Estimated Net Assets definition

Estimated Net Assets shall have the meaning set forth in Section 2.4(a).

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Estimated Net Assets has the meaning ascribed to such term in Section 2.3(a).

Estimated Net Assets is defined in Section 1.5(a)(i).

Examples of Estimated Net Assets in a sentence

If the Facility/Design Closing Net Assets Value set forth on the Closing Statement of Assets and Liabilities, as finally determined pursuant to Section 2.4(3), exceeds the Facility/Design Estimated Net Assets Value, the Purchase Price shall be increased dollar for dollar by the amount of such excess and the Purchaser shall pay (as noted below in this Section 2.4(4)) to the Seller on behalf of itself and any applicable Designated Sellers the amount of such excess.
If the value of the Facility/Design Closing Net Assets Value set forth on the Closing Statement of Assets and Liabilities, as finally determined pursuant to Section 2.4(3), is less than the Estimated Net Assets Value, the Purchase Price shall be decreased dollar for dollar by the amount of such deficit and the Seller shall pay (as noted below in this Section 2.4(4)) to the Purchaser the amount of such deficit.
No more than ten (10) nor less than seven (7) Business Days prior to each Closing Date, Seller shall deliver to Purchaser a statement (the "FACILITY/DESIGN NET ASSET STATEMENT"), executed on behalf of Seller, setting forth in reasonable detail the calculation of the Facility/ Design Estimated Net Assets Value in respect of the Assets that are the subject of such Closing, which shall be accompanied by the applicable schedules of the relevant Facility/ Design Assets and Facility/ Design Assumed Liabilities.
In the event that the amount of the estimated Net Assets set forth on the Estimated Statement (the "Estimated Net Assets") exceeds $6,754,247 (such amount representing the Net Assets as of May 31, 1996), then the Purchase Price shall be increased by the amount of such excess.
The Net Assets Statement shall be prepared in accordance with the same principles, methods and procedures used in the preparation of the Estimated Net Assets Statement.

More Definitions of Estimated Net Assets

Estimated Net Assets means the £(sterling) figure agreed in accordance with the ENA Methodology as an estimate of the Net Assets being minus £4,267,459 (-£4,267,459).

Estimated Net Assets has the meaning set forth in Section 2.5.

Estimated Net Assets means the amount by which total assets of the Company as determined in accordance with GAAP ("TOTAL ASSETS") exceeds total liabilities of the Company as determined in accordance with GAAP ("TOTAL LIABILITIES"), each as reflected in the Estimated Balance Sheet.

Estimated Net Assets means $15,386,700.

Estimated Net Assets means the amount by which the book value of the total assets of the Company and its Subsidiaries exceeds the book value of the total liabilities of the Company and its Subsidiaries, in each case determined as of the Closing Date on a post-Closing basis (giving effect to the payment of Transaction Expenses that were paid by the Company prior to the Closing Date and giving effect to the payment from the Total Consideration of Indebtedness and Non-Ordinary Course Liabilities pursuant to Section 1.9 of the Agreement) in accordance with Modified GAAP.

Estimated Net Assets means the "Net Assets" of the Automotive Filter Companies determined, according to the principles set forth in Section 2.03(e) hereof, as of December 31, 1998 and set forth in the Estimated Balance Sheet;

Estimated Net Assets means the Net Assets of the Filter Business determined according to the principles set forth in Schedule 2.03(e) hereof, as of the Closing Balance Sheet Date and set forth in the Estimated Balance Sheet;