BALANCE SHEET UPDATE Sample Clauses

BALANCE SHEET UPDATE. Upon the execution of this Agreement, Seller agrees that it will promptly prepare and provide to Buyer revisions to the Balance Sheet for the period from the Balance Sheet Date through May 31, 1997. Failure of Buyer to raise any objection thereto prior to 5:00 p.m., Boston time on the tenth business day after receipt thereof shall constitute Buyer's agreement that, from the period commencing on the Balance Sheet Date and ending upon the date of execution of this Agreement, there has not occurred, and Seller has not incurred or suffered, any event, circumstance or fact that could result in a Material Adverse Effect.