Examples of Audited Closing Financial Statements in a sentence
The parties shall share equally the reasonable fees and expenses charged by KPMG LLP in connection with the preparation of the Audited Closing Financial Statements.
No later than thirty (30) days following the delivery of the Audited Closing Financial Statements to Buyer as provided in Section 4.12 hereof, Buyer shall cause to be prepared in accordance with the Specified Accounting Principles a statement (the "Closing Date Schedule") setting forth in reasonable detail Buyer's calculation of Closing Cash and Closing Net Working Capital, and shall deliver the Closing Date Schedule to Seller.
Seller shall permit KPMG LLP to consult with the independent auditors of Buyer in the preparation of the Audited Closing Financial Statements and to consider in good faith any recommendations made by Buyer's independent auditors in respect thereto.
Buyer shall use commercially reasonable efforts to assist Seller and KPMG LLP and shall cooperate fully and promptly with Seller and KPMG LLP by providing information and providing assistance as Seller or KPMG LLP may reasonably request in connection with the preparation of the Audited Closing Financial Statements.
The final amount of the Offshore Consideration shall be subject to (a) an adjustment on the Agreed Value on a pro-rata basis based on the Final Total GFA as reflected in the real estate title certificate of Property A and (b) another adjustment on the Estimated Net Asset Adjustment on a dollar-for-dollar basis based on the final amount of the Net Asset Adjustment as reflected in the Audited Closing Financial Statements.
At such time as KPMG LLP delivers the Audited Closing Financial Statements and its work papers with respect thereto to Seller, Seller shall provide copies of such Audited Closing Financial Statements and work papers to Buyer.
Promptly after completion of such audit Deloitte shall supply Seller with copies of the Audited Closing Financial Statements and Deloitte’s opinion thereon (together with the Audited Closing Financial Statements, the “Audit Report”) stating that the Audited Closing Financial Statements have been prepared in accordance with U.S. GAAP on a going concern basis consistently applied.
The Proposed Closing Statement shall be prepared in accordance with (i) the guidelines set forth on E xhibit E and (ii) GAAP on a basis consistent with the Audited Closing Financial Statements.