Example ContractsClausesClosing Statement
Closing Statement
Closing Statement contract clause examples

Closing Statement. A closing statement setting forth the Purchase Price, Deposits, the Extension Deposit, if any, all credits, adjustments and prorations between Buyer and Seller, the net cash to close due Seller and all closing costs and other expenses.

Closing Statement. The applicable MPT Parties shall have executed and delivered to the Prospect Medical Parties the Closing Statement.

Closing Statement. Not less than three (3) Business Days prior to the anticipated Closing Date, Emmis will deliver to Sinclair a written statement (the “Estimated Closing Statement”) setting forth # Emmis’ good-faith estimate of the amount of Net Working Capital (the “Estimated Net Working Capital ”), and # the Estimated Closing Consideration.

Closing Statement. At Closing, Buyer and Seller will jointly prepare a “Closing Statement,” which shall show the net amount due to Seller or to Buyer as a result of the adjustments and prorations herein required. Except as herein set forth, the Closing Statement as agreed to between Buyer and Seller shall be final, binding and conclusive, absent fraud.

Closing Statement. Within 120 days after the Closing Date, the Buyer shall prepare and deliver, or cause to be prepared and delivered, to the Seller Representative a statement (the “Closing Statement”) setting forth the calculation of # the Net Working Capital as of 11:59 p.m. Singapore time on the day immediately prior to the Closing Date (the “Final Working Capital”) together with the amount of the Working Capital Underage or Working Capital Overage; # the outstanding Cash as of 11:59 p.m. Singapore time on the date immediately prior to the Closing Date (the “Final Cash”); # the outstanding Indebtedness of the Acquired Companies as of immediately prior to the Closing (the “Final Indebtedness”); # the Selling Expenses (the “Final Selling Expenses”); and # the Employee Payments (the “Final Employee Payments”); and # the resulting calculation of the final Purchase Price, in each case, with reasonable supporting detail and taking into account the definitions and principles included in this Agreement.

Closing Statement. The Closing Statement prepared pursuant to Section 9.1.

Closing Statement. The Prospect Medical Parties shall have executed and delivered to the MPT Parties a Closing Statement regarding the transactions contemplated herein, and which in form and substance satisfactory to the Parties (the "Closing Statement").

Closing Statement. No later than the day prior to Closing, the Parties shall jointly prepare or cause the Escrow Agent to prepare prior to Closing a closing statement (the “Closing Statement”), which shall set forth their best estimate of the amounts of the items to be adjusted and prorated under this Agreement. The Closing Statement shall be approved and executed by the Parties at Closing, and such adjustments and Prorations shall be final with respect to the items set forth in the Closing Statement, except to the extent any such items shall be re-prorated after the Closing as expressly set forth in Section 9.2.

Closing Statement. A closing statement conforming to the prorations and other relevant provisions of this Agreement.

Closing Statement. A closing statement between Seller and Buyer, reflecting the Purchase Price, the Deposits, the Extension Deposit, if any, prorations and 1796689v8

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.