Common use of Examination and Review Clause in Contracts

Examination and Review. (i) After receipt of the Closing Working Capital Statement, the Company shall have thirty (30) days (the “Review Period”) to review the Closing Working Capital Statement. During the Review Period, the Company and its accountants shall have full access to the books and records of Newco and USU, the personnel of, and work papers prepared by, Newco and/or its accountants to the extent that they relate to the Closing Working Capital Statement and to such historical financial information (to the extent in Newco’s possession) relating to the Closing Working Capital Statement as the Company may reasonably request for the purpose of reviewing the Closing Working Capital Statement and to prepare a Statement of Objections (defined below), provided, that such access shall be in a manner that does not interfere with the normal business operations of Newco.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Aspen Group, Inc.)

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Examination and Review. (i) After receipt of the Closing Working Capital Statement, the Company Seller shall have thirty fifteen (3015) days (the “Review Period”) to review the Closing Working Capital Statement. During the Review Period, the Company Seller and its accountants shall have full access to the relevant books and records of Newco and USUBuyer, the personnel of, and work papers prepared by, Newco Buyer and/or its accountants to the extent that they relate to the Closing Working Capital Statement and to such historical financial information (to the extent in NewcoBuyer’s possession) relating to the Closing Working Capital Statement as the Company Seller may reasonably request for the purpose of reviewing the Closing Working Capital Statement and to prepare a Statement of Objections (defined below), Objections; provided, that such access shall be in a manner that does not interfere with the normal business operations of NewcoBuyer.

Appears in 1 contract

Samples: Asset Purchase Agreement (Airgain Inc)

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Examination and Review. (i) After receipt of the Closing Working Capital Statement, the Company Seller shall have thirty (30) 30 days (the “Review Period”) to review the Closing Working Capital Statement. During the Review Period, the Company Seller and its accountants Seller’s Accountants shall have full access to the books Books and records Records of Newco and USUthe Company, the personnel of, and work papers prepared by, Newco Buyer and/or its accountants Buyer’s Accountants to the extent that they relate to the Closing Working Capital Statement and to such historical financial information (to the extent in NewcoBuyer’s possession) relating to the Closing Working Capital Statement as the Company Seller may reasonably request for the purpose of reviewing the Closing Working Capital Statement and to prepare a Statement of Objections (defined below), provided, that such access shall be in a manner that does not interfere with the normal business operations of NewcoBuyer or the Company.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (G Medical Innovations Holdings Ltd.)

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