Seller Closing Debt definition

Seller Closing Debt means any Indebtedness of Seller of the type in clauses (a) through (d) of the definition thereof, outstanding as of the Closing.
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Seller Closing Debt means any Indebtedness of RGA and Elemental of the type in clauses (a) through (d) of the definition thereof, outstanding as of the Closing.
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Seller Closing Debt means the Debt of Seller as of the Closing Date other than the Assumed Working Capital Obligations.
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Examples of Seller Closing Debt in a sentence

  • As of the Closing Date, except for the amounts set forth in the Pay-Off Letter, the Seller Closing Debt listed in Schedule 2.2(b) hereto and the Assumed Working Capital Obligations, Seller shall not have any Debt.

  • The Sellers shall ensure that, at the time the Pre-Closing Statement is to be delivered to Purchasers, (i) the Sellers and the Company Parties have no outstanding Indebtedness, other than Seller Closing Debt, (ii) the Seller Closing Debt does not exceed $25,000,000, and (iii) the Actual Closing Cash is an amount at least equal to the Base Cash Amount.


More Definitions of Seller Closing Debt

Seller Closing Debt means any Indebtedness of Seller of the type in clauses (a) through (d) of the definition thereof, outstanding as of the Closing. “Seller Indemnified Person” has the meaning set forth in Section 7.15.
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Seller Closing Debt means any Indebtedness of RGA and Elemental of the type in clauses (a) through (d) of the definition thereof, outstanding as of the Closing. “Seller Data” has the meaning set forth in Section 4.1(q).
Sample 1

Related to Seller Closing Debt

  • Closing Debt means the aggregate principal amount of, and accrued interest on, all Debt of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Seller’s Closing Documents as defined in Section 3.2(a).

  • First Closing has the meaning set forth in Section 2.1(a).

  • Second Closing has the meaning set forth in Section 2.2.

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Seller Closing Certificate has the meaning set forth in Section 7.02(d).

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Second Closing Date means the date of the Second Closing.

  • Acquisition Closing Date means the date on which the Acquisition is consummated.

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Additional Closing has the meaning set forth in Section 2.3.

  • Closing has the meaning set forth in Section 2.2.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Merger Closing means the “Closing” as defined in the Merger Agreement.

  • Seller's Closing Certificate means the certificate of Seller in the form of Exhibit C attached hereto.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Final Closing means the last closing under the Private Placement;

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.