Cash Peg definition
Cash Peg means the cash peg for working capital which equals $4,000,000, at all times.
Examples of Cash Peg in a sentence
Closing Net Working Capital and Applicable Net Cash shall be calculated in accordance with GAAP (and if they are not, the amounts of Closing Net Working Capital and Applicable Net Cash specified in the first sentence, and the amounts of Net Working Capital Peg Amount and Net Cash Peg Amount, respectively, specified below shall be adjusted accordingly).