Cash Adjustment Amount definition
Cash Adjustment Amount shall have the meaning set forth in Section 2.3.
Cash Adjustment Amount means Parent’s good-faith calculation of the total amount of Cash of the SpinCo Group as of the Effective Time (after giving effect to the Cash Transfer) in all jurisdictions minus $600,000,000 (which calculation may result in a positive or a negative number).
Cash Adjustment Amount means the sum of (a) the amount payable, if any, by Purchaser if Purchaser elects to acquire the Excess Cash Amount calculated in accordance with Section 7.3(e), and (b) an amount equal to the lesser of (i) 70% of Closing Cash in excess of $1,700,000 and (ii) $4,410,000.
Examples of Cash Adjustment Amount in a sentence
At or prior to the Effective Time, Parent shall, for the sole benefit of the holders of the shares of Company Common Stock, provide to the Exchange Agent evidence of Parent Common Shares in book-entry form issuable pursuant to Section 4.1(a) and deposit with the Exchange Agent cash in immediately available funds in an amount sufficient to pay the aggregate Cash Adjustment Amount (the “Exchange Fund”).
More Definitions of Cash Adjustment Amount
Cash Adjustment Amount means the amount of principal and interest paid by the Company with respect to the Note on or prior to December 31, 2025.
Cash Adjustment Amount shall have the meaning set forth in Section 2.13(d).
Cash Adjustment Amount means an amount equal to the difference obtained by subtracting the Dividend Adjustment Amount from the Total Accrued Daily Amount. In no event shall the Cash Adjustment Amount be less than zero.
Cash Adjustment Amount means the sum of the following (without duplication):
Cash Adjustment Amount has the meaning set forth in the Separation and Distribution Agreement.
Cash Adjustment Amount means the amount, if any, by which the Closing Date Cash Amount is less than the Target Closing Date Cash Amount.
Cash Adjustment Amount shall have the meaning ascribed to such term in Section 1.6(a)(ii) hereof.