Common use of Preparation of Closing Statement Clause in Contracts

Preparation of Closing Statement. As promptly as possible and in any event within sixty (60) Business Days after the Closing Date, Buyer shall prepare or cause to be prepared, and shall provide to the Member Representative a written statement setting forth in reasonable detail its determination of Closing Cash, Closing Indebtedness and the Closing Working Capital (the “Closing Statement”). The Closing Working Capital shall be prepared (i) in the form and manner, and on a basis consistent with the calculation of Target Working Capital and (ii) in accordance with GAAP consistently applied.

Preparation of Closing Statement. As promptly as possible and in any event within sixty Within ninety (6090) Business Days days after the Closing Date, Buyer shall prepare prepare, or cause to be prepared, and shall provide deliver to the Member Representative Seller a written statement setting forth in reasonable detail its determination of Closing Cash, Closing Indebtedness and the Closing Working Capital (the “Closing Statement”). The Closing Working Capital ) that shall be include a balance sheet of Seller as of the Effective Time prepared in accordance with the Accounting Principles and a good-faith calculation of the following and a statement of the Net Adjustment Amount: (i) in the form and manner, and on a basis consistent with the calculation of Target Working Capital and Closing Transaction Expenses; (ii) in accordance with GAAP consistently applied.the Closing Indebtedness; (iii) the Closing Cash on Hand; (iv) the Closing Working Capital

Preparation of Closing Statement. As promptly as possible and in any event within practicable, but no later than sixty (60) Business Days days after the Closing Date, Buyer shall prepare or cause and deliver to be prepared, and shall provide to the Member Representative Seller a written statement setting forth in reasonable detail its determination calculation of (i) Closing Working Capital, (ii) Closing Cash, Closing Indebtedness and the Closing Working Capital (the “Closing Statement”). The Closing Working Capital shall be prepared (i) in the form and manner, and on a basis consistent with the calculation of Target Working Capital and (ii) in accordance with GAAP consistently applied.and

Preparation of Closing Statement. As promptly as possible and in any event within practicable, but no later than sixty (60) Business Days days after the Closing Date, Buyer shall prepare or cause and deliver to be prepared, and shall provide to the Member Representative Seller a written statement setting forth in reasonable detail its determination calculation of (i) Closing Working Capital, (ii) Closing Cash, and (iii) Closing Indebtedness and the Closing Working Capital Debt (such statement, the “Closing Statement”). The Closing Working Capital shall be prepared (i) in the form and manner, and on a basis consistent with the calculation of Target Working Capital and (ii) in accordance with GAAP consistently applied.

Preparation of Closing Statement. As promptly as possible and possible, but in any event within sixty (60) Business Days days after the Closing Date, Buyer shall prepare or cause will deliver to be prepared, and shall provide to the Member Representative a written statement setting forth in reasonable detail Sellers its determination calculation of Closing Cash, Closing Indebtedness and the Closing Operating Working Capital (the “Closing Statement”). The Closing Working Capital Statement shall be accompanied by reasonable supporting documentation and shall be prepared (i) in the form and manner, and on a basis manner consistent with the calculation of Target Example Working Capital Calculation and (ii) in accordance with GAAP consistently appliedthe line items, adjustments, accounting principles and practices referred to therein.