Common use of Preliminary Information Clause in Contracts

Preliminary Information. At least three (3) Business Days prior to the Closing Date, Seller shall deliver to Purchasers a statement of Seller’s good-faith estimate of the Adjustment Amount (the “Estimated Adjustment Amount”), a good-faith estimate of the Closing Cash (the “Estimated Closing Cash”), a good-faith estimate of the Closing Date Indebtedness (the “Estimated Closing Indebtedness”) and a good-faith estimate of any Trayport Transaction Expenses (the “Estimated Trayport Transaction Expenses” and collectively, as the same may be adjusted, in Seller’s sole discretion, in response to any comments of Purchasers and their authorized representatives provided prior to the Closing, the “Estimated Closing Statement”), together with such reasonably detailed data appropriate to support such Estimated Closing Statement. The Estimated Closing Statement shall be prepared in accordance with the Accounting Principles and this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Intercontinental Exchange, Inc.), Stock Purchase Agreement (Intercontinental Exchange, Inc.)

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Preliminary Information. At least three (3) Business Days prior to the Closing Date, Seller Sellers shall deliver to Purchasers Purchaser a statement of Seller’s Sellers’ good-faith estimate of the Adjustment Amount (the “Estimated Adjustment Amount”), a good-faith estimate of the Closing Cash (the “Estimated Closing Cash”), a good-faith estimate of the Closing Date Indebtedness (the “Estimated Closing Indebtedness”) and a good-faith estimate of any Trayport Transaction Expenses (the “Estimated Trayport Transaction Expenses” and collectively, as the same may be adjusted, in Seller’s Sellers’ sole discretion, in response to any comments of Purchasers Purchaser and their its authorized representatives provided prior to the Closing, the “Estimated Closing Statement”), together with such reasonably detailed data appropriate to support such Estimated Closing Statement. The Estimated Closing Statement shall be prepared in accordance with the Accounting Principles and this Agreement.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Intercontinental Exchange, Inc.), Stock Purchase Agreement (Intercontinental Exchange, Inc.)

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