Closing Net Debt Statement definition

Closing Net Debt Statement has the meaning set forth in Section 2.8(a).

Closing Net Debt Statement means a statement as at the Completion Date prepared in accordance with Schedule 12 (Net Debt); Companies means each of the Irish Company, the Philippines Companies, the Brazil Company and the UK Company, details of which are set out in Part A of Schedule 13 (The Companies and the Joint Venture Company);

Examples of Closing Net Debt Statement in a sentence

• The Final Companies Closing Net Debt Statement is to be prepared, and the Closing Net Debt True-Up Amount is to be calculated, in accordance with the Companies Accounting Standards using the Companies Accounting Principles.

• The Closing Net Debt Statement shall be prepared and agreed in accordance with the provisions of this Part 1 (Closing Net Debt Statement) of Schedule 12 (Debt).

• In case such an adjustment of the profit to be transferred by Thales e-Transactions Germany to Thales Germany takes place, this adjustment would be deemed of no impact on the Final Companies Closing Net Debt Statement and the Final Companies Closing Combined Working Capital Statement.

• Parent shall, from and after the Closing Date, provide the Escrow Representative and its accountants with all data and financial statements reasonably requested by the Escrow Representative, and full access to the books and records, any other information, including work of its accountants, and to any employees to the extent necessary for the Escrow Representative to review the Closing Net Debt Statement and Closing Net Working Capital Schedule.

• If the Escrow Representative objects to the Closing Net Debt Statement or Closing Net Working Capital Schedule, Parent shall then have fifteen (15) days to review and respond to the Escrow Representative’s Objection.

• The amount of delinquent assessment collected shall be forwarded to the Owners’ Association.

• The Closing Net Debt Statement and the Closing Net Working Capital Schedule shall be prepared on the same form and basis using accounting principles, practices and methods consistent with those used in preparing Schedules 2.8(d)(i) and (ii).

• Dear Ms Aamann, Thanks for your message, I too hope that you and your colleagues are managing to cope with the current unprecedented situation.

• Parent’s Closing Net Debt Statement and Closing Net Working Capital Schedule, as adjusted for any matter included in the Escrow Representative’s Objection that is not disputed in Parent’s Objection, shall be deemed conclusively accepted by the Escrow Representative and Parent, except in respect of those matters still in dispute in accordance herewith.

• To the extent any of these returns (except Transfer Tax Returns) show Taxes due for such period prior to the Closing Date, the relevant Seller shall provide Buyer with the cash to pay the Taxes to the extent not covered by the amount of Taxes included in the computation of the Final Companies Closing Net Debt Statement or of the Final Closing Working Capital Statement.