Estimated Closing Date Balance Sheets definition

Estimated Closing Date Balance Sheets has the meaning set forth in Section 2.13(a).

Estimated Closing Date Balance Sheets. The Net Working Capital and Net Cash of each of XXXX and Titan and each of their respective Subsidiaries will be added together (or netted against one another, as the case may be) to calculate the combined Net Working Capital and Net Cash of the Propane Group Entities for purposes of this Section 2.5. Contributor shall also prepare, or cause to be prepared, a worksheet showing the difference, if any, between (i) the combined Net Working Capital of the Propane Group Entities as derived from the Estimated Closing Date Balance Sheets (the “Estimated Net Working Capital”) and the Net Working Capital Target and (ii) the combined Net Cash of the Propane Group Entities as derived from the Estimated Closing Date Balance Sheets (the “Estimated Net Cash”) and the Net Cash Target.

Estimated Closing Date Balance Sheets is defined in Section 2.5(a).

Examples of Estimated Closing Date Balance Sheets in a sentence

• Sellers’ Representative will also prepare and deliver, or cause to be prepared and delivered, to Buyer a worksheet showing the Net Working Capital derived from the Estimated Closing Date Balance Sheets, based on the Net Working Capital Analysis (the “Estimated Net Working Capital”).

• Concurrently with the delivery of the Estimated Closing Settlement Statement, Sellers’ Representative will prepare and deliver, or cause to be prepared and delivered, on behalf of Sellers, to Buyer balance sheets (collectively, the “Estimated Closing Date Balance Sheets”) of each of the Companies as of the Closing Date, which Estimated Closing Date Balance Sheets will be prepared in accordance with the Net Working Capital Analysis and the Calculation Methodologies.

More Definitions of Estimated Closing Date Balance Sheets

Estimated Closing Date Balance Sheets is defined in Section 3.1(a).

Estimated Closing Date Balance Sheets means the Estimated Closing Date GAAP Balance Sheet and the Estimated Closing Date SAP Balance Sheet.