Common use of Preparation of Closing Balance Sheet Clause in Contracts

Preparation of Closing Balance Sheet. As promptly as practicable after the Closing Date, Buyer will cause the Closing Balance Sheet to be prepared and will prepare a certificate based on such Closing Balance Sheet setting forth the calculation of the Closing Working Capital Amount and the Closing Cash Amount (the "Closing Certificate"). As promptly as practicable, but no later than 60 days, after the Closing Date, Buyer will cause the Closing Balance Sheet, together with the Closing Certificate, to be delivered to Sellers' Representative.

Appears in 1 contract

Sources: Share Purchase Agreement (Vse Corp)

Preparation of Closing Balance Sheet. As promptly as practicable after the Closing Date, Buyer will cause the Closing Balance Sheet to be prepared and will prepare a certificate (the "Buyer Certificate") based on such Closing Balance Sheet setting forth the its calculation of the Closing Working Capital Amount and the Closing Cash Amount (the "Closing Certificate")Net Assets. As promptly as practicable, but no later than 60 90 days, after the Closing Date, Buyer will cause the Closing Balance Sheet, together with the Closing Buyer Certificate, to be delivered to Sellers' RepresentativeSeller.

Appears in 1 contract

Sources: Asset Purchase Agreement (Conversion Services International Inc)

Preparation of Closing Balance Sheet. As promptly as practicable after the Closing Date, Buyer will cause the Closing Balance Sheet to be prepared and will prepare a certificate based on such Closing Balance Sheet setting forth the calculation of the Closing Working Capital Amount and the Closing Cash Amount but in any event within thirty (the "Closing Certificate"). As promptly as practicable, but no later than 60 days, 30) days after the Closing Date, Buyer will shall cause the Company to prepare and deliver to Seller a closing balance sheet prepared in accordance with GAAP, consistently applied (the “Closing Balance Sheet, together with ”) which shall contain a calculation of Working Capital at Closing (the Closing Certificate, to be delivered to Sellers' RepresentativeWorking Capital”) and will deliver a certificate setting forth its calculation of Closing Working Capital.

Appears in 1 contract

Sources: Purchase Agreement (Nyfix Inc)