Joint Closing Obligations. Both Parties at Closing shall execute a Settlement Statement evidencing the amount actually wire transferred and all adjustments to the Purchase Price taken into account at Closing. All events of Closing shall each be deemed to have occurred simultaneously with the other, regardless of when actually occurring, and each shall be a condition precedent to the other.
Appears in 10 contracts
Samples: Purchase and Sale Agreement (Arena Resources Inc), Purchase and Sale Agreement (Plains Exploration & Production Co), Purchase and Sale Agreement (Natural Gas Systems Inc/New)
Joint Closing Obligations. Both Parties at Closing shall execute a Settlement Statement evidencing the amount actually wire transferred and all adjustments to the Purchase Price taken into account at Closing. All events of Closing shall each be deemed to have occurred simultaneously with the other, regardless of when actually occurring, occurring and each shall be a condition precedent to the other.
Appears in 3 contracts
Samples: Purchase and Sale Agreement, Asset Purchase and Sale Agreement (Evolution Petroleum Corp), Purchase and Sale Agreement (Synergy Resources Corp)
Joint Closing Obligations. Both Parties at Closing shall execute the Supplemental Agreement attached hereto as Exhibit “D”, and a Settlement Statement evidencing the amount actually wire transferred and all adjustments to the Purchase Price taken into account at Closing. All events of Closing shall each be deemed to have occurred simultaneously with the other, regardless of when actually occurring, occurring and each shall be a condition precedent to the other.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Foothills Resources Inc), Purchase and Sale Agreement (Foothills Resources Inc)
Joint Closing Obligations. Both Parties at Closing shall execute a Settlement Statement evidencing the any amount actually wire transferred or the Volumetric Production Payment assigned and all adjustments to the Purchase Price consideration taken into account at Closing. All events of the Closing shall each be deemed to have occurred simultaneously with the other, regardless of when actually occurring, and each shall be a condition precedent to the other.
Appears in 2 contracts
Samples: Option Agreement (Venoco, Inc.), Option Agreement (Denbury Resources Inc)
Joint Closing Obligations. Both Parties at Closing shall execute a Settlement Statement Statement, as set out in Article 3.4, evidencing the amount actually wire transferred and all adjustments to the Purchase Price taken into account at Closing. All events of Closing shall each be deemed to have occurred simultaneously with the other, regardless of when actually occurring, and each shall be a condition precedent to the other.
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