Closing Indebtedness definition
Closing Indebtedness means Indebtedness of the Company and its Subsidiaries as of immediately prior to the Closing (without giving effect to the Transactions but including any prepayment penalties, premia, breakage costs or similar amounts payable with respect to the Closing).
Closing Indebtedness means, as of any date or time of determination, the Indebtedness of the Acquired Companies as calculated in accordance with the Transaction Accounting Principles.
Closing Indebtedness means the sum of all Indebtedness for Borrowed Money of the Company Group Members outstanding as of the Closing Date.
Examples of Closing Indebtedness in a sentence
In addition, notwithstanding any other provision herein to the contrary, from and immediately prior to the Calculation Time through the Closing, the Transferred Entities shall not repay any Closing Indebtedness.
More Definitions of Closing Indebtedness
Closing Indebtedness has the meaning set forth in Section 2.05(a).
Closing Indebtedness means all Indebtedness of the Company and the Subsidiaries to the extent outstanding as of the Closing.
Closing Indebtedness means the Indebtedness of the Acquired Companies immediately prior to the Effective Time.
Closing Indebtedness means the aggregate amount of Indebtedness of the Group Companies as of the Adjustment Time.
Closing Indebtedness means Indebtedness as of immediately prior to the Closing.
Closing Indebtedness means, on a consolidated basis and calculated as of 11:59 p.m. Eastern Time on the date immediately preceding the Closing Date, Indebtedness of the Company and its Subsidiaries.
Closing Indebtedness means the Indebtedness as of the close of business on the Closing Date as shown on the Estimate Statement or the Closing Statement, as the case may be.