Common use of Closing Cash Statement Clause in Contracts

Closing Cash Statement. Parent shall prepare and deliver to the Company, at least one (1) Business Day prior to the Closing, a statement (the "Closing Cash Statement"), reasonably acceptable to Parent, which states the amount of cash and cash equivalents (within the meanings of such terms under GAAP) of the Company as of that date, which shall not be less than One Million One Hundred Thousand (US$ 1,100,000) United States Dollars.

Closing Cash Statement. Parent The Company shall prepare and deliver to the CompanyParent, at least one (1) Business Day prior to the Closing, a statement (the "“Closing Cash Statement"”), reasonably acceptable to Parent, which states the amount of cash and cash equivalents (within the meanings of such terms under GAAP) of the Company as of that date, which shall not be less than One Million One Hundred Thousand (US$ 1,100,000) United States Dollars.