Base Net Assets definition

Base Net Assets means $***. “Final Closing Santyl Inventory Amount” means Closing Santyl Inventory Amount (i) as shown in Buyer Domestic’s calculation delivered pursuant to Section 3.04(a) if no notice of disagreement with respect thereto is duly delivered pursuant to Section 3.04(b); or (ii) if such a notice of disagreement is delivered, (A) as agreed by Buyer Domestic and Seller Parent pursuant to Section 3.04(c) or (B) in the absence of such agreement, as shown in the Accounting Referee’s calculation delivered pursuant to Section 3.04(c); provided that in no event shall Final Closing Santyl Inventory Amount be less than Buyer Domestic’s calculation of Closing Santyl Inventory Amount delivered pursuant to Section 3.04(a) or more than Seller Parent’s calculation of Closing Santyl Inventory Amount delivered pursuant to Section 3.04(b). For the avoidance of doubt, in calculating Base Net Assets and Closing Santyl Inventory Amount, no reduction shall be made for any Santyl Inventory that is recalled as a result of the letter referred to in clause (i) of the definition of “Pending Regulatory Reviews” and any supplemental or related correspondence. “Base Santyl Inventory Amount” means $***.
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Base Net Assets means $25,288,000.
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Base Net Assets is defined in Section 2.12(a).
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Examples of Base Net Assets in a sentence

  • But even if an actual controversy did exist, this Court could, and should, decline to hear Celltrion’s case.

  • The "Net Asset Adjustment" shall be equal to the difference between (A) the Net Assets of Xxxxx Industries (as defined below) as of June 30, 1996 (the "Base Net Assets") which the parties agree is Fifty-Eight Million Four Hundred Forty-Seven Thousand Three Dollars $58,447,003, as computed and set forth on Schedule 2.1(ii), and (B) the Net Assets of Xxxxx Industries as of the Effective Date (the "Closing Date Net Assets").

  • The study only considered respondents who were members of staff from EAC due to time and cost constraints.

  • Buyer and Sellers agree that the term Base Net Assets includes certain items pursuant to the calculations in SCHEDULE 1.0(a) which may or may not be trade payables, and these items are described in footnotes 12 and 13 of SCHEDULE 1.0(a).

  • Since December 31, 2003 until the date hereof, there have been no other liabilities of such nature described in the preceding sentence except those (a) liabilities fully and adequately reflected or reserved against on the Base Net Asset Statement and other liabilities of such nature arising in the ordinary course of business consistent with past practice since the date of such Base Net Assets Statement, and (b) liabilities under, or incurred in connection with, this Agreement.


More Definitions of Base Net Assets

Base Net Assets means $7,761,170, which amount represents the total current assets (excluding the Excluded Assets) minus the total current liabilities (excluding the Excluded Liabilities) of the Business as determined by reference to SCHEDULE 1.0(a). {OMITTED TEXT}*
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Base Net Assets means the amount of the net assets of the Group as set out in the Base Net Asset Statement;
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Base Net Assets means, he Net Assets of the Company as of July 31, 2010, which was Sixteen Million Seven Thousand Fifteen Dollars ($16,007,015).
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Base Net Assets means Two Million Three Hundred Forty-Six Thousand Four Hundred Thirty Dollars ($2,346,430).
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Base Net Assets means One Million Five Hundred Fourteen Thousand Nine Hundred Thirteen Dollars ($1,514,913).
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Base Net Assets means Two Million Three Hundred Forty-Six Thousand Four Hundred Thirty Dollars ($2,346,430). Sellers represent and warrant that none of the HUD Escrow Funds are included in the Base Net Assets.
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Base Net Assets. Section 2.6.3.1 “Basket” Section 9.2.3
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