Common use of Final Closing Statement Clause in Contracts

Final Closing Statement. No later than 90 days after Closing, Buyer shall prepare and deliver to Seller a final Closing statement (the “Final Statement”), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post Closing examination of the books and records of the Hotel and on other relevant facts discovered after Closing. Seller shall be deemed to have agreed to the Final Statement as prepared by Buyer, except for such items as to which Seller specifically objects in a written notice given to Buyer within 60 days after Buyer delivers the Final Statement to Seller.

Final Closing Statement. No later than 90 days 135 Days after Closing, Buyer shall prepare and deliver to Seller Sellers a final Closing statement (the “"Final Statement”"), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post 's post-Closing examination of the books and records of the Hotel Hotels for the applicable periods during which Closing occurred and on other relevant facts items of revenue or expense discovered after Closing (including, without limitation, Hotel Payables first identified after Closing). Seller Sellers shall be deemed to have agreed to accepted the Final Statement as prepared by Buyer, except for such items as to which Seller Sellers specifically objects object (including the basis for such objection) in a written notice given to Buyer within 60 days 30 Days after Buyer delivers the Final Statement to SellerSellers.

Final Closing Statement. No later than 90 days after Closing, Buyer shall prepare and deliver to Seller a final Closing statement (the “Final Statement”"FINAL STATEMENT"), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s 's operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s 's own post post-Closing examination of the books and records of the Hotel and on other relevant facts discovered after Closing. Seller The Final Statement shall be deemed to have agreed to the Final Statement as prepared by Buyerbinding and conclusive on Buyer and, except for such items as to which Seller specifically objects in a written notice given to Buyer within 60 30 days after Buyer delivers the Final Statement to Seller, on Seller.

Final Closing Statement. No later than 90 sixty (60) days after Closing, Buyer shall prepare and deliver to Seller a final Closing statement (the “Final Statement”), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post post-Closing examination of the books and records of the Hotel and on other relevant facts discovered after Closing. Seller shall be deemed to have agreed to the Final Statement as prepared by Buyer, except for such items as to which Seller specifically objects in a written notice given to Buyer within 60 thirty (30) days after Buyer delivers the Final Statement to Seller.

Final Closing Statement. No later than 90 days after Closing, Buyer shall prepare and deliver to Seller a final Closing statement (the “Final Statement”), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the final bills, the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post post-Closing examination of the books and records of the Hotel and on other relevant facts discovered after Closing. Seller The Final Statement shall be deemed to have agreed to the Final Statement as prepared by Buyerbinding and conclusive on Buyer and on Seller, except for such items as to which Seller specifically objects in a written notice given to Buyer within 60 days after Buyer delivers the Final Statement to Seller, and except for items which by their nature cannot otherwise be determined within such 60 day period, such as Real Estate Taxes.

Final Closing Statement. No later than 90 one hundred eighty (180) days after Closing, Buyer shall prepare and deliver to Seller a final Closing statement (the “Final Statement”), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post post-Closing examination of the books and records of the Hotel and on other relevant facts discovered after Closing. Seller shall be deemed to have agreed to the Final Statement as prepared by Buyer, except for such items as to which Seller specifically objects in a written notice given to Buyer within 60 thirty (30) days after Buyer delivers the Final Statement to Seller.

Final Closing Statement. No later than 90 days 135 Days after Closing, Buyer shall prepare and deliver to Seller Sellers a final Closing statement (the “Final Statement”), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post post-Closing examination of the books and records of the Hotel Hotels for the applicable periods during which Closing occurred and on other relevant facts items of revenue or expense discovered after Closing (including, without limitation, Hotel Payables first identified after Closing). Seller Sellers shall be deemed to have agreed to accepted the Final Statement as prepared by Buyer, except for such items as to which Seller Sellers specifically objects object (including the basis for such objection) in a written notice given to Buyer within 60 days 30 Days after Buyer delivers the Final Statement to SellerSellers.

Final Closing Statement. No later than 90 ninety (90) days after Closing, Buyer shall prepare and deliver to Seller a final Closing statement (the “Final Statement”), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post post-Closing examination of the books and records of the Hotel and on other relevant facts discovered after Closing. Seller shall be deemed to have agreed to the Final Statement as prepared by Buyer, except for such items as to which Seller specifically objects in a written notice given to Buyer within 60 sixty (60) days after Buyer delivers the Final Statement to Seller.

Final Closing Statement. No later than 90 ninety (90) days after Closing, Buyer shall prepare and deliver to Seller a final Closing statement (the “Final Statement”), which shall correct the estimates and (if necessary) other amounts used in the Preliminary Statement, based on the Hotel’s operating reports for the month immediately preceding Closing and the month in which Closing occurred, on Buyer’s own post post-Closing examination of the books and records of the Hotel and on other relevant facts discovered after Closing. Seller shall be deemed to have agreed to the Final Statement as prepared by Buyer, except for such items as to which Seller specifically objects in a written notice given to Buyer (“Seller’s Objection Notice”) within 60 ninety (90) days after Buyer delivers the Final Statement to Seller (“Seller’s Objection Period”).