Closing Debt definition
Closing Debt means the aggregate principal amount of, and accrued interest on, all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.
Closing Debt means an amount equal to the sum of the Indebtedness of the Purchased Company and its Subsidiaries as of immediately prior to Closing.
Closing Debt means, as of the Calculation Time, the Debt of the Company, calculated in accordance with the Agreed Principles.
Examples of Closing Debt in a sentence
If the Closing Debt set out in the Final Closing Statement is greater than Estimated Closing Debt, then the Vendor will owe an amount equal to such excess to the Purchaser.
More Definitions of Closing Debt
Closing Debt means Debt as of the Measurement Time.
Closing Debt means Company’s Debt at the Closing Date pursuant to the Closing Balance Sheet.
Closing Debt has the meaning set forth in Section 2.10(a).
Closing Debt means the aggregate amount of all Debt of the Company as of the Time of Closing;
Closing Debt means the amount of Debt outstanding at Closing, including the costs of defeasance and redemption.
Closing Debt means the outstanding principal amount of, accrued and unpaid interest on, and other payment obligations (including any prepayment premiums, breakage costs and other related fees or liabilities payable on the Closing Date as a result of the prepayment thereof or the consummation of the transactions contemplated by
Closing Debt means, as of 12:01 a.m. Beijing time on the Closing Date, all Indebtedness of the Company for borrowed money, together with accrued and unpaid interest thereon, required to be reflected as Indebtedness on the balance sheet of the Company as of such time.