Actual Cash definition

Actual Cash has the meaning set forth in Section 2.7(a).

Actual Cash means the total cash in the Company Bank Accounts as at the close of the banking day on the Closing Date less the amount of the inter-company loan to be extended from the Purchaser to the Company on the Closing Date, if any.

Actual Cash means the Cash as calculated and determined in accordance with Schedule 7 (Completion Accounts);

Examples of Actual Cash in a sentence

• Coverage shall include Garage Liability and Garage Keepers on a Direct Primary Basis, including Auto Physical Damage, with limits of not less than $1,000,000 each accident Bodily Injury and Property Damage combined liability and Actual Cash Value auto physical damage.

• Actual Cash Value will take into account the cost of replacement, less any depreciation or obsolescence.

• Each appraiser will state separately the Actual Cash Value and the amount of loss.

• Coverage shall include Garage Liability and Garage Keepers on a Direct Primary Basis, including Auto Physical Damage, with limits of not less than $1,000,000 for each Garage Keepers and Garage Liability, including Bodily Injury and Property Damage combined liability and Actual Cash Value auto physical damage.

• If the conditions of “Option 1 – Repair or Replacement Cost Without Deduction for Depreciation” are not met, we will pay for the insured loss or damage based on “Option 2 – Actual Cash Value”.

More Definitions of Actual Cash

Actual Cash means the amount of Cash as determined by and specified in the Completion Accounts;

Actual Cash means the sum of Celsus cash available at the date of this agreement in actual (unrestricted and restricted) cash in bank and on hand less Unpaid Payables;

Actual Cash means with respect to each Target Group Company its cash in hand and at bank as stated in that company’s books and records in each case as at the Effective Time calculated and determined in accordance with Schedule 5.

Actual Cash means the difference between (i) the consolidated cash and liquid investments of the Transferred Entities as of the Closing and (ii) the consolidated Indebtedness of the Transferred Entities as of the Closing.

Actual Cash means, in relation to the JVCo Group, the amount stated in line 01 of the balance sheet included in the Closing Financial Statements, and which shall include, without limitation, the aggregate of its cash or cash equivalents in hand or credited to any account with any banking, financial, acceptance credit, lending or other similar institution or organization, including all unpaid interest accrued thereon.

Actual Cash. “Actual Indebtedness”, “Actual Transaction Expenses” and “Actual Working Capital” respectively, for all purposes herein.

Actual Cash has the meaning set forth in Section 2.3(d)(i).