Closing Debt Amount definition
Closing Debt Amount means all Indebtedness for Borrowed Money of the Company or any of its Subsidiaries as of the close of business on the day immediately preceding the Closing Date.
Closing Debt Amount shall have the meaning set forth in Section 2.8(b).
Closing Debt Amount means the amount of Indebtedness of the Acquired Companies existing as of the Effective Time (without giving effect to any financing or refinancing transactions or repayment of existing Indebtedness taking place in connection with the Closing but including any interest, fees, premiums or penalties that accrue on such existing Indebtedness as a result of the Closing).
Examples of Closing Debt Amount in a sentence
The Proposed Final Closing Statement will be prepared in accordance with the Accounting Principles and the definitions of Closing Cash Amount, Closing Debt Amount, Unpaid Transaction Expenses, Net Working Capital, and Purchase Price.
The Estimated Closing Statement will be prepared in accordance with the Accounting Principles and the definitions of Closing Cash Amount, Closing Debt Amount, Unpaid Transaction Expenses, Net Working Capital, and Purchase Price.
More Definitions of Closing Debt Amount
Closing Debt Amount means, without duplication, the total amount of the Company’s Debt as of immediately prior to the Effective Time, but excluding all Unpaid Transaction Fees to the extent they would otherwise be considered part of the Closing Debt Amount.
Closing Debt Amount means the amount of Debt of the Company as of the close of business on the date hereof.
Closing Debt Amount means the total amount of Closing Debt as of immediately prior to the Closing.
Closing Debt Amount means, as of the Effective Time, the aggregate amount of all Indebtedness of the Company and the Subsidiaries.
Closing Debt Amount means the sum (without duplication) of the aggregate dollar amount of Company Indebtedness outstanding immediately prior to the Closing (including, for the avoidance of doubt, the aggregate dollar amount payable pursuant to the Payoff Letters), determined in accordance with the Accounting Principles.
Closing Debt Amount means the amount of Debt of the Company as of the Closing Date immediately prior to the Closing. “Code” means the U.S. Internal Revenue Code of 1986, as amended.
Closing Debt Amount means the amount of Indebtedness of the Target Companies existing as of the Closing (without giving effect to any financing or refinancing transactions or repayment of existing Indebtedness taking place in connection with the Closing (other than the repayment of the Promissory Note, which shall not be included in the Closing Debt Amount) but including any interest, fees, premiums or penalties that accrue on such existing Indebtedness as a result of the Closing), calculated in accordance with the Accounting Principles.