Common use of Preliminary Settlement Statement Clause in Contracts

Preliminary Settlement Statement. At Closing, the Purchase Price will be adjusted as set forth in Section 2.1.2, Section 2.2.2 and Section 2.2.3. No later than three (3) Business Days prior to the Closing Date, Seller will provide Buyer a preliminary settlement statement (the “Preliminary Settlement Statement”) identifying all adjustments known by Seller at the time of the preparation of the Preliminary Settlement Statement to be made at Closing. Seller and Buyer acknowledge that some items in the Preliminary Settlement Statement may be estimates or otherwise subject to change in the Final Settlement Statement.

Appears in 2 contracts

Samples: Purchase Agreement (Centennial Resource Development, Inc.), Purchase Agreement (Centennial Resource Development, Inc.)

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Preliminary Settlement Statement. At Closing, the Purchase Sale Price will be adjusted as set forth in Section 2.1.2, Section Sections 2.2.2 and Section 2.2.3. No later than three five (35) Business Days business days prior to the Closing DateClosing, Seller Sellers, will provide to Buyer a preliminary settlement statement identifying all adjustments to the Sale Price to be made at Closing (the “Preliminary Settlement Statement”) identifying all adjustments known by Seller at the time of the preparation of the Preliminary Settlement Statement to be made at Closing). Seller Sellers and Buyer acknowledge that some items in the Preliminary Settlement Statement may be estimates or otherwise subject to change in the Final Settlement Statement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Mdu Resources Group Inc)

Preliminary Settlement Statement. At Closing, the Purchase Sale Price will be adjusted as set forth in Section 2.1.2, Section Sections 2.2.2 and Section 2.2.3. No later than three five (35) Business Days business days prior to the Closing DateClosing, Seller will provide to Buyer a preliminary settlement statement (the “Preliminary Settlement Statement”) identifying all adjustments known by Seller at to the time of the preparation of the Preliminary Settlement Statement Sale Price to be made at ClosingClosing (the APreliminary Settlement Statement@). Seller and Buyer acknowledge that some items in the Preliminary Settlement Statement may be estimates or otherwise subject to change in the Final Settlement StatementStatement for the Interests to be prepared pursuant to Section 2.3 hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Greka Energy Corp)

Preliminary Settlement Statement. At Closing, the Purchase Price will be adjusted as set forth in Section 2.1.2, Section Sections 2.2.2 and Section 2.2.3. No later than three five (35) Business Days days prior to the Closing DateClosing, Seller ASSIGNOR will provide Buyer ASSIGNEE a preliminary settlement statement (the “Preliminary Settlement Statement”) identifying all adjustments known by Seller at to the time of the preparation of the Preliminary Settlement Statement Purchase Price to be made at ClosingClosing (the "PRELIMINARY SETTLEMENT STATEMENT"). Seller ASSIGNOR and Buyer ASSIGNEE acknowledge that some items in the Preliminary Settlement Statement may be estimates or otherwise subject to change in the Final Settlement Statementfinal settlement statement for the Property, to be prepared pursuant to Section 2.3.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Southwest Royalties Holdings Inc)

Preliminary Settlement Statement. At Closing, the Purchase Price will be adjusted as set forth in Section 2.1.2, Section Sections 2.2.2 and Section 2.2.3. No later than three (3) Business Days days prior to the Closing Date, Seller ASSIGNOR will provide Buyer ASSIGNEE a preliminary settlement statement (the “Preliminary Settlement Statement”) identifying all adjustments known by Seller at to the time of the preparation of the Preliminary Settlement Statement Purchase Price to be made at ClosingClosing (the "Preliminary Settlement Statement"). Seller ASSIGNOR and Buyer ASSIGNEE acknowledge that some items in the Preliminary Settlement Statement may be estimates or otherwise subject to change in the Final Settlement StatementStatement for the Property, to be prepared pursuant to Section 2.3.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Gasco Energy Inc)

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Preliminary Settlement Statement. At Closing, the Purchase Price will be adjusted as set forth in Section Sections 2.1.2, Section 2.2.2 and Section 2.2.3. No later than three (3) Business Days days prior to the Closing Date, Seller SELLER will provide Buyer BUYER a preliminary settlement statement identifying all adjustments to the Purchase Price to be made at Closing (the “Preliminary Settlement Statement”) identifying all adjustments known by Seller at the time of the preparation of the Preliminary Settlement Statement to be made at Closing). Seller SELLER and Buyer BUYER acknowledge that some items in the Preliminary Settlement Statement may be estimates or otherwise subject to change in the Final Settlement StatementStatement for the Property.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Parsley Energy, Inc.)

Preliminary Settlement Statement. At Closing, the Purchase Price will be adjusted as set forth in Section 2.1.2, Section Sections 2.2.2 and Section 2.2.3. No later than three five (35) Business Days business days prior to the Closing DateClosing, Seller ASSIGNOR will provide Buyer ASSIGNEE a preliminary settlement statement (the “Preliminary Settlement Statement”) Statement identifying all adjustments known by Seller at to the time of the preparation of the Preliminary Settlement Statement Purchase Price to be made at ClosingClosing (the "Preliminary Settlement Statement"). Seller ASSIGNOR and Buyer ASSIGNEE acknowledge that some items in the Preliminary Settlement Statement may be estimates or otherwise subject to change in the Final Settlement StatementStatement for the Property, to be prepared pursuant to Section 2.3.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Stone Energy Corp)

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