Common use of Closing Balance Sheets Clause in Contracts

Closing Balance Sheets. Sellers shall provide to Purchaser a consolidated balance sheet for the Companies as of April 30, 2010 showing removal of the Excluded Assets, an estimated balance sheet of the Companies as of Closing Date and a balance sheet of ▇▇▇▇▇ Reserves,LP as of the Closing Date, which balance sheet shall show equity of at least $100,000,000.00.

Appears in 2 contracts

Sources: Purchase Agreement, Purchase Agreement (Linn Energy, LLC)