Determination of Closing Statement. (a) The Draft Closing Statement as agreed or determined pursuant to Part 1 of Schedule 7 (Closing Statement): (i) shall constitute the Closing Statement for the purposes of this Agreement; and (ii) shall be final and binding on the Seller and the Purchaser. (b) The Working Capital, the Group Companies’ Cash Balances, the Closing Debt, the Intra-Group Financing Receivables and the Intra-Group Financing Payables shall be extracted from the Closing Statement.
Appears in 3 contracts
Samples: Sale and Purchase Agreement, Sale and Purchase Agreement (Scotts Miracle-Gro Co), Sale and Purchase Agreement (Scotts Miracle-Gro Co)
Determination of Closing Statement. (a) 7.2.1 The Draft Closing Statement as agreed or determined pursuant to paragraph 1 of Part 1 of Schedule 7 (Closing Statement):16:
(i) shall constitute the Closing Statement for the purposes of this Agreement; and
(ii) shall be final and binding on the Seller and the Purchaserparties.
(b) 7.2.2 The Working Capital, the Vaccines Group Companies’ Cash Balances, the Closing DebtThird Party Indebtedness, the Intra-Group Financing Receivables and Non-Trade Receivables, the Intra-Group Financing Non-Trade Payables and the Tax Adjustment shall be extracted derived from the Closing Statement.
Appears in 3 contracts
Samples: Share and Business Sale Agreement (Glaxosmithkline PLC), Share and Business Sale Agreement (Novartis Ag), Share and Business Sale Agreement (Glaxosmithkline PLC)
Determination of Closing Statement. (a) 7.2.1 The Draft Closing Statement as agreed or determined pursuant to paragraph 4 of Part 1 of Schedule 7 (Closing Statement):7:
(ia) shall constitute the Closing Statement for the purposes of this Agreement; and
(iib) shall be final and binding on the Seller and the Purchaserparties.
(b) 7.2.2 The Working Capital, the Group Companies’ Cash Balances, the Closing DebtThird Party Indebtedness, the Intra-Group Financing Receivables and the Intra-Group Financing Payables shall be extracted from as set out in the Closing Statement.
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Determination of Closing Statement. (a) 7.2.1 The Draft Closing Statement as agreed or determined pursuant to paragraph 1 of Part 1 of Schedule 7 (Closing Statement):14:
(i) shall constitute the Closing Statement for the purposes of this Agreement; and
(ii) shall be final and binding on the Seller and the Purchaserparties.
(b) 7.2.2 The Working Capital, the Flu Group Companies’ Cash Balances, the Closing Debt, the Intra-Group Financing Receivables Tax Adjustment and the Intra-Group Financing Payables Third Party Indebtedness shall be extracted derived from the Closing Statement.
Appears in 1 contract
