Common use of Preliminary Information Clause in Contracts

Preliminary Information. At least three (3) Business Days prior to the Closing Date, Sellers shall deliver to Purchaser a statement of Sellers’ good-faith estimate of the Adjustment Amount (the “Estimated Adjustment Amount”), a good-faith estimate of the Closing Cash (the “Estimated Closing Cash”), a good-faith estimate of the Closing Date Indebtedness (the “Estimated Closing Indebtedness”) and a good-faith estimate of any Transaction Expenses (the “Estimated Transaction Expenses” and collectively, as the same may be adjusted, in Sellers’ sole discretion, in response to any comments of Purchaser and its authorized representatives provided prior to the Closing, the “Estimated Closing Statement”), together with such reasonably detailed data appropriate to support such Estimated Closing Statement. The Estimated Closing Statement shall be prepared in accordance with the Accounting Principles and this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Intercontinental Exchange, Inc.), Stock Purchase Agreement (Intercontinental Exchange, Inc.)

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Preliminary Information. At least three (3) Business Days prior to the Closing Date, Sellers Seller shall deliver to Purchaser Purchasers a statement of Sellers’ Seller’s good-faith estimate of the Adjustment Amount (the “Estimated Adjustment Amount”), a good-faith estimate of the Closing Cash (the “Estimated Closing Cash”), a good-faith estimate of the Closing Date Indebtedness (the “Estimated Closing Indebtedness”) and a good-faith estimate of any Trayport Transaction Expenses (the “Estimated Trayport Transaction Expenses” and collectively, as the same may be adjusted, in Sellers’ Seller’s sole discretion, in response to any comments of Purchaser Purchasers and its their authorized representatives provided prior to the Closing, the “Estimated Closing Statement”), together with such reasonably detailed data appropriate to support such Estimated Closing Statement. The Estimated Closing Statement shall be prepared in accordance with the Accounting Principles and this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Intercontinental Exchange, Inc.), Stock Purchase Agreement (Intercontinental Exchange, Inc.)

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