SPAC Closing Statement definition

Examples of SPAC Closing Statement in a sentence

• The SPAC Closing Statement and each component thereof shall be prepared and calculated in accordance with the definitions contained in this Agreement.

• Prior to the Closing, the Company shall have an opportunity to review the SPAC Closing Statement and discuss such statement with the persons responsible for its preparation, and SPAC shall reasonably cooperate with the Company in good faith to timely respond to any questions and consider in good faith any comments regarding the SPAC Closing Statement.

• If, after the delivery of the SPAC Closing Statement and prior to the Closing Date, SPAC becomes aware of any changes in the amount of the SPAC Transaction Expenses, SPAC shall provide an updated SPAC Closing Statement with such updated numbers and such updated SPAC Closing Statement shall be subject to the terms and conditions of this Section 2.02(e).

• SPAC shall revise such SPAC Closing Statement to incorporate any changes that are necessary or appropriate given such comments.

• Any deferral, extension or failure to pay any of the Liabilities of any Seller as and when the same become due or any allowance of the level of the Liabilities of any Seller to increase in any material respect or any prepayment of any of the Liabilities of any Seller.

• The SPAC shall revise such SPAC Closing Statement to incorporate any changes that are necessary or appropriate given such comments.

• Any evidence to the contrary of the observations contained in this report is excluded.

• Prior to the Closing Date, the Company and SPAC shall consider in good faith any reasonable comments of the other to the SPAC Closing Statement or Company Closing Statement provided in writing during the 72-hour period following the delivery thereof.

• If the Company in good faith disagrees with any portion of the SPAC Closing Statement, then the Company may deliver a notice of such disagreement to SPAC until the second (2nd) Business Day prior to the Closing Date (the “Company Pre-Closing Notice of Disagreement”).