Delivery of Initial Closing Statement Sample Clauses
Delivery of Initial Closing Statement. Not later than five (5) Business Days prior to the Closing Date, Sellers shall prepare and deliver to Purchasers a statement setting forth: (i) the Target Net Working Capital, including a copy of the Initial Closing Date Balance Sheet; (ii) the Target Cash; (iii) the Target Indebtedness; (iv) the Target Transaction Expenses; and (v) the amount of the Closing Purchase Price (such statement, the “Initial Closing Statement”). Each item on the Initial Closing Statement will also contain wire instructions for all of the foregoing payments (or instructions to pay certain amounts by check). The Initial Closing Statement shall be prepared in accordance with the Accounting Principles.
