Examples of Preliminary Balance Sheet in a sentence
In an effort to permit the parties to resolve any exceptions on a mutually satisfactory basis, each party and its accountants shall be entitled to a reasonable opportunity to review the relevant work papers and other supporting documentation used by the other party and its accountants in the creation and calculation of the other party's determinations with respect to the Preliminary Balance Sheet.
Within forty-five (45) days after its receipt of the Preliminary Balance Sheet, Landec shall notify Shareholder in writing of any exceptions it may have thereto with respect to the methods and procedures of valuation thereof or any other matter relating to the Preliminary Balance Sheet, and its reasons therefor.
In the event of any such exceptions are made, Landec and Shareholder shall negotiate in good faith to resolve such exceptions during the period commencing on the date of Shareholder's delivery of the Preliminary Balance Sheet to Landec and ending on the date which is 90 days thereafter (said period, the "Review Period").
If Landec files no such exceptions, the Preliminary Balance Sheet shall be the "Balance Sheet" for purposes of this Agreement.
Within forty-five (45) days after the Closing Date Shareholder shall deliver to Landec a balance sheet of Dock, reflecting the assets and liabilities of Dock as of the close of operations on the Closing Date (the "Preliminary Balance Sheet").