Final Settlement Statement definition
Examples of Final Settlement Statement in a sentence
On or before December 31, 2025, BKV Corporation shall or shall cause Purchaser to wire an amount equal to the Deferred Cash Consideration to an account designated by Seller in writing; provided that BKV Corporation and Purchaser shall be entitled to retain a portion of the Deferred Cash Consideration equal to the amount (if any) set forth in the Final Settlement Statement that has not been finally determined pursuant to Section 2.7 as of December 31, 2025 (such amount, the “Disputed Amount”).
The amount of the Purchase Price set forth in the Final Settlement Statement shall become final, conclusive and binding on the Parties for all purposes of this Agreement, unless Seller delivers to Purchaser a Dispute Notice prior to the expiration of the Review Period.
Concurrently with the delivery of the Final Settlement Statement, Purchaser shall deliver to Seller all documentation reasonably necessary to support and verify the items for which adjustments are proposed or made in the Final Settlement Statement delivered by Purchaser.