Actual Indebtedness definition

Actual Indebtedness has the meaning set forth in Section 2.7(a).

Actual Indebtedness will have the meaning set forth in Section 1.4(b)(v).

Actual Indebtedness shall have the meaning set forth in Section 2.3(b).

Examples of Actual Indebtedness in a sentence

• Further, the calculation of any Losses subject to indemnification shall be calculated net of any amounts expressly included in the final determination of Actual Working Capital, Actual Cash, Actual Indebtedness and Actual Transaction Expenses so as to avoid double-counting.

• If, pursuant to Section 2.6(a) above, there is a dispute as to the final determination of the Actual Cash Amount, the Actual Indebtedness Amount, the Actual Net Working Capital Amount or the Actual Capital Expenditures Amount, the Company and the Existing Stockholder shall promptly pay to the other, as appropriate, such amounts as are not in dispute, pending final determination of such dispute pursuant to Section 2.6(a).

• For the avoidance of doubt, any and all disputes with regard to the calculation of Actual Working Capital, Actual Cash, Actual Indebtedness and Actual Transaction Expenses shall first be determined in accordance with the provisions set forth in Section 2.7 prior to consideration of the terms of this Article VIII even if such disputes may also relate to or could be considered to be a claim for indemnification under this Article VIII.

• If the Actual Indebtedness Amount is greater than the Estimated Indebtedness Amount, the Stockholder will, within five (5) Business Days after the determination thereof, pay to the Company an amount equal to the Actual Indebtedness Amount minus the Estimated Indebtedness Amount.

• If the Actual Indebtedness Amount is less than the Estimated Indebtedness Amount, the Company will, within five (5) Business Days after the determination thereof, pay to the Stockholder an amount equal to the Estimated Indebtedness Amount minus the Actual Indebtedness Amount.

More Definitions of Actual Indebtedness

Actual Indebtedness has the meaning Section 3.1(e)(iii) specifies.

Actual Indebtedness is defined in Section 2.3(b).

Actual Indebtedness means the Indebtedness as at the Effective Time, as set out in the Completion Accounts;

Actual Indebtedness. Section 1.5.1

Actual Indebtedness means the aggregate of UK Actual Indebtedness, French Actual Indebtedness and NL Actual Indebtedness;

Actual Indebtedness means the final amount of Indebtedness of the Company Entities on the Final Closing Statement determined pursuant to Section 1.4(b)(iii) or 1.4(b)(iv). “Actual Company Transaction Expenses” means the final amount of unpaid Company Transaction Expenses on the Final Closing Statement determined pursuant to Section 1.4(b)(iii) or 1.4(b)(iv). “Actual Closing Bonus Payments” means the final amount of Closing Bonus Payments (including the amount of the Company’s portion of the payroll taxes) on the Final Closing Statement determined pursuant to Section 1.4(b)(iii) or 1.4(b)(iv). If the Purchaser fails to deliver the Closing Statement to the Seller within the sixty (60) day period specified in this Section 1.4(b)(ii), at the Seller’s sole election and discretion, the Purchaser shall be deemed to have accepted the Flow of Funds Memorandum as final; the Seller shall have the option to otherwise enforce its rights and remedies under this Agreement with respect to the Purchaser’s failure to timely deliver the Closing Statement to the Seller.

Actual Indebtedness. “Actual Current Liabilities” and “Actual Seller Transaction Expenses”, respectively, for all purposes herein.