Estimated Net Debt definition

Estimated Net Debt shall have the meaning ascribed to it in Section 2.2.

Estimated Net Debt has the meaning set forth in Section 3.6(a).

Estimated Net Debt means US$[•], calculated using an estimated Closing Date exchange rate of R$2.20/US$ 1.00, calculated pursuant to the method described in Exhibit E.

Examples of Estimated Net Debt in a sentence

• If the Purchaser disputes the Estimated Net Debt (or any portion thereof) prior to the Closing, then the Purchaser and the Company shall negotiate in good faith to resolve any such dispute at or prior to the Closing.

• The Purchaser and its Representatives, including the Purchaser’s independent accountants, shall have access to all work papers of the Company and its Representatives, including its independent accountants, relating to the Estimated Net Debt.

• Partnership: ❑ a partner authorized to sign on behalf of the partnership.

• For avoidance of doubt, if the Estimated Net Debt is a positive number, then no Net Debt-related adjustment shall be made to the Purchaser Stock Consideration.

• As at Completion Date, FISB has received an Initial Payment of RM134,734,000 (a sum equivalent to RM128,000,000 add the Estimated Net Debt Amount being RM6,734,000) in accordance with the terms of the SPA.

More Definitions of Estimated Net Debt

Estimated Net Debt means the amount of the Net Debt estimated by the Vendors Representative pursuant to Clause 3.2.1 (Determination of the Estimated First Tranche Purchase Price).

Estimated Net Debt means the Seller’s reasonable estimate of Net Debt at the Effective Time and as set out in the Indebtedness and EBITDA Schedule. This amount can be a positive or negative number;

Estimated Net Debt shall have the meaning set forth in Section 1.6(a)(ii) of this Agreement.

Estimated Net Debt has the meaning set forth in Section 1.4.

Estimated Net Debt means the estimated net debt of the Company as of the Closing Date, whether positive or negative, derived from the Closing Date Financials, and as set out in the statement delivered by the Seller 1 in terms of Clause 4.1 (a).

Estimated Net Debt means the Net Debt estimated for the Effective Date based on the most recent internal financial information then available for CTF and calculated in accordance with the guidelines set forth in Schedule 7.

Estimated Net Debt means the estimate of Net Debt to be prepared by the Seller 5 Business Days prior to Closing in a manner consistent with the Closing Consideration calculation set out in Schedule “C”;