Examples of Estimated Debt Amount in a sentence
Additionally, the Purchase Price shall be adjusted [a] upward by [i] the amount by which the Final Cash Amount is greater than the Estimated Cash Amount and [ii] the amount by which the Final Debt Amount is less than the Estimated Debt Amount and [b] downward by [i] the amount by which the Final Cash Amount is less than the Estimated Cash Amount and [ii] the amount by which the Final Debt Amount is greater than the Estimated Debt Amount.
To the extent not paid by the Company prior to the Closing, Purchaser shall pay, on behalf of the Sellers and as a deduction from the Initial Payment, the Estimated Debt Amount in accordance with the instructions set forth in the Funds Flow Schedule.
The Purchaser and the Principal Seller have agreed the Estimated Cash Amount, the Estimated Debt Amount and the Estimated Working Capital Amount which has been derived from the unaudited management accounts forecast relating to the Group drawn up to 30 April 2005 and set out in Part 2 of Schedule 3.
The Estimated Cash Amount, the Estimated Debt Amount, and the Estimated Closing Net Working Capital Amount shall be determined in accordance with the Specified Accounting Principles and as set forth in Exhibit A.
The “Closing Adjustment” (which may be a negative number) shall mean an amount equal to (i) the Estimated Net Working Capital Adjustment plus (ii) the Estimated Cash Amount minus (iii) the Estimated Debt Amount.