Final Closing Net Assets Statement means the definitive Closing Net Assets Statement accepted by Seller or agreed to by Purchaser and Seller in accordance with Section 1.4(b) or the definitive Closing Net Assets Statement resulting from the determinations made by the Independent Auditor in accordance with this Section 1.4(c) (in addition to those items theretofore accepted by Seller or agreed to by Purchaser and Seller).

Final Closing Net Assets Statement shall have the meaning set forth in Section 4.1(b)(ii).

Final Closing Net Assets Statement. The Final Closing Net Asset Statement shall be prepared in a manner using the same accounting methods, practices, principals, policies and procedures, with consistent classifications, judgments and valuations, estimation and accruals methodologies as used in the Reference Balance Sheet set forth in Exhibit O.

Examples of Final Closing Net Assets Statement in a sentence

Seller shall pay the Seller Transaction Fees and Purchaser shall pay the Purchaser Transaction Fees; provided, however, that the Companies may pay the Seller Transaction Fees so long as such Seller Transaction Fees are either paid prior to Closing or included in the Final Closing Net Assets Statement.
The Final Closing Net Assets Statement delivered by Buyer to the Seller Representative shall be conclusive and binding upon the parties unless the Seller Representative, within 30 days after delivery to the Seller Representative of the Final Closing Net Assets Statement, notifies the Buyer in writing that the Seller Representative disputes any of the amounts set forth therein, specifying the nature of the dispute and the basis therefor.
If the Merger is consummated, all such costs and expenses will either be paid from the Initial Cash Amount as provided in Section 2.4 or reflected on the Final Closing Net Assets Statement.
All work-in-process or accrued billing reflected in the Financial Statements and/or Final Closing Net Assets Statement has been performed pursuant to a written or oral customer order or contract therefor and shall become accounts receivable in due course, except to the extent that any such order or contract fails to become an account receivable, in whole or in part, due to any action or inaction of the Company after the Effective Time.
Phase 1 (1A, 1B & 1C-Construction of UNBS Headquarters) was successfully completed by the end of FY2015/16.
In the event that any account receivable shown on the Final Closing Net Assets Statement has not been collected in full by the six-month anniversary of the Closing (each an “Unpaid Receivable”), the face amount thereof, net of any unused portion of the receivables reserve reflected on the Final Closing Net Assets Statement (up to the face amount of the receivable), shall be established as a credit in favor of Parent.

Related to Final Closing Net Assets Statement

Final Closing Cash shall have the meaning set forth in Section 2.11(g).
Final Closing Statement has the meaning set forth in Section 2.4(a).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.
Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).
Estimated Closing Cash has the meaning set forth in Section 2.4(a).
Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).
Closing Cash Amount has the meaning set forth in Section 2.2.
Estimated Closing Statement has the meaning set forth in Section 2.4(a).
Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).
Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a).
Closing Net Working Capital means Net Working Capital as of the Adjustment Calculation Time.
Closing Balance Sheet has the meaning set forth in Section 2.4(a).
Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).
Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.
Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.
Closing Statement means the Closing Statement in the form on Annex A attached hereto.
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.
Post-Closing Statement has the meaning set forth in Section 3.3(c).
Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

Final Closing Net Assets Statement definition

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