Final Closing Statement definition
Examples of Final Closing Statement in a sentence
The Estimated Purchase Price, as adjusted by the Post-Closing Adjustment, shall be the “Final Purchase Price.” Any such payment pursuant to this Section 2.4(d) shall be made by wire transfer of immediately available funds within five (5) Business Days after the determination of the Final Closing Statement to an account designated in writing by the Party entitled to the payment, which such account shall be designated within three (3) Business Days after the determination of the Final Closing Statement.
The “Post-Closing Adjustment” may be either a positive or negative amount, and shall be equal to the Final Purchase Price set forth in the Final Closing Statement, as finally determined, minus the Estimated Purchase Price set forth in the Estimated Closing Statement.