Post-Closing Statement definition
Examples of Post-Closing Statement in a sentence
If ▇▇▇▇▇ does not deliver the Post-Closing Statement within one hundred twenty (120) days after the Closing Date, then the Pre-Closing Statement and the Estimated Purchase Price shall be deemed to be the Post-Closing Statement and the Final Purchase Price, respectively.
The Buyer shall not change its position or introduce new positions from those taken or presented in the Post-Closing Statement.
During the Dispute Period, Buyer shall make available or cause to be made available to the Sellers and their respective accountants (during regular business hours and upon reasonable prior notice), at the Sellers’ sole cost and expense, (y) the books and records relating to the Post-Closing Statement and (z) Buyer’s accounting personnel and advisors, in each case, as reasonably requested by the Sellers.
If the Post-Closing Statement is prepared by the Seller rather than the Buyer pursuant to the final sentence of Section 2.5(a), the Buyer shall replace the Seller and the Seller shall replace the Buyer in this Section 2.5(b).
If the Buyer fails to deliver the Post-Closing Statement within 120 days of the Closing, then the Seller shall have the sole and exclusive right to either: (x) prepare the Post-Closing Statement; or (y) deliver the Buyer a written notice that it does not propose any further adjustments to the Estimated Purchase Price (in which case there shall be no post-Closing adjustments to the Estimated Purchase Price under this Agreement).