Common use of Initial Statement Clause in Contracts

Initial Statement. A statement setting forth the Company’s calculations of, and methods and principles of calculating, the Net Working Capital as of the date of the Company Balance Sheet is set forth in Exhibit B (the “Initial Statement”).

Initial Statement. A statement setting forth the Company’s 's calculations of, and methods and principles of calculating, the Net Working Capital as of the date of the Company Balance Sheet is set forth in Exhibit B (the “Initial Statement”).