Draft Completion Accounts definition

Draft Completion Accounts has the meaning given in Paragraph 1.1 of Part A of Schedule 8 (Completion Accounts);

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Draft Completion Accounts means a statement of assets and liabilities for the Company as at the Effective Time, in the form and with the line items set out in Part B of Schedule 4 (Completion Accounts) and which has been prepared in accordance with Part A of Schedule 4 (Preparation of Completion Accounts);

Draft Completion Accounts has the meaning given to that term in Part 1 of Schedule 6;

Examples of Draft Completion Accounts in a sentence

The Sellers’ Representative may dispute the Draft Completion Accounts by notice in writing (the “Dispute Notice”) delivered to the Purchasers’ Representative in accordance with clause 26 (Notices) within sixty (60) Business Days of receiving the Draft Completion Accounts.
The Purchasers’ Representative shall deliver the Draft Completion Accounts, together with copies of the relevant supporting information (including associated excel files with calculations and back ups) used to prepare such accounts, to the extent reasonable, to the Sellers’ Representative in accordance with clause 26 (Notices) as soon as reasonably practicable and in any event within sixty (60) Business Days following Completion.
The Draft Completion Accounts and the Completion Accounts shall be prepared in accordance with those accounting policies, principles, practices, bases and methodologies set out Part B and Part C of this Schedule 8 (Completion Accounts).

More Definitions of Draft Completion Accounts

Draft Completion Accounts means the draft Completion Accounts prepared by the Buyer in accordance with paragraph 2.1 of this Schedule 6;

Draft Completion Accounts has the meaning given in Paragraph 4.1;

Draft Completion Accounts has the meaning given in clause 7.1.

Draft Completion Accounts means the draft of the Completion Accounts prepared in accordance with Clause 6.1(a);

Draft Completion Accounts a draft of the Completion Accounts prepared in accordance with the requirements of this Schedule. Expert: a person appointed in accordance with paragraph 3 of Part 1 of this Schedule to resolve any dispute arising in the preparation of the Completion Accounts.

Draft Completion Accounts has the meaning given to it in Clause 3.4; Effective Time: immediately prior to Completion; Employee: any person employed by the Company or any of the Subsidiaries; Encumbrance: any interest or equity of any person (including any right to acquire, option or right of pre-emption) or any mortgage, charge, pledge, lien, assignment, hypothecation, security interest, title retention or any other security agreement or arrangement or other third party right, or any agreement, arrangement or obligation to create any of the same; Estimated Completion Consideration: an amount equal to $79,675,843, being the aggregate of:

Draft Completion Accounts a draft of the Completion Accounts prepared in accordance with the requirements of Schedule 7 (Completion Accounts);