Closing Funded Indebtedness definition

Closing Funded Indebtedness means, without duplication, the obligations of the Group Companies outstanding and unpaid immediately prior to the Closing (excluding any undrawn amounts under credit lines or revolving (or similar) credit facilities, and excluding any indemnification or contingent obligations not then owing) under any Funded Indebtedness.

Closing Funded Indebtedness means the aggregate amount of Funded Indebtedness that remains unpaid as of immediately prior to the Closing.

Closing Funded Indebtedness has the meaning ascribed to such term in Section 2.3(b).

Examples of Closing Funded Indebtedness in a sentence

• The Sellers shall pay all Taxes owed with respect to such Tax Returns except to the extent such Taxes are reflected on the Closing Net Working Capital or Closing Funded Indebtedness; provided, however, that to the extent the amount of a given Tax reflected on the Closing Net Working Capital or Closing Funded Indebtedness exceeds such Tax calculated pursuant to this Section 6.9(a), Buyer shall pay to Sellers the amount of such excess within fifteen (15) days after the date on which such Income Tax is paid.

• The amounts of each of the Closing Company Transaction Expenses, the Closing Funded Indebtedness, the Closing Cash on Hand and the Closing Working Capital and the Net Adjustment Amount, in each case as finally determined pursuant to this Section 2.1, shall become final, binding and non-appealable on the Parties.

• The purchase price for the Initial Transferred Equity Interests shall be an amount in Dollars equal to the Base Amount, as adjusted by the Closing Cash Amount, the Closing Net Working Capital Excess Amount, the Closing Net Working Capital Deficiency Amount, the Closing Funded Indebtedness, and the Closing Transaction Related Expenses, in each case as applicable and in accordance with Sections 2.6 and 2.13.

• How- ever, the permanent nature of satellite and terrestrial RFI requires a different approach.The C-band satellite frequency allocation is from 3.7 to 4.2 GHz, out of the C-BASS band.

• The Company shall pay for the third-party costs and expenses of preparing and filing all Seller Returns and, subject to the provisions of Article 8, the Company shall pay all Taxes reflected as due and payable on all Seller Returns (except to the extent included in Closing Working Capital or Closing Funded Indebtedness).

More Definitions of Closing Funded Indebtedness

Closing Funded Indebtedness means the aggregate amount of Funded Indebtedness of the Company and the Subsidiaries outstanding at the Closing Time, determined in accordance with GAAP.

Closing Funded Indebtedness is defined in Section 2.1(e).

Closing Funded Indebtedness means the aggregate amount of all Funded Indebtedness as of the Reference Time.

Closing Funded Indebtedness means the aggregate outstanding amount of Funded Indebtedness of the Company as of immediately prior to the Closing other than the amounts and liabilities specified on Exhibit C.

Closing Funded Indebtedness means, without duplication, the obligations of the Purchased Company outstanding and unpaid immediately prior to the Closing (which obligations include any principal, accrued interest, fees, costs, penalties or make-whole or similar payments in connection therewith, but excluding any undrawn amounts under credit lines or revolving (or similar) credit facilities) under any Funded Indebtedness.

Closing Funded Indebtedness means the aggregate amount of all Funded Indebtedness as of 11:59 P.M. Eastern Time on the date immediately prior to the Closing Date; provided, that the Net Current Tax Amount shall be calculated as of the close of the Closing Date in accordance with the definition thereof.

Closing Funded Indebtedness is defined in Section 1.1 of this Agreement.