Closing Date Net Assets definition

Closing Date Net Assets. Net Assets as most recently calculated prior to the Closing Date (but in any event within 10 Days of the Closing Date).

Closing Date Net Assets has the meaning set forth in section 2(c)(i) below.

Closing Date Net Assets as used herein shall mean the book value of the Assets set forth on the Final Closing

Examples of Closing Date Net Assets in a sentence

• If the Closing Date Net Assets Amount were higher than the Adjusted Net Assets Amount on 31st March, 2000 (Rs.590.95 crore), the Purchaser shall pay 51 per cent of the difference to the Government and if the Closing Date Net Assets Amount was lower than the Adjusted Net Assets Amount, the Government shall pay 51 per cent of the difference to the Purchaser.

• The sum of the current and non- current assets of the company reflected on the Closing Date Statement less the sum of the current and non-current liabilities of the company reflected on the Closing Date Statement is referred to in this Agreement as the Closing Date Net Assets Amount.

• Dr. Holdnak shared that he and President Grosskopf’s terms as Committee Co-Chairs have expired.

• The term "Closing Date Net Assets" as used herein shall mean the book value of the Assets set forth on the Final Closing Statement of Net Assets (as hereinafter defined) in excess of the amount of the Assumed Liabilities set forth on the Final Closing Statement of Net Assets, determined in accordance with the procedures set forth below.

• Two different pattern have been designed and are provided in sections on CD.

More Definitions of Closing Date Net Assets

Closing Date Net Assets means Net Assets as of the Closing Date.

Closing Date Net Assets shall have the meaning specified in 1.7(a).

Closing Date Net Assets the combined net assets (total assets minus (ii) total liabilities other than any Indebtedness) of the Acquired Companies as of the Closing Date calculated in accordance with GAAP.

Closing Date Net Assets means the excess of (a) the Assets on the Closing Date over (b) the dollar amount of currently payable Assumed Liabilities on the Closing Date, all as determined in accordance with GAAP applied in a manner consistent with those principles used in preparing the Latest Balance Sheet.

Closing Date Net Assets means the amount determined by subtracting from the aggregate amount of the Assets reflected on the final Closing Date Balance Sheet, the aggregate amount of the Assumed Liabilities reflected on the final Closing Date Balance Sheet, as determined pursuant to this Section 2.10.

Closing Date Net Assets means, with respect to a Contributing Party, an amount equal to the total assets minus the total liabilities indicated in the Closing Date Contribution Balance Sheet for such Contributing Party; provided, such amount shall not include any assets or liabilities relating

Closing Date Net Assets. Net Assets as most recently calculated prior to the Second Amendment Effective Date (but in any event within 10 Days of the Second Amendment Effective Date).