Common use of Buyer’s Preparation of the Statement Clause in Contracts

Buyer’s Preparation of the Statement. Within 90 days after the Closing Date, Buyer will prepare and deliver to each of the Stockholder Representative and the Buyer Sponsor a statement (the “Final Purchase Price Calculation Statement”) setting forth, in reasonable detail, Buyer’s calculations (“Buyer’s Proposed Calculations”) of (i) the amount of the Closing Net Working Capital, (ii) Closing Indebtedness, (iii) Company Transaction Expenses, and (iv) the resulting Aggregate Purchase Price based on the foregoing and the other elements set forth in Section 2.1.

Appears in 1 contract

Sources: Business Combination Agreement (Legacy Acquisition Corp.)

Buyer’s Preparation of the Statement. Within 90 days after the Closing Date, Buyer will prepare and deliver to each of the Stockholder Representative and the Buyer Sponsor Sellers Agent a statement (the “Final Purchase Price Calculation Statement”) setting forth, in reasonable detail, Buyer’s calculations (“Buyer’s Proposed Calculations”) of (i) the amount of the Closing Net Working Capital, (ii) Closing Cash, (iii) Closing Indebtedness, (iiiiv) the Final Tax Adjustment, and (v) Company Transaction Expenses, and (ivv) the resulting Aggregate Purchase Price based on Price. Buyer’s Proposed Calculations shall be prepared in accordance with the foregoing and the other elements set forth in Section 2.1Accounting Principles.

Appears in 1 contract

Sources: Stock Purchase Agreement (Winnebago Industries Inc)