Examples of Closing Net Working Capital Statement in a sentence
The Closing Net Working Capital Statement may not be amended by Seller after it is delivered to Purchaser.
Unless Stockholders' Representative notifies Buyer in writing that it disagrees with the Closing Net Working Capital Statement within 30 days after Stockholders' Representative's receipt thereof, the Closing Net Working Capital Statement shall be conclusive and binding on all parties hereto and not subject to dispute or review.
The Closing Balance Sheet and the Closing Net Working Capital Statement shall be deemed final for the purposes of this Section 2.14 and binding on the parties upon the earliest of (i) the failure of Parent to timely notify the Purchaser of a dispute in accordance with Section 2.14(b)(ii), (ii) the resolution of all disputes by Parent and the Purchaser and (iii) the resolution of all disputes by the Independent Accounting Firm.
The Independent Accounting Firm shall have exclusive jurisdiction over and the Independent Accounting Firm shall be the sole recourse and remedy of the parties against one another or any other Person with respect to any disputes arising out of or relating to the Closing Net Working Capital Statement and the calculation of the Closing Net Working Capital.
If Shareholders’ Representative fails to deliver the Objections Statement before the expiration of the Review Period, the Final Closing Net Working Capital Statement and the Final Closing Net Working Capital, Final Closing Cash, Final Closing Indebtedness and Final Closing Company Expenses stated therein shall be conclusive and binding upon the Parties.