Final Financial Information. Not later than thirty (30) days following Closing, Seller, at Seller's sole cost and expense, shall deliver to Buyer "FINAL FINANCIAL INFORMATION", which shall include: (i) a balance sheet of Seller as of the Closing Date prepared in accordance with GAAP; (ii) an income statement of Seller for the period commencing on the date succeeding the last day of the most recent Financial Statement Date and ending on the Closing Date; (iii) an inventory of fixed assets of Seller as of the Closing Date; (iv) an inventory of supplies of Seller as of the Closing Date; and (v) a cash settlement statement of Seller as of the Closing Date.
Appears in 1 contract
Samples: Agreement for Sale and Purchase of Assets (Integrated Health Services Inc)
Final Financial Information. Not later than thirty forty-five (3045) days following Closing, Seller, at Seller's sole cost and expense, shall deliver to Buyer "FINAL FINANCIAL INFORMATION", which shall include:
(i) a balance sheet of Seller as of the Closing Date date hereof, prepared in accordance with GAAP;
(ii) an income statement of Seller for the period commencing on the date succeeding the last day of the most recent Financial Statement Date and ending on the Closing Date;
(iii) an inventory of fixed assets of Seller as of the Closing Date;
(iv) an inventory of supplies of Seller as of the Closing Date; and;
(v) a cash settlement statement an aged schedule of accounts receivable of Seller as of the Closing Date; and
(vi) a cash settlement of Seller, in the form provided by Buyer.
Appears in 1 contract
Samples: Agreement for Sale and Purchase of Assets (Integrated Health Services Inc)