Debt Adjustment definition

Debt Adjustment means, for or with the expectation of a fee, commission or other valuable consideration, receiving, as agent of a debtor, money or evidences thereof for the purpose of distributing such money or evidences thereof among creditors in full or partial payment of obligations of the debtor.

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Debt Adjustment has the meaning set forth in Section 2.2(c) of this Agreement.

Debt Adjustment has the meaning given in Schedule 8;

Examples of Debt Adjustment in a sentence

Following adjudication of the dispute, appropriate adjustments shall be made to the Conclusive Net Debt Adjustment Statement, the GGO Promissory Note and the other applicable documentation to put all parties in the same economic position as if the corrected Conclusive Net Debt Adjustment Statement governed at Closing.
Each Purchaser shall be afforded an opportunity to review the Conclusive Net Debt Adjustment Statement and reasonable access to all non-privileged and non-work product documents or records or personnel used in the preparation of such statement.
If such Purchaser and the Company do not resolve all CNDAS Disputed Items prior to the Effective Date, then for purposes of Closing and subject to subsequent adjustment consistent with the Bankruptcy Court’s ruling, the highest number shall be used for purposes of any calculations set forth on the Conclusive Net Debt Adjustment Statement.
If a Purchaser does not timely deliver a CNDAS Dispute Notice, then such Purchaser shall be deemed to have accepted and agreed to the Conclusive Net Debt Adjustment Statement and to have waived any right to dispute the matters set forth therein.
In the event INT'▇.▇▇▇ or its Subsidiaries shall breach the covenants in Section 5.6 hereof, the aggregate amount of all breaches of such Section 5.6 shall be deemed to be the "Debt Adjustment Amount" for purposes of this Agreement.

More Definitions of Debt Adjustment

Debt Adjustment has the meaning given in clause 3.4;

Debt Adjustment means making a contract an agreement with a

Debt Adjustment means making a contract an agreement with a debtor whereby the debtor agrees to pay a sum or sums of money periodically

Debt Adjustment means the Estimated Debt less the Actual Debt (and, for the avoidance of doubt, the resulting amount may be positive or negative);

Debt Adjustment has the meaning set forth in Section 1.3 hereof.

Debt Adjustment means the amount, if any, by which the Indebtedness of the Company at Closing is greater than (i) the amount disclosed in the Financial Statements or (ii) such other amount as agreed to in writing by the Buyer;

Debt Adjustment. Section 3.6