Closing Indebtedness Adjustment Amount definition

Closing Indebtedness Adjustment Amount means an amount equal to (a) the Final Closing Indebtedness Amount minus (b) the Closing Indebtedness Amount, which number, for the avoidance of doubt, may be positive or negative.
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Closing Indebtedness Adjustment Amount means the positive or negative number resulting from the difference between the Closing Indebtedness as finally determined in accordance with Section 2.04 and the aggregate of all Indebtedness paid in accordance with Section 2.03.
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Closing Indebtedness Adjustment Amount has the meaning set forth in Section 2.4(b)(i)(B).
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Examples of Closing Indebtedness Adjustment Amount in a sentence

  • Each Initial Closing Statement shall set forth, with respect to the Ardagh Purchased Entities or the Exal Purchased Entities, as applicable: (A) the Closing Indebtedness, and the resulting Closing Indebtedness Adjustment Amount (if any); (B) the Closing Cash; and (C) the Closing Working Capital Amount, and either the resulting Closing Working Capital Excess or Closing Working Capital Shortfall (if any), as the case may be, and shall be accompanied by reasonable supporting documentation.

  • The Parties agree that the procedures set forth in this Section ‎2.9 for resolving disputes with respect to the Initial Closing Statements, the Closing Working Capital Amounts, the Closing Indebtedness Adjustment Amount, the Closing Cash and the other amounts required to be set forth in the Initial Closing Statements pursuant to Section ‎2.9(b) shall be the sole and exclusive method for resolving any such disputes.


More Definitions of Closing Indebtedness Adjustment Amount

Closing Indebtedness Adjustment Amount. “ means a dollar amount, which may be a negative number, equal to the Closing Indebtedness Amount minus the Estimated Closing Indebtedness.
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Closing Indebtedness Adjustment Amount means a dollar amount, which may be a negative number, equal to the Closing Indebtedness Amount
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Closing Indebtedness Adjustment Amount means an amount (which may be positive or negative) equal to the Closing Indebtedness, as finally determined pursuant to Section 2.4.2, minus the Estimated Closing Indebtedness.
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Closing Indebtedness Adjustment Amount means (a) with respect to the Ardagh Purchased Entities, the amount (which may be a positive or negative number) equal to the difference, if any, between the Closing Indebtedness of the Ardagh Purchased Entities and [*] and (b) with respect to the Exal Purchased Entities, the amount (which may be a positive or negative number) equal to the difference, if any, between the Closing Indebtedness of the Exal Purchased Entities and [*]. For the avoidance of doubt, Closing Indebtedness of the Ardagh Purchased Entities or the Exal Purchased Entities (i) in excess of [*], respectively, shall be deemed to be a positive number and (ii) below [*], respectively, shall be deemed to be a negative number.
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Closing Indebtedness Adjustment Amount means a dollar amount, which may be a negative number, equal to the Closing Indebtedness Amountminus the Estimated Closing Indebtedness.
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Related to Closing Indebtedness Adjustment Amount

  • Closing Indebtedness Amount means, as of immediately prior to the Effective Time, the aggregate amount of Indebtedness of the Company, including all accrued and unpaid interest, prepayment penalties or fees, and other unpaid fees and expenses payable in respect of such Indebtedness through the Effective Time.

  • Closing Indebtedness means the aggregate amount of all Indebtedness of the Company and its Subsidiaries as of immediately prior, and without giving effect to, the Closing.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Final Closing Indebtedness means the aggregate amount of Closing Indebtedness set forth in the Final Closing Statement.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Closing Date Indebtedness means the aggregate amount of Indebtedness of the Company as of immediately prior to the Closing.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Financing Costs Adjustment Date means each of the following days:

  • Assumed Indebtedness means Indebtedness of a Person which is (a) in existence at the time such Person becomes a Restricted Subsidiary of the Borrower or (b) is assumed in connection with an Investment in or acquisition of such Person, and has not been incurred or created by such Person in connection with, or in anticipation or contemplation of, such Person becoming a Restricted Subsidiary of the Borrower.

  • Working Capital Escrow Amount means $2,000,000.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Target Net Working Capital Amount means $5,000,000.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Target Working Capital Amount means $75,000,000.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Closing Amount has the meaning set forth in Section 2.3.

  • Estimated Indebtedness has the meaning set forth in Section 2.4(a).