Estimated Closing Book Value definition

Estimated Closing Book Value shall have the meaning set forth in Section 2.15(a).
Sample 1
Estimated Closing Book Value means the Closing Book Value reflected on the Estimated Closing Balance Sheet.
Sample 1Sample 2Sample 3
Estimated Closing Book Value the consolidated and combined equity of the Combined Business on the Closing Date as set forth on the Estimated Closing Balance Sheet.
Sample 1Sample 2

Examples of Estimated Closing Book Value in a sentence

  • The amount payable at the Closing shall be equal to Nine Million Five Hundred Thousand Dollars ($9,500,000), which is an estimate of Book Value at Closing (the "Closing Payment Amount" or "Estimated Closing Book Value").

  • If, based on the Estimated Closing Balance Sheet, there is an Estimated Closing Book Value Shortfall and/or an Estimated Premium Adjustment, Purchaser shall deduct the amount thereof in determining the Closing Transaction Consideration to be paid by Purchaser to Seller.

  • At the Closing, the Purchaser shall pay, on account of the Purchase Price, the sum of (x) $468,000,000 plus (y) the Estimated Closing Book Value ((x) and (y), collectively, the “Estimated Purchase Price”), to the Partnership (on behalf of the sellers of the Transferred Holding Company Equity Interests and the Transferred Assets) by wire transfer of immediately available funds to such accounts as identified by the Partnership to the Purchaser in writing at least two (2) Business Days prior to the Closing.

  • If the Final Closing Book Value exceeds the Estimated Closing Book Value, the Purchaser shall pay, within two (2) Business Days of the determination of the Final Closing Amount, an amount equal to such excess by wire transfer in immediately available funds to the Partnership (on behalf of the sellers of the Transferred Holding Company Equity Interests and the Transferred Assets) and to such accounts as may be specified by the Partnership.

  • Based on the Estimated Closing Statement, the chief accounting officer of Nelsxx xxxll provide Buyer with a certificate setting forth the Estimated Closing Book Value.

  • If the Final Closing Book Value is less than the Estimated Closing Book Value, the Partnership (on behalf of the sellers of the Transferred Holding Company Equity Interests and the Transferred Assets) shall (and Seller Parents shall cause the Partnership to) pay, within two (2) Business Days of the determination of the Final Closing Amount, an amount equal to such deficit to the Purchaser by wire transfer in immediately available funds to an account or accounts specified by the Purchaser.

  • The Committee or the Rapporteur on new complaints and interim measures may or may not agree to consider admissibility separately from the merits.4. Following a separate decision on admissibility, the Committee shall fix the deadline for submissions on a case-by-case basis.

  • The Reference Date Balance Sheet and a calculation of the Book Value of the Company as of the Reference Date are set forth on Schedule 3.2. In accordance with (ii) above, Seller shall provide written notice of Seller's estimate of the Book Value of the Company as of the Closing Date (the "Estimated Closing Book Value") as well as a calculation of the Closing Date Payment to Purchaser at least three (3) Business Days prior to the Closing Date.


More Definitions of Estimated Closing Book Value

Estimated Closing Book Value means the excess of the book value of the Adjusted Assets over the book value of the Adjusted Liabilities, calculated based on the Estimated Closing Balance Sheet.
Sample 1
Estimated Closing Book Value means the Estimated Closing Book Value as defined in, and as calculated in accordance with, the Applicable Accounting Principles and Exhibit B of Section 1.04(j) of the Company Disclosure Letter (which amount, for the avoidance of doubt, shall not include the Solutions Entity Excess Amount).
Sample 1
Estimated Closing Book Value means the Assets plus the Commingled Receivables less the Assumed Liabilities reflected on the Estimated Closing Statement and the "June 30 Book Value" means the Assets plus the Commingled Receivables less the Liabilities of the Music Business reflected in the Interim Statement of Assets and Liabilities (as defined in Section 5.5).
Sample 1
Estimated Closing Book Value means $2,904,043.
Sample 1

Related to Estimated Closing Book Value

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Estimated Closing Statement has the meaning set forth in Section 2.4(a).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.3(a).

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Inventory Value means with respect to any Inventory of a Loan Party at the time of any determination thereof, the standard cost determined on a first in first out basis and carried on the general ledger or inventory system of such Loan Party stated on a basis consistent with its current and historical accounting practices, in Dollars, determined in accordance with the standard cost method of accounting less, without duplication, (i) any markup on Inventory from an Affiliate and (ii) in the event variances under the standard cost method are expensed, a Reserve reasonably determined by the Agent as appropriate in order to adjust the standard cost of Eligible Inventory to approximate actual cost.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Book Value means, with respect to any Asset and any Liability Assumed, the dollar amount thereof stated on the Accounting Records of the Failed Bank. The Book Value of any item shall be determined as of Bank Closing after adjustments made by the Receiver for differences in accounts, suspense items, unposted debits and credits, and other similar adjustments or corrections and for setoffs, whether voluntary or involuntary. The Book Value of a Subsidiary of the Failed Bank acquired by the Assuming Institution shall be determined from the investment in subsidiary and related accounts on the "bank only" (unconsolidated) balance sheet of the Failed Bank based on the equity method of accounting. Without limiting the generality of the foregoing, (i) the Book Value of a Liability Assumed shall include all accrued and unpaid interest thereon as of Bank Closing, and (ii) the Book Value of a Loan shall reflect adjustments for earned interest, or unearned interest (as it relates to the "rule of 78s" or add-on- interest loans, as applicable), if any, as of Bank Closing, adjustments for the portion of earned or unearned loan-related credit life and/or disability insurance premiums, if any, attributable to the Failed Bank as of Bank Closing, and adjustments for Failed Bank Advances, if any, in each case as determined for financial reporting purposes. The Book Value of an Asset shall not include any adjustment for loan premiums, discounts or any related deferred income, fees or expenses, or general or specific reserves on the Accounting Records of the Failed Bank. For Shared-Loss Securities, Book Value means the value of the security provided in the Information Package.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • Underlying Reference Closing Price Value means, in respect of a SPS Valuation Date, the Closing Level in respect of such day.

  • Closing Cash means the amount of Cash determined as of the close of business on the Closing Date.

  • Closing Value means, as of a particular date, the value of a Share determined by the closing sales price for such Share (or the closing bid, if no sales were reported) as quoted on The New York Stock Exchange for the last market trading day prior to the date of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable.

  • Estimated Value means the value of the Contract estimated under these Contract and Procurement Regulations.

  • Estimated Working Capital Adjustment shall have the meaning set forth in Section 2.2(b).

  • Preliminary Closing Balance Sheet shall have the meaning set forth in Section 2.3(c)(i).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Gross Book Value means, at any time, the book value of the assets of the REIT, as shown on its then most recent balance sheet, plus the amount of accumulated depreciation shown thereon.

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Final Closing Statement has the meaning set forth in Section 2.5(d).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.