Draft Completion Accounts definition

Draft Completion Accounts has the meaning given in Paragraph 1.1 of Part A of Schedule 8 (Completion Accounts);

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Draft Completion Accounts means a statement of assets and liabilities for the Company as at the Effective Time, in the form and with the line items set out in Part B of Schedule 4 (Completion Accounts) and which has been prepared in accordance with Part A of Schedule 4 (Preparation of Completion Accounts);

Draft Completion Accounts has the meaning given to that term in Part 1 of Schedule 6;

Examples of Draft Completion Accounts in a sentence

The Buyer shall procure that Draft Completion Accounts are prepared in accordance with the provisions of this Part A of Schedule 4 and on the basis of the Accounting Policies.
Each party shall be responsible for its own costs in respect of the negotiation and agreement of the Draft Completion Accounts and the Completion Accounts.
If the matter in dispute is resolved by agreement between the parties, the Buyer (or the Buyer’s Accountants, on behalf of the Buyer) and the Institutional Sellers’ Representative and the Sellers’ Representative shall certify the Draft Completion Accounts (subject to any amendment agreed between the parties) as being the Completion Accounts and they shall become final and binding on the parties for the purpose of this agreement.
If Rosneft does not serve the Dispute Notice under Paragraph 3.1 above, the Draft Completion Accounts shall constitute the Completion Accounts.
If the matter in dispute is resolved by agreement between the parties, the Buyer’s Accountants and the Sellers’ Accountants shall certify the Draft Completion Accounts (subject to any amendment agreed between the parties) as being the Completion Accounts and they shall become final and binding on the parties for the purpose of this agreement.

More Definitions of Draft Completion Accounts

Draft Completion Accounts means the draft Completion Accounts prepared by the Buyer in accordance with paragraph 2.1 of this Schedule 6;

Draft Completion Accounts has the meaning given in Paragraph 4.1;

Draft Completion Accounts has the meaning given in Clause 7.1(a);

Draft Completion Accounts means the draft of the Completion Accounts prepared in accordance with Clause 6.1(a);

Draft Completion Accounts a draft of the Completion Accounts prepared in accordance with the requirements of this Schedule. Expert: a person appointed in accordance with paragraph 3 of Part 1 of this Schedule to resolve any dispute arising in the preparation of the Completion Accounts.

Draft Completion Accounts a draft of the Completion Accounts prepared in accordance with the requirements of Schedule 7 (Completion Accounts);

Draft Completion Accounts shall have the meaning given in Schedule 6 (Completion Accounts), Part 1 (Preparation of the Completion Accounts), paragraph 1.

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