Common use of Closing Balance Clause in Contracts

Closing Balance. Sheet The Seller shall have delivered to the Purchaser a true and complete copy of the Closing Balance Sheet together with a certificate dated the Closing Date, signed by the Seller's chief financial officer that the Closing Balance Sheet is in accordance with the Books and Records and with GAAP applied on a consistent basis (except for the absence of notes and subject to normal year-end audit adjustments) and presents fairly the financial position of the Seller as of the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Imagemax Inc)

Closing Balance. Sheet The Seller shall have delivered to the Purchaser and Parent a true and complete copy of the Closing Balance Sheet together with a certificate dated the Closing Date, signed by the Seller's chief financial officer that the Closing Balance Sheet is in accordance with the Books and Records and with GAAP applied on a consistent basis (except for the absence of notes and subject to normal year-end audit adjustments) and presents fairly the financial position of the Seller as of the Closing Date.

Appears in 1 contract

Sources: Asset Purchase Agreement (Imagemax Inc)