Adjustment to Estimated Purchase Price. (a) Buyer shall prepare and deliver to Seller within forty-five (45) days following the Closing Date a statement (the “Closing Statement”), which will utilize the same accounting methods, policies, practices, procedures and adjustments as were used in the preparation of the Base Statement, and which shall set forth in reasonable detail the Net Assets of the Business as of the close of business on the date immediately prior to the Closing Date (the “True-Up Amount”).
Appears in 6 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement (Laclede Group Inc)
Adjustment to Estimated Purchase Price. (a) Buyer shall prepare and deliver to Seller within forty-five (45) days following the Closing Date a statement (the “"Closing Statement”"), which will utilize the same accounting methods, policies, practices, procedures and adjustments as were used in the preparation of the Base Statement, and which shall set forth in reasonable detail the Net Assets of the Business as of the close of business on the date immediately prior to the Closing Date (the “True-Up Amount”).
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Southern Union Co)