Closing Funded Debt definition

Closing Funded Debt means an amount equal to the Funded Debt of the Purchased Companies and the Subsidiaries of the Purchased Companies as of the close of business on the Closing Date.

Closing Funded Debt means an amount equal to the sum of the Funded Debt of the Purchased Companies (and Subsidiaries thereof) as of 11:59 p.m. Eastern Time on the day immediately preceding the Closing Date.

Closing Funded Debt means the aggregate amount of Funded Debt as of immediately prior to the Effective Time. “Closing Statement” shall have the meaning set forth in Section 2.11(b).

Examples of Closing Funded Debt in a sentence

• If at any time prior to February 23, 2007, Parent determines, in its sole discretion, that the Aggregate Closing Funded Debt shall be an aggregate principal amount less than $600,000,000, Parent shall notify the Company in writing of such determination, which notice shall specify the Aggregate Closing Funded Debt Parent has determined will be incurred at Closing.

• Parent may exercise its right under this Section 6.12(c) to determine Aggregate Closing Funded Debt on one or more occasions so long as it complies with its notice requirements each time it exercises such right.

• The Aggregate Closing Funded Debt shall be not be less than $600,000,000.

• The Estimated Closing Working Capital, the Estimated Adjustment Amount, the Estimated Closing Cash Amounts and the Estimated Closing Funded Debt shall be used to calculate the Closing Purchase Price to be paid by Buyer to HD Supply, on behalf of the Sellers, at the Closing.

• The Escrow Agent shall retain the Escrow Amount for distribution in accordance with the terms of this Agreement, and shall immediately pay off the Closing Funded Debt with the remaining amount of the deposit.

More Definitions of Closing Funded Debt

Closing Funded Debt means an amount equal to the sum of the aggregate Funded Debt of the Purchased Entities and any Seller Entities (to the extent such Funded Debt of any Seller Entities is an Assumed Liability), in each case as of immediately prior to the Closing.

Closing Funded Debt means the sum of (a) the Closing Ducted Funded Debt plus (b)(i) the Closing Ductless Funded Debt multiplied by (ii) the percentage of the outstanding equity interest in JCH held directly or indirectly by Seller as set forth on Section 2.4(a)(ii) of the Seller Disclosure Schedules.

Closing Funded Debt means an amount equal to the sum of (a) the Funded Debt of the Purchased Entities plus (b) an amount equal to the Funded Debt of the Purchased Consolidated Ventures multiplied by the percentage of the outstanding equity interest in such Purchased Consolidated Ventures represented by the Purchased Venture Interests in such Purchased Consolidated Ventures, in each case, as of 11:59 p.m. Eastern Time on the day immediately preceding the Closing Date.

Closing Funded Debt means (i) the aggregate amount of Funded Debt of the Xxxxxxxx Companies outstanding as of the Closing Date, plus (ii) the other long term liabilities (other than retiree health and retiree life insurance and unfunded death benefits) outstanding as of the Closing Date, plus (iii) the Purchase Price as defined and set forth in the Warrant Repurchase Agreement.

Closing Funded Debt is defined in Section 1.03(a) of this Agreement.

Closing Funded Debt means an amount equal to the sum of (a) the Funded Debt of the Purchased Entities plus (b) an amount equal to the Funded Debt of the Purchased Consolidated Ventures multiplied by the percentage of the outstanding equity interest in such Purchased Consolidated Ventures represented by the Purchased Venture Interests in such Purchased Consolidated Ventures, in each case, as of 11:59 p.m. Eastern Time on the Business Day immediately preceding the Closing Date.

Closing Funded Debt means (i) the aggregate amount of Funded Debt of the Schaefer Companies outstanding as of the Closing Date, plus