Common use of Post-Closing Reconciliation Clause in Contracts

Post-Closing Reconciliation. If any of these prorations cannot be calculated accurately on the Closing Date, then they shall be calculated or recalculated as soon after the Closing Date as feasible. Any sums owed by one party to the other as a result of the calculations shall be paid within ten business days.

Appears in 4 contracts

Samples: Easement Agreement (Bedford Property Investors Inc/Md), Purchase Agreement (Bedford Property Investors Inc/Md), Financial Agreement and Escrow Instructions (Bedford Property Investors Inc/Md)

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Post-Closing Reconciliation. If any of these the aforesaid prorations cannot be calculated accurately on the Closing Date, then they shall be calculated or recalculated as soon after the Closing Date as feasible. Any sums owed by one Either party owing the other party a sum of money based on such subsequent proration(s) shall promptly pay said sum to the other as a result party, from the Closing Date to the date of the calculations shall be paid payment if payment is not made within ten business days(10) days after delivery of a bill therefor.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Starbucks Corp)

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Post-Closing Reconciliation. If any of these prorations cannot be calculated accurately on the Closing Date, then they shall be calculated or recalculated as soon after the Closing Date as feasible. Any sums owed by one party to the other as a result of the calculations shall be paid within ten business days.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Escrow Instructions (Thoratec Corp)

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