Common use of Post-Closing Statement Clause in Contracts

Post-Closing Statement. Within ninety (90) days following the Closing, Parent shall prepare and deliver, or cause to be prepared and delivered, to the Representative a statement (the “Post-Closing Statement”), setting forth Parent’s good faith calculation of Net Working Capital, Closing Indebtedness, Third Party Expenses, Closing Cash, and Aggregate Exercise Price, together with a calculation of the Total Cash Consideration based on the foregoing amounts.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Zovio Inc)

Post-Closing Statement. Within ninety (90) days following the Closing, Parent shall prepare and deliver, or cause to be prepared and delivered, to the Shareholder Representative a statement (the “Post-Closing Statement”), setting forth Parent’s good faith calculation of Net Working Capital, Closing Indebtedness, Third Party Expenses, Closing Cash, and Aggregate Exercise Price, together with a calculation of the Total Cash Consideration based on the foregoing amounts.

Appears in 1 contract

Sources: Agreement and Plan of Reorganization (Zovio Inc)