Examples of Revised Closing Statement in a sentence
Mr. Preece said they are having to prove that there is a business that is not allowed in the zone.
As explained above, the Court, and not the neutral auditor, should decide (1) the Bonus and Retention Payment issue under § 6.1, (2) the cash issue under § 5.4(b), and (3) the Revised Closing Statement issue under § 2.5(a).
If Sonoco US does not object to the Revised Closing Statement within thirty (30) days after receipt thereof, or Sonoco US accepts such statement in writing during such thirty (30) day period, the Revised Closing Statement prepared by Buyer shall become final and binding upon the Parties on the thirty-first (31st) day following receipt thereof by Sonoco US and payment will be made in accordance with Section 2.7(b).
Seller shall provide to Buyer such additional data and information as Buyer may reasonably request and deem sufficient to verify the amounts reflected on the Revised Closing Statement (and reasonable access to Seller’s personnel, including internal accountants) and to permit Buyer to perform or cause to be performed an audit of the Revised Closing Statement, any such audit to be at Buyer’s expense.
All items in the Revised Closing Statement to which Sonoco US does not object in the Notice of Objection shall unconditionally and irrevocably be deemed to have been accepted by Sonoco US.
The Revised Closing Statement shall become final and binding upon the parties on the thirtieth (30th) day following receipt thereof by the Seller Parties, unless the Seller Parties give written notice of their disagreement with the Revised Closing Statement (a “Notice of Disagreement”) to the Purchaser prior to such date.
The Revised Closing Statement shall be prepared based on the books and records of the Business.
The Revised Closing Statement prepared by the Buyer shall become final and binding (the “Agreed Closing Statement”) upon the parties hereto on the thirty-first day following receipt thereof by the Seller, unless the Seller gives written notice to the Buyer of its objection to the Revised Closing Statement (a “Notice of Objection”) prior to such thirty-first day.
As used in this Agreement, the term “Final Closing Statement” shall mean either (i) the Revised Closing Statement described in Section 3.8(a), as prepared by Seller and as may be subsequently adjusted to reflect any subsequent written agreement among the Parties with respect thereto or (ii) if submitted to the Accounting Referee and not withdrawn by the Parties, the Referee’s Closing Statement as defined in Section 3.8(b).
During such period, the Buyer and the Seller shall each have access to the other party’s working papers, financial records, trial balances and similar materials prepared (by such other party or Persons retained by it) in connection with the other party’s preparation of the Revised Closing Statement or the Notice of Objection, as the case may be.