Estimated External Debt definition

Estimated External Debt the Vendor's estimate of Actual External Debt provided in accordance with Clause 5.7;
Sample 1
Estimated External Debt means, in relation to each Target Sub-Group, the estimate of what the External Debt attributable to that Target Sub-Group will be as at Closing, as shown in Part A of Exhibit 4;
Sample 1
Estimated External Debt means the estimate of what the External Debt attributable to the Company will be as at Closing, as shown in Exhibit 1;
Sample 1

Examples of Estimated External Debt in a sentence

  • The prudential indicator for Estimated External Debt considers a single point in time and hence is only directly comparable to the Authorised Limit and Operational Boundary at that point in time.

  • Prior to the Vendors delivering such estimate amounts to the Purchaser, the Vendors agree that they shall inform, and give the Purchaser reasonable opportunity to consult with the Vendors, regarding the amounts of the Estimated External Debt, the Estimated Cash Balance, the Estimated Inter-Group Payables and the Estimated Inter-Group Receivables in relation to each Group Company and the amount of the Estimated Trade Working Capital.

  • The Seller shall provide the Purchaser with its calculation in good faith of the amounts of the Estimated External Debt, the Estimated Cash and the amounts to be paid under Schedule 8 (together with supporting documentation, such documentation to include the most recent (prior to Closing) monthly management accounts of the relevant Group Companies) no later than 7 Business Days prior to Closing.

  • If the parties agree any different estimates, then those instead shall constitute the Estimated Cash and Estimated External Debt of each Relevant Target Company for the purpose of this agreement.

  • The parties shall promptly discuss those estimates in good faith and those estimates shall constitute the Estimated Cash and Estimated External Debt of each Relevant Target Company for the purpose of this agreement unless the Purchasers can demonstrate that the evidence and calculations provided do not constitute a reasonable basis for the estimates provided.

  • However, if no such agreement has been reached by no later than 3 Business Days prior to the Closing Date, the amounts shown in the most recent (prior to Closing) monthly management accounts of the relevant Group Companies shall be used to determine the Estimated External Debt and the Estimated Cash for the purposes of clause 2.1(c) and (d) and the amounts to be paid under Schedule 8.


More Definitions of Estimated External Debt

Estimated External Debt has the meaning given to it in Clause 2.1;
Sample 1
Estimated External Debt means the estimate of the Perimeter External Debt as at the Determination Time as recorded in the Estimated Closing Statements;
Sample 1
Estimated External Debt means (subject to clause 2.4), in relation to each Target Company, the estimated External Debt expressed in Euros attributable to that Target Company as at Closing, as shown in column 3 of the Annex to Error! Reference source not found.;
Sample 1

Related to Estimated External Debt

  • External Debt means obligations (other than the Notes) of, or guaranteed by, the Republic for borrowed money or evidenced by bonds, notes or other similar instruments denominated or payable, or those which at the option of the holder thereof are so denominated or payable, in a currency other than the local currency of the Republic.

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

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

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

  • Estimated Net Working Capital has the meaning set forth in Section 2.3(a).

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

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Estimated Working Capital has the meaning set forth in Section 2.3(a).

  • Closing Working Capital Statement has the meaning set forth in Section 2.04(b)(i).

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

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

  • Final Working Capital Statement has the meaning set forth in Section 2.04.

  • Closing Indebtedness means the aggregate amount of all Indebtedness of the Company and its Subsidiaries as of immediately prior, and without giving effect to, the Closing.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Consolidated Working Capital means, as at any date of determination, the excess of Current Assets over Current Liabilities.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Public External Indebtedness means any External Indebtedness which is in the form of, or represented by, notes, bonds or other securities which are for the time being quoted, listed or ordinarily dealt in on any stock exchange.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Closing Indebtedness Amount means, as of immediately prior to the Effective Time, the aggregate amount of Indebtedness of the Company, including all accrued and unpaid interest, prepayment penalties or fees, and other unpaid fees and expenses payable in respect of such Indebtedness through the Effective Time.

  • Working Capital Statement has the meaning set forth in Section 2.3(a).

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • External Indebtedness means Indebtedness which is payable, or at the option of its Holder may be paid, (i) in a currency or by reference to a currency other than the currency of Mexico, (ii) to a person resident or having its head office or its principal place of business outside Mexico and (iii) outside the territory of Mexico.

  • Consolidated First Lien Net Debt means Consolidated Total Net Debt minus the sum of (i) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is not secured by any Lien on the Collateral and (ii) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is secured by Liens on the Collateral, which Liens are expressly subordinated or junior to the Liens securing the Obligations.