Audited Closing Statement definition

Audited Closing Statement shall have the meaning set forth in Section II.B.6.
View Source
Audited Closing Statement has the meaning set forth in Section 2.7(a).
View Source
Audited Closing Statement means the closing balance sheet of Seller, solely with respect to the Assets and Assumed Liabilities, as of the Closing Date, prepared in accordance with this Agreement in the form of EXHIBIT "B" and as audited by Arth▇▇ ▇▇▇e▇▇▇▇ ▇▇▇ or another independent certified public accountant mutually satisfactory to the parties.
View Source

Examples of Audited Closing Statement in a sentence

  • Heinz shall deliver or cause to be delivered to Del Monte as soon as reasonably practicable after the Closing Date an audited combined statement of assets and liabilities contributed as of the Closing Date, prepared in accordance with GAAP (the "Audited Closing Statement") and audited by PricewaterhouseCoopers LLP, which will present the Spinco Assets and the Spinco Liabilities.

  • The Audited Closing Statement shall be prepared at the sole cost and expense of Heinz.

  • The cost of such audit and the preparation of the Audited Closing Statement shall be shared equally between the Purchaser and the Seller.

  • Items not affected by any such dispute will be deemed to be as set forth on the Audited Closing Statement and the Audited Closing Statement shall be final as to such undisputed items.

  • The final determination of the Audited Closing Net Working Capital (the "FINAL AUDITED CLOSING NET WORKING CAPITAL") shall be the Audited Closing Net Working Capital set forth in the Audited Closing Statement, as adjusted by the parties and by the Arbitrator's Determination, if any.

  • The Audited Closing Payment shall be made no later than the next business day after receipt of the Audited Closing Statement.

  • If the face value of the Aged Accounts Receivable as set out on the Audited Closing Statement is different than the face value of the Aged Accounts Receivable set out on the Unaudited Closing Statement, the Purchaser and the Vendor agree that on the Adjustment Date appropriate adjustments will be made to the amount paid by the Purchaser at Closing in respect of the Aged Accounts Receivable.

  • The Closing Schedule of Accounts Payable will be reflected on the Audited Closing Statement and will reflect a full and complete list of all accounts payable of Seller as of the Closing Date, reflecting as to each account the creditor's name, the amount owed thereunder, and the age or date of such payable.

  • The Audited Closing Statement shall be in a form substantially similar to the Closing Statement, except that it will reflect the payment of any Interim Closing Payment.

  • The Audited Closing Statement shall be prepared by PricewaterhouseCoopers.


More Definitions of Audited Closing Statement

Audited Closing Statement means the closing balance sheet of the Old Company, as of December 31, 1996, prepared in accordance with generally accepted accounting principles, and as audited by Ernst & Young.
View Source