Net Debt. The Company shall use its reasonable best efforts to cause its Net Debt immediately prior to the Effective Time to be not greater than (i) $217,000,000 if the Effective Time shall occur on or after August 31, 2009 but before September 30, 2009, (ii) $205,000,000 if the Effective Time shall occur on or after September 30, 2009 but before November 30, 2009, (iii) $204,000,000 if the Effective Time shall occur on or after November 30, 2009 but before December 31, 2009, (iv) $197,000,000 if the Effective Time shall occur on or after December 31, 2009 but prior to January 31, 2010 and (v) $192,000,000 if the Effective Time shall occur on or after January 31, 2010; provided, however, that the amount of Net Debt shall not include any amounts relating to any transition or integration costs incurred by the Company at the request of Parent after the satisfaction of the condition set forth in Section 7.1(c). The term “Net Debt” of the Company and its subsidiaries shall mean (A) all amounts outstanding under the Senior Credit Agreement and the Subordinated Credit Agreement less (B) any cash or marketable securities held by the Company and its subsidiaries.
Net Debt. As of May 17, 2016, the Company’s Net Debt does not exceed $188.2 million.
Net Debt. (a) As soon as practicable, but in no event later than ninety (90) days following the Closing Date, Newco shall, on a basis consistent with GAAP prepare and deliver to each of SBC and BellSouth a statement showing the calculation of the Closing Net Debt (the "Calculation"). The Calculation shall separately set forth the SBC Closing Net Debt and BellSouth Closing Net Debt.
(b) After receipt of the Calculation, SBC and BellSouth shall each have 60 days to review the Calculation. Newco, SBC and BellSouth shall each provide the others and their authorized representatives reasonable access during normal business hours and without significant disruption to their respective business, to (i) all of their and their Subsidiaries' respective books, records and employees having relevant information concerning the Calculation and (ii) the accountants who assisted Newco in preparing the Calculation and such accountants' relevant supporting workpapers. Unless SBC or BellSouth delivers written notice to Newco and to SBC or BellSouth, as the case may be, on or prior to the 60th day after Newco's delivery of the Calculation stating that SBC or BellSouth, as the case may be, has objections to the Calculation and describing any such objections with reasonable particularity, SBC and BellSouth shall be deemed to have accepted and agreed to the Calculation. In addition, any item included in the Calculation which is not objected to by either SBC or BellSouth shall be deemed to be accepted by SBC and BellSouth (the "Resolved Items") and any amounts included within a Resolved Item shall be deemed to be final, binding and conclusive. If SBC or BellSouth notifies Newco of its objections to the Calculation, SBC, BellSouth and Newco shall, within 10 days (or such longer period as the parties may agree) following such notice (the "Resolution Period"), attempt to resolve their differences, and any written resolution by them as to any disputed amounts shall be final, binding and conclusive.
(c) Any amounts remaining in dispute at the conclusion of the Resolution Period ("Unresolved Items") shall be submitted to Arthur Andersen LLP (such firm being referred to as the "CPA Firm") or, xx xuxx xxxx shall be unable or unwilling to serve in such capacity or if the parties shall otherwise mutually agree, such other nationally recognized firm of independent accountants mutually agreed by SBC, BellSouth and Newco (and, in such case, such firm shall be deemed to be the CPA Firm), within 10 days aft...
Net Debt. The Company and its subsidiaries shall have Net Debt of less than $7,185,000.
Net Debt. (a) the aggregate principal amount of Debt of the Parent on a Consolidated basis outstanding on such date, in an amount that would be reflected on a balance sheet prepared as of such date on a Consolidated basis in accordance with GAAP, minus (b) the aggregate amount of cash and Cash Equivalents, in each case, included on the balance sheet of the Parent on a Consolidated Basis.
Net Debt. Section 1.2 Net Proceeds............................................................Section 7.12
Net Debt. Aggregate sum of the balance of the consolidated onerous debts of the INTERVENING PARTY, including loans and financings, mutuums, issuance of fixed-income securities, promissory notes, and debentures, whether convertible or not, in the local or international capital market, as well as the sale or assignment of future receivables, if they are accounted for as obligations, and other indebtedness financial transactions of the company recorded in current and non-current liabilities less Cash and Cash Equivalents (cash and financial investments);
Net Debt. As of May 31, 2018, Baytex Net Debt was not greater than $1.8 billion.
Net Debt. As of May 31, 2018, Raging River Net Debt was not greater than $310 million.
