Net Debt Statement definition

Net Debt Statement means the statement as at the Completion Date in the form set out in Part 3 of Schedule 9 which is to be prepared in accordance with the provisions of Parts 1 and 2 of that Schedule;

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Net Debt Statement means, in relation to each of the Company and the US Company, the statement of Net Debt prepared in accordance with Clause 7.1;

Net Debt Statement has the meaning set forth in Section 2.4(a) (Net Debt Statement; Net Debt Dividend);

Examples of Net Debt Statement in a sentence

As soon as reasonably practicable, but in no event later than sixty (60) days, after the Closing, the Parties shall jointly procure that the Company prepares, and delivers to Purchaser, in accordance with the Accounting Principles, a statement, in the form of the Benchmark Net Debt Statement and Benchmark Working Capital Statement, containing a calculation of the Net Debt and Working Capital as of the Closing Date (the “Closing Statement”).
The Purchase Price is based on the Net Debt Statement of the Company according to Article 3.1 (a) above.
The Net Debt Statement will include all elements of the Net Debt Amount as set out in the pro forma in Part 3 of this Schedule 9 which, for illustrative purposes, has been populated with the relevant financial information as at 31 October 2014.
The Buyer and the Buyer’s accountants on the one hand, and the Sellers’ Representative and the Sellers’ accountants on the other, will be entitled to review all of the books, records and papers of the other of them as they relate to the Target Group and which are relevant for the purposes of preparing or, as the case may be, evaluating the Net Debt Statement and Working Capital Statement.
The Minority Interest Sales shall have been completed and the Minority Interest Dividends shall have been declared prior to the date of delivery of the Net Debt Statement in accordance with the terms of this Agreement.

More Definitions of Net Debt Statement

Net Debt Statement means a statement of the Cash Balance and the Debt Balance of the Company to be provided by the Purchaser to the Seller in accordance with Schedule 3 (Establishment of the Purchase Price)

Net Debt Statement means the statement prepared by the Company and delivered to Purchaser prior to the date of this Agreement, setting out the Company Debt and Cash of the Group Companies as at the Net Debt Statement Date.

Net Debt Statement has the meaning set out in Clause 7.1.1(b);

Net Debt Statement has the meaning given in paragraph 1 of Part B of this Schedule 17 ;

Net Debt Statement means the statement of the Net Financial Debt Amount as at Completion with supporting notes, to be prepared in accordance with clause 6 and Schedule 8;

Net Debt Statement has the meaning set forth in SECTION 2.6(A).

Net Debt Statement has the meaning given in paragraph 2 of Schedule 7;