Closing Date Financial Debt definition

Closing Date Financial Debt means the Financial Debt as shown in the Closing Date Financial Accounts.
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Closing Date Financial Debt means the Group Companies’ consolidated Indebtedness (inclusive of the Payoff Amounts and the amounts set forth in similar prepayment letters from any of the Group Companies’ lenders) and all other debt or debt-like items identified in Annex 1.2(b)) as at the Reference Date, determined in accordance with the Accounting Principles and the criteria set forth in Annex 1.2(b), which includes an example of calculation thereof as at December 31, 2015 and March 31, 2016 based on the Financial Statements and the DCS Financials.
Sample 1
Closing Date Financial Debt means the Group Companies’ consolidated Indebtedness (inclusive of the Payoff Amounts and the amounts set forth in similar prepayment letters from any of the Group Companies’ lenders) and all other debt or debt- like items identified in Annex 1.2(b) ) as at the Reference Date, determined in accordance with the Accounting Principles and the criteria set forth in Annex 1.2(b) , which includes an example of calculation thereof as at December 31, 2015 and March 31, 2016 based on the Financial Statements and the DCS Financials.
Sample 1

Examples of Closing Date Financial Debt in a sentence

  • For example, if Seller claims that the Closing Date Financial Debt is EUR 1,000 greater than the amount determined by Purchaser, and Purchaser contests only EUR 500 of the amount claimed by Seller, and if the Accounting Firm ultimately resolves the dispute by awarding Seller EUR 300 of the EUR 500 contested, then the costs and expenses of the Accounting Firm will be allocated 60% (i.e., 300 / 500 x 100 %) to Purchaser and 40% (i.e., 200 / 500 x 100%) to Seller.

  • The Seller shall pay to the Purchaser 1, 2 and 3 the amount of all Taxes relating to any period ending prior to or on the Closing Date (“Pre-Closing Date Taxes”), payable by the Group Companies, which have not been deducted as Closing Date Financial Debt or included in the Closing Date Net Working Capital.

  • A sample calculation of the Closing Date Financial Debt, the Closing Date Cash and Closing Date Net Working Capital based on the Effective Date Accounts is attached as Schedule 3.1 (b).


More Definitions of Closing Date Financial Debt

Closing Date Financial Debt means all liabilities in the nature of borrowings from third parties and interest accrued thereon (but excluding, for the avoidance of doubt, amounts owing to trade creditors arising in the ordinary course of business), receivables sold or discounted otherwise than on a non-recourse basis (including receivables sold by FrymaKoruma AG to Seller1) but excluding any intercompany balance of a Group Company that is a payable towards a R&M Group company;
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Closing Date Financial Debt means the consolidated amount of the line items set forth in Schedule 3.3, in euro as per the Closing Date, as determined on the basis of the Final Closing Date Balance Sheet.
Sample 1
Closing Date Financial Debt has the meaning set forth in Section 3 (1) d).
Sample 1

Related to Closing Date Financial Debt

  • Closing Date Financial Statements has the meaning set forth in Section 2.3(a)(i).

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Net Financial Debt ’ means “Gross Financial Debt” less “cash and cash equivalents”. This measure offers to the reader a global view of the Financial Debt without considering the payment terms and reduced by the effects of the available cash and cash equivalents to face these future payments.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

  • Closing Date Balance Sheet has the meaning specified in Section 2.7.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Final Closing Indebtedness means the aggregate amount of Closing Indebtedness set forth in the Final Closing Statement.

  • Financial Closing Date means the date of the closing of the initial agreements for any Financing of the Facility and of an initial disbursement of funds under such agreements.

  • Financial Debt means a debt along with interest, if any, which is disbursed against the consideration for the time value of money and includes—

  • Closing Indebtedness means the aggregate amount of all Indebtedness of the Company and its Subsidiaries as of immediately prior, and without giving effect to, the Closing.

  • Closing Date Acquisition Agreement shall have the meaning assigned to such term in the recitals hereto.

  • Closing Indebtedness Amount means, as of immediately prior to the Effective Time, the aggregate amount of Indebtedness of the Company, including all accrued and unpaid interest, prepayment penalties or fees, and other unpaid fees and expenses payable in respect of such Indebtedness through the Effective Time.

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Closing Date Term Loan Commitment means, in the case of each Lender that is a Lender on the Closing Date, the amount set forth opposite such Lender’s name on Schedule 1.1(b) as such Lender’s Closing Date Term Loan Commitment. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $820,000,000.

  • Interim Financing means any new financial assistance, provided by an existing or a new creditor, that includes, as a minimum, financial assistance during the stay of individual enforcement actions, and that is reasonable and immediately necessary for the debtor's business to continue operating, or to preserve or enhance the value of that business;

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Closing Date Refinancing means the repayment, repurchase, redemption, defeasance or other discharge of the Existing Debt Facility and termination and/or release of any security interests and guarantees in connection therewith.

  • Purchaser Financial Statements shall have the meaning specified in Section 4.8.1.