Closing Review definition
Examples of Closing Review in a sentence
Within 90 days after the Closing Date, the Company and its auditors will conduct a review (the "Closing Review") of the Cash Amount, the Indebtedness Amount, the Net Working Capital Amount and the Capital Expenditures Amount and will prepare and deliver to the Existing Stockholder a computation of such amounts (the "Draft Computations").
Accrued commitment fees shall be payable in arrears on the last Business Day of March, June, September and December of each year and on the date on which the Revolving Credit Commitments terminate, commencing on the last day of December 2018.
The Purchaser and its auditors will give the Seller and his auditors an opportunity to observe the Closing Review and will make available to such Persons all records and work papers used in preparing the Draft Computation.
Within 90 days after the Closing Date, Purchaser and its auditors will conduct a review (the "Closing Review") of the Book Value of Assets as of the close of business on the day before the Closing Date and will prepare and deliver to Seller a computation of the Book Value of Assets as of the close of business on the day before the Closing Date (the "Draft Computation").
The Accounting Firm shall be instructed to use every reasonable effort to perform its services within thirty (30) days of submission of the Closing Review to it and, in any case, as promptly as practicable after such submission.
Within 90 days after the Closing Date, the Purchaser and its auditors will conduct a review (the "Closing Review") of the book value of the Acquired Assets as of the close of business on June 30, 1998 and will prepare and deliver to the Seller a computation of the amount of the book value of the Acquired Assets as of the close of business on June 30, 1998 (the "Draft Balance Sheet").
If the Shareholder fails to deliver the Closing Statement of Objections before the expiration of the Closing Review Period, the Closing Date Statement and the Post-Closing Adjustments shall be deemed to have been accepted by the Shareholder.
If there is a difference between ---------------------- the amount as of the Closing Date of the Other Items as determined in the Closing Review (the "Final Other Items Amount") and the Other Items Estimate, ------------------------ then a dollar-for dollar adjustment shall be made to the amount of the Purchase Price payable in respect of the Other Items.
The Purchaser and its auditors will cooperate fully with Holding and its auditors, and Holding and its auditors will cooperate fully with the Purchaser and its auditors, in connection with the Closing Review (including, without limitation, making all relevant information available for review and making all relevant personnel available for discussions).
The Purchaser and its auditors will give the Seller and its auditors an opportunity to observe the Closing Review and will make available to such Persons all records and work papers used in preparing the Draft Computation.