Final Closing Date Balance Sheet definition
Examples of Final Closing Date Balance Sheet in a sentence
Within five Business Days following the termination of the 120-day period following the Closing Date, Shareholder shall deliver to Purchaser an amount in cash equal to the percentage set forth on Schedule 5(a) hereto of the aggregate amount of the face value of the Accounts Receivable that were included in the Final Closing Date Balance Sheet but which were not collected by the Practice as of the end of such 120-day period (such amount being referred to herein as the “Uncollected Amount”).
The Final Closing Date Balance Sheet shall set forth the actual amounts of (A) Cash, (B) Working Capital and (C) Debt and shall be accompanied by the Final Tax Adjustment Statement.
Payment of the Shareholders’ Equity True-Up Amount shall be paid to the appropriate Party by wire transfer of immediately available funds within 15 calendar days after the determination of the Final Closing Date Balance Sheet.
The resolution of the dispute and the calculation of the Final Closing Date Balance Sheet by the Independent Accounting Firm shall be final and binding on the parties hereto.
The Final Closing Date Balance Sheet prepared by the Accounting Expert and the Final Closing Net Working Capital calculated by the Accounting Expert shall be conclusive and binding on Seller and its Affiliates and Purchaser and its Affiliates.