Common use of Objection to Closing Statement Clause in Contracts

Objection to Closing Statement. (a) DELIVERY OF OBJECTION NOTICE - In the event that the Purchaser objects in good faith to any aspect of the Closing Statement, the Purchaser shall so advise the Vendor by delivery to the Vendor of a written notice (the "OBJECTION NOTICE") within fifteen (15) days after the delivery to the Purchaser of the Closing

Appears in 1 contract

Sources: Share Purchase Agreement (Canwest Media Inc)

Objection to Closing Statement. (a) DELIVERY OF OBJECTION NOTICE - In the event that the Purchaser Vendor objects in good faith to any aspect of the Closing Statement, the Purchaser Vendor shall so advise the Vendor Purchaser by delivery to the Vendor Purchaser of a written notice (the "OBJECTION NOTICEObjection Notice") within fifteen (15) 10 days after the delivery to the Purchaser Vendor of the ClosingClosing Statement. The Objection Notice shall set out the reasons for the Vendor's objection, as well as the amount under dispute and reasonable details of the calculation of such amount.

Appears in 1 contract

Sources: Share Purchase Agreement (Canwest Media Inc)