Common use of Deemed Acceptance Clause in Contracts

Deemed Acceptance. If the Purchaser does not give a notice of objection in accordance with Section 2.5, the Purchaser shall be deemed to have accepted the draft Closing Date Balance Sheet and draft calculation of the Closing Date Excess Capital prepared by the Vendor which shall be final and binding on the Parties and the draft calculation of Closing Date Excess Capital shall constitute the Closing Date Excess Capital for purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.

Deemed Acceptance. If the Purchaser does not give a notice of objection in accordance with Section 2.5, the Purchaser shall be deemed to have accepted the draft Closing Date Balance Sheet and draft calculation of the Closing Date Excess Working Capital prepared by the Vendor Vendors which shall be final and binding on the Parties and the draft calculation of Closing Date Excess Working Capital shall constitute the Closing Date Excess Working Capital for purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.

Deemed Acceptance. If the Purchaser does not give a notice of objection in accordance with Section 2.52.6, the Purchaser shall be deemed to have accepted the draft Closing Date Balance Sheet and draft calculation of the Closing Date Excess Capital Statements prepared by the Vendor which shall be final and binding on the Parties and the such draft calculation of Closing Date Excess Capital Statements shall constitute the Closing Date Excess Capital Statements for purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.

Deemed Acceptance. If the Purchaser does not give a notice of objection in accordance with Section 2.52.6, the Purchaser shall be deemed to have accepted the draft Closing Date Balance Sheet and draft calculation of the Closing Date Excess Capital Calculation Certificate prepared by the Vendor Seller, which shall be final and binding on the Parties and the draft calculation of the Closing Date Excess Capital Adjustment shall constitute the final Closing Date Excess Capital Adjustment for the purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.

Deemed Acceptance. If the Purchaser does not give a notice of objection in accordance with Section 2.5, the Purchaser shall be deemed to have accepted the draft Closing Date Balance Sheet and draft calculation of the Closing Date Excess Capital Statement prepared by the Vendor which shall be final and binding on the Parties and the draft calculation of Closing Date Excess Capital Statement shall constitute the Closing Date Excess Capital Statement for purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.

Deemed Acceptance. If the Purchaser Vendor does not give a notice of objection in accordance with Section 2.51.10, the Purchaser Vendor shall be deemed to have accepted the draft Closing Date Balance Sheet Statements and draft calculation of the Estimated Closing Date Excess Capital Amounts prepared by the Vendor Purchaser which shall be final and binding on the Parties and the draft calculation of Closing Date Excess Capital Statements shall constitute the Closing Date Excess Capital Statements for purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.

Deemed Acceptance. (i) If the Purchaser Vendor does not give a notice of objection in accordance with Section 2.5, the Purchaser Vendor shall be deemed to have accepted the draft of the Closing Date Balance Sheet and draft calculation of the Closing Date Excess Working Capital prepared by the Vendor Purchaser which shall be final and binding on the Parties parties and the draft calculation of Closing Date Excess Working Capital shall constitute the Closing Date Excess Working Capital for purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.

Deemed Acceptance. If the Purchaser does not give a notice of objection in accordance with Section 2.5, the Purchaser shall be deemed to have accepted the draft Closing Date Balance Sheet and draft calculation of the Closing Date Excess Working Capital prepared by the Vendor which shall be final and binding on the Parties and the draft calculation of Closing Date Excess Working Capital shall constitute the Closing Date Excess Working Capital for purposes of this Agreement immediately following the expiry date for the giving of such notice of objection.