Common use of Post-Closing Statement Clause in Contracts

Post-Closing Statement. Within ninety (90) calendar days after the Closing Date, the Purchaser shall prepare and deliver to the Seller a statement (the “Post-Closing Statement”) setting forth its calculation of the Working Capital as of the close of business on the Closing Date (the “Final Working Capital”). The Post-Closing Statement shall be prepared in accordance with the requirements of this Section 2.6.

Appears in 1 contract

Sources: Asset Purchase Agreement (Digirad Corp)

Post-Closing Statement. Within ninety As promptly as reasonably possible and in any event within sixty (9060) calendar days after the Closing Date, the Purchaser shall will prepare or cause to be prepared, and deliver will provide to the Seller Seller, a written statement (the “Post-Closing Statement”) setting forth in reasonable detail its calculation determination of the Working Capital as of as of 11:59 p.m. Eastern Time on the close of business on day immediately preceding the Closing Date (the “Final Working CapitalCapital Statement”). The Post-Working Capital Statement shall set forth the calculations of such amounts in a manner consistent with the Closing Statement and shall be prepared in accordance with the requirements of this Section 2.6Accounting Principles.

Appears in 1 contract

Sources: Asset Purchase Agreement (Gentex Corp)