Estimated Working Capital Statement. 7 GAAP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Estimated Working Capital Statement. At least five Business Days prior to the anticipated Closing Date, the Company shall deliver to Parent a good faith estimate of the Working Capital on the Closing Date (such estimate, the “Estimated Working Capital”), including reasonable detail regarding the calculation of Working Capital (which shall include reasonable back–up documentation regarding the line items that make up Working Capital) (the “Estimated Working Capital Statement”). The Estimated Working Capital Statement shall be prepared in accordance with GAAP on a basis consistent with the accounting policies, practices, procedures and principles used in preparing the Company Balance Sheet (to the extent such policies, practices, procedures and principles were in accordance with GAAP). The Company (on behalf of the Members) on the one hand and the Purchaser and Parent on the other hand each shall bear its own expenses in the preparation and review of the Estimated Working Capital Statement.
Estimated Working Capital Statement. At least three Business Days prior to the Closing Date, the Sellers shall deliver to Buyer an estimated working capital statement as of the Closing Date, which statement shall set forth the Sellers' good faith estimate of the Combined Current Assets and Combined Liabilities of the Combined CATV Business and the Estimated Adjustment Amount as of the Closing Date as determined in accordance with GAAP and in a manner consistent with the preparation of the Interim Financial Statements, except as otherwise required by this Agreement (the "Estimated Working Capital Statement"). On the date that Sellers deliver the Estimated Working Capital Statement, the Sellers shall also deliver to Buyer an estimate of the number of Basic Subscribers to be transferred to Buyer under this Agreement and the Agreement and Plan of Reorganization as of the Closing Date (the "Combined Basic Subscriber Estimate"). The number of Basic Subscribers set forth in the Combined Basic Subscriber Estimate shall be used on the Closing Date for computing the Purchase Price and the Subscriber Adjustment, if any. Basic Subscribers transferred to Buyer under this Agreement and the Agreement and Plan of Reorganization shall be deemed to include all Basic Subscribers of the Combined CATV Business, irrespective of the lack of approval or consent of Governmental Authorities to transfer to Buyer any franchises containing Basic Subscribers.
Estimated Working Capital Statement. Not less than five (5) business days prior to the Closing Date, Seller shall deliver to Buyer a statement setting forth its good faith estimate as of such date of Working Capital, along with reasonably detailed supporting calculations (the “Estimated Working Capital”).
Estimated Working Capital Statement. At least three (3) Business Days prior to the Closing Date, Seller shall cause the Group to prepare and deliver to Purchasers:
Estimated Working Capital Statement. Not less than twenty (20) Business Days prior to the Closing Date, Sellers shall deliver to Buyer a written statement (the “Estimated Working Capital Statement”) substantially in the form attached hereto as Exhibit A, setting forth in reasonable detail Sellers’ good faith calculation of (i) the estimate of the Working Capital as of the Closing Date (the “Estimated Working Capital”) and the estimate of the Excess Working Capital (if any) (the “Estimated Excess Working Capital”), which estimates shall be based on Sellers’ review of the financial and other books and records of the Company and its Subsidiaries then available to Sellers, and (ii) the outstanding balance of the Intercompany Notes as of the Closing Date.
Estimated Working Capital Statement. Set forth at Exhibit C is the Company’s estimated statement of the Working Capital of the Company as of the Closing Date (the “Estimated Working Capital Statement”). Such statement was prepared in accordance with GAAP, consistently applied.
Estimated Working Capital Statement. A detailed statement setting forth the amounts of Estimated Working Capital, Closing Working Capital, SEAFMAN Estimated Working Capital and SEAFMAN Closing Working Capital, including the amounts, by general ledger account, of Accounts Receivable, Inventory and Trade Payables.
Estimated Working Capital Statement. At least three (3) business days prior to the Closing, the Company shall prepare and deliver to Parent a good faith estimate of the Net Working Capital (the "Estimated Statement of Working Capital"), together with an estimated balance sheet of the Company as of the Closing (the "Estimated Closing Balance Sheet"), prepared and presented in accordance with GAAP, consistently applied with the Company's Financial Statements (including the same accounting principles, practices, valuation and estimation methodologies used by the Company in the preparation of the Financial Statements). The Estimated Statement of Working Capital shall be calculated based on the Estimated Closing Balance Sheet.
Estimated Working Capital Statement. Schedule 2.06(a) sets forth the Sellers’ good faith estimate of Working Capital as of the Closing and has been prepared in accordance with the methods, principles, practices and policies set forth therein.
