Common use of Preparation of Closing Balance Sheet Clause in Contracts

Preparation of Closing Balance Sheet. Not later than 60 days following the Effective Date (as hereinafter defined), Shareholder shall prepare and deliver to Synagro for its review in accordance with this section a balance sheet (the "Closing Balance Sheet") of A&J prepared as of the Effective Date and prepared in accordance with generally accepted accounting principles ("GAAP") in a manner consistent with the financial statements described in Section 2.1.6 hereof. All of the parties hereto shall cooperate fully with each other in the preparation of the Closing Balance Sheet, and Synagro shall have access at all reasonable times to review workpapers, books and records relating to the preparation of the Closing Balance Sheet.

Preparation of Closing Balance Sheet. Not later than 60 days following the Effective Date (as hereinafter defined), Shareholder Stockholders shall prepare and deliver to Synagro for its review in accordance with this section a balance sheet (the "Closing Balance Sheet") of A&J Southeast prepared as of the Effective Date and prepared in accordance with generally accepted accounting principles ("GAAP") in a manner consistent with the financial statements described in Section 2.1.6 hereof. All of the parties hereto shall cooperate fully with each other in the preparation of the Closing Balance Sheet, and Synagro shall have access at all reasonable times to review workpapers, books and records relating to the preparation of the Closing Balance Sheet.