Estimated Initial Payment Statement definition
Examples of Estimated Initial Payment Statement in a sentence
The President and the Chief Operating Officer of the Company shall certify as to the accuracy and completeness of the data and calculations included in the Estimated Initial Payment Statement in a certificate executed by each of them that shall be in the form attached as Schedule 1.1(c)(i).
The Purchaser and the Seller shall work together in good faith to prepare the Estimated Initial Payment Statement, which shall be delivered not less than ten Business Days prior to the Closing; provided, however, that the Seller shall be solely responsible for the content thereof.
Shareholders and the Company shall provide to Buyer all such additional documentation, information and access to the Company’s personnel as Buyer shall reasonably request for purposes of verifying the Estimated Initial Payment Statement, and shall make all such corrections thereto as Buyer may reasonably request in good faith in order to comply with this Agreement.
The Seller shall have delivered the Estimated Initial Payment Statement to the Purchaser no later than ten Business Days prior to the Closing Date and such Estimated Initial Payment Statement shall have been reasonably acceptable to the Purchaser in both form and substance.