Net Debt Adjustment definition

Net Debt Adjustment means the amount (if any) by which the Net Debt Amount is greater or less than the Target Net Debt Amount;

Net Debt Adjustment shall have the meaning set forth in Section 3.3(e).

Net Debt Adjustment means an amount (which may be a negative number) equal to (a) the Company Debt, minus (b) the Company Cash.

Examples of Net Debt Adjustment in a sentence

• Following adjudication of the dispute, appropriate adjustments shall be made to the Conclusive Net Debt Adjustment Statement, the GGO Promissory Note and the other applicable documentation to put all parties in the same economic position as if the corrected Conclusive Net Debt Adjustment Statement governed at Closing.

• Each Purchaser shall be afforded an opportunity to review the Conclusive Net Debt Adjustment Statement and reasonable access to all non-privileged and non-work product documents or records or personnel used in the preparation of such statement.

• If such Purchaser and the Company do not resolve all CNDAS Disputed Items prior to the Effective Date, then for purposes of Closing and subject to subsequent adjustment consistent with the Bankruptcy Court’s ruling, the highest number shall be used for purposes of any calculations set forth on the Conclusive Net Debt Adjustment Statement.

• If a Purchaser does not timely deliver a CNDAS Dispute Notice, then such Purchaser shall be deemed to have accepted and agreed to the Conclusive Net Debt Adjustment Statement and to have waived any right to dispute the matters set forth therein.

• Purchaser shall be afforded an opportunity to review the Conclusive Net Debt Adjustment Statement and reasonable access to all non-privileged and non-work product documents or records or personnel used in the preparation of such statement.

More Definitions of Net Debt Adjustment

Net Debt Adjustment. ’ means the adjustment made to the Initial Consideration with

Net Debt Adjustment shall equal the Reference Date Net Debt minus the Target Net Debt, as finally determined pursuant to Section 2.2(b) and (c), which amount may be a positive or negative number.

Net Debt Adjustment means the difference between the Estimated Net Debt and the Net Debt. "New Deminvest" means the Entity listed in paragraphs 5 of the Parties thereto.

Net Debt Adjustment means an amount equal to (i) $480 million plus (ii) the Final Closing Cash, plus (iii) the Final Tax Amount, minus (iv) the Final Closing Indebtedness, which sum of (i) through (iv) can be either a positive or negative number or zero.

Net Debt Adjustment means the amount, if any, by which the Closing Net Debt exceeds the amount determined by reference to Section 1.1(c) of the Sellers Disclosure Schedule at the time of Closing. For the avoidance of doubt, if the Closing Net Debt is less than such amount, the Net Debt Adjustment shall be equal to zero and there shall be no Purchase Price adjustment in relation thereto.

Net Debt Adjustment means the difference between the Estimated Net Debt and the Net Debt.

Net Debt Adjustment means the amount by which Net Debt exceeds $8,000,000.