Closing Indebtedness definition

Closing Indebtedness means the Indebtedness of the Company that remains outstanding and unpaid as of immediately prior to the Closing.

Closing Indebtedness has the meaning set forth in Section 2.05(a).

Closing Indebtedness means the aggregate amount of Indebtedness of the Group Companies as of the Adjustment Time.

Examples of Closing Indebtedness in a sentence

• The Final Pension Underfunding Amount as determined by Xxxxxx shall be final, conclusive and binding on the Parties, absent a showing of fraud or manifest error, and shall be the used as the amount of Indebtedness pursuant to clause (vi) of the definition of Indebtedness for purposes of calculation of the Closing Indebtedness.

• The aggregate purchase price to be paid by Buyer at the Closing for all of the Equity Interests and the Transferred Assets and Liabilities shall be an amount equal to (i) the Base Purchase Price, plus (ii) the Estimated Net Working Capital Adjustment, plus (iii) the Estimated Closing Cash, minus (iv) the Estimated Completion Bonus Amount, minus (v) the Estimated Closing Indebtedness, minus (vi) the Estimated Closing Transaction Expenses (the “Closing Purchase Price”).

More Definitions of Closing Indebtedness

Closing Indebtedness means the aggregate amount of all outstanding Indebtedness (including principal and accrued and unpaid interest) of the Company as of immediately prior to the Effective Time, including any penalties or premiums that would be associated with the full repayment and retirement of such Indebtedness (whether prior to or following the Effective Time).

Closing Indebtedness means the aggregate amount of Indebtedness of the Company as of the Closing, excluding (i) any Indebtedness under the Warehouse Lines of the Company, (ii) any Indebtedness of Parent, Purchaser or their respective Subsidiaries, (iii) the Indebtedness contemplated by the Debt Commitment Letter and (iv) any Indebtedness that is included in the calculation of Closing Net Working Capital.

Closing Indebtedness means all Indebtedness of the Company and the Subsidiaries to the extent outstanding as of the Closing.

Closing Indebtedness means the Indebtedness determined as of immediately prior to the Closing.

Closing Indebtedness means the Indebtedness of the Acquired Companies immediately prior to the Effective Time.

Closing Indebtedness means the Indebtedness of the Group Companies as of 11:59 p.m. on the Closing Date, but without giving effect to the transaction contemplated hereby.

Closing Indebtedness means, as of the close of business on the Closing Date, the Indebtedness of the Company plus any unpaid Company Transaction Expenses.