Actual Net Debt Amount definition

Actual Net Debt Amount means the amount equal to (a) Closing Debt, minus (b) Closing Cash. For the avoidance of doubt, the Actual Net Debt Amount may be a negative number.

Actual Net Debt Amount means the amount of External Debt as at Completion less the amount of Cash as at Completion as set out in the Actual Net Debt Statement agreed or determined in accordance with Schedule 5;

Actual Net Debt Amount. Section 1.5(d)(ii)

Examples of Actual Net Debt Amount in a sentence

• Any amount payable pursuant to Section 2.4 shall be paid (with interest from the Closing Date through the date of payment at a rate equal to the “prime rate” of interest on the Closing Date as announced by the Wall Street Journal) by the applicable party, by wire transfer of immediately available funds within five (5) Business Days following the final determination of the Actual Net Debt Amount and the Actual Net Equity Amount.

• If the Actual Net Debt Amount, as determined in accordance with this Agreement, is less than the Estimated Net Debt Amount, Parent shall issue and cause to be delivered to the holders of Company Ordinary Shares outstanding immediately prior to the Effective Time (pro rata) such additional number of Parent Ordinary Shares equal to the Net Debt Underage divided by $10.18.

• What is a reflexive evaluation?As the name already suggests, a reflexive evaluation process is centred upon reflecting and learning from existing practices.

More Definitions of Actual Net Debt Amount

Actual Net Debt Amount an amount equal to: (i) the aggregate amount of Debt owed by the Group Companies; minus (ii) the aggregate amount of Cash held by or on behalf of the Group Companies, in each case as at the Effective Time, as set out in the Actual Net Debt Statement and calculated in accordance with parts 1 and 2 of Schedule 5 (Accounting Policies), but excluding any item or amount to the extent included or taken into account in the calculation of the Actual Working Capital Amount. For the avoidance of doubt, the Actual Net Debt Amount will be expressed as a positive number if the amount of Debt exceeds the amount of Cash or as a negative number if the amount of Cash exceeds the amount of Debt;

Actual Net Debt Amount has the meaning set forth in Section 2.4(a).

Actual Net Debt Amount means an amount (which may be a positive or a negative number) equal to the aggregate amount of the Actual Indebtedness less the aggregate amount of the Actual Cash, as set out in the Completion Accounts;

Actual Net Debt Amount means the Net Debt as at the Settlement Date as set out in the Settlement Statement.

Actual Net Debt Amount means the amount calculated in accordance with Part (B)(1) of Schedule 14 (Accounting Policies) and in an amount as finally agreed to on the Actual Net Debt Statement;

Actual Net Debt Amount means the difference between (a) Closing Debt, minus (b) Closing Cash. For the avoidance of doubt, the Actual Net Debt Amount may be a negative number.

Actual Net Debt Amount the amount calculated by deducting (i) the Actual Cash Amount from (ii) the Actual Debt Amount;