definiens: means all capital expenditures for the Specialty Entitiesspecifically incurred and paid for by the Seller and/or Specialty Entities between the date of thisAgreement and the Completion Date, that relate to the Singapore location, and certain other items, to be agreed by the Parties, up to * * * in accordance with the Approved Capital ExpenditureBudget ; cash ( whether in hand or credited to any account with any financial or similar institution ororganisation ) and cash equivalents of the Group Companies ( including all interest accruedthereon ) at the Relevant Time determined in accordance with paragraph 2 of this Schedule 4,including:(a)marketable securities and short term investments;(b)cheques received by, honored and made payable to any of the Group Companies prior toCompletion;but excluding:(c)any cash and cash equivalents held by any of the Group Companies on trust on behalf ofany customer;(d)any cash overdraft amounts and the amounts of any cheques issued on any accounts ofany of the Group Companies ; and(e)Repatriation Costs ; the unaudited combined balance sheet ( in the form set out in thisSchedule 4 ) of the Company as at the Relevant Time ; means * * * ; the sum of the following ( without double counting ) determined in accordance withparagraph 2 of this Schedule 4 :* * * Denotes confidential information that has been omitted from this exhibit and filed separately with the Securitiesand Exchange Commission.57(a)the aggregate amount at the Relevant Time of all outstanding principal amounts ( whetheror not due and payable at that time and including accrued but unpaid interest ) of the Groupunder or in respect of:(i)Bank Debt;(ii)Hire Purchase Leases;(iii)current Tax Liabilities ( net of advances and prepayments ) ( actual and accrued ) foreach Group Company for the period up to Completion ; and(iv)amounts owed by any Group Company in respect of the Related Party Loans ( netof amounts owed to any Group Company in respect of the Related Party Loans),but excluding any such amounts outstanding under the Trade Payables as at Completion;(b)the aggregate amount of any break fees and other termination costs which are required tobe paid by a Group Company in connection with the payment or repayment prior to, at orin connection with Completion of any amounts referred to in paragraph ( a ) above ; and(c)the aggregate amount at the Relevant Time of any other borrowings and otherindebtedness of a Group Company, including by way of acceptance credits, letters ofcredit, discounting or similar facilities, loan stocks, bonds, debentures, debt securities(including any related interest accruals and payments in kind ), notes, debt or inventoryfinancing, or other similar or analogous financing arrangements, all security, guarantee, surety, collateral and deposit arrangements, together with any accrued but unpaid interestthereon, as applicable, deferred or contingent consideration, ( including the Aspen licensingobligations and Star Drugs purchase consideration to the extent relevant to the GroupCompanies ), lease buyout obligations, unfunded pension liabilities including leaveencashment and gratuity obligations, accounts payable for capital expenditures betweenthe date of this Agreement and Completion that are not part of the Capex ReimbursementAmount, and all other accounts payable balances outstanding for 180 days or more, andleases, any Related Party Loans ( including amounts owed for guarantee commissions, management fees and any outstanding redeemable preference equity shares ), financeleases, capital leases, overdrafts, sale and lease back arrangements or any otherarrangement the purpose of which is to borrow money ), together with interest rate, currency or other swaps or hedging arrangements, hedging obligations, bills of exchange, recourse obligations on factored debts and obligations under derivative instruments andnet intercompany payables . An illustrative schedule of Debt as of September 30, 2012 isset out in Appendix 18;plus:(d)***minus:(e ) * * * the Seller 's good faith estimate of Cash at the Relevant Time based on theinformation available at the time such calculation is made and taking into account the AccountingPolicies ; the Seller 's good faith estimated Completion BalanceSheet at the Relevant Time in the form set out in this Schedule 4 based on the informationavailable at the time such balance sheet is prepared and taking into account the AccountingPolicies ; * * * Denotes confidential information that has been omitted from this exhibit and filed separately with the Securitiesand Exchange Commission