Examples of Closing Balance Sheet Principles in a sentence
All of the foregoing statements are made only as of the date of the most recent financial statements available and as of the Closing Balance Sheet subject to the Closing Balance Sheet Principles.
In addition, Seller shall prepare a report as of the Closing Date (the "PRELIMINARY CLOSING REPORT") setting forth its estimate of the net assets of the Business as of the Closing Date (the "PRELIMINARY NET ASSETS") as calculated in accordance with the Closing Balance Sheet Principles.
In addition, Seller shall prepare a report as of the Closing Date (the "Preliminary Closing Report") setting forth its estimate of the net assets of the Business as of the Closing Date (the "Preliminary Net Assets") as calculated in accordance with the Closing Balance Sheet Principles.
The Estimated Closing Balance Sheet and the Estimated Adjustment Statement shall be prepared in accordance with the Closing Balance Sheet Principles and include reasonable detail with respect to the calculation of each component of the Estimated Net Working Capital, the Estimated Cash Amount and the Estimated Indebtedness Amount.
Seller and Buyer will in good faith discuss the Estimated Closing Balance Sheet delivered to Buyer and Seller will consider Buyer’s comments on such draft to the extent consistent with the Closing Balance Sheet Principles, provided that such comments are delivered in writing to Seller within three Business Days of Buyer’s receipt of the draft Estimated Closing Balance Sheet.