Final Net Debt definition

Final Net Debt has the meaning set forth in Section 3.6(c).

Final Net Debt means the Net Debt amount calculated by Buyer based on the Closing Balance Sheet.

Final Net Debt means the Net Debt as of the Closing Date, as set forth in the Final Accounting Report.

Examples of Final Net Debt in a sentence

• Failure by the Stockholders’ Representative to deliver a Statement of Objection within such 45 day period shall be deemed to constitute acceptance by the Stockholders’ Representative of the Purchaser’s calculation of the Final Net Debt, and shall be final and binding upon, and non-appealable by, the Purchaser, the Stockholders’ Representative and, for the avoidance of doubt, the Stockholders.

• The Stockholders’ Representative may only deliver one Statement of Objection to the Purchaser, and the Stockholders’ Representative shall not raise any disagreements with the Final Net Debt calculation other than the disagreements set forth in the Statement of Objection, nor shall the Stockholders’ Representative assert any claims that the value of any item or amount is greater or less than the value claimed in the Statement of Objection.

• If the intercompany debt owed by HSWI to the Company (the “Intercompany Debt”) has not been fully repaid as of the Closing Date, the Estimated Intercompany Debt shall be reflected as a current asset of the Company in the calculations of the Estimated Net Debt Balance and the Final Net Debt Balance, in each case without reduction or reserve.

• If the Purchaser and the Stockholders’ Representative are able to reach such agreement during such 15 day period, the Final Net Debt, with such changes as may have been previously agreed in writing by the Purchaser and the Stockholders’ Representative, shall be final and binding upon, and non-appealable by, the Purchaser, the Stockholders’ Representative and, for the avoidance of doubt, the Stockholders.

• If the Final Net Debt at Closing exceeds the Estimated Net Debt at Closing, then, promptly following the Notification Date, and in any event within five (5) business days of the Notification Date, the Escrow Agent shall pay to Parent from the Cash Escrow Fund the amount by which the Final Net Debt at Closing exceeds the Estimated Net Debt at Closing, together with all interest earned on such amount.

More Definitions of Final Net Debt

Final Net Debt means Extrafarma’s net debt at the Closing Date, calculated based on the Closing Balance Sheet.

Final Net Debt means the Interest Bearing Liabilities less the Cash as at the Closing Date, both derived from the Closing Accounts;

Final Net Debt. The Group’s Net Debt determined as per 11:59 PM CET, 31 December 2017 in accordance with the principles set out in Schedule 5.2.

Final Net Debt means the Net Debt as finally determined pursuant to Section 2.4.

Final Net Debt shall have the meaning set forth in Clause 2.2.(i).

Final Net Debt has the meaning specified in Section 2.6(e).

Final Net Debt means the Net Debt as reflected on the Final Florimex -------------- Financial Statement, reduced by payments made by the Sellers from the date hereof to the Closing Date to pay down indebtedness incurred under the loan agreements listed on Schedule 5.03 in connection with any lenders' refusal to ------------- consent to the assumption of such loan to the Buyers; provided that any such reduction shall not exceed the balance disclosed for such indebtedness on the Final Florimex Financial Statement.