Examples of Closing Date Statement in a sentence
Information contained in such Closing Date Statement shall thereafter be public information.
Within 30 days of receipt of the Draft Closing Date Statement, the Vendors’ Representative may notify the Purchaser in writing of any objections it may have to the Draft Closing Date Statement and the Working Capital and/or Net Debt set forth therein (an “Objection Notice”), which Objection Notice will set forth the amount in dispute and a description of the nature and basis for each of the disagreements.
Vendors and Purchaser will each bear the fees and expenses of their respective auditors and other professional advisors in preparing, reviewing or settling, as the case may be, the Draft Closing Date Statement.
Purchaser may review the Preliminary Closing Date Statement and make any comments that it deems appropriate, and the Corporation shall consider in good faith such reasonable changes to the Preliminary Closing Date Statement as may be requested by the Purchaser.
If an Objection Notice is not so delivered to the Purchaser, the Draft Closing Date Statement shall become the “Closing Date Statement” for the purposes hereof and the Working Capital and the Net Debt set forth in the Draft Closing Date Statement will be conclusive and binding on the Parties.