Estimated Closing Indebtedness definition

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

Estimated Closing Indebtedness has the meaning set forth in Section 1.10.

Estimated Closing Indebtedness is defined in Section 2.3.

Examples of Estimated Closing Indebtedness in a sentence

• In the event that Closing Date Indebtedness as reflected on the Final Purchase Price Adjustment Statement is less than Estimated Closing Indebtedness Amount, Buyer shall pay Seller an amount equal to the difference between the Closing Date Indebtedness and Estimated Closing Indebtedness Amount.

• The Parties shall cooperate in arranging for the repayment of the Estimated Closing Indebtedness and Estimated Closing Transaction Expenses at the Closing.

• Seller shall provide Buyer and any accountants or advisors retained by Buyer with reasonable access to the Records of the Group Companies for the purpose of enabling Buyer and its accountants and advisors to calculate, and to review Seller’s calculation of the Estimated Closing Net Working Capital Amount, Estimated Closing Cash, Estimated Closing Indebtedness, Estimated Transaction Expenses and Estimated Purchase Price.

• Such payoff letters shall state that, if such aggregate amount so identified is paid in accordance with such payoff letters on the Closing Date, the Estimated Closing Indebtedness shall be repaid in full and that all Encumbrances shall be released.

• In the event that Purchaser does not deliver the Closing Balance Sheet and the Closing Statement within such 75-day period, Purchaser shall be conclusively deemed to have accepted the Estimated Cash on Hand, the Estimated Closing Indebtedness and the Estimated Company Transaction Expenses as the Cash on Hand, the Closing Indebtedness, and the Company Transaction Expenses, respectively.

More Definitions of Estimated Closing Indebtedness

Estimated Closing Indebtedness has the meaning set forth in Section 3.3(a).

Estimated Closing Indebtedness has the meaning Section 2.2(b) specifies.

Estimated Closing Indebtedness shall have the meaning set forth in Section 2.05.

Estimated Closing Indebtedness is defined in Section 2.5.1.

Estimated Closing Indebtedness means the Company’s good faith estimate of the Closing Indebtedness, as set forth on the Pre-Closing Statement.

Estimated Closing Indebtedness shall have the meaning in Section 1.6(a).

Estimated Closing Indebtedness is defined in Section 1.3(a).