Examples of Closing Date Inventory Value Statement in a sentence
If EPI and the Acquiror are unable to reach agreement within such thirty (30) day period, then the Accountants shall be engaged at that time to review the Closing Date Inventory Value Statement, and shall make a determination as to the resolution of any adjustments.
Within ten (10) days after the date on which the Closing Date Inventory Value Statement becomes final and binding on EPI and the Acquiror, the Acquiror shall pay the Closing Date Inventory Value Adjustment to EPI, if positive, or EPI shall pay the Closing Date Inventory Value Adjustment to the Acquiror, if negative.
If agreement is reached in writing within such thirty (30) day period as to all proposed adjustments, or that no adjustments are necessary, EPI and the Acquiror shall revise the Closing Date Inventory Value Statement accordingly.
The Closing Date Inventory Value Statement shall become final and binding upon the Acquiror and EPI at the end of such sixty (60) day period, unless the Acquiror objects to the Closing Date Inventory Value Statement, in which case it shall send written Notice (the “Notice of Objection”) to EPI within such period, setting forth in specific detail the basis for its objection and its proposal for any adjustments to the Closing Date Inventory Value Statement.
If a timely Notice of Objection is received by EPI, then the Closing Date Inventory Value Statement shall become final and binding on EPI and the Acquiror on the first to occur of (x) the date EPI and the Acquirer resolve in writing any differences they have with respect to the matters specified in the Notice of Objection and (y) the date all matters in dispute are finally resolved in writing by the Accountants, in each case as provided below.
The determination of the Third Party Accounting Firm shall be delivered as soon as practicable following engagement of the Third Party Accounting Firm, but in no event more than 30 days thereafter, and shall be final, conclusive and binding upon the Elan Companies and the Acquiror and the parties shall revise the Closing Date Inventory Value Statement accordingly.
If the Elan Companies and the Acquiror are unable to reach agreement within 10 days following receipt of the Notice of Objection, then such certified public accounting firm of national reputation other than the auditors of the Elan Companies and the Acquiror as agreed upon by the Elan Companies and the Acquiror (the "Third Party Accounting Firm") shall be engaged at that time to review the Closing Date Inventory Value Statement, and shall make a determination as to the resolution of any adjustments.
The Closing Date Inventory Value Statement shall become final and binding upon the Acquiror and the Elan Companies at the end of such 30 day period, unless the Acquiror objects to the Closing Date Inventory Value Statement, in which case it shall send written notice (the "Notice of Objection") to the Elan Companies within such period, setting forth in specific detail the basis for its objection and its proposal for any adjustments to the Closing Date Inventory Value Statement.
Within 10 days of the date on which the Closing Date Inventory Value Statement becomes final and binding on the Elan Companies and the Acquiror, the Acquiror shall pay the Elan Companies the Closing Date Inventory Value Adjustment to the Elan Companies, if positive, and the Elan Companies shall pay the Closing Date Inventory Value Adjustment to the Acquiror, if negative.
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