Closing Cash Adjustment definition

Closing Cash Adjustment has the meaning set forth in Section 3.01(c) below.

Closing Cash Adjustment has the meaning set forth in Section 2.2.2 of this Agreement.

Closing Cash Adjustment if any, shall mean the positive difference, if any, between (x) $2,000,000 (Two Million U.S. Dollars) less (y) the amount of the Company's cash and cash equivalents ("Cash") as of the close of business on the Closing Date.

Examples of Closing Cash Adjustment in a sentence

• If Seller fails to deliver the Statement of Objections before the expiration of the Review Period, the Closing Working Capital Statement and the Net Working Capital Adjustment Amount, and the Closing Cash and Indebtedness Statement and Closing Cash Adjustment Amount, as the case may be, reflected in the Closing Working Capital Statement and Closing Cash and Indebtedness Statement, shall be deemed to have been accepted by Seller.

• Based on the annuity basis repayment with 10% discount factor, the average maturity is 18.31 years, and the maturity premium payable to ADB is 0.20% per year.14.

• Employees, material, or equipment shall not be suspended from or permitted to be supported on any portion of a tree, pole structure, scaffold, ladder, walkway, or other elevated structure, crane, or derrick etc.; without first determining that such support is adequately strong and properly-secured in place.

• All calculations of the Class A Net Closing Cash Adjustment, the Class B Net Closing Cash Adjustment, the Class C Net Closing Cash Adjustment, the Class D Net Closing Cash Adjustment, the Class A Cash Consideration, the Class B Cash Consideration, the Class C Cash Consideration and the Class D Cash Consideration (or any components thereof) shall be made after eliminating any intercompany items between or among any of the Company Group Members.

• The Independent Accountant shall make a determination as soon as practicable within thirty (30) days (or such other time as the Parties hereto shall agree in writing) after their engagement, and their resolution of the Disputed Amounts and their adjustments to the Closing Working Capital Statement and/or the Net Working Capital Adjustment Amount, and the Closing Cash and Indebtedness Statement, and Closing Cash Adjustment Amount, as the case may be, shall be conclusive and binding upon the Parties hereto.

More Definitions of Closing Cash Adjustment

Closing Cash Adjustment means an amount equal to $1,000,000 minus all cash on the balance sheet of the Company and the Company Subsidiary, in each case as of the close of business on the Closing Date.

Closing Cash Adjustment means the Closing Date Cash minus the Target Closing Cash.

Closing Cash Adjustment means the amount (the aggregate and/or component parts of which may be negative) equal to the sum of: (a) the Final Working Capital Amount minus the Estimated Working Capital; (b) the Estimated Indebtedness minus the Final Indebtedness; (c) the Final Cash and Cash Equivalents minus the Estimated Cash and Cash Equivalents; and (d) the Estimated Transaction Costs minus the Final Transaction Costs.

Closing Cash Adjustment means an amount equal to (i) Closing USD Cash plus (ii) the Dollar Equivalent of Closing BRL Cash.

Closing Cash Adjustment means (a) Estimated Closing Company Cash, minus (b) $1,750,000; provided that if Estimated Closing Company Cash is less than $1,750,000, the Closing Cash Adjustment will decrease Closing Cash Consideration.

Closing Cash Adjustment means the amount of SVS determined as follows: (a) the Closing Cash Payment, divided by (b) the volume weighted average price, in Dollars, of the SVS on the CSE, for the ten (10) trading days ending on the trading day immediately preceding the Closing Date.

Closing Cash Adjustment means the positive or negative adjustment in the calculation of the Final Purchase Price described in this Section 2.4. For purposes of illustration: (i) if the Actual Closing Cash Amount is $3,500,000, then there would be a positive Closing Cash Adjustment of $500,000 and the Final Purchase Price would be increased by $3,500,000 (the Projected Minimum Cash Amount plus the Closing Cash Adjustment), and (ii) if the Actual Closing Cash Amount is $2,500,000, then there would be a negative Closing Cash Adjustment of $500,000 and the Final Purchase Price would be increased by $2,500,000 (the Projected Minimum Cash Amount minus the Closing Cash Adjustment).