Common use of Post-Closing Reconciliation Clause in Contracts

Post-Closing Reconciliation. If any of the foregoing prorations cannot be calculated accurately on the Closing, then they shall be calculated as soon after the Closing as feasible. Either party owing the other party a sum of money based on such subsequent prorations shall promptly pay such sum to the other party.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

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Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other party.

Appears in 2 contracts

Samples: Purchase Agreement (Clean Energy Fuels Corp.), Purchase Agreement (Fisher Communications Inc)

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party , but in any event, not later than thirty (30) days after the last of the calendar year in which the Closing shall occur and either Party owing the other party Party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other partyParty.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Axon Enterprise, Inc.), Purchase and Sale Agreement (Axon Enterprise, Inc.)

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other party, from the Closing Date to the date of payment if payment is not made within ten (10) days after delivery of a bill therefor.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Starbucks Corp)

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be estimated prior to the Closing and re-calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other party.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Integrated Silicon Solution Inc)

Post-Closing Reconciliation. If any of the foregoing prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent prorations shall promptly pay such sum to the other party.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party Party owing the other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other partyParty within ten (10) days after delivery of a xxxx therefor.

Appears in 1 contract

Samples: Purchase and Sale Agreement

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other party, from the Closing Date to the date of payment if payment is not made within ten (10) days after delivery of a xxxx therefor.

Appears in 1 contract

Samples: Purchase Agreement (Equinix Inc)

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Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other party, together with interest thereon at the rate of eight percent (8%) per annum from the Closing Date to the date of payment if payment is not made within ten (10) days after delivery of a xxxx therefor.

Appears in 1 contract

Samples: Purchase Agreement (Aviza Technology, Inc.)

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be definitely calculated accurately on the ClosingClosing Date, then they shall be estimated at the Closing and definitely calculated as soon after the Closing Date as feasible. As soon as the necessary information is available, Buyer and Seller shall conduct a post-Closing review to determine the accuracy of all prorations. Either party owing the other party a sum of money based on such subsequent prorations proration(s) or post-Closing review shall promptly pay such said sum to the other partyparty within thirty (30) days of the date of demand therefor.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Industrial Property Trust Inc.)

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be definitely calculated accurately on the ClosingClosing Date, then they shall be estimated at the Closing and definitely calculated as soon after the Closing Date as feasible. Either As soon as the necessary information is available, either party owing the other party a sum of money based on such subsequent prorations shall promptly pay such sum to the other party.may at its cost conduct

Appears in 1 contract

Samples: Purchase and Sale Agreement (American Retirement Corp)

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party Buyer or Seller owing the any such other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such said sum to the other party.

Appears in 1 contract

Samples: Purchase Agreement (Kindred Biosciences, Inc.)

Post-Closing Reconciliation. If any of the foregoing aforesaid prorations cannot be calculated accurately on the ClosingClosing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent prorations proration(s) shall promptly pay such sum to the other party, together with interest thereon at the rate of eight percent (8%) per annum from the Closing Date to the date of payment if payment is not made within ten (10) days after delivery of a xxxx therefor.

Appears in 1 contract

Samples: Purchase Agreement (Proxim Corp)

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