Final Closing Statements definition
Examples of Final Closing Statements in a sentence
The Reinsurance Transaction Consultant shall determine within thirty (30) calendar days the manner in which such item or items shall be treated in the Final Closing Statements; provided, however, that the dollar amount of each item in dispute shall be determined within the range of dollar amounts proposed by Lincoln Life, LAL and Lincoln Barbados, on the one hand, and Purchaser, on the other hand.
Following the resolution of all disputed items (or, if there is no dispute, promptly after the parties reach agreement on the Final Closing Statements), Purchaser shall prepare the Final Closing Statements and shall deliver copies thereof to Lincoln Life, LAL and Lincoln Barbados.
The Required Indebtedness for each Party shall be compared to the appropriate amount of Indebtedness set out in the Final Closing Statements (the "Closing Indebtedness").
The Closing Statements (including the Closing Balance Sheet) attached as Exhibit A hereto shall be deemed to be the Final Closing Statements (and Final Closing Balance Sheet) for purposes of Sections 5.10, 8.2 and 8.3 of the Agreement.
The term "Closing Statement" shall mean the Preliminary and Final Closing Statements, collectively or singularly as the context may indicate.