Examples of Audited Closing Statement in a sentence
The cost of such audit and the preparation of the Audited Closing Statement shall be shared equally between the Purchaser and the Seller.
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 By-Laws of the Fund, as amended and restated and in effect on the date hereof.
After receipt of the Audited Closing Statement of Net Assets, Buyer shall have thirty (30) days to review it.
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.
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 term "Closing Date Net Assets" as used herein shall mean the book value of the Assets of the CD Int Business set forth on the Final Audited Closing Statement of Net Assets in excess of the amount of the Assumed Liabilities of the CD Int Business set forth on the Final Audited Closing Statement of Net Assets, determined in accordance with the procedures set forth below.
Buyer and its authorized representatives shall have full access to all relevant books and records and employees of the Seller and Auditor to the extent required to complete their review of the Audited Closing Statement of Net Assets including Auditor's work papers used in preparation thereof.
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.