Examples of Preliminary Closing Date Balance Sheet in a sentence
All adjustments proposed by Purchaser shall be set out in a written statement delivered to Seller (the “Adjustment Statement”) and shall be incorporated into the Preliminary Closing Date Balance Sheet, except for such proposed adjustments to which Seller objects within 15 days of delivery thereof to Seller.
The Preliminary Closing Date Balance Sheet shall be prepared in accordance with GAAP and in a manner that is consistent with the historical accounting practices of Seller to the extent consistent with GAAP.(b) Purchaser shall have 30 days after delivery of the Preliminary Closing Date Balance Sheet by Seller to review the same, and to propose any adjustments thereto.
Aveta was responsible for preparing a Preliminary Closing Date Balance Sheet “in good faith.”69 The opposing party then had twenty days to object, and, if it did, the parties were to try to work out the objections.
Seller will prepare the Preliminary Closing Date Balance Sheet in accordance with GAAP applied on a basis consistent with the preparation of the Company’s Financial Statements and the procedures and methodologies set forth in Schedule 3(c) to this Agreement.
If Buyer and Sellers are unable to resolve the disputed matters within such 20-day period, they shall jointly select and engage Pricewaterhouse Coopers LLP as a third firm of independent accountants (the "Third Accountants") to resolve the disputes and to make any adjustments to the Preliminary Closing Date Balance Sheet.