Closing Date Indebtedness definition
Closing Date Indebtedness means the aggregate amount of all Indebtedness of each of the Companies as of immediately prior to the Closing calculated in accordance with the Agreed Accounting Principles.
Closing Date Indebtedness means the amount of Indebtedness outstanding as of the Closing (without giving effect to the transactions contemplated herein), excluding (i) any Indebtedness that is included in the Working Capital calculations in accordance with Section 2.7 and (ii) any Indebtedness (including guarantees thereof) that will be released upon or immediately following the Closing.
Closing Date Indebtedness means Indebtedness as of 11:59 P.M. on the date immediately prior to the Closing Date.
Examples of Closing Date Indebtedness in a sentence
Purchaser (i) has, as of the Execution Date, sufficient cash on hand to enable Purchaser to fund the Deposit on the Execution Date and (ii) will have as of the Closing Date, sufficient cash, available lines of credit or other sources of immediately available funds to enable Purchaser to pay the Closing Date Indebtedness at Closing and the Deferred Cash Consideration when due.
More Definitions of Closing Date Indebtedness
Closing Date Indebtedness means the Debt of the Company as of the Reference Time determined in accordance with the Accounting Principles.
Closing Date Indebtedness shall have the meaning set forth in Section 1.2(a).
Closing Date Indebtedness has the meaning specified in Section 3.08(a).
Closing Date Indebtedness means the amount of Indebtedness of the Company and its Subsidiaries on a consolidated basis as of 11:59 p.m. Eastern Time on the date immediately preceding the Closing Date, calculated in accordance with the Accounting Principles. For illustrative purposes, an example calculation of Closing Date Indebtedness is set forth in Exhibit A-4.
Closing Date Indebtedness means all Indebtedness of the Company as of immediately prior to the Closing.
Closing Date Indebtedness means the aggregate Indebtedness of all Companies at the Closing.
Closing Date Indebtedness means Indebtedness described on Schedule 10.1.