Common use of Closing Statement; Post-Closing Adjustment Clause in Contracts

Closing Statement; Post-Closing Adjustment. (a) At least five Business Days prior to the Closing Date, Seller shall prepare and deliver to Buyer a statement of the estimated Purchase Price Adjustments, based upon the best information available to Seller (the “Statement”). At the Closing, Buyer shall pay the Purchase Price, as adjusted by the estimated Purchase Price Adjustments reflected in the Statement.

Appears in 8 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement

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Closing Statement; Post-Closing Adjustment. (a) At least five Business Days prior to the Closing Date, Seller Sellers shall prepare and deliver to Buyer a statement of the estimated Purchase Price Adjustments, based upon the best information available to Seller Sellers (the “Statement”). At the Closing, Buyer the Partnership shall pay the Purchase Price, as adjusted by the estimated Purchase Price Adjustments reflected in on the Statement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Memorial Production Partners LP)

Closing Statement; Post-Closing Adjustment. (a) At least five Business Days prior to the Closing Date, Seller shall prepare and deliver to Buyer a statement of the estimated Purchase Price Adjustments, based upon the best information available to Seller (the “Statement”). At the Closing, Buyer the Partnership shall pay the Purchase Price, as adjusted by the estimated Purchase Price Adjustments reflected in on the Statement.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Memorial Production Partners LP)

Closing Statement; Post-Closing Adjustment. (a) At least five Not later than three (3) Business Days prior to the Closing Date, Seller Sellers shall prepare and deliver to Buyer Purchaser a statement of the estimated Purchase Price AdjustmentsAdjustments taking into account the foregoing principles, and using and based upon the best information available to Seller Sellers (the “Statement”). At the Closing, Buyer Purchaser shall pay the Purchase Price, as adjusted by the estimated Purchase Price Adjustments reflected in on the Statement, subject to Sections 5.10 and 6.5.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (QR Energy, LP)

Closing Statement; Post-Closing Adjustment. (a) At least five Not later than three (3) Business Days prior to the Closing Date, Seller Sellers shall prepare and deliver to Buyer Purchaser a statement of the estimated Purchase Price AdjustmentsAdjustments taking into account the foregoing principles, and using and based upon the best information available to Seller Sellers (the “Statement”). At the Closing, Buyer the Partnership shall pay the Purchase Price, as adjusted by the estimated Purchase Price Adjustments reflected in on the Statement, subject to Sections 5.10 and 6.5.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (QR Energy, LP)

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Closing Statement; Post-Closing Adjustment. (a) At least five (5) Business Days prior to the Closing Date, Seller shall prepare and deliver to Buyer a statement of the Estimated Imbalances and the estimated Purchase Price AdjustmentsAdjustments taking into account the foregoing principles, and using and based upon the best information available to Seller (the “Statement”). At the Closing, Buyer shall pay the Purchase PricePrice (less the Deposit Amount), as adjusted by the estimated Purchase Price Adjustments reflected in on the Statement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Goodrich Petroleum Corp)

Closing Statement; Post-Closing Adjustment. (a) At least five three Business Days prior to the Closing Date, Seller shall prepare and deliver to Buyer a statement of the estimated Purchase Price AdjustmentsAdjustments taking into account the foregoing principles, and using and based upon the best information available to Seller (the “Statement”). At the Closing, Buyer shall pay the Purchase Price, as adjusted by the estimated Purchase Price Adjustments reflected in on the Statement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Sanchez Energy Corp)

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