Estimated Net Debt Statement means, in relation to each of the Company (including all other Group Companies other than the US Company and its Subsidiary) and the US Company (including its Subsidiary), the statement of Estimated Net Debt to be prepared in accordance with Clause 5.4;
Estimated Net Debt Statement has the meaning ascribed to it in Section 1.7(a)(iii).
Estimated Net Debt Statement a statement (in the form contemplated by part 4 of Schedule 5 (Accounting Policies)) setting out the Estimated Net Debt Amount, together with reasonably detailed information as to how each item in the Estimated Net Debt Statement has been calculated;
Examples of Estimated Net Debt Statement in a sentence
The Seller shall deliver to the Purchasers within fifteen (15) Business Days after the end of each reporting quarter of the Seller starting from 30 September 2016, the Seller’s good faith drafts of the Estimated Working Capital Statement and the Estimated Net Debt Statement (under the assumption, for the purposes of such draft statements, that the Completion Date will be on the first (1st) Business Day of the reporting month during which the draft statements are prepared).
More Definitions of Estimated Net Debt Statement
Estimated Net Debt Statement the written statement in the agreed terms to be delivered by the Management Sellers to the Buyer on Completion in accordance with the provisions of Schedule 5, setting out details of the Estimated Net Debt and the Estimated Loan Note Consideration
Estimated Net Debt Statement the written statement in the agreed form to be delivered by the Warrantors to the Buyer on Completion setting out the Estimated Net Debt “Exiting Sellers” Xxxxxxxxxxx Xxxxx and Xxxx Xxxx, each an “Exiting Seller”
Estimated Net Debt Statement means the statement in the form set out in Schedule 7, setting out details and calculation of the Estimated Net Debt Amount;