Estimated Net Worth definition

Estimated Net Worth shall have the meaning set forth in Section 2.3(a) hereof.

Estimated Net Worth means the Net Worth as shown on the Closing Balance Sheet.

Estimated Net Worth means the estimated Consolidated Net Worth as of the Closing Date calculated in a manner reasonably satisfactory to the Administrative Agent.

Examples of Estimated Net Worth in a sentence

• As of the end of any fiscal quarter, permit Consolidated Net Worth to be less than eighty percent (80%) of Estimated Net Worth as set forth on the Financial Conditions Certificate provided pursuant to Section 6.2(d)(ii).

• If the relevant Estimated Net Worth with respect to the POC Companies, the Harwat Interest or the WilPro Interest is greater than the relevant Target Net Worth, then Purchaser shall remit to the applicable Seller on the Closing Date an amount equal to such difference.

• If the relevant Estimated Net Worth with respect to the POC Companies, the Harwat Interest or the WilPro Interest is less than the relevant Target Net Worth, then the applicable Seller shall remit to Purchaser on the Closing Date an amount equal to such difference.

• The Initial Purchase Price shall be Sixty Million dollars ($60,000,000) in cash (i) less the amount equal to any outstanding Company Debt at Closing, if any; and (ii) increased or decreased by the Estimated Net Worth Adjustment (as defined below), if any.

• The Purchase Price for the Xxxxxxxx Shares shall be an amount equal to Forty Percent (40%) of the Estimated Net Worth and Cash Purchase Price and 231,724 Buyer's Shares.

More Definitions of Estimated Net Worth

Estimated Net Worth has the meaning set forth in Section 7.2(a).

Estimated Net Worth has the meaning ascribed thereto in Section 2.3(d)(i) of this Agreement.

Estimated Net Worth shall have the meaning set forth in Section 2.7(b) of this Agreement.

Estimated Net Worth means the difference between (i) the estimated total assets of the Business as of the close of business on the Closing Date, reduced by (ii) the estimated total liabilities of the Business as of the close of business on the Closing Date, in each case as reflected on the Estimated Closing Balance Sheet.

Estimated Net Worth. Section 2.1(a)

Estimated Net Worth means the estimate on Signing Date of the Net Worth as of the Completion Date calculated in a manner consistent with the calculation of the Net Worth (as of 31 December 2005) and as set out in Exhibit l.l(d);

Estimated Net Worth means the assets of the Group Companies minus the liabilities of the Group Companies (excluding deferred income taxes and intercompany accounts) minus the amount of any cash received by the Group Companies as advance payments on any long term development or like agree- ments if and to the extent there is no equivalent (Gegenleistung) provided and invoiced (with P&L effect) to the customer other than such advance payments which existed already at March 30, 2002 minus the amount of any accruals or other credit balances which were dissolved after March 30, 2002, without incurring the specific cost for which the accrual or other credit balance was provided (including those for the period through June 30, 2002 listed in Exhibit 4.1.1) each as reflected in the Estimated Balance Sheet, as defined in Section 4.1.2 below.