Common use of Preparation of Closing Date Balance Sheet Clause in Contracts

Preparation of Closing Date Balance Sheet. (a) Within forty-five (45) days after the Closing Date, the Purchaser will deliver to the Seller a draft consolidated balance sheet (the "Draft Closing Date Balance Sheet") for the Company as of the close of business on the Closing Date (determined on a pro forma basis as though the parties had not consummated the Transactions) and prepared in accordance with the Agreed Upon Procedures.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Triad Financial Corp), Stock Purchase Agreement (Triad Financial Corp)

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Preparation of Closing Date Balance Sheet. (a) Within forty-five (45) 30 days after the Closing DateClosing, the Seller (in cooperation with Finance Company and Purchaser) shall prepare and provide to Purchaser will deliver to the Seller and Purchaser's Accountants a draft consolidated balance sheet (the "Draft Closing Date Balance Sheet and a draft Adjusted Closing Date Balance Sheet") for the Company as of the close of business on the Closing Date (determined on a pro forma basis as though the parties had not consummated the Transactions) and prepared in accordance with the Agreed Upon Procedures.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ziegler Leasing Corp /Wi)

Preparation of Closing Date Balance Sheet. (ai) Within forty-five (45) 60 days after the Closing Date, the Purchaser Buyer will prepare and deliver to the Seller Sellers a draft consolidated balance sheet (the "Draft Closing Date Balance Sheet") for the Company Targets as of the close of business on the Closing Date (determined on a pro forma basis as though the parties Parties had not consummated the Transactions) and prepared transactions contemplated by this Agreement). The Buyer will prepare the Draft Closing Date Balance Sheet in accordance with GAAP applied on a basis consistent with the Agreed Upon Procedurespreparation of the Financial Statements.

Appears in 1 contract

Samples: Purchase Agreement

Preparation of Closing Date Balance Sheet. (a) Within forty-five (45) 90 days after the Closing Date, the Purchaser Buyer will prepare and deliver to the Seller a draft consolidated balance sheet (the "Draft Closing Date Balance Sheet") for the Company Seller as of the close of business on the Closing Date (determined on a pro forma basis as though the parties Seller and Buyer had not consummated the Transactions) and prepared transactions contemplated by this Agreement). Buyer will prepare the Draft Closing Date Balance Sheet in accordance with GAAP applied on a basis consistent with the Agreed Upon Procedurespreparation of the Financial Statements provided by Seller pursuant to this Agreement.

Appears in 1 contract

Samples: Asset Purchase Agreement (Commercial Vehicle Group, Inc.)

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Preparation of Closing Date Balance Sheet. (ai) Within forty-five (45) 60 days after the Closing Date, the Purchaser Buyer will prepare and deliver to the Seller a draft consolidated balance sheet (the "Draft Closing Date Balance Sheet") for the Company Business as of the close of business on the Closing Date, upon which Buyer shall include Buyer’s calculation of the Net Working Capital. Buyer will prepare the Draft Closing Date (determined on a pro forma basis as though the parties had not consummated the Transactions) and prepared Balance Sheet in accordance with GAAP on an accrual basis (other than with respect to any amounts owing to Xxxxxx pursuant to the Agreed Upon ProceduresNote, which shall continue to be reflected as owners’ equity).

Appears in 1 contract

Samples: Asset Purchase Agreement (Convio, Inc.)

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