Settlement Sheet Clause Samples
A Settlement Sheet clause defines the requirement for a detailed statement that outlines all financial transactions and adjustments related to a particular agreement or transaction. Typically, this sheet itemizes payments, credits, deductions, and any other monetary considerations between the parties, ensuring that both sides have a clear record of what is owed and paid. Its core function is to promote transparency and prevent disputes by providing an authoritative summary of the financial aspects of the deal.
Settlement Sheet. At the Closing, Seller and Buyer shall execute a closing settlement sheet to reflect the credits, prorations and adjustments contemplated by or specifically provided for in this Agreement.
Settlement Sheet. ▇▇▇▇ of Sale for all Tangible Personal Property.
Settlement Sheet. At Closing, Transferor and Transferee shall execute the Closing Statement to reflect the credits, prorations and adjustments contemplated by or specifically provided for in this Agreement. The Closing Statement shall not duplicate the Proration Schedule and shall be prepared by the Title Company and approved by Transferee and Transferor, both acting reasonably.
Settlement Sheet. A closing statement to be executed by Seller and Buyer, setting forth the prorations and adjustments to the Purchase Price as required by this Agreement.
Settlement Sheet. Unbuilt Apartment Upgrades
Settlement Sheet. At the time of Settlement, which shall be prior to the Designated Occupancy Date or Occupancy, whichever is earlier, Resident shall pay the remaining sum of the Entrance Fee plus, if applicable, the remaining balance of the cost of the Structural Upgrades. This payment reflects the remaining balance of the total Entrance Fee less the Reservation Fee and, if applicable, the Interim Payment. Failure to pay the total Entrance Fee in full at Settlement, for reasons other than death, illness, injury or incapacity, will result in forfeiture of the Reservation Fee and, if applicable, the Interim Payment, and the termination of this Agreement.
Settlement Sheet. At Closing, at the request of either Transferor or Transferee, Transferor and Transferee shall execute the Closing Statement to reflect the credits, prorations CBL Contribution Agreement pa-1178579 v8 and adjustments contemplated by or specifically provided for in this Agreement, subject to Section 10.1. The Closing Statement shall not duplicate the Proration Schedule and shall be prepared by the Title Company and approved by Transferee and Transferor, both acting reasonably.
Settlement Sheet. If the City decides to move to the new SunView Portal, the City will have controlled access to deposit account statements, balances and transaction details through the SunView Portal.
Settlement Sheet. (a) The parties agree that (i) upon the Closing Date, the Sellers’ Rep shall deliver to the Buyer Group Rep a settlement sheet and funds flow (the “Settlement Sheet”), prepared, delivered, and signed by Sellers’ Rep, which Settlement Sheet shall set forth the allocation of the Estimated Transaction Consideration, in accordance with Section 2.01(c), and related payments among the applicable recipients thereof, and (ii) the Buyer Group shall be entitled to rely conclusively on such Settlement Sheet as delivered by Sellers’ Rep and shall have no responsibility or liability for, and shall not be deemed to have verified or assumed any obligation with respect to, the accuracy of the calculations, the allocation of amounts, or the designation of payees set forth therein.
(b) Any issuance of the Canadian Equity Purchase Consideration, the Purchased BLBD Parent Special Voting Preferred Stock or BLBD Parent Stock in connection with the Transactions may be accomplished, at the option of the Buyers, by issuing stock certificates to the recipient, by issuing such securities in uncertificated, direct registration form, as permitted by applicable Law and Governing Documents. In the case of a Buyer who maintains a third party transfer agent and registrar with respect to its securities, an issuance will be deemed made if the relevant Buyer issues instructions to its transfer agent and registrar to issue the securities, provided such issuance is effected by the transfer agent and registrar a reasonable number of days after it has received the instructions and all information from the securities recipients such transfer agent and registrar may reasonably request.
Settlement Sheet. Event Date Renter