Closing Aggregate Amount definition

Closing Aggregate Amount means the sum of (i) the amount, if any, by which the Closing Accounts Receivable Amount exceeds the Target Accounts Receivable Amount; plus (ii) the amount, if any, by which the Closing Inventory Amount exceeds the Target Inventory Amount; plus (iii) the amount, if any, by which the Closing Prepaid Assets Amount exceeds the Target Prepaid Assets Amount; plus (iv) the amount, if any, by which the Target Trade Payables Amount exceeds the Closing Trade Payables Amount; plus (v) the amount, if any, by which the Target Accrued Expenses Amount exceeds the Closing Accrued Expenses Amount; minus (vi) the amount, if any, by which the Target Accounts Receivable Amount exceeds the Closing Accounts Receivable Amount; minus (vii) the amount, if any, by which the Target Inventory Amount exceeds the Closing Inventory Amount; minus (viii) the amount, if any, by which the Target Prepaid Assets Amount exceeds the Closing Prepaid Assets Amount; minus (ix) the amount, if any, by which the Closing Trade Payables Amount exceeds the Target Trade Payables Amount; minus (x) the amount, if any, by which the Closing Accrued Expenses Amount exceeds the Targeted Accrued Expenses Amount. If the Closing Aggregate Amount is a positive number, it shall be referred to as the “Positive Closing Aggregate Amount” and if the Closing Aggregate Amount is a negative number, the absolute value of such number shall be referred to as the “Negative Closing Aggregate Amount”.
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Related to Closing Aggregate Amount

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Closing Amount has the meaning set forth in Section 2.3.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • Closing Payment Amount shall have the meaning set forth in Section 3.1(a).

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Allocation Amount means, as of the Closing Date, the Series 2017-1 Stated Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Allocation Amount determined as of the later of the Closing Date or the date of determination immediately prior to the then current date of determination, plus (b) the amount of all increases in the Series 2017-1 Stated Principal Amount resulting from the issuance of additional Series 2017-1 Notes since the prior date of determination, plus (c) all reimbursements, as provided in Section 4.04(e) or otherwise, of reductions in the Allocation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, minus (d) the amount of the reduction in the Allocation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.07, minus (e) the amount of the reduction in the Allocation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.08, minus (f) the amount deposited into the Principal Funding Account or (without duplication) deposited into the Distribution Account pursuant to Section 4.05(c) or paid to the Series 2017-1 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Allocation Amount may never be less than zero, (2) the Allocation Amount may never be greaterthan the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.14, the Allocation Amount will be reduced to zero upon such sale.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Aggregate Excess Funding Amount has the meaning specified in Section 2.2(c)(iv).

  • Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).

  • Broken Amount means, in respect of any Interest Payment Date, the amount specified in the relevant Final Terms.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Net Aggregate Prepayment Interest Shortfall With respect to any Distribution Date, the amount, if any, by which (a) the aggregate of all Prepayment Interest Shortfalls incurred in connection with the receipt of Principal Prepayments on the Mortgage Loans during the related Due Period, exceeds (b) the aggregate amount deposited by the Master Servicer in the Certificate Account for such Distribution Date pursuant to Section 3.19 in connection with such Prepayment Interest Shortfalls.