Net Book Value. Within 60 days after the Closing Date, Purchaser shall cause to be prepared and delivered to Seller a balance sheet for the Purchased Entities as of the Closing Date, which shall have been audited at Purchaser's expense by Purchaser's auditor, together with a statement (the "Statement") prepared by Purchaser setting forth (i) the Net Book Value of the Business as of the close of business on the Closing Date, and (ii) the amount, if any, of current Taxes payable allocable to Straddle Period Taxes. After the Closing Date, at Purchaser's reasonable request, Seller shall assist Purchaser and its representatives with respect to the preparation of the Statement as may be reasonably requested.
Appears in 1 contract
Sources: Stock Purchase Agreement (TAL International Group, Inc.)
Net Book Value. Within 60 90 days after the Closing Date, Purchaser shall cause to be prepared and delivered to Seller a balance sheet for the Purchased Entities as of the Closing DateOctober 31, 2004, which shall have been audited at Purchaser's expense by Purchaser's auditor, together with a statement (the "Statement") prepared by Purchaser setting forth (i) the Net Book Value of the Business as of the close of business on the Closing DateOctober 31, 2004, and (ii) the amount, if any, of current Taxes payable allocable to Straddle Period Taxes. After the Closing Date, at Purchaser's reasonable request, Seller shall assist Purchaser and its representatives with respect to the preparation of the Statement as may be reasonably requested.
Appears in 1 contract
Sources: Stock Purchase Agreement (TAL International Group, Inc.)
Net Book Value. Within 60 days after the Closing Date, Purchaser shall cause to be prepared and delivered to Seller a balance sheet for the Purchased Entities as of the Closing DateOctober 31, 2004, which shall have been audited at Purchaser's expense by Purchaser's auditor, together with a statement (the "Statement") prepared by Purchaser setting forth (i) the Net Book Value of the Business as of the close of business on the Closing DateOctober 31, 2004, and (ii) the amount, if any, of current Taxes payable allocable to Straddle Period Taxes. After the Closing Date, at Purchaser's reasonable request, Seller shall assist Purchaser and its representatives with respect to the preparation of the Statement as may be reasonably requested.
Appears in 1 contract
Sources: Stock Purchase Agreement (TAL International Group, Inc.)