Common use of Completion Schedule Clause in Contracts

Completion Schedule. 10.1. Not later than three Business Days prior to the proposed date of Completion, the Seller Parent shall deliver to the Buyer a schedule (the “Completion Schedule”) setting out: (a) the aggregate Consideration to be paid at Completion (taking into account any adjustments in accordance with clauses 7.3 or 7.6(a), less an amount equal to the Deposit (such amount being, the “Completion Payment”); and (b) an updated Allocation Schedule to reflect any adjustment prior to Completion. 10.2. If Completion is deferred beyond the proposed date of Completion in accordance with the terms of this agreement and the Completion Statement has been delivered to the Buyer in accordance with clause 10.1, the Seller Parent shall deliver (or procure the delivery of) a revised Completion Statement to the Buyer in accordance with clause 10.1 and the previously submitted Completion Statements shall not apply.

Appears in 4 contracts

Samples: Asset Purchase Agreement (Noble Finance Co), Asset Purchase Agreement (Noble Corp), Asset Purchase Agreement (Noble Finance Co)

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