Closing Date Net Worth means Net Worth as of the close of business on the day before the Closing Date, after giving effect to (i) any cash dividends to Aon and (ii) the transactions contemplated by Sections 7.5 and 7.6.
Closing Date Net Worth means (i) the sum of all assets reflected in the Closing Date Balance Sheet minus (ii) the sum of all liabilities reflected in the Closing Date Balance Sheet.
Closing Date Net Worth shall equal total assets of the Companies at the time of Closing minus total liabilities of the Companies at the time of Closing, as set forth on the Closing Date Balance Sheet, which shall be determined in accordance with generally accepted accounting principles consistently applied ("GAAP").
Examples of Closing Date Net Worth in a sentence
If the Minimum Net Worth exceeds the Net Worth (as defined in paragraph (f) below) shown on the Closing Date Balance Sheet (the "CLOSING DATE NET WORTH"), the Seller shall pay to the Purchaser, as an adjustment to the Purchase Price, in immediately available funds, within five days of delivery of the Closing Date Balance Sheet to the Purchaser, the amount by which the Minimum Net Worth exceeds the Closing Date Net Worth.
More Definitions of Closing Date Net Worth
Closing Date Net Worth is defined in Section 1.4(a).
Closing Date Net Worth means the Actual Net Worth reflected on the Closing Date Balance Sheet.
Closing Date Net Worth has the meaning set forth in Section 1.6(a).
Closing Date Net Worth has the meaning set forth in Section 4.2(a).
Closing Date Net Worth shall have the meaning given in Section 1.3.1 of this Agreement.
Closing Date Net Worth shall have the meaning set forth in Section 2.1.9.
Closing Date Net Worth means the Closing Date Net Worth as defined in the ---------------------- Aerospace Agreement.