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

Examples of Actual Net Debt in a sentence

  • The parties shall use their respective reasonable endeavours to procure the determination of the Actual Net Debt in accordance with Schedule 5.


More Definitions of Actual Net Debt

Actual Net Debt means the Net Debt figure agreed at any time between the parties or determined in accordance with this Schedule;
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 shall have the meaning ascribed to it in Section 1.1 of the Subscription Agreement.
Actual Net Debt means the Group's Net Debt as of immediately prior to Closing determined in accordance with clause 4.3.
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 shall have the meaning ascribed to it in Section 3.3.1.