Final Net Assets definition

Final Net Assets has the meaning set forth in Section 2.6(b) hereof.

Final Net Assets means the Closing Net Assets (A) as shown in the Closing Net Assets Statement delivered by Buyer to Seller pursuant to Section 2.6(b), if no Notice of Objection with respect thereto is timely delivered by Seller to Buyer pursuant to Section 2.6(c); or (B) if a Notice of Objection is so delivered, (1) as agreed by Buyer and Seller pursuant to Section 2.6(d) or (2) in the absence of such agreement, as shown in the Independent Expert’s calculation delivered pursuant to Section 2.6(d).

Final Net Assets means (i) the Preliminary Net Assets if deemed final pursuant to Section 2.4(c), (ii) the Net Assets deemed by mutual agreement of Buyer and DuPont to be the Final Net Assets or (iii) the Net Assets determined by the Independent Accounting Firm to be the Final Net Assets in accordance with Section 2.4(d).

Examples of Final Net Assets in a sentence

• If BRF disputes any entry on the Initial Statement or Final Statement that affects the calculation of the Initial Net Assets or the Final Net Assets, BRF shall notify OLHS-NL in writing (which writing shall contain BRF’s determination of the amount of the disputed entry) within 30 days after BRF’s receipt of the Initial or Final Statement from OLHS-NL.

• The Bid Net Assets and the Final Net Assets shall be determined without giving effect to any intercompany accounts or the payment or cancellation thereof.

• No later than the earlier of (a) completion and delivery to BRFHH of the 2018 Audited Balance Sheet or (b) 240 days following the Closing Date, OLHS-NL shall (i) review the calculation the Initial Net Assets, (ii) make a final calculation of Net Assets as of the Closing Date based on the 2018 Audited Balance Sheet (“Final Net Assets”), and (iii) deliver to BRF a statement (the “Final Statement”) setting forth in reasonable detail the Final Net Assets calculation.

• For the avoidance of doubt, Net Assets and Final Net Assets shall be determined without giving effect to any intercompany accounts or the cancellation thereof.

• The Manager will also make an announcement when the Consideration is finally determined upon the Final Net Assets Adjustment.

More Definitions of Final Net Assets

Final Net Assets means Closing Net Assets (i) as shown in Buyers' calculation delivered pursuant to Section 2.08(a) if no notice of disagreement with respect thereto is delivered pursuant to Section 2.08(b) or (ii) if such a notice of disagreement is delivered, (A) as agreed by the parties pursuant to Section 2.08(c) or (B) in the absence of such agreement, as shown in the Accounting Referee's calculation delivered pursuant to Section 2.08(c); provided that Final Net Assets shall not in any event be less than Buyers' calculation of Closing Net Assets delivered pursuant to Section 2.08(a) nor more than Seller's calculation of Closing Net Assets delivered pursuant to Section 2.08(c).

Final Net Assets means the total assets of the Company less the total liabilities of the Company, as reflected in the Final Balance Sheet referred to in Section 2.2(b). "Target Net Assets" shall mean $49,311,000.

Final Net Assets shall have the meaning set forth in Section 2.09(c).

Final Net Assets has the meaning set forth in Section 4.3(a).

Final Net Assets means the aggregate amount of the Assets, minus the aggregate amount of the Assumed Liabilities (as defined below), recorded on the statement of assets and liabilities of the Business as of the Closing Date prepared and audited in accordance with the procedures set forth herein (the "CLOSING STATEMENT OF ASSETS AND LIABILITIES"). The "REFERENCE NET ASSETS" means the amount identified as "Assets in Excess of Liabilities" recorded on the audited statement of assets and liabilities of the Business as of March 25, 1995 which is set forth in Schedule 4.4(a)(1) (the "REFERENCE STATEMENT OF ASSETS AND LIABILITIES"). It is agreed that the Reference Statement of Assets and Liabilities does not reflect the items set forth on Schedule 2.2(a) which are recorded on the audited balance sheet dated December 24, 1994 set forth in Schedule 4.4(a)(1). The Purchase Price as adjusted pursuant to this

Final Net Assets means Closing Net Assets (i) as shown in Buyer's calculation delivered pursuant to Section 2.08(a) if no notice of disagreement with respect thereto is delivered pursuant to Section 2.08(b) or (ii) if such a notice of disagreement is delivered, (A) as agreed by the parties pursuant to Section 2.08(c) or (B) in the absence of such agreement, as shown in the Accounting Referee's calculation delivered pursuant to Section 2.08(c); PROVIDED that Final Net Assets shall not in any event be less than Buyer's calculation of Closing Net Assets delivered pursuant to Section 2.08(a) nor more than Seller's calculation of Closing Net Assets delivered pursuant to Section 2.08(c).

Final Net Assets means the Net Assets as set forth on the Final Balance Sheet.