Common use of Other Balance Sheet Adjustments Clause in Contracts

Other Balance Sheet Adjustments. To the extent not otherwise provided in this Agreement, the Company and New Xxxxxx shall take such action as is necessary to effect an adjustment to the books of the Company and New Xxxxxx so that, as of the Cut-off Date, the prepaid expense balances and accrued liabilities with respect to any employee liability or obligation assumed or retained as of the Cut-off Date by the Company and the Company Subsidiaries, on the one hand, and New Xxxxxx and the New Xxxxxx Subsidiaries, on the other hand, are appropriately reflected on the respective consolidated balance sheets as of the Cut-off Date, respectively, of the Company and New Xxxxxx.

Other Balance Sheet Adjustments. To the extent not otherwise provided in this Agreement, the Company Com- pany and New Xxxxxx shall take such action as is necessary to effect an adjustment to the books of the Company and New Xxxxxx so that, as of the Cut-off Date, the prepaid expense balances and accrued liabilities with respect to any employee liability or obligation assumed or retained as of the Cut-off Date by the Company and the Company Subsidiaries, on the one hand, and New Xxxxxx and the New Xxxxxx Subsidiaries, on the other hand, are appropriately reflected on the respective consolidated balance sheets as of the Cut-off Date, respectively, of the Company and New Xxxxxx.