Closing Funded Indebtedness definition

Closing Funded Indebtedness means the aggregate amount of all Funded Indebtedness as of the Reference Time.

Closing Funded Indebtedness has the meaning ascribed to such term in Section 2.3(b).

Closing Funded Indebtedness means the aggregate amount of Funded Indebtedness of the Company and the Subsidiaries outstanding at the Closing Time, determined in accordance with GAAP.

Examples of Closing Funded Indebtedness in a sentence

• The Sellers shall pay all Taxes owed with respect to such Tax Returns except to the extent such Taxes are reflected on the Closing Net Working Capital or Closing Funded Indebtedness; provided, however, that to the extent the amount of a given Tax reflected on the Closing Net Working Capital or Closing Funded Indebtedness exceeds such Tax calculated pursuant to this Section 6.9(a), Buyer shall pay to Sellers the amount of such excess within fifteen (15) days after the date on which such Income Tax is paid.

• The amounts of each of the Closing Company Transaction Expenses, the Closing Funded Indebtedness, the Closing Cash on Hand and the Closing Working Capital and the Net Adjustment Amount, in each case as finally determined pursuant to this Section 2.1, shall become final, binding and non-appealable on the Parties.

• The purchase price for the Initial Transferred Equity Interests shall be an amount in Dollars equal to the Base Amount, as adjusted by the Closing Cash Amount, the Closing Net Working Capital Excess Amount, the Closing Net Working Capital Deficiency Amount, the Closing Funded Indebtedness, and the Closing Transaction Related Expenses, in each case as applicable and in accordance with Sections 2.6 and 2.13.

• Vatroslav Jagić, review of Methodievskij yubilejnyi sobornik, in ‘Kritische Notizen’,Archiv für slavische Philologie, 10, 1887, pp.

• Notwithstanding the foregoing, in the event that the principal amount outstanding as of the Closing Date under the Company's revolving credit facility with NBD Bank and First Chicago NBD Bank, Canada (the "REVOLVER"), is less than $6,900,000 (the "MINIMUM REVOLVER AMOUNT"), then for purposes of this Agreement the Closing Funded Indebtedness shall be calculated as if the Minimum Revolver Amount were in fact the principal amount outstanding as of the Closing Date under the Revolver.

More Definitions of Closing Funded Indebtedness

Closing Funded Indebtedness means, without duplication, the obligations of the Group Companies outstanding and unpaid immediately prior to the Closing (excluding any undrawn amounts under credit lines or revolving (or similar) credit facilities, and excluding any indemnification or contingent obligations not then owing) under any Funded Indebtedness.

Closing Funded Indebtedness means, without duplication, the obligations of the Acquired Companies outstanding and unpaid as of the Effective Time (excluding any undrawn amounts under credit lines or revolving (or similar) credit facilities, and excluding any indemnification or contingent obligations not then owing) under any Funded Indebtedness.

Closing Funded Indebtedness is defined in Section 2.1(e).

Closing Funded Indebtedness means, without duplication and determined on a consolidated basis, the obligations of the Company outstanding and unpaid immediately prior to the Closing under any Funded Indebtedness. Closing Funded Indebtedness shall in no event include any Funded Indebtedness incurred at the direction of Buyer or any Affiliate thereof.

Closing Funded Indebtedness means the aggregate Indebtedness of the Companies (including principal, interest, prepayment penalties or fees, premiums, breakage amounts or other amounts payable in connection with prepayment) that remains unpaid as of the Closing, which would be required to be repaid in full in order to terminate all obligations under any Indebtedness of the Companies outstanding as of the Closing.

Closing Funded Indebtedness means the aggregate amount of all Funded Indebtedness as of 11:59 P.M. Eastern Time on the date immediately prior to the Closing Date; provided, that the Net Current Tax Amount shall be calculated as of the close of the Closing Date in accordance with the definition thereof.

Closing Funded Indebtedness means, without duplication, the obligations of the Purchased Company outstanding and unpaid immediately prior to the Closing (which obligations include any principal, accrued interest, fees, costs, penalties or make-whole or similar payments in connection therewith, but excluding any undrawn amounts under credit lines or revolving (or similar) credit facilities) under any Funded Indebtedness.