Common use of Closing Statement and Payment Clause in Contracts

Closing Statement and Payment. Not later than five (5) Business Days prior to the Closing Date, Seller shall prepare and deliver to Buyer a reasonably detailed statement (the “Closing Statement”) of the estimated Purchase Price adjustments and the estimated Adjusted Purchase Price (the “Estimated Adjusted Purchase Price”). At the Closing, Buyer shall wire transfer the Estimated Adjusted Purchase Price in immediately available funds to an account or accounts specified by Seller to Buyer at least three (3) Business Days immediately preceding the Closing Date.

Closing Statement and Payment. Not later than five (5) Business Days prior to the Closing Date, Seller shall prepare and deliver to Buyer a reasonably detailed statement (the “Closing Statement”) of the estimated Purchase Price adjustments and the estimated Adjusted Purchase Price (the “Estimated Adjusted Purchase Price”). At the Closing, Buyer shall wire transfer an amount equal to the Estimated Adjusted Purchase Price Price, in immediately available funds to an account or accounts specified designated by Seller to Buyer at least three (3) Business Days immediately preceding prior to the Closing Date.