Common use of Final Settlement Statement Clause in Contracts

Final Settlement Statement. (a) As soon as practical and, in any event, no later than ninety (90) calendar days after the Closing Date, Sellers shall prepare and deliver to Buyer a statement (the “Final Settlement Statement”) setting forth Sellers’ calculation of the adjustments to the Purchase Price in accordance with Section 2.04. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Ranger Energy Services, Inc.), Asset Purchase Agreement (Basic Energy Services, Inc.), Asset Purchase Agreement (Basic Energy Services, Inc.)

AutoNDA by SimpleDocs

Final Settlement Statement. (a) As soon as practical and, in any event, no Not later than ninety (90) calendar 180 days after the Closing DateDate and after consultation with Buyer, Sellers Seller shall prepare and deliver to Buyer a revised settlement statement showing in reasonable detail its calculation of the items described in the definition of Pre-Closing Capital Contributions along with other adjustments to the Purchase Price contemplated in this Agreement (said revised statement and the calculation thereof shall be referred to as the “Final Settlement Statement”) setting forth Sellers’ calculation of the adjustments to the Purchase Price in accordance with Section 2.04. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.

Appears in 2 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (DCP Midstream Partners, LP)

Final Settlement Statement. (a) As soon as practical and, in any event, no later than ninety (90) calendar days On or before the 90th day after the Closing DateClosing, Sellers Seller shall prepare and deliver to Buyer in accordance with this Agreement, a statement (the “Final Settlement Statement”) setting forth Sellers’ calculation of the adjustments to the Purchase Price in accordance with Section 2.04. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.forth:

Appears in 2 contracts

Samples: Purchase Agreement (Goodrich Petroleum Corp), Purchase Agreement

Final Settlement Statement. (a) As soon as practical and, in any event, no later than ninety (90) calendar days On or before the 90th day after the Closing Date, Sellers Seller shall prepare and deliver to Buyer a statement (the “Final Settlement Statement”) setting forth Sellers’ calculation of the adjustments to the Purchase Price in accordance with Section 2.04. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.forth:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Xto Energy Inc)

Final Settlement Statement. (a) As soon as practical and, in any event, no later than ninety (90) calendar days On or before the 120th day after the Closing DateClosing, Sellers Seller shall prepare and deliver to Buyer in accordance with this Agreement, a statement (the “Final Settlement Statement”) setting forth Sellers’ Seller’s calculation of the final adjustments to be made to the Base Purchase Price in accordance with pursuant to Section 2.04. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price2.1.

Appears in 1 contract

Samples: Purchase Agreement (EV Energy Partners, LP)

Final Settlement Statement. (a) As soon as practical and, in any event, no later than ninety (90) calendar days On or before the 120th day after the Closing DateClosing, Sellers Seller shall prepare and deliver to Buyer in accordance with this Agreement, a statement (the “Final Settlement Statement”) setting forth Sellers’ Seller’s calculation of the final adjustments to be made to the Base Purchase Price in accordance with pursuant to Section 2.042.1. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.8

Appears in 1 contract

Samples: Purchase Agreement

Final Settlement Statement. (a) As soon as practical and, in any event, no later Not more than ninety (90) calendar days after the Closing DateClosing, Sellers Seller shall prepare and deliver provide its reasonable assistance to Buyer a statement (the “Final Settlement Statement”) setting forth Sellers’ calculation of the adjustments to the Purchase Price in accordance with Section 2.04. The Final Settlement Statement shall be prepared assure that, in accordance with this Agreement and on Agreement, a basis consistent with the preparation Final Settlement Statement is delivered to Buyer setting forth each adjustment or payment which was not finally determined as of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ showing the calculation of such adjustments. As soon as practicable after receipt of the Adjusted Purchase Price.Final Settlement Statement, Buyer shall deliver to Seller a written report containing any changes which Buyer proposes be made to the Final

Appears in 1 contract

Samples: Purchase and Sale Agreement (Chancellor Group Inc/)

AutoNDA by SimpleDocs

Final Settlement Statement. (a) As soon as practical and, in any event, no later than ninety (90) calendar Within 60 days after following the Closing Date, Date Sellers shall prepare and deliver to Buyer a statement SHALL PREPARE A STATEMENT (the “THE "Final Settlement Statement") setting forth Sellers’ calculation the Base Purchase Price and each adjustment thereto as provided in Section 2.05 which was not finally determined as of the adjustments Closing. Sellers and Buyer shall make available to the Purchase Price other party all books, records and other information in accordance their possession or control, and the assistance of personnel who are familiar with Section 2.04. The Final Settlement Statement shall same, as may be prepared reasonably requested in accordance with this Agreement and on a basis consistent connection with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase PriceFinal Settlement Statement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Giant Industries Inc)

Final Settlement Statement. (a) As soon as practical andreasonably practicable, but in any event, no event later than ninety one hundred eighty (90180) calendar days Days after the Closing Dateend of the Transition Period, Sellers Seller shall prepare and deliver to Buyer a statement setting forth the adjustments to the Purchase Price pursuant to this Article 6 and any other adjustments to the Purchase Price expressly permitted hereunder, in substantially the form of the Preliminary Settlement Statement (the “Final Settlement Statement”) setting forth Sellers’ calculation of ). Upon request, Seller shall provide accounting support for any entry on the adjustments to the Purchase Price in accordance with Section 2.04. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.Final

Appears in 1 contract

Samples: Purchase and Sale Agreement

Final Settlement Statement. (a) As soon as practical and, in any event, no Buyer shall deliver the Final ---------------------------- Settlement Statement to Seller not later than ninety (90) 90 days after Closing, together with such supplemental calculations and information as shall be reasonably necessary or appropriate to enable Seller to determine the accuracy thereof. Within 30 calendar days after of Seller's receipt of the Closing Date, Sellers shall prepare and deliver to Buyer a statement (the “Final Settlement Statement”) setting forth Sellers’ calculation of , Seller shall notify Buyer in writing whether Seller approves the adjustments to the Purchase Price in accordance with Section 2.04. The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.Final

Appears in 1 contract

Samples: Purchase and Sale Agreement (Boots & Coots International Well Control Inc)

Final Settlement Statement. (a) As soon as practical and, in any event, no later than ninety (90) calendar days after the Closing Date, Sellers shall prepare and deliver to Buyer a statement (the “Final Settlement Statement”) setting forth Sellers’ calculation of the Net Working Capital Adjustment and the adjustments to the Purchase Price in accordance with Section 2.04). The Final Settlement Statement shall be prepared in accordance with this Agreement and on a basis consistent with the preparation of the Closing Statement as described in Section 2.04(d2.04(e), and shall set forth Sellers’ calculation of the Adjusted Purchase Price.

Appears in 1 contract

Samples: Asset Purchase Agreement (Basic Energy Services, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.