Common use of Pre-Closing Adjustment Clause in Contracts

Pre-Closing Adjustment. (a) No later than three Business Days prior to the Closing Date, the Seller will prepare and deliver to the Purchaser a good faith estimate of Closing Net Working Capital (the “Estimated Closing Net Working Capital”) which is reasonably acceptable to the Purchaser, together with supporting workpapers for such estimate and other additional information reasonably requested by the Purchaser.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Exopack Holding Corp), Asset Purchase Agreement (Exopack Holding Corp)