Examples of Closing Date Calculation in a sentence
The Seller shall pay the fees of its accountants and the Purchaser shall pay the fees of the Purchaser’s accountants in connection with the preparation and review of the Closing Date Statement and the Closing Date Calculation, and the determination of the Final Closing Date Net Working Capital.
There shall be no ex parte communications between the Seller or the Purchaser, on the one hand, and the Designated Accounting Firm, on the other hand, relating to the Seller’s objections or the Closing Date Calculation, other than written answers by the Seller or the Purchaser to written questions of the Designated Accounting Firm (copies of which answers shall be provided simultaneously to the other party).
The Purchaser and the Seller shall in good faith attempt to resolve any matters in dispute with respect to the Closing Date Calculation as promptly as practicable.
After the Purchaser has furnished the Closing Date Statement and the Closing Date Calculation, the Seller may object thereto by written notice from the Seller to the Purchaser within thirty (30) days after the Seller’s receipt of the Closing Date Statement and the Closing Date Calculation, which notice shall specify in reasonable detail those items or amounts as to which the Seller objects.
The Seller shall have the opportunity to consult with and to examine the work papers, schedules and other documents prepared or reviewed by the Purchaser in connection with the preparation of the Closing Date Statement and the Closing Date Calculation.
CONTRACTORS are required to keep all agency information including but not limited to contacts, facilities and service offering information up to date.
In the event that Hi Solutions fails to deliver any of the Proposed Closing Date Calculations on or prior to the Adjustment Notice Date and the Seller provides written notice to Hi Solutions of such failure, then no adjustment with respect to such amount shall be made hereunder unless Hi Solutions provides such Proposed Closing Date Calculation within five Business Days following receipt of such written notice.
Thereafter the Anticipated Savings not achieved shall be calculated pursuant to the methodology set forth in Section 6.3.10 (the "Final Calculation") and the parties shall make a subsequent compensating payment (together with simple interest at the Applicable Rate to reflect any difference between the Closing Date Calculation and the Final Calculation.
The Purchaser shall be irrevocably deemed to have agreed to all amounts in the Closing Date Calculation other than the Amounts in Dispute.
In the event Seller disagrees with any or all of the Final Working Capital Closing Date Calculation, Seller shall deliver to Purchaser within the Review Period a written notice of dispute (a “Dispute Notice”), which shall set forth, in reasonable detail, the items and amounts in dispute.