Closing Date Financial Report definition

Closing Date Financial Report means collectively the financial documents and information prepared and to become final and conclusive in accordance with Article 7 for purpose of final determination of the Purchase Price;
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Closing Date Financial Report means an estimated balance sheet of the Company as of the Closing Date along with an estimate of Working Capital as of the Closing Date, prepared in accordance with Exhibit A, and an estimate of Inventory as of the Closing Date, all prepared by the Company consistent with the Company’s prior accounting practices.
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Closing Date Financial Report setting forth (i) a statement of the Closing Date Net Working Capital; and (ii) a calculation of the Working Capital Adjustment based on such report. The Purchaser shall bear any third-party expenses or fees incurred in preparing the Closing Date Financial Report. The Purchaser shall deliver or make available to the Sellers promptly, and in any event within five (5) Business Days after any written request, any work papers or other information used by the Purchasers in connection with the preparation of the Closing Date Financial Report requested by the Sellers. If the Sellers do not object in writing to the Closing Date Financial Report within thirty (30) days after its delivery to the Sellers, such Closing Date Financial Report will automatically become final and conclusive and the Closing Date Net Working Capital and the Working Capital Adjustment therein shall be the final Closing Date Net Working Capital and the final Working Capital Adjustment, respectively; provided that such 30-day period shall be tolled while Sellers are waiting to receive any work papers or other information reasonably requested by Sellers that were used by the Purchaser in connection with its preparation of the Closing Date Financial Report. In the event that the Sellers object in writing to the Closing Date Financial Report within such 30-day period, as extended, the Sellers and the Purchaser shall promptly meet and endeavor to reach agreement as to the content of the Closing Date Financial Report. If the Sellers and the Purchaser agree on the content of the Closing Date Financial Report, such Closing Date Financial Report will become final and conclusive. If the Sellers and the Purchaser are unable to reach agreement within fifteen (15) days after the delivery of such objection by the Sellers to the Closing Date Financial Report, then the Independent Accountants will promptly be retained to undertake a determination of the Closing Date Financial Report, which determination will be made as quickly as possible. Only disputed items (plus any items deemed by the Independent Accountants to be reasonably necessary to a determination of the disputed items) will be submitted to the Independent Accountants for review. In resolving any disputed item, the Independent Accountants may not assign a value to such item greater than the greatest value for such item claimed by either Party or less than the lowest value for such item claimed by either Party, in each case as presented to the Indep...
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Examples of Closing Date Financial Report in a sentence

  • All known liabilities have been incurred consistent with past practices, and such liabilities have been and will be properly reflected in the December 31 Combined Financial Statements, the Interim Financial Information and in the Closing Date Financial Report.

  • The results of the physical inventory shall be used in the preparation of the Closing Date Financial Report.

  • The Employees are and will at the Closing Date be the only employees of the FAST Operating Entities, and the FAST Operating Entities do not have any liabilities under labor laws (including under Italian law 1369/60 regarding intermediation of labor services and Spanish law 31/1995 dated November 8, 1995 on labor safety) except vis-a-vis the Employees and except as reflected in the December 31 Combined Financial Statements and in the Closing Date Financial Report.

  • At or before the Closing, the Company will deliver the Closing Date Financial Report to Buyer and the SPAC.


More Definitions of Closing Date Financial Report

Closing Date Financial Report shall have the meaning set forth in Section 2.3(a) hereof.
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Related to Closing Date Financial Report

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 11, 2022 and effective December 31, 2021.

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Financial Statement Date has the meaning set forth in Section 4.05 hereof.

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.

  • Supplemental Report means a Supplemental Report delivered by the Issuer to Treasury pursuant to the Definitive Agreement.

  • Initial Financial Statements means, collectively, (a) the audited annual consolidated financial statements of the Borrower dated as of December 31, 2014 and (b) the unaudited quarterly consolidated financial statements of the Borrower dated as of September 30, 2015.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Closing Date Business Plan means the set of Projections of Borrower for the 1 year period following the Closing Date (on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Balance Sheet has the meaning specified in Section 2.3(b).

  • ESDM Report means the Emission Summary and Dispersion Modelling Report, dated June 12, 2009, prepared in accordance with the Procedure Document by Golder Associated Ltd. and submitted in support of the application, and includes any amendments to the ESDM Report listed in Schedule A and all up-dated ESDM Reports prepared as required by the Documentation Requirements conditions of this Certificate.

  • Annual Financial Statement is defined in Section 10.1(a).

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Target Financial Statements has the meaning set forth in Section 3.4(a).

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • Year-End Financial Statements has the meaning specified in Section 4.5.

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.

  • Statement Date means each date designated as such in the Series Term Sheet.