Common use of Preparation of draft Completion Statement Clause in Contracts

Preparation of draft Completion Statement. To enable the Actual Net Current Assets to be ascertained, as soon as reasonably practicable and by no later than on 15 March, 2009, the Sellers and the Purchaser shall co-operate and the Sellers shall procure that the Group Companies under supervision of the Sellers and it advisers prepare and deliver to the Sellers and the Purchaser a draft completion statement setting out the Actual Net Current Assets of the Group Companies as at Completion (the draft Completion Statement). The Draft Completion Statement shall show the items shown in Part 2 of this schedule and shall be prepared in accordance with the specific polices set out in Part 3 of this schedule and GAAP.

Preparation of draft Completion Statement. To enable the Actual Net Current Assets to be ascertained, as soon as reasonably practicable and by no later than on 15 March, 2009, 2009 the Sellers Seller and the Purchaser shall co-operate and the Sellers Seller shall procure that the Group Companies Company under supervision of the Sellers Seller and it its advisers prepare prepares and deliver delivers to the Sellers Seller and the Purchaser a draft completion statement setting out the Actual Net Current Assets of the Group Companies Company as at Completion (the draft Completion Statement). The Draft Completion Statement shall show the items shown in Part part 2 of this schedule and shall be prepared in accordance with the specific polices set out in Part part 3 of this schedule and and, to the extent which it does not conflict with those specific policies, GAAP.