Closing Agreement 2025

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The document is a Closing Agreement between NetRatings, Inc. and Nielsen Media Research, Inc., dated December 21, 1999. It outlines the procedures for Nielsen's additional investment in NetRatings, including the exercise of stock purchase warrants and the sale of shares from individual shareholders to Nielsen. The agreement confirms the payment made by Nielsen for shares and designates an escrow agent for the transaction.

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What does it mean to close an agreement?

What does close out mean? Close out means the termination or cancellation of all transactions under a contract. In that way, it can also mean liquidating or even accelerating transactions so that they are completed more quickly than the original contract stated.

What is a close agreement?

It is a legally binding agreement that settles the dispute and prevents further legal action. For example, if a taxpayer is audited by the IRS and there is a disagreement about the amount of taxes owed, they may enter into a closing agreement to settle the dispute.

What does closing agreement mean?

What is a closing agreement? A closing agreement is, in essence, a contract between FTB and a taxpayer agreeing on the proper tax treatment of a particular tax issue or transaction for a specific time frame.

What does closure mean in contract?

Contract closure is concerned with completing and settling the terms of the contracts for the project. It supports the project completion process because the contract closure process determines if the work described in the contracts was completed accurately and satisfactorily.

What is a closing agreement?

A closing agreement may be entered into in any case in which there appears to be an advantage in having the case permanently and conclusively closed, or if good and sufficient reasons are shown by the taxpayer for desiring a closing agreement and it is determined by the Commissioner that the United States will sustain