Common use of Closing Statement; Closing Payment Clause in Contracts

Closing Statement; Closing Payment. (a) On the third (3rd) Business Day prior to Closing, Seller shall deliver to Buyer a statement (the “Closing Statement”) setting forth the Estimated Working Capital. The Closing Statement shall be prepared by Seller in good faith and be accompanied by reasonably detailed supporting documentation.

Appears in 3 contracts

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp), Agreement for Purchase and Sale, Agreement for Purchase and Sale (Tc Pipelines Lp)

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Closing Statement; Closing Payment. (a) On the third (3rd) Business Day prior to Closing, Seller shall deliver to Buyer a statement (the “Closing Statement”) setting forth (i) the Estimated Working Capital, and (ii) the Interest Amount. The Closing Statement shall be prepared by Seller in good faith and be accompanied by reasonably detailed supporting documentation.

Appears in 2 contracts

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp), Agreement for Purchase and Sale

Closing Statement; Closing Payment. (a) On the third (3rd) Business Day prior to Closing, Seller shall deliver to Buyer a statement (the “Closing Statement”) setting forth (i) the Estimated Working Capital, (ii) the Forecasted Construction Expenditures and (iii) the Interest Amount. The Closing Statement shall be prepared by Seller in good faith and be accompanied by reasonably detailed supporting documentation.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp)

Closing Statement; Closing Payment. (a) On the third (3rd) Business Day prior to the Closing, Seller shall deliver to Buyer a statement (the “Closing Statement”) setting forth (i) the Estimated Working CapitalCapital and (ii) the Interest Amount. The Closing Statement shall be prepared by Seller in good faith and be accompanied by reasonably detailed supporting documentationdocumentation as appropriate.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp)

Closing Statement; Closing Payment. (a) On the third (3rd) Business Day prior to Closing, Seller shall deliver to Buyer a statement (the “Closing Statement”) setting forth (i) the Estimated Working CapitalCapital and (ii) the Interest Amount. The Closing Statement shall be prepared by Seller in good faith and be accompanied by reasonably detailed supporting documentation.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp)

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Closing Statement; Closing Payment. (a) On or before the third (3rd) Business Day prior to Closing, Seller Sellers shall deliver to Buyer a statement (the "Closing Statement") setting forth the Estimated Working Capital. The Closing Statement shall be prepared by Seller Sellers in good faith and be accompanied by reasonably detailed supporting documentation.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp)

Closing Statement; Closing Payment. (a) On or before the third (3rd) Business Day prior to Closing, Seller shall deliver to Buyer a statement (the "Closing Statement") setting forth the Estimated Working Capital. The Closing Statement shall be prepared by Seller in good faith and be accompanied by reasonably detailed supporting documentation.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (Tc Pipelines Lp)

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