Pro Forma Closing Statement definition

Pro Forma Closing Statement is defined in Section 2.4(a).

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Pro Forma Closing Statement shall have the meaning set forth in Section 2.6(a)(i).

Pro Forma Closing Statement. Section 2.5(a) “Purchaser” Preamble

Examples of Pro Forma Closing Statement in a sentence

• The net settlement statement component of the Pro Forma Closing Statement consisting of the calculation of the Initial Reinsurance Premium (as defined in the MLOA Reinsurance Agreement) as of December 31, 2012 was prepared in accordance with the Closing Statement Methodologies.

• Such estimated Closing prorations shall be set forth on a preliminary closing statement to be prepared by Seller and submitted to Buyer at least three (3) Business Days prior to the Closing Date for any revisions necessary to effectuate the provisions of this Section 3.10, and Sections 3.10.1, 3.10.2, 3.10.3, 3.10.4 and 3.10.5 (the “Closing Statement”), which Closing Statement shall be based on, and be consistent with, the Pro Forma Closing Statement.

• A Part 1: Preliminary 1 The Closing Statement shall use the form of the Pro Forma Closing Statement.

• The Closing Statement shall include each of the specific line items set out in the Pro Forma Closing Statement, each of which line items shall (without limitation) include the specific items set out in the relevant definitions in Clause 1 of this Agreement and those set out under the relevant heading in the appendix to this Agreement.

• Seller shall place $1,000,000 in a mutually agreed escrow with the Title Company for a period of ninety (90) days after the Closing for the parties to agree on such Pro Forma Closing Statement or prorations.

• The Closing Statement shall be prepared in the same format as the Pro Forma Closing Statement and shall be accompanied by work papers and other information and detail to reasonably support the calculation of the amounts set forth thereon.

• Seller and Buyer acknowledge that Seller has not delivered the pro forma estimated proration statement as not less than ten (10) days prior to the date scheduled for the Seller Stockholder Meeting, as required pursuant to Section 3.10 of the Original Purchase Agreement, as a result of which Seller and Buyer are not able to timely agree upon the Pro Forma Closing Statement as and when required by the Original Purchase Agreement.

More Definitions of Pro Forma Closing Statement

Pro Forma Closing Statement means the pro forma closing statement in Schedule 9 Part C.

Pro Forma Closing Statement means the excel spreadsheet setting out the pro forma closing statement in the Agreed Terms;

Pro Forma Closing Statement means the closing statement in the form attached hereto as Schedule 1.1(d), containing the Pro Forma LPT Balance Sheet, the rollforward 50213729.30 calculations / closing statement with respect thereto, the Pro Forma New Business Balance Sheet and Income Statement and the Pro Forma Cashflow Calculation.