Closing Settlement Statement definition

Closing Settlement Statement has the meaning set forth in Section 10.3.

Closing Settlement Statement has the meaning set forth in Section 10.3. “Code” means the Internal Revenue Code of 1986, as amended. “Consents” has the meaning set forth in Section 9.1.

Closing Settlement Statement means, with respect to the Properties, a closing settlement statement prepared by the Title Company and executed by the Title Company and Purchaser or Seller, as applicable, that accurately reflects the credits, prorations and adjustments provided for in this Agreement.

Examples of Closing Settlement Statement in a sentence

• In preparing the Closing Settlement Statement Seller shall have no obligation to make an accrual for revenues not received as of Closing.

• After review of the Closing Settlement Statement and at least one (1) Business Day prior to Closing, the Parties shall execute the Closing Settlement Statement.

• The various charges, credits and prorations contemplated by this Agreement will be handled by Escrow Agent through the escrow by appropriate charges and credits to Buyer and Seller and will be reflected in the Seller Closing Settlement Statement or the Buyer Closing Settlement Statement, as appropriate.

• As part of the Closing Settlement Statement, the price for such oil in storage shall be at the price paid to Seller under the applicable Contract at the time of such sale.

• Escrow Agent is authorized to make all disbursements to the parties and to third parties contemplated by this Agreement from funds deposited for those purposes, as necessary or appropriate to close this transaction and as set forth in the Seller Closing Settlement Statement and the Buyer Closing Settlement Statement.

More Definitions of Closing Settlement Statement

Closing Settlement Statement shall have the meaning specified in Section 3.3(c).

Closing Settlement Statement three (3) business days prior to Closing respecting adjustments to the Purchase Price. At the Closing, the following shall occur:

Closing Settlement Statement that shall include adjustments to the Purchase Price that are known as of the Closing Date, as follows:

Closing Settlement Statement means the Closing Settlement Statement in substantially the form attached hereto as Exhibit D.

Closing Settlement Statement is defined in Section 2.4(b).

Closing Settlement Statement has the meaning set forth in Section 2.7(a).

Closing Settlement Statement means that certain Closing Settlement Statement, Funds Flow and Allocation Schedule, dated as of the Closing Date, by and among the Parties.