivery of Closing Statement. Within 90 days after the Closing Date, Buyer shall cause to be prepared and shall deliver to Sellers a statement (the “Final Closing Statement”) setting forth in reasonable detail (i) Buyer’s calculation of (iA) the Closing Cash, (B) the Closing Working Capital, (iiC) the Closing Indebtedness, (iii) Closing Date Cash and (ivD) the Closing Transaction Expenses, and (ii) the calculation of the Final Adjusted Purchase Price based thereon.

Appears in 1 contract

Samples: Membership Unit Purchase Agreement (Transcat Inc)

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Delivery of Closing Statement. Within 90 days after the Closing Date, Buyer shall cause to be prepared and shall deliver to Sellers Seller a statement (the “Final Closing Statement”) setting forth in reasonable detail Buyer’s calculation of (i) the Closing Working CapitalSeller Prepaids, (ii) the Closing Indebtedness, (iii) Closing Date Cash Indebtedness and (iv) the Closing Transaction Expenses, the components thereof prepared in accordance with GAAP.

Appears in 1 contract

Samples: Executive Employment Agreement (Infinite Group Inc)

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