Examples of Preliminary Closing Balance Sheet in a sentence
The Objection Notice shall (a) clearly identify each item of the Preliminary Closing Balance Sheet to which the Sellers’ Agent objects and (b) describe in detail the nature of such objection and the Sellers’ Agent’s calculation of such disputed item.
The Independent Accounting Firm shall be instructed to use its reasonable best efforts to deliver to the Company and the Stakeholder Representative a written report setting forth the resolution of each disputed matter within thirty (30) days of submission of the Preliminary Closing Balance Sheet and the Preliminary Closing Statement to it and, in any case, as promptly as practicable after such submission.
To use the Reward, follow the Reward Instructions provided in the Email communication.
If the Sellers’ Agent delivers an Objection Notice to Purchaser on a timely basis, Purchaser and the Sellers’ Agent shall during the twenty (20) Business Day period following receipt of such Objection Notice use commercially reasonable efforts to negotiate in good faith and reach agreement on each item of the Preliminary Closing Balance Sheet disputed pursuant to the Objection Notice.
The Preliminary Closing Balance Sheet shall be conclusive and binding upon the Parties as to items set forth therein unless, within ten (10) days following the expiration of the Review Period, the Sellers’ Agent notifies Purchaser in writing (the “Objection Notice”) that the Sellers’ Agent disputes any of the amounts set forth therein.