Examples of Estimated Closing Balance Sheet in a sentence
The Estimated Closing Balance Sheet will be prepared in accordance with GAAP in a manner consistent with the methods and practices used to prepare the Financial Statements (without giving effect to the transactions contemplated herein) subject to the modifications and limitations set forth on Exhibit F and the valuation of the inventory in accordance with the Inventory Valuation Principles set forth on Exhibit H (collectively, the “Agreed Accounting Principles”).
Seller will deliver with the Estimated Closing Balance Sheet (A) a statement setting forth Seller’s calculation of the Closing Working Capital based on the Estimated Closing Balance Sheet and reflecting the exclusion of the Excluded Assets and Excluded Liabilities (the “Estimated Closing Working Capital”) and (B) a certification of each of Seller’s chief executive officer and chief operating officer that the Estimated Closing Balance Sheet was prepared in accordance with the Agreed Accounting Principles.