Common use of Preparation of Closing Statement Clause in Contracts

Preparation of Closing Statement. As promptly as possible, but in any event within sixty (60) days after the Closing Date, Buyer will deliver to Sellers its calculation of the Closing Operating Working Capital (the “Closing Statement”). The Closing Statement shall be accompanied by reasonable supporting documentation and shall be prepared in a manner consistent with the Example Working Capital Calculation and the line items, adjustments, accounting principles and practices referred to therein.

Preparation of Closing Statement. As promptly as possiblepracticable, but in any event within no later than sixty (60) days after the Closing Date, Buyer will shall prepare and deliver to Sellers Seller a statement setting forth its calculation of the (i) Closing Operating Working Capital Capital, (the “ii) Closing Statement”). The Closing Statement shall be accompanied by reasonable supporting documentation and shall be prepared in a manner consistent with the Example Working Capital Calculation and the line itemsCash, adjustments, accounting principles and practices referred to therein.and

Preparation of Closing Statement. As promptly as possible, but in any event within sixty Within ninety (6090) days after the Closing Date, Buyer will shall prepare, or cause to be prepared, and deliver to Sellers its calculation of the Closing Operating Working Capital Seller a written statement (the “Closing Statement”). The Closing Statement ) that shall be accompanied by reasonable supporting documentation and shall be include a balance sheet of Seller as of the Effective Time prepared in a manner consistent accordance with the Example Accounting Principles and a good-faith calculation of the following and a statement of the Net Adjustment Amount: (i) the Closing Transaction Expenses; (ii) the Closing Indebtedness; (iii) the Closing Cash on Hand; (iv) the Closing Working Capital Calculation and the line items, adjustments, accounting principles and practices referred to therein.Capital

Preparation of Closing Statement. As promptly as possible, but possible and in any event within sixty (60) days Business Days after the Closing Date, Buyer will deliver shall prepare or cause to Sellers be prepared, and shall provide to the Member Representative a written statement setting forth in reasonable detail its calculation determination of Closing Cash, Closing Indebtedness and the Closing Operating Working Capital (the “Closing Statement”). The Closing Statement shall be accompanied by reasonable supporting documentation and Working Capital shall be prepared (i) in the form and manner, and on a manner basis consistent with the Example calculation of Target Working Capital Calculation and the line items, adjustments, accounting principles and practices referred to therein(ii) in accordance with GAAP consistently applied.