Common use of SUBMISSION OF DRAFT Clause in Contracts

SUBMISSION OF DRAFT. (A) As soon as the draft Completion Accounts shall have been prepared, the Purchaser shall send a copy to the Vendor together with such working papers used in connection with the preparation of the same as it considers necessary or appropriate to understand and agree the Completion Accounts and shall in addition, at the same time, send to the Vendor its calculation of the Net Current Assets.

Appears in 2 contracts

Samples: Share Purchase Agreement (UCI Holdco, Inc.), Share Purchase Agreement (United Components Inc)

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SUBMISSION OF DRAFT. (Aa) As soon as the draft Completion Accounts shall have been prepared, the Purchaser Vendor shall send a copy to the Vendor Purchaser together with such working papers used in connection with the preparation of the same as it considers necessary or appropriate to understand and agree the Completion Accounts and shall in addition, at the same time, send to the Vendor Purchaser its calculation of the Net Current Assets.

Appears in 1 contract

Samples: Escrow Agreement (Arbinet Thexchange Inc)

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SUBMISSION OF DRAFT. (A) 3.1.1 As soon as the draft Completion Accounts shall have been prepared, the Purchaser shall send a copy to the Vendor Vendors' Accountants together with such working papers used in connection with the preparation of the same as it considers is reasonably necessary or appropriate to understand and agree the draft Completion Accounts and shall in addition, at the same time, send to the Vendor its Vendors calculation of the Net Current AssetsLiabilities ("Calculation").

Appears in 1 contract

Samples: RSL Communications LTD

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