Closing Cash definition
Examples of Closing Cash in a sentence
The Paying Agent shall distribute the Closing Cash Consideration or Alternate Closing Cash Consideration, as applicable, by initiating a bank wire transfer of immediately available funds to accounts designated in writing by the Securityholders.
At the Closing, Purchaser will pay by wire transfer of immediately available funds to Seller, pursuant to and in accordance with the payment instructions provided by Seller at least three (3) Business Days prior to the Closing, cash in an aggregate amount equal to the Closing Cash Amount.
The Purchaser has, or will have at the Closing, sufficient cash, available lines of credit, or other sources of immediately available funds to enable it to pay the Estimated Closing Cash and all other amounts payable by the Purchaser under this Agreement when due, including pursuant to the promissory note contemplated by Section 7.3, and to consummate the Transaction.
From the date hereof until the Closing, the Purchaser shall use its commercially reasonable efforts to take, or cause to be taken, all actions and to do, or cause to be done, all things necessary, proper or advisable to obtain and maintain in effect committed financing sufficient to enable the Purchaser to pay the Estimated Closing Cash and all other amounts payable by the Purchaser under this Agreement at the Closing.