Closing Date Indebtedness Statement definition

Closing Date Indebtedness Statement has the meaning set forth in Section 3.2.
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Closing Date Indebtedness Statement means a statement prepared by the Company and delivered to the Buyer setting forth the detailed individual amounts that would be the Closing Indebtedness were the Closing Date to be the date of such statement (the “Estimated Closing Indebtedness”), which statement will be accompanied by a pay-off letter from each applicable third party creditor whose amounts will be included in such Company Indebtedness, and the Company’s good faith estimate of anticipated borrowings and repayments through the Closing Date.
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Closing Date Indebtedness Statement means the statement that sets forth the Closing Date Indebtedness of the Target Group as of the close of business on the Closing Date (without giving effect to the payments set forth in section 3.3.3), prepared by the Buyer in accordance with Part II of this Schedule
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Examples of Closing Date Indebtedness Statement in a sentence

  • The Company shall have delivered to the Purchaser the Closing Date Indebtedness Statement in accordance with Section 3.2.

  • Copies of the Payoff Letters, delivered in accordance with Section 8.1(f) hereof, shall be attached to the Closing Date Indebtedness Statement.

  • The Closing Date Balance Sheet, the Closing Date Indebtedness Statement, the Closing Date Working Capital Statement and the Closing Date Cash Statement (together, the “Closing Statement”) shall be prepared in accordance with GAAP applied on a basis consistent with the preparation of the Financial Statements, shall be fair and accurate.

  • Copies of the Payoff Letters, delivered in accordance with Section 8.2(g) hereof, are attached to the Closing Date Indebtedness Statement.

  • All Severance Costs not included in the Final Working Capital Schedule or otherwise paid at or prior to the Closing shall be treated as Closing Date Indebtedness and shall be set forth in detail in the Closing Date Indebtedness Statement unless otherwise mutually agreed to by the Parties.

  • Attached to the Closing Date Indebtedness Statement will be copies of the Pay Off Letters (as defined in Section 4.12) delivered in accordance with Section 4.12.

  • Copies of the Payoff Letters, delivered in accordance with Section 8.2(f) hereof, shall be attached to the Closing Date Indebtedness Statement.

  • Copies of the Payoff Letters, delivered in accordance with Section 9.1(g) hereof, shall be attached to the Closing Date Indebtedness Statement.

  • At the Effective Time, Parent shall, on behalf of the Company, pay to such account or accounts as the Company specifies to Parent pursuant to the Closing Date Indebtedness Statement (as defined in Section 4.11), the aggregate amount of the Indebtedness.

  • Attached to the Closing Date Indebtedness Statement are copies of the Payoff Letters delivered in accordance with Section 8.2(l).


More Definitions of Closing Date Indebtedness Statement

Closing Date Indebtedness Statement. A signed letter or certificate executed by the chief executive officer or chief financial officer of the Company certifying as to the amount of the Closing Date Indebtedness as of the Closing Date. Exhibit A
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