{"component": "definition", "props": {"groups": [{"snippet_links": [], "snippet": "has the meaning set forth in Section 2.4(c).", "size": 6, "samples": [{"hash": "4sKLZNbzw5X", "uri": "/contracts/4sKLZNbzw5X#indebtedness-adjustment-amount", "label": "Equity Purchase Agreement (Esco Technologies Inc)", "score": 31.0150581793, "published": true}, {"hash": "k9jsevtIE0e", "uri": "/contracts/k9jsevtIE0e#indebtedness-adjustment-amount", "label": "Equity Purchase Agreement (Sonoco Products Co)", "score": 30.8809034908, "published": true}], "hash": "1b81269591b095c88df86befb449e0d9", "id": 1}, {"snippet_links": [{"key": "equal-to", "type": "definition", "offset": [21, 29]}, {"key": "target-indebtedness", "type": "clause", "offset": [34, 53]}, {"key": "sale-entities", "type": "definition", "offset": [87, 100]}, {"key": "the-closing", "type": "definition", "offset": [108, 119]}], "snippet": "means (a) the amount equal to the Target Indebtedness less (b) the Indebtedness of the Sale Entities, as of the Closing.", "size": 4, "samples": [{"hash": "lOGPHBIIEpd", "uri": "/contracts/lOGPHBIIEpd#indebtedness-adjustment-amount", "label": "Purchase and Sale Agreement (Dominion Energy, Inc)", "score": 34.6755646817, "published": true}, {"hash": "jq24StQPYbr", "uri": "/contracts/jq24StQPYbr#indebtedness-adjustment-amount", "label": "Purchase and Sale Agreement (Dominion Energy, Inc)", "score": 34.6755646817, "published": true}, {"hash": "846LeNmIydU", "uri": "/contracts/846LeNmIydU#indebtedness-adjustment-amount", "label": "Purchase and Sale Agreement (Dominion Energy, Inc)", "score": 34.6755646817, "published": true}], "hash": "ff354fe4bcc861da1c2b3792d9f3eefb", "id": 2}, {"snippet_links": [{"key": "closing-balance-sheet", "type": "clause", "offset": [69, 90]}, {"key": "the-current", "type": "clause", "offset": [95, 106]}, {"key": "of-sellers", "type": "clause", "offset": [130, 140]}, {"key": "principal-and-interest", "type": "clause", "offset": [165, 187]}, {"key": "assumed-capital-leases", "type": "definition", "offset": [199, 221]}], "snippet": "means the amount (as of the Closing and as calculated based upon the Closing Balance Sheet) of the current and long-term portions of Sellers\u2019 obligations (including principal and interest) under the Assumed Capital Leases.", "size": 4, "samples": [{"hash": "ifZnqliH6Wr", "uri": "/contracts/ifZnqliH6Wr#indebtedness-adjustment-amount", "label": "Asset Purchase Agreement", "score": 28.9527545546, "published": true}, {"hash": "h1OeU2Zbz51", "uri": "/contracts/h1OeU2Zbz51#indebtedness-adjustment-amount", "label": "Asset Purchase Agreement (Healthsouth Corp)", "score": 22.5879534565, "published": true}, {"hash": "foI5JRBJjrh", "uri": "/contracts/foI5JRBJjrh#indebtedness-adjustment-amount", "label": "Asset Purchase Agreement (LifeCare Holdings, Inc.)", "score": 22.3798767967, "published": true}], "hash": "3de613f20e7bb9040d45cac191c1cf2c", "id": 3}, {"snippet_links": [{"key": "final-closing-indebtedness", "type": "definition", "offset": [49, 75]}, {"key": "estimated-indebtedness", "type": "clause", "offset": [87, 109]}], "snippet": "which may be positive or negative, means the (A) Final Closing Indebtedness, minus (B) Estimated Indebtedness, each expressed as a negative number.", "size": 4, "samples": [{"hash": "6L8xZsAFaeo", "uri": "/contracts/6L8xZsAFaeo#indebtedness-adjustment-amount", "label": "Agreement and Plan of Merger (Memc Electronic Materials Inc)", "score": 21.6023271732, "published": true}, {"hash": "k5swtQdMWM", "uri": "/contracts/k5swtQdMWM#indebtedness-adjustment-amount", "label": "Merger Agreement (Tekelec)", "score": 21.3422313484, "published": true}], "hash": "32542cac6070d22e6a553dfdbd7ce71d", "id": 4}, {"snippet_links": [{"key": "equal-to", "type": "definition", "offset": [21, 29]}, {"key": "target-indebtedness", "type": "clause", "offset": [34, 53]}, {"key": "sale-entities", "type": "definition", "offset": [87, 100]}, {"key": "indemnified-party", "type": "definition", "offset": [122, 139]}, {"key": "indemnified-taxes", "type": "definition", "offset": [185, 202]}, {"key": "except-to-the-extent", "type": "clause", "offset": [211, 231]}, {"key": "finally-determined", "type": "definition", "offset": [288, 306]}, {"key": "section-21", "type": "clause", "offset": [319, 330]}, {"key": "all-taxes", "type": "clause", "offset": [344, 353]}, {"key": "with-respect-to", "type": "clause", "offset": [368, 383]}, {"key": "sale-entity", "type": "definition", "offset": [388, 399]}, {"key": "closing-tax-period", "type": "clause", "offset": [412, 430]}, {"key": "of-seller", "type": "clause", "offset": [456, 465]}, {"key": "affiliated-group", "type": "definition", "offset": [468, 484]}, {"key": "any-other-person", "type": "definition", "offset": [488, 504]}, {"key": "treasury-regulations", "type": "clause", "offset": [589, 609]}, {"key": "provision-of", "type": "clause", "offset": [643, 655]}, {"key": "tax-purposes", "type": "definition", "offset": [812, 824]}, {"key": "prior-to-the-closing", "type": "clause", "offset": [825, 845]}, {"key": "contracts-a", "type": "definition", "offset": [920, 931]}, {"key": "purpose-of", "type": "clause", "offset": [942, 952]}, {"key": "applicable-law", "type": "definition", "offset": [1001, 1015]}, {"key": "each-case", "type": "definition", "offset": [1020, 1029]}, {"key": "before-the-closing", "type": "clause", "offset": [1111, 1129]}, {"key": "transfer-taxes", "type": "definition", "offset": [1144, 1158]}, {"key": "the-term", "type": "definition", "offset": [1287, 1295]}, {"key": "determination-of-the-purchase-price", "type": "clause", "offset": [1409, 1444]}, {"key": "breach-by-buyer", "type": "clause", "offset": [1526, 1541]}, {"key": "after-the-closing", "type": "clause", "offset": [1613, 1630]}], "snippet": "means (a) the amount equal to the Target Indebtedness less (b) the Indebtedness of the Sale Entities, as of the Closing. \u201cIndemnified Party\u201d has the meaning set forth in Section 10.2. \u201cIndemnified Taxes\u201d means, except to the extent taken into account in determining the Purchase Price as finally determined pursuant to Section 2.1, (a) any and all Taxes imposed on or with respect to any Sale Entity for any Pre-Closing Tax Period, (b) Taxes of any member of Seller\u2019s Affiliated Group or any other Person (other than a Sale Entity) for which any Sale Entity becomes liable (i) pursuant to Treasury Regulations Section 1.1502-6 (or any similar provision of federal, state, local or non-U.S. Law) as a result of such Sale Entity being included in a consolidated, affiliated, combined, unitary or similar group for Tax purposes prior to the Closing and (ii) as a transferee or successor, by Contract (other than commercial Contracts a principal purpose of which is not to govern the sharing of Taxes) or applicable Law (in each case of clause (ii), to the extent attributable to any event or transaction occurring before the Closing), and (c) any Transfer Taxes for which Seller is responsible pursuant to Section 5.3(a); provided, however, notwithstanding anything herein to the contrary, the term \u201cIndemnified Taxes\u201d shall not include (A) any Taxes to the extent that such Taxes were taken into account in the determination of the Purchase Price (as finally determined hereunder), (B) any Taxes becoming due as a result of any breach by Buyer or any of its Affiliates (including, for this purpose, any Sale Entity after the Closing) of its covenants", "size": 3, "samples": [{"hash": "776WxuBdhh8", "uri": "/contracts/776WxuBdhh8#indebtedness-adjustment-amount", "label": "Purchase and Sale Agreement (Enbridge Inc)", "score": 32.8370978782, "published": true}], "hash": "2a31e6903932c56032f022d664b61564", "id": 5}, {"snippet_links": [{"key": "closing-indebtedness", "type": "clause", "offset": [54, 74]}, {"key": "finally-determined", "type": "definition", "offset": [79, 97]}, {"key": "in-accordance-with", "type": "definition", "offset": [98, 116]}, {"key": "estimated-indebtedness", "type": "clause", "offset": [151, 173]}, {"key": "closing-transaction-fees", "type": "definition", "offset": [271, 295]}, {"key": "total-adjustment-amount", "type": "definition", "offset": [405, 428]}, {"key": "working-capital-adjustment-amount", "type": "clause", "offset": [485, 518]}, {"key": "cash-adjustment-amount", "type": "definition", "offset": [533, 555]}, {"key": "the-indebtedness", "type": "clause", "offset": [568, 584]}, {"key": "the-transaction", "type": "clause", "offset": [614, 629]}], "snippet": "which may be positive or negative, shall mean (i) the Closing Indebtedness, as finally determined in accordance with this Section 2.12, minus (ii) the Estimated Indebtedness. The \u201cTransaction Fees Adjustment Amount,\u201d which may be positive or negative, shall mean (i) the Closing Transaction Fees, as finally determined in accordance with this Section 2.12, minus (ii) the Estimated Transaction Fees. The \u201cTotal Adjustment Amount,\u201d which may be positive or negative, shall mean (i) the Working Capital Adjustment Amount plus (ii) the Cash Adjustment Amount minus (iii) the Indebtedness Adjustment Amount minus (iv) the Transaction Fees Adjustment Amount.", "size": 2, "samples": [{"hash": "2wwqbytsfxk", "uri": "/contracts/2wwqbytsfxk#indebtedness-adjustment-amount", "label": "Merger Agreement (SWK Holdings Corp)", "score": 30.6509240246, "published": true}], "hash": "bb612ef65d396fe4c50bcc2e3578977c", "id": 6}, {"snippet_links": [], "snippet": "shall have the meaning set forth in Section 2.12(d).", "size": 2, "samples": [{"hash": "2wwqbytsfxk", "uri": "/contracts/2wwqbytsfxk#indebtedness-adjustment-amount", "label": "Merger Agreement (SWK Holdings Corp)", "score": 30.6509240246, "published": true}], "hash": "1754e830c372f5bc5c2fbc4441cd8451", "id": 7}, {"snippet_links": [], "snippet": "has the meaning set forth in Section 2.3(a)(iv) (Closing Share Statement);", "size": 2, "samples": [{"hash": "kHOPXLFNPtX", "uri": "/contracts/kHOPXLFNPtX#indebtedness-adjustment-amount", "label": "Share Purchase Agreement (Cb Richard Ellis Group Inc)", "score": 22.1307323751, "published": true}], "hash": "fd43701bb51b089d413959a7c791c88b", "id": 8}, {"snippet_links": [{"key": "the-principal", "type": "clause", "offset": [20, 33]}, {"key": "interest-on", "type": "definition", "offset": [54, 65]}, {"key": "indebtedness-of-the-company", "type": "clause", "offset": [82, 109]}, {"key": "prior-to-the-closing", "type": "clause", "offset": [155, 175]}, {"key": "associated-with", "type": "definition", "offset": [240, 255]}, {"key": "full-repayment", "type": "definition", "offset": [260, 274]}, {"key": "and-retirement", "type": "clause", "offset": [275, 289]}, {"key": "following-the-effective-time", "type": "clause", "offset": [311, 339]}], "snippet": "means the amount of the principal, accrued and unpaid interest on all outstanding Indebtedness of the Company or any of its Subsidiaries as of immediately prior to the Closing, including any fees, costs, penalties or premiums that would be associated with the full repayment and retirement of such Indebtedness following the Effective Time.", "size": 1, "samples": [{"hash": "djF2p7zZCnf", "uri": "/contracts/djF2p7zZCnf#indebtedness-adjustment-amount", "label": "Merger Agreement (Electronic Arts Inc.)", "score": 22.5249828884, "published": true}], "hash": "f7b725d2c5a2e82f6c44c2f09fe5ca30", "id": 9}, {"snippet_links": [{"key": "positive-amount", "type": "definition", "offset": [8, 23]}, {"key": "equal-to", "type": "definition", "offset": [24, 32]}, {"key": "balance-sheet-indebtedness", "type": "definition", "offset": [50, 76]}, {"key": "the-indebtedness", "type": "clause", "offset": [95, 111]}], "snippet": "means a positive amount equal to the Closing Date Balance Sheet Indebtedness minus $2,000,000. The Indebtedness Adjustment Amount shall be deemed to be nil if the Closing Date Balance Sheet Indebtedness minus $2,000,000 is less than zero.", "size": 1, "samples": [{"hash": "dlGKMaJPRCI", "uri": "/contracts/dlGKMaJPRCI#indebtedness-adjustment-amount", "label": "Share Purchase Agreement (Salesforce Com Inc)", "score": 22.2402464066, "published": true}], "hash": "dbd3ede266fbbc247c78315f427a7e3f", "id": 10}], "next_curs": "CmsSZWoVc35sYXdpbnNpZGVyY29udHJhY3RzckcLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiInaW5kZWJ0ZWRuZXNzLWFkanVzdG1lbnQtYW1vdW50IzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Indebtedness Adjustment Amount", "snippet": "has the meaning set forth in Section 2.4(c).", "size": 31, "id": "indebtedness-adjustment-amount", "examples": ["In consideration for the Shares, at the Closing, Purchaser shall deliver to the Seller, in cash, an aggregate amount equal to (a) $3,100,000,000 (subject to adjustment pursuant to Section 6.12(c)(ii)) (the \u201cBase Purchase Price\u201d), plus (b) the difference of (i) the Closing Working Capital Adjustment Amount, minus (ii) the Net <strong>Indebtedness Adjustment Amount</strong> (which difference, determined pursuant to this clause (b), may be positive or negative).", "In consideration for the Shares and Specified Jurisdiction Mamba Assets and Liabilities, at the Closing, Purchaser shall deliver to Parent (or Parent\u2019s designee(s)), in cash, an aggregate amount equal to (a) $2,731,500,000, plus (b) the difference of (i) the Closing Working Capital Adjustment Amount, minus (ii) the Net <strong>Indebtedness Adjustment Amount</strong> (which difference, determined pursuant to this clause (b), may be positive or negative).", "In accordance with the terms and provisions of this Section 3.3, Seller shall pay to Buyer an amount, if any (the &quot;<strong>Indebtedness Adjustment Amount</strong>&quot;), equal to the amount by which the Indebtedness exceeds Estimated Indebtedness, together with interest thereon at the Prime Rate plus 2% per annum from the Closing Date until the date such payment is made.", "The Parties agree that the procedures set forth in this Section \u200e2.9 for resolving disputes with respect to the Initial Closing Statements, the Closing Working Capital Amounts, the Closing <strong>Indebtedness Adjustment Amount</strong>, the Closing Cash and the other amounts required to be set forth in the Initial Closing Statements pursuant to Section \u200e2.9(b) shall be the sole and exclusive method for resolving any such disputes.", "For greater certainty, the obligation of the Company to pay the Vested Payment Amount will be disregarded for the purposes of determining the Balance Sheet Adjustment Amount, the Third Party Expense Adjustment Amount, or the <strong>Indebtedness Adjustment Amount</strong>.", "Any Indebtedness that is not reflected on the Closing Date Cash and Debt Statement and thus not part of the estimated <strong>Indebtedness Adjustment Amount</strong> reflected therein, if any (the \u201cExcess Debt\u201d), shall be paid out of the Escrow Amount and shall not be subject to the Deductible Amount.", "<strong>Indebtedness Adjustment Amount</strong> - the aggregate amount of all ------------------------------ Indebtedness of Parent, Borrower and their Subsidiaries (other than the Obligations) that is classified as permitted Indebtedness under Section 4.13(b)(xvii) of the Senior Notes Indenture or Section 4.13(b)(xvii) of the Parent Debentures Indenture.", "The \u201cTotal Adjustment Amount,\u201d which may be positive or negative, shall mean (i) the Cash Adjustment Amount plus (ii) the <strong>Indebtedness Adjustment Amount</strong> plus (iii) the Transaction Fees Adjustment Amount.", "In consideration for the Shares, at the Closing, Purchaser shall deliver to Parent (or Parent\u2019s designee(s)), in cash, an aggregate amount equal to (a) $4,950,000,000.00, plus (b) the difference of (i) the Closing Working Capital Adjustment Amount, minus (ii) the Net <strong>Indebtedness Adjustment Amount</strong> (which difference, determined pursuant to this clause (b), may be positive or negative).", "For purposes of this Agreement, the \u201cFinal Adjustment Amount,\u201d which may be positive or negative, means the sum of the Net Working Capital Adjustment Amount plus the <strong>Indebtedness Adjustment Amount</strong> plus the Cash Adjustment Amount plus the Transaction Expense Adjustment Amount; provided that, notwithstanding anything to the contrary in this Agreement, in no event shall the Final Adjustment Amount exceed in the aggregate $100,000 in favor of Buyer or Seller."], "related": [["closing-indebtedness-amount", "Closing Indebtedness Amount", "Closing Indebtedness Amount"], ["closing-date-indebtedness", "Closing Date Indebtedness", "Closing Date Indebtedness"], ["net-working-capital-adjustment-amount", "Net Working Capital Adjustment Amount", "Net Working Capital Adjustment Amount"], ["post-closing-adjustment-amount", "Post-Closing Adjustment Amount", "Post-Closing Adjustment Amount"], ["closing-indebtedness", "Closing Indebtedness", "Closing Indebtedness"]], "related_snippets": [], "updated": "2025-07-06T21:58:36+00:00"}, "json": true, "cursor": ""}}