Company Closing Net Worth definition

Company Closing Net Worth means the net worth of the Company as of the Closing, determined in accordance with U.S. GAAP and the methodology set forth on Section 1.1(b)(6) of the Disclosure Schedule, which such Schedule sets forth the calculation of the net worth of the Company as of January 31, 2016.
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Company Closing Net Worth means, if the Closing occurs on or before July 31, 2005, $17,173,000; if the Closing occurs on or after August 1, 2005 but on or before August 31, 2005, $17,363,000; if the Closing occurs on or after September 1, 2005 but on or before September 30, 2005, $17,566,000; if the Closing occurs on or after October 1, 2005 but on or before October 31, 2005, $17,764,000; and if the closing occurs on or after November 1, 2005, $17,996,000.
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Company Closing Net Worth means, $26,750,000 plus an additional $100,000 for each month after December 31, 2005, calculated as of the first day of such month, until the Offer Closing Date or the Merger Closing Date, as the case may be, has occurred.
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Examples of Company Closing Net Worth in a sentence

  • On the day that is five Business Days immediately prior to the anticipated Closing Date, the Seller shall prepare and deliver to the Buyer a statement setting forth a good faith estimate of the Company Closing Net Worth (the “Estimated Company Closing Net Worth”) and the Company Net Worth Closing Adjustment (the “Closing Statement”), together with all related supporting schedules, calculations and documentation.


More Definitions of Company Closing Net Worth

Company Closing Net Worth has the meaning given such term in Section 9.2(f) hereof.
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Related to Company Closing Net Worth

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Merger Closing means the “Closing” as defined in the Merger Agreement.

  • Second Closing has the meaning set forth in Section 2.2.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

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

  • Second Closing Date means the date of the Second Closing.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Final Closing means the last closing under the Private Placement;

  • Parent Closing Price means the average, rounded to the nearest one ten thousandth, of the closing sale prices of Parent Common Stock on the NYSE as reported by The Wall Street Journal for the five full NYSE trading days immediately preceding (but not including) the Effective Date.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.