Common use of Post-Closing Purchase Price Reconciliation Clause in Contracts

Post-Closing Purchase Price Reconciliation. (a) As soon as reasonably practicable following the Closing Date, and in any event within 60 days thereafter, Buyer shall prepare and deliver to Seller a calculation of Net Working Capital as of the Closing, together with reasonably detailed supporting information (the “Closing Statement”).

Appears in 2 contracts

Samples: Purchase and Sale Agreement (TGT Pipeline LLC), Purchase and Sale Agreement (Boardwalk Pipelines LLC)

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Post-Closing Purchase Price Reconciliation. (ai) As soon as reasonably practicable following the Closing Date, and in any event within 60 30 days thereafter, Buyer shall prepare and deliver to Seller a calculation of Closing Net Working Capital as of the Closing, together with reasonably detailed supporting information Closing Date (the Closing Statement”).

Appears in 1 contract

Samples: Stock Purchase Agreement (Atlas Pipeline Partners Lp)

Post-Closing Purchase Price Reconciliation. (a) As soon as reasonably practicable following the Closing Date, and in any event within 60 90 days thereafter, Buyer Seller shall prepare and deliver to Seller Buyer a calculation of Net Working Capital as closing statement of the Closing, together with reasonably detailed supporting information Company (the “Closing Statement”), prepared by Seller in good faith and in accordance with the illustrative calculation included on Schedule A using the same methodologies, practices, policies and judgments as were used in the preparation of the Financial Statements, except as otherwise provided in this Agreement, setting forth in reasonable detail the proposed final calculation of Effective Time Net Working Capital and the Effective Time Adjustment Amount.

Appears in 1 contract

Samples: Purchase Agreement (Copano Energy, L.L.C.)

Post-Closing Purchase Price Reconciliation. (a) As soon as reasonably practicable following the Closing Date, and in any event within 60 days thereafter, Buyer Purchaser shall prepare and deliver to Seller a calculation of Net Working Capital as of the Closing, together with reasonably detailed supporting information closing statement (the “Closing Statement”), setting forth Purchaser’s good faith calculation of the Aggregate Adjustment. Purchaser shall prepare the Closing Statement and the Aggregate Adjustment in accordance with the illustrative calculation included on Schedule 2.3 using the Accounting Principles.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Ferrellgas Partners Finance Corp)

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Post-Closing Purchase Price Reconciliation. (a) As soon as reasonably practicable following the Closing Date, and in any event within 60 days thereafter, Buyer Purchaser shall prepare and deliver to Seller a calculation of Net Working Capital as of the Closing, together with reasonably detailed supporting information closing statement (the “Closing 2 Statement”), setting forth Purchaser’s good faith calculation of the Aggregate Adjustment. Purchaser shall prepare the Closing Statement and the Aggregate Adjustment in accordance with the illustrative calculation included on Schedule 2.3 using the Accounting Principles.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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