Cash Boot definition
Examples of Cash Boot in a sentence
Subject to paragraph (f) of this schedule, RNZ will be instructed, in developing the Partition Plan, to seek to minimise the Cash Boot.
Each party will take all such steps reasonably necessary to give effect to the Partition Plan, including the transfer (or acquisition by MFG) of Shares, pursuant to clause 3.8 (including voting Shares, procuring that the MFG Board approve the Partition Plan, and signing any documentation), payment of the Cash Boot, and signing all resolutions and providing all necessary consents as MFG Shareholders required to give effect to the partition plan.
Subject to and upon the terms and conditions of this Agreement, at the closing of the transactions contemplated hereby (the "Closing"), Hanc▇▇▇ ▇▇▇ll contribute to Newco the Shares in exchange for the Hanc▇▇▇ ▇▇▇co Shares and one hundred eighty million dollars ($180,000,000) in immediately available funds (the "Cash Boot").