Capex Statement definition
Examples of Capex Statement in a sentence
Parent shall prepare the Capex Statement in accordance with the Applicable Accounting Principles.
If the parties reach agreement with respect to any Disputed Capex Items within such 45-day period, Parent shall revise the Capex Statement to reflect such agreement.
The “Actual Capital Expenditures” shall mean the aggregate Capital Expenditures set forth on the Capex Statement as revised pursuant to this Section 2.10.
If Estimated Capex exceeds Closing Capex set forth on the Final Closing Capex Statement, then the Purchase Price shall be adjusted downward in an amount equal to such excess and Seller shall pay the amount of such excess to Purchaser by wire transfer in immediately available funds on or before the fifth Business Day following the Settlement Date.
For the avoidance of doubt, no part of the Perimeter Closing Statements (including the Perimeter Capex Statement, the Perimeter Working Capital Statement, and the Perimeter Net Debt Statement) shall be deemed to be agreed or determined until the Perimeter Closing Statements in their entirety are agreed or otherwise determined in accordance with this Schedule 15.
The "Actual Capital Expenditures" shall mean the aggregate Capital Expenditures set forth on the Capex Statement as revised pursuant to this Section 2.10.
The Purchaser and the Vendor will each bear their own fees and expenses, including the fees and expenses of their respective auditors, in preparing or reviewing, as the case may be, the Capex Statement.
The Purchaser will, and will cause the Corporation to, (i) provide access to the Vendor, upon every reasonable request, to the accounts, books and records and employees of the Corporation and (ii) cooperate with the Vendor for purposes of preparing the Capex Statement.
For the avoidance of doubt, no part of the Perimeter Closing Statements (including the Perimeter Capex Statement, the Perimeter Working Capital Statement, and the Perimeter Net Debt Statement) shall be deemed to be agreed or determined until the Perimeter Completion Statements in their entirety are agreed or otherwise determined in accordance with this Schedule 15.