Interim Completion Statement definition
Examples of Interim Completion Statement in a sentence
The Interim Completion Statement shall be provided no later than ten (10) calendar days prior to the anticipated Completion Date and shall be in the form set out in Schedule 4.
This Interim Completion Statement shall be in the format set out in Schedule 4.
The Interim Completion Statement shall be provided no later than ten (10) Business Days prior to the date agreed by the Parties to be the estimated Completion Date.
The Seller and the Purchaser agree that if the information required for such timely preparation of the Interim Completion Statement is not available, the Seller’s best estimate of such information shall be substituted.
The Seller and the Purchaser shall liaise on the compilation and agreement of the Interim Completion Statement and the Final Completion Statement and the Seller shall provide to the Purchaser, as soon as reasonably practicable, all the Seller’s calculations (and supporting documents) in the preparation of the Adjustments for verification purposes including such explanations and methodology as the Purchaser shall reasonably require.
The Seller may update the same and the Parties shall endeavour to agree the Interim Completion Statement before Completion, failing which the matter shall be dealt with in accordance with Clauses 3.11 and 3.13.
Without prejudice to the generality of the foregoing, subject to and to the extent of any confidentiality obligations by which it is bound, the Seller shall provide the Purchaser with copies of all Operators’ reports, billing statements and correspondence and any other relevant documentation in its possession necessary to support the Interim Completion Statement and the Final Completion Statement.
The Seller may update the same and the Parties shall endeavour to agree the Interim Completion Statement before Completion, failing which the matter shall be dealt with in accordance with Clauses 3.9 and 3.
The Seller and the Buyer shall liaise on the compilation and agreement of the Interim Completion Statement and the Final Completion Statement and the Seller shall provide to the Buyer, as soon as reasonably practicable, all the Seller’s calculations (and supporting documents) in the preparation of the Adjustments for verification purposes including such explanations and methodology as the Buyer shall reasonably require.
Without prejudice to the foregoing, the Buyer shall procure that the Asset Sellers shall deliver the Interim Completion Statement and the Final Completion Statement pursuant to clause 8 of the Asset Sale Agreements in a form and with a content approved by K▇▇▇-▇▇▇▇▇ and take and only take such other action pursuant to such clause as K▇▇▇-▇▇▇▇▇ may reasonably direct (in each case only in so far as this is consistent with the performance of the Asset Seller’s obligations under the Asset Sale Agreements).