Actual Cash definition

Actual Cash has the meaning set forth in Section 2.7(a).
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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.
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Actual Cash means the Cash as calculated and determined in accordance with Schedule 7 (Completion Accounts);
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Examples of Actual Cash in a sentence

  • Valuation: The Company will not pay more than the Actual Cash Value of the property at the time of Loss.

  • For items without receipts, payment of loss will be calculated based upon 75% of the Actual Cash Value at the time of loss.

  • The Company will not pay more than the Actual Cash Value of the property at the time 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 each accident Bodily Injury and Property Damage combined liability and Actual Cash Value auto physical damage.

  • We will also pay for loss due to unauthorized use of your credit cards, if you have complied with all of the credit card conditions imposed by the credit card companies.Valuation and Payment of LossPayment of loss under the Baggage Benefit will be calculated based upon an Actual Cash Value basis.


More Definitions of Actual Cash

Actual Cash has the meaning set forth in Section 3.3(b)(ii).
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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;
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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.
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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.
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Actual Cash. “Actual Indebtedness”, “Actual Transaction Expenses” and “Actual Working Capital” respectively, for all purposes herein.
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Actual Cash is defined in Section 2.3(b).
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Actual Cash means the amount of Cash of the Company as of immediately prior to the Closing. “Actual Indebtedness” means all Indebtedness of the Company as of immediately prior to the Closing. “Actual Net Working Capital” means the Net Working Capital of the Company as of immediately prior to the Closing. “Actual Net Working Capital Deficit” means the positive amount by which the Target Net Working Capital exceeds the Actual Net Working Capital. “Actual Net Working Capital Surplus” means the positive amount by which the Actual Net Working Capital exceeds Target Net Working Capital. “Actual Sellers Transaction Expenses” means all Sellers Transaction Expenses that remain unpaid as of immediately prior to the Closing (but calculated assuming that the Closing has occurred such that any Sellers Transaction Expenses triggered by the Closing are included in Actual Sellers Transaction Expenses). “Affiliate” means, with respect to any Person, any other Person that directly, or through one or more intermediaries, Controls or is Controlled by or is under common Control with such first Person; provided, that references to an “Affiliate” or “Affiliates” of Seller (or prior to the Closing, the Company or its Subsidiaries) shall be deemed to refer only to Persons Controlled by Seller. “Aggregate Exercise Price Amount” means an amount equal to (a) the aggregate Other EMI Option Exercise Amount, plus (b) the aggregate Minor EMI Option Exercise Amount plus (c) the aggregate Unapproved Option Exercise Amount plus (d) the aggregate exercise price that would be attributable to the Substitute Unapproved Options, Minor ISOs, Substitute ISOs if these were exercised in full, plus (e) the aggregate exercise price of all Company Warrants, minus (h) an amount equal to the employer security contributions that would be payable by the Company or any of its
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