Common use of Accounting Close Clause in Contracts

Accounting Close. a. Notwithstanding the occurrence of the Closing on a different day, solely for financial reporting purposes, the Closing shall be deemed to have occurred at 11:59 p.m. Prevailing Central Time on November 30, 2013 (the “Accounting Effective Time”). b. This Section 1 of this Letter Agreement relates only to the effective date and time of the Closing for financial reporting purposes and, except as otherwise specifically stated herein, will not affect the determination of the Closing or the Closing Date for any other purposes, or in any way amend, modify or waive any provision in the Transaction Agreement.