Common use of Final Settlement/Purchase Price Adjustments Clause in Contracts

Final Settlement/Purchase Price Adjustments. Within 90 days after Closing, Seller shall provide to Buyer, for Buyer's concurrence, an accounting (the "Final Settlement Statement") of the actual amounts of Seller's and Buyer's Credits for the adjustment set out in this Section 3.3. Buyer shall have the right for 30 days after receipt of the Final Settlement Statement to audit and take exceptions to such adjustments. The Parties shall attempt to resolve any disagreements on a best efforts basis. Those credits agreed upon by Buyer and Seller shall be netted and the final settlement shall be paid as directed in writing by the receiving party, on final adjustment by the party owing it (the "Final Settlement"). The Purchase Price shall be adjusted as follows:

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Arena Resources Inc), Purchase and Sale Agreement (Parallel Petroleum Corp), Purchase and Sale Agreement (Parallel Petroleum Corp)

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Final Settlement/Purchase Price Adjustments. Within 90 one hundred twenty (120) days after Closing, Seller shall provide to Buyer, for Buyer's concurrence, an accounting (the "Final Settlement Statement") of the actual amounts of Seller's and Buyer's Credits for the adjustment adjustments set out in this Section 3.3. Buyer shall have the right for 30 thirty (30) days after receipt of the Final Settlement Statement to audit and take exceptions to such adjustments. The Parties shall attempt to resolve any disagreements on a best efforts basis. Those credits agreed upon by Buyer and Seller shall be netted and the final settlement shall be paid as directed in writing by the receiving party, on final adjustment by the party owing it (the "Final Settlement"). The Purchase Price shall be adjusted as follows:

Appears in 2 contracts

Samples: Purchase and Sale Agreement Ii (Natural Gas Systems Inc/New), Purchase and Sale Agreement I (Natural Gas Systems Inc/New)

Final Settlement/Purchase Price Adjustments. Within 90 one hundred twenty (120) days after Closing, Seller Optionor shall provide to BuyerOptionee, for Buyer's Optionee’s concurrence, an accounting (the "Final Settlement Statement") of the actual amounts of Seller's Optionor’s and Buyer's Optionee’s Credits for the adjustment adjustments set out in this Section 3.312.5. Buyer Optionee shall have the right for 30 thirty (30) days after receipt of the Final Settlement Statement to audit and take exceptions to such adjustments. The Parties shall attempt to resolve any disagreements on a best efforts basis. Those credits agreed upon by Buyer Optionee and Seller Optionor shall be netted and the final settlement shall be paid as directed in writing by the receiving party, on final adjustment by the party owing it (the "Final Settlement"). The Purchase Price shall be adjusted as follows:

Appears in 2 contracts

Samples: Option Agreement (Venoco, Inc.), Option Agreement (Denbury Resources Inc)

Final Settlement/Purchase Price Adjustments. Within 90 120 days after Closing, Seller shall provide to Buyer, for Buyer's concurrence, an accounting (the "Final Settlement Statement") of the actual amounts of Seller's and Buyer's Credits for the adjustment set out in this Section 3.3. Buyer shall have the right for 30 days after receipt of the Final Settlement Statement to audit and take exceptions to such adjustments. The Parties Any disagreements shall attempt to resolve any disagreements be resolved on a best efforts basisbasis by Seller and Buyer. Those credits agreed upon by Buyer and Seller shall be netted and the final settlement shall be paid as directed in writing by the receiving party, on final adjustment by the party owing it (the "Final Settlement"). The Purchase Price shall be adjusted as follows:.

Appears in 1 contract

Samples: Certain Purchase and Sale Agreement (Bargo Energy Co)

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Final Settlement/Purchase Price Adjustments. Within 90 120 days after Closing, Seller shall provide to Buyer, for Buyer's concurrence, an accounting (the "Final Settlement Statement") of the actual amounts of Seller's and Buyer's Credits for the adjustment set out in this Section 3.3. Buyer shall have the right for 30 days after receipt of the Final Settlement Statement to audit and take exceptions to such adjustments. The Parties shall attempt to resolve any disagreements on a best efforts basis. Those credits agreed upon by Buyer and Seller shall be netted and the final settlement shall be paid as directed in writing by the receiving party, on final adjustment by the party owing it (the "Final Settlement"). The Purchase Price shall be adjusted as follows:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Denbury Resources Inc)

Final Settlement/Purchase Price Adjustments. Within 90 one hundred twenty (120) days after Closing, Seller shall provide to Buyer, for Buyer's concurrence, an accounting (the "Final Settlement Statement") of the actual amounts of Seller's and Buyer's Credits for the adjustment adjustments set out in this Section 3.3. Buyer shall have the right for 30 thirty (30) days after receipt of the Final Settlement Statement to audit and take exceptions to such adjustments. The Parties shall attempt to resolve any disagreements on a best efforts basis. Those credits agreed upon by Buyer and Seller shall be netted and the final settlement shall be paid as directed in writing by the receiving party, on final adjustment by the party owing it (the "Final SettlementFINAL SETTLEMENT"). The Purchase Price shall be adjusted as follows:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Natural Gas Systems Inc/New)

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