Examples of Final Statement of Adjustments in a sentence
The Purchaser and the Vendor will each bear their own fees and expenses, including the fees and expenses of their respective accountants and auditors, in preparing or reviewing, as the case may be, the Final Statement of Adjustments.
Subject only to this Section 4.3, the Final Statement of Adjustments shall constitute the final accounting between the Parties in respect of costs and revenues accruing, payable, paid, received or receivable in respect of the Purchased Assets, shall be binding on the Parties and shall not be subject to dispute.
Within 60 days following Closing of each transaction, the applicable Vendor is to provide a Final Statement of Adjustments.
The difference between the Interim Statement of Adjustments and the Final Statement of Adjustments shall be paid promptly by the Vendor/Purchaser, as applicable, which amount shall accrue interest at the Prime Rate plus 1%.LocationsThe Canadian Purchaser will assume the leases for the Company’s premises in Edmonton, Calgary and BC.
If the Parties are unable to agree upon the Final Statement of Adjustments, the determination of the Final Statement of Adjustments shall be submitted to arbitration, in accordance with Section 8.11(e).