Cash Current Assets definition
Cash Current Assets means the sum of cash and accounts receivable reflected on a balance sheet for Paradise prepared in accordance with GAAP.
Examples of Cash Current Assets in a sentence
The Closing Statement Objection Notice shall specify the items in the Closing Statement disputed by Seller and shall describe in reasonable detail the basis for each such objection, as well as the amount in dispute (and Seller’s proposed calculation thereof in accordance with the definitions of Cash, Current Assets, Current Liabilities, Estimated Payment Adjustment, Indebtedness, Transaction Expenses, and Working Capital herein and the Working Capital Methodology).
Attached to this Agreement is Schedule 2.3 which illustrates the calculation of the Adjusted Purchase Price based on Cash, Current Assets, Current Liabilities, Debt as shown in Trace’s consolidated balance sheet at June 30, 2005 and other estimated amounts.