Closing Capital Requirement definition

Closing Capital Requirement means $342,937,000, plus the amount of AB Closing Capital attributable to the exercise of AB Options after December 31, 2020, if any.
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Closing Capital Requirement means $48,563,000.
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Closing Capital Requirement means $342,937,000, plus the amount of AB Closing Capital attributable to the exercise of AB Options after December 31, 2020, if any. "Compensation Plans" has the meaning assigned to such term in Section 3.1.16(c). "Condition Satisfaction" has the meaning assigned to such term in Section 2.2. "Confidentiality Agreement" means that certain Non-Disclosure Agreement, effective as of February 16, 2021, by and between GBCI and AB. "Continuing Employees" has the meaning assigned to such term in Section 6.2.1. "Covid-19 Action" means any actions that are reasonably necessary or required for a Person or a Person's Subsidiaries to take in connection with events surrounding any public health emergency, epidemic, pandemic, or disease outbreak caused by the Covid-19 virus or any variant or strain thereof. "Covid-19 Relief Acts" means the Coronavirus Aid, Relief and Economic Security Act, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act and the American Rescue Plan Act of 2021. "Daily Closing Price" for any Trading Day means the daily closing price per share of GBCI Common Stock on the NASDAQ Global Select Market, as reported on the website xxx.xxxxxx.xxx. "Determination Date" means the tenth day immediately preceding the Effective Date. "Disclosure Schedule" has the meaning assigned to such term in Section 3.1. "Effective Date" means the date on which the Effective Time occurs.
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Examples of Closing Capital Requirement in a sentence

  • SWNB will have (i) delivered to Hanmi the financial information set forth in Section 6.13, (ii) the parties will have agreed upon the amount of SWNB Closing Capital pursuant to the terms of Section 6.13, and (iii) such amount will be equal to or greater than the Closing Capital Requirement.

Related to Closing Capital Requirement

  • Solvency Capital Requirement means the Solvency Capital Requirement or the group Solvency Capital Requirement (as applicable) referred to in, or any other capital requirement (other than the Minimum Capital Requirement) howsoever described in, the Relevant Rules;

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Capital Requirements means, as to any person, any matter, directly or indirectly, (i) regarding capital adequacy, capital ratios, capital requirements, the calculation of such person’s capital or similar matters, or (ii) affecting the amount of capital required to be obtained or maintained by such person or any person controlling such person (including any direct or indirect holding company), or the manner in which such person or any person controlling such person (including any direct or indirect holding company), allocates capital to any of its contingent liabilities (including letters of credit), advances, acceptances, commitments, assets or liabilities.

  • Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).

  • Closing Net Working Capital means the Net Working Capital as of the open of business on the Closing Date.

  • Closing Cash means the amount of Cash determined as of the close of business on the Closing Date.

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the close of business on the Closing Date.

  • Working Capital Escrow Amount means $2,000,000.

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Regulatory Capital Requirements means any applicable capital resources requirement or applicable overall financial adequacy rule required by the Relevant Regulator, as such requirements or rule are in force from time to time;

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Target Working Capital Amount means Nineteen Million Dollars ($19,000,000).

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Target Net Working Capital Amount means $5,000,000.

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Working Capital Amount shall have the meaning specified in Section 3.4(e).

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Working Capital Advance has the meaning specified in Section 2.01(c).

  • Working Capital Adjustment Amount means the amount (which may be positive or negative) equal to the result of the Closing Net Working Capital minus the Target Working Capital Amount.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.