Objection to Closing Statement Sample Clauses

Objection to Closing Statement. (a) Delivery of Objection Notice. In the event that the Seller or Purchaser (the "Objecting Party") objects in good faith to any significant aspect of the Closing Date Financial Statement, the Objecting Party shall so advise the other party (the "Recipient") by delivery to the Recipient of a written notice (the "Objection Notice") within 30 days after the delivery to the Object- ing Party of the Closing Date Financial Statement. The Objection Notice shall set out the reasons details of the calculation of such amount.

Objection to Closing Statement. Seller shall have a period of thirty (30) days to review the Closing Statement (the “Closing Review Period”). During such Closing Review Period, the Purchaser shall provide the Seller and its representatives with prompt access to such books, records, materials, information and personnel as the Seller may reasonably request to confirm the accuracy of the Closing Statement. If the Seller disputes the calculation of Closing Statement, the parties shall handle that dispute pursuant to the process set forth in Section 1.3(d)(iv); provided, however, that all references to “Gross Profits” and “Earn-Out Amounts” shall instead refer to the “Final Working Capital” and all references to an “Earn-Out Statement” shall instead refer to the “Closing Statement.”

Objection to Closing Statement