Revised Closing Statements definition
Examples of Revised Closing Statements in a sentence
The LAL Revised Closing Statements will specify the Market Value rather than the Estimated Market Value with respect to Investment Assets, and Book Value rather than the Estimated Book Value with respect to Transferred Statutory Assets.
The Lincoln Barbados Revised Closing Statements will specify the Market Value rather than the Estimated Market Value with respect to Investment Assets, and Book Value rather than the Estimated Book Value with respect to Transferred Statutory Assets.
The Lincoln Life Revised Closing Statements will specify the Market Value rather than the Estimated Market Value with respect to Investment Assets, and Book Value rather than the Estimated Book Value with respect to Transferred Statutory Assets.
For the avoidance of doubt, the exceptions set forth in Sections 1.04(c)(iii)(A), (B) and (D) with respect to the LAL Closing Statements shall also apply with respect to the LAL Revised Closing Statements.
For the avoidance of doubt, the exceptions set forth in Sections 1.04(a)(iii)(A), (B), (D) and (E) with respect to the Lincoln Life Closing Statements shall also apply with respect to the Lincoln Life Revised Closing Statements.
Any changes in the Revised Closing Statements that are agreed to by Purchaser and Sellers within such 45-day period shall be incorporated into final statements as of the Effective Time (the “Final Purchased Companies Closing Statements”).
For the avoidance of doubt, the exceptions set forth in Sections 1.04(b)(iii)(A) and (C) with respect to the Lincoln Barbados Closing Statements shall also apply with respect to the Lincoln Barbados Revised Closing Statements.
Any changes in the SLD Revised Closing Statements and the SLDI Revised Closing Statements that are agreed to by Purchaser, on the one hand, and SLD and SLDI, on the other hand, within such 60-day period shall be incorporated into final financial statements of each of SLD and SLDI with respect to the Business as of and for the period ended as of the Effective Time (the "Final Closing Statements").
Appropriate adjustments reflecting the exclusion of the Excluded Undelivered Contracts, will be made in the Revised Closing Statements and the Final Closing Statements.
The SLDI Revised Closing Statements will specify the Market Value rather than the Estimated Market Value with respect to Investment Assets, and Book Value rather than the Estimated Book Value with respect to Transferred Statutory Assets.