Effective Control Balance Sheet; Dividends; Net Worth Sample Clauses

Effective Control Balance Sheet; Dividends; Net Worth. 2.8.1. The Company will prepare the Effective Control Balance Sheet in accordance with GAAP, which Effective Control Balance Sheet will fairly and accurately reflect the assets and liabilities of the Company as of October 31, 1997. 2.8.2. Without the consent of Buyer, until the Closing Date, the Company or Seller shall not repurchase, sell or transfer any Memberships, make or declare any dividends or make other distributions to members or otherwise take any action restricted under this Agreement. 2.8.3. The Cash Purchase Price will be reduced dollar for dollar to the extent the aggregate net worths of the Company and other LLC's, the assets of which are being acquired incident to the Related Purchase Transactions, at October 31, 1997 is less than $928,164 in the aggregate.