Common use of Final Working Capital Statement Clause in Contracts

Final Working Capital Statement. Not later than sixty (60) days after the expiration date or effective date of any such termination, as the case may be (in any such case, the "Termination Date"), Representative shall prepare a statement in accordance with those principles, practices and captions utilized in preparing the Opening Working Capital Statement (as defined in the Existing Representation Agreement) which shall set forth the Working Capital of the Networks as of the close of business on the Termination Date (the "Final Working Capital Statement"), and shall deliver the Final Working Capital Statement to Owner.

Appears in 1 contract

Sources: Representation Agreement (Westwood One Inc /De/)

Final Working Capital Statement. Not later than sixty ------------------------------- (60) days after the expiration date or effective date of any such termination, as the case may be (in any such case, the "Termination Date"), Representative shall prepare a statement in accordance with those principles, practices and captions utilized in preparing the Opening Working Capital Statement (as defined in the Existing Representation Agreement) which shall set forth the Working Capital of the Networks as of the close of business on the Termination Date (the "Final Working Capital Statement"), and shall deliver the Final Working Capital Statement to Owner.

Appears in 1 contract

Sources: Representation Agreement (Westwood One Inc /De/)