Closing Estimate. At least three (3) business days prior to the Closing Date, Seller on behalf of Seller, shall estimate the Purchase Price Adjustment Amount and deliver to Purchaser a certificate of an officer of Seller setting forth in reasonable detail the calculation thereof. The Cash at Closing shall be adjusted as set forth in such certificate. The Purchase Price Adjustment Certificate shall include a computation of any reduction in the Purchase Price caused by the failure of one or more Seller's to deliver on the Closing Date their respective interests in the Transferred Assets.
Appears in 3 contracts
Sources: Asset Purchase Agreement (Benton Oil & Gas Co), Asset Purchase Agreement (Benton Oil & Gas Co), Asset Purchase Agreement (Benton Oil & Gas Co)