Net Indebtedness. Seller shall confirm and represent at Closing that the Net Indebtedness of the Company at Closing is zero and, if different, all its amount (positive or negative) shall adjust the Purchase Price to be paid.
Net Indebtedness. Net Indebtedness shall be calculated as the algebraic sum of the amounts in the following accounts. Where the amount of liabilities exceeds the amount of assets, the Net Indebtedness amount will be expressed as a positive number. Where the amount of assets exceeds the amount of liabilities, the Net Indebtedness amount will be expressed as a negative number.
Net Indebtedness. On the Closing Date, the net Indebtedness of the Borrower and its Subsidiaries in the aggregate (other than the Term Loans) shall be approximately as set forth in Schedule 2.9(b).
Net Indebtedness. The net Indebtedness of the Company and its Subsidiaries as of the date of this Agreement is not in excess of the net Indebtedness of the Company and its Subsidiaries as of September 30, 2001.
Net Indebtedness. The Net Indebtedness shall not exceed $1,325,000,000.
Net Indebtedness. (i) If upon a Final Determination the amount of the Net Indebtedness is in excess of the Net Indebtedness Target, then Seller shall pay the amount of such excess to Buyer; and
(ii) If upon a Final Determination the Net Indebtedness Target is in excess of the amount of the Net Indebtedness, then Buyer shall pay the amount of such excess to Seller.
Net Indebtedness. The Parties agree that the Purchase Price was fixed considering a cash and debt-free basis, therefore Seller shall confirm and represent that the Net Indebtedness of the Companies at Closing is zero, according to the Closing balance sheet, and, if different, all its amount (positive or negative) shall be adjusted in the the Purchase Price ("Net Indebtedness Balance").
Net Indebtedness. Section 6.4(h) Operating Partnership.............................................
Net Indebtedness. The Company shall not have Indebtedness, net of ---------------- cash and cash equivalents, on a consolidated basis in excess of $222,500,000.
Net Indebtedness. The aggregate amount of Net Parent Indebtedness shall not exceed $28,000,000.
