Common use of Preparation of Estimated Closing Balance Sheet Clause in Contracts

Preparation of Estimated Closing Balance Sheet. At least five (5) days prior to the Closing Date, the Company shall prepare and deliver to Parent an estimated Closing Balance Sheet (the “Estimated Closing Balance Sheet”), which Estimated Closing Balance Sheet shall be prepared in accordance with GAAP and in a manner consistent with the Company’s past practices setting forth its good faith estimate of the calculation of (i) the unpaid Debt as of the Effective Time (the “Estimated Closing Debt”), (ii) the unpaid Transaction Expenses as of the Effective Time (the “Estimated Closing Transaction Expenses”), (iii) the consolidated Cash of the Centerre Companies as of the Effective Time (the “Estimated Closing Cash”) and (iv) the Net Working Capital as of the Effective Time. In connection with the preparation of the Estimated Closing Balance Sheet, the Company shall provide to Parent such information, detail and support as Parent shall reasonably request.