Actual Net Debt definition

Actual Net Debt means Net Debt as agreed or determined in accordance with paragraphs (4) to (6) below;

Actual Net Debt means, in relation to the JVCo Group taken on a consolidated basis, the following amounts as at the Financial Closing Date (as determined in accordance with Schedule E hereto):

Actual Net Debt means the Net Debt at the Effective Time, as set out in the Completion Statement. This amount can be a positive or a negative number;

Examples of Actual Net Debt in a sentence

• Employee sale bonuses accrued as a result of the Transaction and not paid on or before Completion shall be included in the Actual Net Debt Statement.

• The target use, also commercial, allows buildings 40 feet in height in accordance with the same setbacks as proposed here.

• The Actual Net Debt shall be determined in accordance with GAAP and, subject to the proviso to the previous sentence, in a manner consistent with the Company's determination of net debt on the Company Financials and Section 6.19 of the Company Disclosure Schedule.

• The remaining five percent (5%) of the balance of the total amount of the Exit Option Price will be withheld by the Investor for the exclusive purpose of allowing the post-closing adjustment of the Exit Option Price pursuant to the Actual Adjusted EBITDA and the Actual Net Debt set forth in Section 9.4.2 (“Withheld Balance”).

• Where such information is not available, noise levels around the whole building must first be determined and then an estimate must be made of the highest noise level to be attributed to all dwellings in the building.

More Definitions of Actual Net Debt

Actual Net Debt the actual Debt less Cash as at the close of business on the date of Completion as stated in the Actual Net Debt Statement

Actual Net Debt has the meaning set forth in Clause 2.2.4;

Actual Net Debt means the amount of Net Debt as of the Closing Date, for purposes of the Final Adjustment Statement, as determined in accordance with Schedules 9 and 10;

Actual Net Debt shall have the meaning ascribed to it in Section 1.1 of the Subscription Agreement.

Actual Net Debt shall have the meaning ascribed to it in Section 3.3.1.

Actual Net Debt means the Net Debt of the Group Companies determined as of immediately prior to giving effect to Completion, as determined in accordance with clause 5 (Completion Accounts);

Actual Net Debt has the meaning set forth in Section 1.9(a).