Reconciliation of Accounts. As soon as practicable after the date of this Agreement, the Company shall reconcile to the general ledger of the Company as of December 31, 1996 (i) all cash accounts on the books and records of the Company or its Subsidiaries, (ii) any accounts on the books and records of the Company or any of its Subsidiaries having a balance in excess of $2,000,000 and (iii) any other accounts on the books and records of the Company representing suspense or any other items.
Appears in 2 contracts
Sources: Merger Agreement (Oxford Resources Corp), Merger Agreement (Barnett Banks Inc)