Estimated Closing Net Debt definition

Estimated Closing Net Debt shall have the meaning as defined in Section 1.5(a) hereto.

Estimated Closing Net Debt means the Closing Net Debt as set forth on the Estimated Closing Statement.

Estimated Closing Net Debt has the meaning set forth in Section 1.2(b)(i).

Examples of Estimated Closing Net Debt in a sentence

• In the event that the Estimated Closing Net Debt exceeds the Final Closing Net Debt, the Purchaser shall be obligated to pay to the Sellers an amount equal to such excess, in cash in immediately available funds.

• The Base Purchase Price will be adjusted (as so adjusted, the "Purchase Price") (i) upward, US dollar for US dollar, by the Estimated Closing Net Debt in the event that such amount is negative and (ii) downward, US dollar for US dollar, by the Estimated Closing Net Debt in the event that such amount is positive.

• The Estimated Closing Net Debt Calculation Statement and the determinations contained therein shall be prepared in accordance with the Accounting Principles and otherwise in accordance with this Agreement.

• If Parent and Purchaser are not able to resolve any dispute regarding the Estimated Closing Net Debt by two (2) Business Days before the Closing Date, the Estimated Closing Net Debt shall equal to the Estimated Closing Net Debt as set forth in Parent's written estimate.

• At such time as the Closing Net Debt shall become final in accordance with Section 1.3(b) (the “Final Closing Net Debt”), the Final Closing Net Debt shall be compared to the Estimated Closing Net Debt.

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

• If Closing Net Debt exceeds Estimated Closing Net Debt, then Buyer shall pay to Seller, as an adjustment to the Purchase Price, in the manner provided in Section 2.03(b), the amount of such excess.

• In the event that the Final Closing Net Debt exceeds the Estimated Closing Net Debt, the Sellers shall be obligated to pay to the Purchaser an amount equal to such excess, in cash in immediately available funds.

More Definitions of Estimated Closing Net Debt

Estimated Closing Net Debt shall have the meaning as set forth in Section 2.2.

Estimated Closing Net Debt has the meaning specified in Section 3.2(a)(i).

Estimated Closing Net Debt has the meaning set out in Schedule 3;

Estimated Closing Net Debt. As defined in Section 2.3(b). "Estimated Closing Net Debt Statement" As defined in Section 2.3(b). "European Commission" The Commission of the European Communities. "Even Santé Prepayment" The prepayment advanced by Nutrition S.A.S. in the amount reflected on the balance sheet of the Business as of the Closing Date pursuant to that certain Supply and Development Agreement, dated 27 May 2003, by and between Even Santé Industrie S.A.S. and Nutrition S.A.S., as replaced and superceded by the Supply and Development Agreement, effective 1 January 2007, by and between Even Santé Industrie S.A.S. and Novartis Consumer Health S.A. "Excluded Agreements" As defined in Section 2.1(k)(xii). "Excluded Assets" As defined in Section 2.1(k). "Excluded Liabilities" As defined in Section 2.2(b). "Excluded Taxes"