Auditor Consent definition
Examples of Auditor Consent in a sentence
Parent shall have obtained and delivered to Holdings and its Subsidiaries a copy of the Auditor Consent Letter and related "cold comfort" letter for the financing arrangements contemplated by the Debt Commitment Letter, each of which shall be in form and substance reasonably satisfactory to Holdings, its Subsidiaries and the underwriters for the debt financing contemplated by the Debt Commitment Letters.
The Auditor Consent shall be in writing, in a form reasonably acceptable to Purchaser and Purchaser’s independent certified public accountants, and shall be delivered at any time after the date of this Agreement, but in any event not later than sixty (60) days after the Closing Date.
The Company shall have delivered to Acquiror the Needed Auditor Consent in form and substance satisfactory to Acquiror.
Loral shall use its reasonable best efforts to obtain the Auditor Consent as promptly as practicable after the earlier of receipt of the written request pursuant to clause (i) or the determination of the Board of Directors pursuant to clause (ii).
Seller also agrees to provide and will cause its shareholders and/or members of management to provide any letter of representation reasonably requested by ▇▇▇▇▇ LLP as a condition to providing the Auditor Consent.
In the event that Seller fails to deliver the Auditor Consent within the time periods required under this subsection (c), the amount deposited in the Auditor Holdback Account will be paid by the Escrow Agent to Purchaser as liquidated damages.
Within five (5) business days after the Purchaser files the Auditor Consent with the Securities and Exchange Commission and pursuant to the terms of the Escrow Agreement, the Escrow Agent will close the Auditor Holdback Account and pay such sum to Seller.
At the Closing, if Seller cannot provide Purchaser with the Auditor Consent required under this Section 7.01(c), Purchaser shall deduct $400,000 from the amount otherwise payable pursuant to Section 2.02(a) and place it in an account with the Escrow Agent (the “Auditor Holdback Account”).
OIC has obtained or will obtain a written consent by the Closing from the auditor (the "Auditor Consent") to include their opinion on the Financial Statements in order to comply with MRV's necessary filing with the SEC.
TPI shall have obtained and delivered a copy to PCA of the Auditor Consent Letter and related "cold comfort" letter for the financing arrangements contemplated as part of the New Financing Arrangements, each of which shall be in form and substance reasonably satisfactory to PCA.