Closing Date Indebtedness definition

Closing Date Indebtedness means the aggregate amount of Indebtedness, determined as of and immediately prior to the Closing.
Closing Date Indebtedness means the amount of Indebtedness outstanding as of the Closing (without giving effect to the transactions contemplated herein), excluding (i) any Indebtedness that is included in the Working Capital calculations in accordance with Section 2.7 and (ii) any Indebtedness (including guarantees thereof) that will be released upon or immediately following the Closing.

Examples of Closing Date Indebtedness in a sentence

  • No actions taken by Parent, directly or indirectly, on its own behalf or on behalf of the Surviving Corporation or the Company Subsidiaries, on or following the Closing Date shall be given effect for purposes of determining the Closing Working Capital, Closing Date Cash, Closing Date Indebtedness or Company Expenses.


More Definitions of Closing Date Indebtedness

Closing Date Indebtedness means the Indebtedness of the Group Companies as of 11:59 p.m. ET on the Business Day immediately preceding the Closing Date.
Closing Date Indebtedness means Indebtedness outstanding on the date hereof and, to the extent in excess of $2,500,000, described on Schedule 10.1.
Closing Date Indebtedness has the meaning specified in Section 3.08(a).
Closing Date Indebtedness shall have the meaning set forth in Section 1.2(a).
Closing Date Indebtedness means all Indebtedness of the Group Companies as of the Adjustment Time, as may be adjusted pursuant to Section 1.10.
Closing Date Indebtedness means Indebtedness described on Schedule 10.1.
Closing Date Indebtedness means the aggregate value of all Indebtedness as of the Closing Date, in each case of the Transferred Companies determined on a consolidated basis without duplication and calculated in accordance with the Accounting Principles.