Closing Indebtedness definition
Closing Indebtedness means Indebtedness of the Company and its Subsidiaries as of immediately prior to the Closing (without giving effect to the Transactions but including any prepayment penalties, premia, breakage costs or similar amounts payable with respect to the Closing).
Closing Indebtedness means, as of any date or time of determination, the Indebtedness of the Acquired Companies as calculated in accordance with the Transaction Accounting Principles.
Closing Indebtedness has the meaning set forth in Section 2.05(a).
Examples of Closing Indebtedness in a sentence
In addition, notwithstanding any other provision herein to the contrary, from and immediately prior to the Calculation Time through the Closing, the Transferred Entities shall not repay any Closing Indebtedness.
More Definitions of Closing Indebtedness
Closing Indebtedness means the aggregate amount of all outstanding Indebtedness of the Company and its Subsidiaries as of immediately prior to the Effective Time, including any termination, pre-payment, balloon or similar fees or payments (including penalties) that would be associated with the full repayment and retirement of such Indebtedness (whether prior to or following the Effective Time).
Closing Indebtedness means all Indebtedness of the Company as of the Effective Time.
Closing Indebtedness means Indebtedness as of immediately prior to the Closing.
Closing Indebtedness means the Indebtedness of the Acquired Companies immediately prior to the Effective Time.
Closing Indebtedness means the aggregate amount of Indebtedness of the Group Companies as of the Adjustment Time.
Closing Indebtedness means the sum of all Indebtedness for Borrowed Money of the Company Group Members outstanding as of the Closing Date.
Closing Indebtedness means Indebtedness as of the close of business on the day immediately preceding the Closing Date.