Common use of Completion Balance Sheet Clause in Contracts

Completion Balance Sheet. The Vendor must as soon as reasonably possible after the Completion Date (and, in any event, within 42 Business Days after that date) prepare a special purpose proforma balance sheet relating to Inventory, trade debtors, Trade Creditors and Employee provisions (the Completion Balance Sheet Items) as at the Completion Date (Completion Balance Sheet):

Completion Balance Sheet. The Vendor must as soon as reasonably possible after the Completion Date (and, in any event, within 42 Business Days after that date) prepare a special purpose proforma pro forma balance sheet relating to Inventory, trade debtors, Trade Creditors and Employee provisions (the Completion Balance Sheet Items) as at the Completion Date (Completion Balance Sheet): (a) in the format of the Pro forma Completion Balance Sheet set out in Schedule 4; and (b) in accordance with the Accounting Principles as previously applied. Business Sale Agreement