Examples of Net Indebtedness Amount in a sentence
The Independent Accountant, acting as experts and not arbitrators, shall resolve the Disputed Amounts only and make any adjustments to the Net Indebtedness Amount, as the case may be, and the Closing Statement.
If Seller fails to deliver the Statement of Objections before the expiration of the Review Period, the Closing Statement and the calculations of Cash, ACFP Continuing Indebtedness and Net Indebtedness Amount reflected in the Closing Statement shall be deemed to have been accepted by Seller.
There will be no change in the Closing Payment or Purchase Price if the Initial Closing Net Indebtedness Amount is equal to or less than $16,676,000.
In addition, the Closing Payment and the Purchase Price shall be decreased by the amount that the Initial Closing Net Indebtedness Amount exceeds $16,676,000.
Within sixty (60) days after the Closing Date, Buyer shall deliver to Seller a statement (the “Buyer’s Statement”) setting forth its calculation of the Closing Date Net Working Capital Amount, the Closing Date Net Indebtedness Amount and the resulting Closing Purchase Price, together with reasonable supporting information and calculations.