Common use of Post-Closing Reconciliation Clause in Contracts

Post-Closing Reconciliation. If any of the aforesaid prorations cannot be calculated accurately on the Closing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent proration(s) shall promptly pay said sum to the other party.

Appears in 2 contracts

Samples: Purchase Agreement (Clean Energy Fuels Corp.), Purchase Agreement (Fisher Communications Inc)

AutoNDA by SimpleDocs

Post-Closing Reconciliation. If any of the aforesaid prorations cannot be calculated accurately on the Closing Date, then they shall be estimated prior to the Closing and re-calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent proration(s) shall promptly pay said sum to the other party.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Integrated Silicon Solution Inc)

Post-Closing Reconciliation. If any of the aforesaid foregoing prorations cannot be calculated accurately on the Closing DateClosing, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent proration(s) prorations shall promptly pay said such sum to the other party.

Appears in 2 contracts

Samples: Agreement for Purchase and Sale, Agreement for Purchase and Sale

Post-Closing Reconciliation. If any of the aforesaid foregoing prorations cannot be calculated accurately on the Closing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party owing the other party a sum of money based on such subsequent proration(s) prorations shall promptly pay said such sum to the other party.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale, Agreement of Purchase and Sale

AutoNDA by SimpleDocs

Post-Closing Reconciliation. If any of the aforesaid prorations cannot be calculated accurately on the Closing Date, then they shall be calculated as soon after the Closing Date as feasible. Either party Buyer or Seller owing the any such other party a sum of money based on such subsequent proration(s) shall promptly pay said sum to the other party.

Appears in 1 contract

Samples: Purchase Agreement (Kindred Biosciences, Inc.)

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