Estimated Debt definition

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

Estimated Debt has the meaning set forth in Section 3.01.

Estimated Debt has the meaning ascribed to such term in Section 1.04(b).

Examples of Estimated Debt in a sentence

• For purposes of this Agreement, “Estimated Closing Adjustment Amount” means an amount (positive or negative) equal to the Estimated Net Working Capital, minus the Target Working Capital, plus the Estimated Cash, minus the Estimated Debt, minus the Estimated Transaction Expenses.

• Table 9.4 uses the expected capital expenditures and noncash working capital needs over the next five years, in conjunction with external financing needs, to estimate the debt ratio in each year.Table 9.4 Estimated Debt Ratios with Existing Payout Ratios: Disney (Notice that cash outflows are shown as positive and cash inflows as negative) 10The effect of dividends on the market value of equity can best be captured by noting the effect the payment on dividends has on stock prices on the ex-dividend day.

• If Disney bought back 7.5 percent of the stock outstanding each year, the debt ratio at the end of year five would rise to almost 36%, as shown in Table 9.6.11Table 9.6 Estimated Debt Ratio with Equity Buyback of 7.5% a Year Current Year12345Equity$45,193$44,882$44,592$44,320$44,062$43,815Debt$16,682$18,407$20,066$21,658$23,179$24,625Debt/(Debt+Equity)26.96%29.08%31.03%32.83%34.47%35.98%Revenues$36,990$38,840$40,781$42,821$44,962$47,210 Capital Expenditures$3,389$3,559$3,737$3,924$4,120$4,326+ Chg in Work.

• Prior to delivery of Estimated Debt and Estimated Working Capital, the Company shall afford to Parent and its representatives the ability to observe the preparation of its calculations of Estimated Debt and Estimated Working Capital and shall make its senior financial officers reasonably available to answer any questions regarding such calculations and the Company’s preparation of the Balance Sheet and the balance sheets used to calculate the Reference Amount.

• The Splitco Securities Principal Amount may be increased pursuant to Section 3.2. In addition, as of the Estimation Date, (i) if the Parent Estimated Debt Expenses exceed the Parent Allocated Debt Expenses, then the Splitco Securities Principal Amount shall be increased by the amount of such excess, and (ii) if the Parent Allocated Debt Expenses exceed the Parent Estimated Debt Expenses, then the Splitco Securities Principal Amount shall be reduced by the amount of such excess.

More Definitions of Estimated Debt

Estimated Debt means the Sellers' estimate of Debt as at the Completion Date, as stated in the Estimated Completion Accounts;

Estimated Debt means the amount of the Debt estimated by the Seller pursuant to clause 4.6;

Estimated Debt has the meaning given in Schedule 4;

Estimated Debt the Seller's good faith estimate of Debt of the Group Companies at the Relevant Time based on the information available at the time such calculation is made and taking into account the Accounting Policies;

Estimated Debt has the meaning ascribed to such term in Section 2.3(a)

Estimated Debt has the meaning given to that term in clause 5.3(b);

Estimated Debt means the Debt as of the Closing Date as set forth on the Estimated Closing Date Balance Sheet.