Working Capital Determination. Within thirty (30) days after the Closing, Buyer and Seller shall jointly prepare a calculation of the Working Capital Surplus, if any, and Working Capital Deficit, if any, in each case as of the Closing (the “Closing Statement”). The Closing Statement, and the components thereof, will be determined using generally accepted accounting methods as historically applied by Seller.
Appears in 2 contracts
Sources: Asset Purchase Agreement (Solar3d, Inc.), Asset Purchase Agreement (Solar3d, Inc.)