Examples of Seller Closing Statement in a sentence
Purchaser shall have the right to object to the amounts contained in the Estimated Seller Closing Statement within two Business Days after the delivery of the Estimated Seller Closing Statement to Purchaser.
Seller shall in good faith consider the objections, if any, of Purchaser to the Estimated Seller Closing Statement and, if Purchaser has made any objections, will re-issue an Estimated Seller Closing Statement containing the Estimated Closing Discharged Indebtedness no later than two Business Days prior to the Closing Date with any such revisions that Seller has determined in good faith are appropriate.
The Estimated Seller Closing Statement shall be prepared in good faith and in accordance with the accounting principles, practices and methodologies used in the Financial Statements (the “Applicable Accounting Principles”) and using the line items set forth on Schedule 2.3(a)(I) and (II) of the Seller Disclosure Letter.
Escrow Agent shall prepare the Buyer Closing Statement and the Seller Closing Statement of the prorations and adjustments required by this Agreement and submit the same to Buyer and Sellers, respectively, for review and approval at least four (4) Business Days prior to the Closing Date.
A closing settlement statement executed by Seller ("Closing Statement").
The preparation of the Seller Closing Statement shall be for the sole purpose of determining changes in Proton’s Net Working Capital from March 31, 2008 (the “Reference Date”) to the Closing Date.
On or prior to the Closing Date, Purchaser shall execute the Purchaser Closing Statement and Seller shall execute the Seller Closing Statement, each of which shall be generated by Escrow Agent.
If the Purchaser and the Seller are unable to reach agreement within ten (10) days following the delivery of the Seller’s Adjustment Notice to the Purchaser, the Purchaser and the Seller shall promptly submit the Seller Closing Statement, the Purchaser Closing Statement and the Seller’s Adjustment Notice to a mutually agreed upon independent public accounting firm (the “Accountants”) for final determination of such disputed amounts.
The Seller Closing Statement, and the components thereof, shall be prepared in accordance with the Accounting Principles and the terms of this Agreement.
Seller shall provide (or cause its Representatives to provide) Purchaser and its Representatives with reasonable access to all books, records and working papers of Seller and the Acquired Companies relevant to the Seller Closing Statement as Purchaser or any of its Representatives may reasonably request.