Closing Statement Objection definition

Closing Statement Objection shall have the meaning set forth in Section 2.3(b).
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Closing Statement Objection. Section 2.3(c) hereof.
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Closing Statement Objection has the meaning set forth in Section 2.11(c).
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Examples of Closing Statement Objection in a sentence

  • Any such Closing Statement Objection Notice shall specify in reasonable detail those items and amounts as to which the Company disagrees.

  • After the end of such 30-day period other than as set forth in Section 1.4(c) below, neither Buyer nor the Company may introduce additional disagreements with respect to any item in the Closing Statement or increase the amount of any disagreement, and any item not so identified on the Closing Statement Objection Notice shall be deemed to be agreed to by the Parties.

  • If, during such period, the Company and Buyer are unable to reach such agreement, they shall promptly thereafter cause the Auditor to promptly review this Agreement for the purpose of calculating the value of those items or amounts disputed by the Company in the Closing Statement Objection Notice which remain in dispute.

  • In making such calculations, the Auditor (i) shall consider only those items or amounts disputed by the Company in the Closing Statement Objection Notice which remain in dispute, and (ii) shall make whatever determination of each disputed items or amounts that it deems to be the most consistent with the terms of this Agreement.

  • The Buyer will have 30 days from the date on which it receives the Closing Statement Objection to review and respond to such Closing Statement Objection (the “Buyer Response”).

  • If the Seller delivers a written notice to the Purchaser in response to a Closing Statement Objection pursuant to Section 2.3(d), then the Seller and the Purchaser shall promptly meet and attempt in good faith to resolve only those items which have been raised in the Closing Statement Objection and where Purchaser and Seller have yet to agree (the “Closing Statement Dispute”).

  • If Buyer delivers a written notice to Parent in response to a Closing Statement Objection pursuant to Section 2.3(d), then Parent and Buyer shall promptly meet and attempt in good faith to resolve any dispute or disagreement relating to the Preliminary Closing Statement and the calculation of Net Working Capital as of the Closing Date (the “Balance Sheet Dispute”).

  • If Buyer does not deliver any such written notice to Seller within such 30-day period, then Buyer shall be deemed to have accepted the Closing Statement Objection.

  • If the Buyer delivers a written notice to Parent in response to a Closing Statement Objection pursuant to Section 2.4.4, then the Buyer and Parent shall promptly meet (in person, by telephone or otherwise) and attempt in good faith to resolve any dispute or disagreement relating to the Buyer Closing Statement and the calculation of Net Working Capital and Accounts Receivable as of the Effective Time (the “Closing Statement Dispute”).

  • If the Vendors shall have delivered the Closing Statement Objection Notice within the 10-day period referred to in Section 2.4(3) above, then the Vendors’ Representative and the Purchaser shall, during the thirty (30) day period following such delivery, use their good faith efforts to reach agreement on the disputed items or amounts.


More Definitions of Closing Statement Objection

Closing Statement Objection has the meaning ascribed thereto in Section 2.04(2); "Closing Time" means at or prior to 5:00 p.m. (Pacific Standard time) on the Closing Date;‌
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Related to Closing Statement Objection

  • Closing Statement means the Closing Statement in the form on Annex A attached hereto.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • Objections Statement has the meaning set forth in Section 1.02(d).