Closing Net Asset Value definition

Closing Net Asset Value shall have the meaning given in Section 2.5(b).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Closing Net Asset Value means the Net Asset Value as of the Closing Date.

Closing Net Asset Value has the meaning set forth in Section 3.2(c).

Examples of Closing Net Asset Value in a sentence

No later than three Business Days prior to the Closing Date, Seller shall deliver to Buyer a written statement setting forth Seller’s good faith estimate of the Closing Net Asset Value and each component thereof, together with reasonable supporting detail and documentation (the “Estimated Closing Statement”), together with a certificate of the Chief Financial Officer of Seller certifying that the Estimated Closing Statement was prepared in good faith in accordance with this Section 1.06.
Within 30 days after the Closing Date, Buyer shall deliver to Seller a written statement setting forth Buyer’s calculation of the Closing Net Asset Value and each component thereof, together with reasonable supporting detail and documentation (the “Closing Statement”).
The Adjustment Amount shall equal (i) the Closing Net Asset Value minus (ii) $2,500,000.00 (the “Baseline Amount”) minus (iii) the Open PO Adjustment Amount, if any.

More Definitions of Closing Net Asset Value

Closing Net Asset Value shall have the meaning set forth in Section 3.5(a).

Closing Net Asset Value as defined in Section 2.11(a).

Closing Net Asset Value shall be the Net Asset Value of the Company set forth on the Closing Balance Sheet.

Closing Net Asset Value means the Net Asset Value at the Adjustment Time.

Closing Net Asset Value means the Book Value of the Acquired Assets, as of the Effective Time, less the Balance Sheet Liabilities other than the $30,000,000 amount attributable to the Pollution Control Bonds,

Closing Net Asset Value means that dollar amount as is equal to the dollar amount of the total assets of the Business (other than Excluded Assets) plus any cash amounts included in the Purchased Assets in excess of those amounts specified on Schedule 2.12(b)(i), as reflected on the Closing Balance Sheet, less the dollar amount of the total liabilities of the Business (other than Excluded Liabilities), as reflected on the Closing Balance Sheet. The Closing Net Asset Value shall be calculated in accordance with Schedule 2.12(b)(ii).

Closing Net Asset Value. Closing Net Worth Value" and "Closing Amount" have the respective meanings given such terms in Section 4.02.