Purchaser Closing Statement definition

Purchaser Closing Statement has the meaning set forth in Section 2.03(b).

Purchaser Closing Statement has the meaning ascribed thereto in Section 6.19.1

Examples of Purchaser Closing Statement in a sentence

• The Principal Shareholders jointly and severally on the one hand and the Purchaser on the other, shall each be responsible for and pay their own costs and expenses in reviewing the Purchaser Closing Statement and in the resolution of any Disputed Matters.

• The Arbitrator shall consider only the Disputed Matters and shall act promptly to resolve in writing all Disputed Matters and shall direct the preparation of a Purchaser Closing Statement reflecting such resolution of the Disputed Matters.

• The Purchaser will provide to the Seller the books, records (including work papers, schedules, memoranda and other documents) and supporting data used to prepare the Purchaser Closing Statement.

• The Purchaser Closing Statement, the Final Closing Statement and the component items thereof will be prepared and calculated in accordance with U.S. GAAP.

• Within ten (10) days after the date on which the Purchaser Closing Statement has been delivered, the Principal Shareholders shall pay to the Purchaser or as the case may be, the Purchaser shall pay to the Principal Shareholders, the amount specified in the Purchaser Closing Statement.

• If the Company in good faith disagrees with any portion of the Purchaser Closing Statement, then the Company and Purchaser shall seek, in good faith, to resolve any such disagreements.

• The Purchaser Closing Statement shall be prepared in accordance with the applicable definitions contained in this Agreement.

• The Purchaser Closing Statement will be based solely on facts and circumstances as they exist as of the Closing and will exclude the effect of any fact, event, change, circumstance, act, development, or decision occurring after the Closing.

• Promptly upon delivering the Purchaser Closing Statement to the Company, if requested by the Company, the Purchaser will meet with the Company to review and discuss the Purchaser Closing Statement and the Purchaser and the Company shall work together in good faith to finalize the Purchaser Closing Statement with adjustment thereto prior to the Closing.

• Purchaser shall deliver to Seller, concurrently with the Purchaser Closing Statement, all relevant supporting documentation, including such schedules and data with respect to the determinations set forth therein as may be, in Purchaser’s determination, reasonably appropriate to support the calculations set forth therein.