Closing Cash Amount definition

Closing Cash Amount has the meaning set forth in Section 2.2.
Closing Cash Amount has the meaning set forth in Section 4.03(c).
Closing Cash Amount shall have the meaning set forth in Section 3.1.

Examples of Closing Cash Amount in a sentence

  • If you elect Incentive Election #2, you will receive an amount equal to the Closing Cash Amount within two business days after the Closing.

  • In the event that Closing Date Cash as reflected on the Final Purchase Price Adjustment Statement is less than Estimated Closing Cash Amount, Seller shall pay Buyer an amount equal to the difference between the Closing Date Cash and the Estimated Closing Cash Amount.

  • As promptly as practicable but no later than sixty (60) days after the Closing Date, Purchasers shall prepare and deliver to Sellers a statement (the “Initial Post-Closing Adjustment Statement”) of (i) the Closing Working Capital, (ii) the Closing Cash Amount, (iii) the Closing Date Indebtedness, (iv) the Closing Date Transaction Fees; and (v) the Adjustment Amount, setting forth Purchasers’ calculation of the Adjustment Amount as of the Closing together with reasonable supporting calculations and detail.

  • The “Closing Adjustment” shall equal (i) the Estimated Closing Working Capital, plus (ii) the Estimated Closing Cash Amount, less (iii) the Target Working Capital, less (iv) the Estimated Closing Date Indebtedness, and (v) less the Estimated Closing Date Transaction Fees.

  • No actions taken by either of the Buyers or on behalf of Blocker or the Group Companies, on or following the Closing, shall be given effect for purposes of determining the Net Working Capital, Company Transaction Expenses, the Closing Cash Amount, the Closing Debt Amount, the Cash Consideration Amount or the Blocker Adjustment Amount.


More Definitions of Closing Cash Amount

Closing Cash Amount means the aggregate Cash of the Acquired Companies, determined in accordance with Section 2.2(g) as of 11:59 p.m., local time in each applicable jurisdiction on the day immediately prior to the Closing Date.
Closing Cash Amount means the amount of all unrestricted cash and cash equivalents of the Company and its Subsidiaries as of immediately prior to the Closing (including any checks and drafts deposited for the account of the Company or any of its Subsidiaries but net of any issued but uncleared wires, checks, drafts or money orders), in each case, determined in accordance with GAAP consistently applied.
Closing Cash Amount means, as of immediately prior to the consummation of the Closing, the aggregate amount of Cash of the Company.
Closing Cash Amount means all Cash held in the accounts of the Transferred Entities as of 11:59 p.m. Eastern Time on the Closing Date. The Closing Cash Amount shall be (x) reduced by the amount of any checks issued by a Transferred Entity on or before the Closing whether or not any such checks remain in the possession of a Transferred Entity on or before the Closing (with a corresponding adjustment to current liabilities, if any); (y) increased by the amount of any checks or wire transfers received by a Transferred Entity on or before the Closing whether or not they have been deposited or have cleared any bank holding procedures (with a corresponding adjustment to current assets, if any), provided such amounts have not already been reflected in the accounts of the Transferred Entities; and (z) adjusted to reflect the settlement of all intercompany accounts pursuant to Section 5.7.
Closing Cash Amount means all unrestricted cash on hand and cash equivalents of the Company that are immediately convertible into cash in accordance with GAAP calculated as of the Calculation Date. For purposes hereof, “Closing Cash Amount” shall be reduced by the aggregate balance of all outstanding checks as of the Calculation Date.
Closing Cash Amount is defined in Section 1.2(a)(i).
Closing Cash Amount has the meaning given to such term in Section 2.01(c)(i).