Common use of Payment and Calculation of Estimated Final Purchase Price; Payment at Closing Clause in Contracts

Payment and Calculation of Estimated Final Purchase Price; Payment at Closing. (a) Seller shall prepare and deliver to Purchaser, at least five “Business Days” (which term shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York are required or authorized by law to be closed) prior to the Closing Date, Seller’s estimate of the Final Purchase Price to be paid at Closing, (such estimated Final Purchase Price being herein referred to as the “Estimated Final Purchase Price”), together with a statement setting forth Seller’s estimate of the amount of each adjustment to the Preliminary Purchase Price to be made pursuant to Section 2.4. The parties shall negotiate in good faith and attempt to agree on such estimated adjustments prior to Closing.

Appears in 4 contracts

Samples: Agreement, Agreement (Forest Oil Corp), Agreement for Purchase and Sale (Forest Oil Corp)

AutoNDA by SimpleDocs

Payment and Calculation of Estimated Final Purchase Price; Payment at Closing. (a) Seller shall prepare and deliver to Purchaser, at least five (5) “Business Days” (which term shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York are required or authorized by law to be closed) prior to the Closing Date, Seller’s estimate of the Final Purchase Price to be paid at Closing, (such estimated Final Purchase Price being herein referred to as the “Estimated Final Purchase Price”), together with a statement setting forth Seller’s estimate of the amount of each adjustment to the Preliminary Purchase Price to be made pursuant to Section 2.4. The parties shall negotiate in good faith and attempt to agree on such estimated adjustments prior to Closing.

Appears in 2 contracts

Samples: Agreement, For Purchase and Sale (Forest Oil Corp)

Payment and Calculation of Estimated Final Purchase Price; Payment at Closing. (a) Seller shall prepare and deliver to Purchaser, at least five three (3) “Business Days” (which term shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York are required or authorized by law to be closed) prior to the Closing Date, Seller’s estimate of the Final Purchase Price to be paid at Closing, (such estimated Final Purchase Price being herein referred to as the “Estimated Final Purchase Price”), together with a statement setting forth Seller’s estimate of the amount of each adjustment to the Preliminary Purchase Price to be made pursuant to Section 2.4. The parties shall negotiate in good faith and attempt to agree on such estimated adjustments prior to Closing.

Appears in 1 contract

Samples: Agreement (Forest Oil Corp)

Payment and Calculation of Estimated Final Purchase Price; Payment at Closing. (a) Seller shall prepare and deliver to Purchaser, at least five "Business Days" (which term shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York are required or authorized by law to be closed) prior to the Closing Date, Seller’s 's estimate of the Final Purchase Price to be paid at Closing, based upon the best information reasonably available to Seller, (such estimated Final Purchase Price being herein referred to as the "Estimated Final Purchase Price"), together with a statement setting forth Seller’s 's estimate of the amount of each adjustment to the Preliminary Purchase Price to be made pursuant to Section 2.4. The parties shall negotiate in good faith and attempt to agree on such estimated adjustments prior to Closing.

Appears in 1 contract

Samples: Agreement (Linn Energy, LLC)

AutoNDA by SimpleDocs

Payment and Calculation of Estimated Final Purchase Price; Payment at Closing. (a) Seller shall prepare and deliver to Purchaser, at least five “Business Days” (which term shall mean any day except a Saturday, Sunday or other day on which commercial banks in New York, New York are required or authorized by law to be closed) prior to the Closing Date, Seller’s estimate of the Final Purchase Price to be paid at Closing, based upon the best information reasonably available to Seller, (such estimated Final Purchase Price being herein referred to as the “Estimated Final Purchase Price”), together with a statement setting forth Seller’s estimate of the amount of each adjustment to the Preliminary Purchase Price to be made pursuant to Section 2.4. The parties shall negotiate in good faith and attempt to agree on such estimated adjustments prior to Closing.

Appears in 1 contract

Samples: Agreement (Forest Oil Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.