Examples of Closing Financial Data in a sentence
Buyer and its authorized representatives shall have full access to all relevant books and records and employees of Seller to the extent required to complete their review of the Closing Financial Data.
As of the Closing, there shall be no intercompany receivables or payables or loans then existing between Seller or any of the Continuing Affiliates, on the one hand, and the Company or any of the Subsidiaries, on the other hand, and the Closing Financial Data prepared pursuant to Section 2.5(a) hereof shall be prepared accordingly.
After receipt of the Closing Financial Data, Buyer shall have 20 days to review the Closing Financial Data, together with the workpapers used in the preparation thereof.
Unless Buyer delivers written notice to Seller on or prior to the 30th day after Buyer's receipt of the Closing Financial Data specifying in reasonable detail the amount, nature and basis of each disputed item, Buyer shall be deemed to have accepted and agreed to the calculation of Closing Working Capital.
Immediately prior to the Closing, all intercompany receivables or payables then existing between the Business, on the one hand, and the other businesses of Seller and Affiliates of Seller, on the other hand, shall be canceled (except to the extent included in Final Closing Working Capital), and the Closing Financial Data prepared pursuant to Section 2.8 hereof shall be prepared accordingly.