Cash Estimate definition

Cash Estimate means £11,162,820, being the estimated aggregate amount of Cash on the balance sheets of each of the Group Companies other than ADS and VDS as at the Effective Date;
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Cash Estimate is defined in Section 1.4.
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Cash Estimate has the meaning set forth in Section 1.04(a).
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Examples of Cash Estimate in a sentence

  • The Available Cash Estimate will be prepared in accordance with the definition of “Available Cash” set forth in this Agreement, applied consistently with the Sample Calculation.

  • The IPC Dispute Notice shall identify in reasonable detail the nature of any proposed revisions, and their supporting rationale, to the applicable Net Cash Estimate.

  • If the Final Net Cash Estimate results in a Positive Balance, then Purchaser shall issue to the Company Shareholders the number of Parent Shares obtained by dividing the Positive Balance by the Share Price.

  • If the Cash Estimate is more than the Retained Cash Amount, no adjustment to the principal amount of the Buyer Note shall be made under this Section 2.6.

  • Buyer shall have until the Closing Date, but in no event less than five (5) days following its receipt of the Estimated Balance Sheet Statement, to accept or dispute the accuracy of the Estimated Balance Sheet Statement, the Estimated Working Capital and the Cash Estimate.

  • During the 30 days immediately following the receipt by Purchaser and the Founding Shareholders of the Net Cash Estimate, both Purchaser and the Founding Shareholders shall be entitled to review the Net Cash Estimate, together with the working papers of KPMG used in the preparation of the Net Cash Estimate, and Purchaser shall provide the Founding Shareholders reasonable access to the personnel, properties and records of the Australian Company for such purpose.

  • The Net Cash Estimate shall become final and binding upon the parties (the "Final Net Cash Estimate") on the thirtieth day following delivery thereof unless Purchaser gives written notice to the Founding Shareholders or the Founding Shareholders give notice to Purchaser of their disagreement with the method of presentation thereof or with the determination of any amount thereon (a "Notice of Disagreement") prior to such date.

  • To the extent that the Net Cash as reflected in the Net Cash Estimate is a positive number, the Company Shareholders may use such positive Net Cash to make all or any portion of the payments in respect of Closing Debt.

  • The term “Estimated Closing Amount” means the sum of (i) the Cash Estimate (expressed as a positive number), minus (ii) the Debt Estimate (expressed as a positive number), plus (iii) the Estimated Working Capital Overage (expressed as a positive number) or the Estimated Working Capital Underage (expressed as a negative number), minus (iv) the Accounts Payable Estimate (expressed as a positive number).

  • In the event that the parties fail to resolve their disagreements over the disputed items prior to the Closing, the Estimated Working Capital and Cash Estimate as set forth on the Estimated Balance Sheet Statement with those modifications, if any, to which the parties shall have agreed shall be deemed to be the Estimated Working Capital and Cash Estimate.


More Definitions of Cash Estimate

Cash Estimate has the meaning set forth in Section 2.6.
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Related to Cash Estimate

  • Intrinsic Loss Estimate means total losses under the shared loss agreements in the amount of eighty one million dollars ($81,000,000).

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Estimated Closing Cash has the meaning set forth in Section 2.6(a).

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.