Common use of Adjustments To Accounts Clause in Contracts

Adjustments To Accounts. (a) An interim accounting and adjustment shall be conducted for Closing. At least 3 business days prior to the Closing Date, Vendor shall provide to the Purchaser its good faith estimate of all adjustments to be made pursuant to this Article and such adjustments shall be made at Closing. A final accounting and adjustment shall be prepared and submitted by the Vendor to the Purchaser within one hundred and twenty (120) days following the Closing Date. All adjustments shall be settled by payment by the Party required to make payment hereunder within fifteen (15) days of being notified of the determination of the amount owing.