Closing Statement definition
Examples of Closing Statement in a sentence
If Purchaser disputes the amounts set forth on the Closing Statement, Purchaser shall prepare and deliver to Sellers, within ninety (90) calendar days after the Closing, a statement setting forth any such Leakage Amounts and Transaction Expenses (whether identified by Sellers or Purchaser), in each case, including reasonable supporting documentation related to such information and amounts (the “Dispute Notice”).
During the period after the delivery of the Closing Statement and prior to the Closing, Purchaser shall have an opportunity to review the Closing Statement and Sellers shall reasonably cooperate with Purchaser in good faith to respond to any questions regarding the Closing Statement raised by Purchaser if the Closing Statement was delivered to Purchaser in accordance with this Section 3.2(a).