Common use of Indebtedness Statement Clause in Contracts

Indebtedness Statement. As promptly as practicable, but not later than thirty (30) days after the Closing, the Company shall deliver to SpinCo a statement (the "Indebtedness Statement") setting forth a good faith determination of the amount of all Indebtedness of the Company and its Subsidiaries as of the Closing (the “Closing Indebtedness”).

Appears in 2 contracts

Sources: Separation Agreement (Symmetry Surgical Inc.), Separation Agreement (Symmetry Medical Inc.)