Adjustment Statement. As soon as practicable but in no event later than 30 calendar days after the Closing Date, Buyer shall deliver to Sellers a statement (the “Adjustment Statement”) setting forth Buyer’s good faith calculation of the Net Working Capital as of immediately prior to the Closing without giving effect to any of the transactions contemplated hereby and determined in accordance with GAAP and the accounts listed on Exhibit B (the “Final Net Working Capital”), together with related supporting schedules, calculations and documentation.
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Sources: Purchase and Contribution Agreement, Purchase and Contribution Agreement (Sentinel Energy Services Inc.)
Adjustment Statement. As soon as practicable but in no event No later than 30 calendar seventy five (75) days after the Closing Date, Buyer shall prepare and deliver to Sellers Seller a statement (the “Adjustment Statement”) setting forth Buyer’s good faith calculation of the Net Working Capital as of immediately prior to the Closing calculation, without giving effect to taking into account any of the transactions contemplated hereby occurring as part of the Closing, and determined prepared in accordance with GAAP GAAP, of (i) Closing Indebtedness, (ii) the Pre-Closing Expenses, and (iii) the accounts listed on Exhibit B (the “Final Closing Net Working Capital”), together along with related supporting schedules, a copy of the materials upon which such calculations and documentationwere based.
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