Interim Estimate definition
Examples of Interim Estimate in a sentence
Seller and Purchaser shall confer in good faith for ten (10) Business Days following the earlier of the date on which Purchaser delivers a Purchaser’s Interim Estimate Objection to Seller and the seventh (7th) Business Day following the Closing Date (the “Interim Period”) to attempt to reach agreement regarding the Purchaser’s Interim Estimate Objection or any Objection Amount not resolved during the Estimate Resolution Period, as applicable.
If you do not submit an Interim Estimate, Payments 1 and 2 will be combined and paid on the second month.
If Purchaser delivers to Seller a timely Purchaser’s Interim Estimate Objection, such Purchaser’s Interim Estimate Objection shall be deemed to supersede any Objection Amount not resolved during the Estimate Resolution Period.