Post-Closing Statement. (a) Within 60 days after the Closing Date, Purchaser shall prepare in good faith and deliver to Seller statements of (i) Working Capital and (ii) Indebtedness of the Company, in each case as of the Closing (collectively, the “Initial Closing Statement”). The Initial Closing Statement shall be prepared in accordance with the Accounting Principles and in accordance with GAAP, in each case applied consistently with their application in connection with the preparation of the Business Financial Statements.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Nextera Energy Inc), Stock Purchase Agreement (Gulf Power Co)
Post-Closing Statement. (a) Within 60 days after the Closing Date, Purchaser shall prepare in good faith and deliver to Seller statements of (i) Working Capital and Capital, (ii) Indebtedness of the Company, and (iii) the CapEx Shortfall Amount, in each case as of the Closing (collectively, the “Initial Closing Statement”). The Initial Closing Statement shall be prepared in accordance with the Accounting Principles and in accordance with GAAP, in each case applied consistently with their application in connection with the preparation of the Business Company Financial Statements.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Nextera Energy Inc), Stock Purchase Agreement (Gulf Power Co)
Post-Closing Statement. (a) Within 60 days after the Closing Date, Purchaser shall prepare in good faith and deliver to Seller statements of (i) Working Capital and Capital, (ii) Indebtedness of the CompanyCompanies, (iii) Purchaser Adjusted Consideration and (iv) Seller Adjusted Consideration, in each case as of the Closing (collectively, the “Initial Closing Statement”). The Initial Closing Statement shall be prepared in accordance with the Accounting Principles and in accordance with GAAP, in each case applied consistently with their application in connection with the preparation of the Business Financial Statements.
Appears in 1 contract
Post-Closing Statement. (a) Within 60 days after the Closing Date, Purchaser Seller shall prepare in good faith and deliver to Seller statements of Buyer a statement (i) Working Capital and (ii) Indebtedness of the Company, in each case as of the Closing (collectively, the “Initial Closing Statement”) setting forth each of (i) Closing Working Capital and (ii). The Initial Closing Statement shall be prepared in accordance with the Accounting Principles and in accordance with GAAP, in each case applied consistently with their application in connection with the preparation of the Business Financial Statements.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Southern Power Co)
