Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / post-closing-proration-true-up-memorandum.docx
post-closing-proration-true-up-memorandum.docx
Parties
Harkness LLP
Ashford Prewitt LLP
Blackridge Hayes LLP
Mercer Valuation Advisors LLC
Argyle Property Services LLC
Fairwater Property Management LLC
Callaway Risk Advisors LLC
Palmetto Data Solutions LLC
Dates
August 22, 2024
February 28, 2024
April 12, 2024
May 28, 2024
June 6, 2024
September 4, 2024
May 31, 2024
June 4, 2024
June 5, 2024
January 1, 2024
Amounts
$347,218
$1,100,000,000
$612,000,000
$488,000,000
$1,070,000
$486,930,000
$4,283,000
$14,760,000
$6,332,951
$1,850,000
Obligations
04(b) of the Agreement, the final proration statement must be delivered within ninety (90) days of the Closing Date, establishing a contractual deadline of September 4, 2024
Upon mutual agreement by the parties, the owing party (Seller) is required to remit the net adjustment by wire transfer within ten (10) business days, per Section 9
The final proration statement must be prepared and delivered by Buyer to Seller within ninety (90) days after the Closing Date
04(d) provides that either party may submit the dispute to an independent certified public accountant mutually agreed upon by the parties, whose determination shall be final, binding, and non-appealable, with costs shared equally
The actual Pre-Closing Period shortfall of $182,320 has been accounted for, and the remaining balance of the reserve — $1,667,680 — must be released