Common use of Earnout Statement Clause in Contracts

Earnout Statement. As soon as practicable following each Earnout Calculation Date, Buyer shall submit to Seller a statement showing each Closing Date Fund Investor and the AUM with respect to each such Closing Date Fund Investor as of each Earnout Calculation Date, substantially in the form attached hereto as Exhibit 2.7(b) (the “Earnout Statement”).

Appears in 2 contracts

Sources: Transaction Agreement (PSP Family of Funds), Transaction Agreement (Congressional Effect Family of Funds)