Closing Net Debt Statement definition

Closing Net Debt Statement shall have the meaning set forth in Section 2.3.2(a)(ii).
Closing Net Debt Statement means, in relation to the Companies, the closing net debt statement as at the Transfer Time, prepared in accordance with the provisions of Part 1 (Closing Net Debt Statement) of Schedule 12 (Debt);

Examples of Closing Net Debt Statement in a sentence

  • 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).

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

  • 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.

  • Back to Contents Part C : Procedure for determining Closing Net Debt Statement The provisions of each of Paragraphs 3.1 (Issue of the Working Capital Statement), 3.2 (Access to working papers), 3.3 (If ICI disagrees with calculation) and 3.4 (Records etc.

  • 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).

Related to Closing Net Debt Statement