Completion Cash definition

Completion Cash means the aggregate of all cash held in hand or at bank by the Company and belonging to the Company at Completion as shown on the Completion Cash / Debt Statement

Completion Cash means the sum of all the line items included in the column headed “Cash” in the Completion Statement;

Completion Cash has the meaning given in paragraph 1.2 of Error! Reference source not found. (Completion Statement Principles);

Examples of Completion Cash in a sentence

• For the avoidance of doubt, the “Early Completion Cash Rebate” Benefit shall not be applied for any purpose other than for part payment of the balance of purchase price as aforesaid.

• After due receipt and verification by the Vendor of such application and due acceptance of the proposed early completion date, the Vendor shall apply the amount of “Early Completion Cash Rebate” directly as part payment of the balance of the Purchase Price.

• If the last day of the period as set out in the Early Completion Cash Rebate Benefit Table is not a working day, the said day shall fall on the next working day.

• The "Early Completion Cash Rebate" is non-assignable, non-transferable and subject to other terms and conditions.

• After the Developer has received the application and duly verified the information, the Developer will upon completion apply the Early Completion Cash Rebate to part payment of the balance of the purchase price directly.

More Definitions of Completion Cash

Completion Cash means the cash and cash equivalents of the Group Companies (in each case beneficially held by the Group Companies), net of any outstanding checks/cheques, drafts and wires and excluding any Trapped Cash, as at the Effective Time and free from any Encumbrance as derived from and stated in the Completion Accounts; Completion Date means the date on which Completion actually occurs;

Completion Cash has the meaning given to it in paragraph 1 of Schedule 7;

Completion Cash means Cash plus Debt Cash plus Working Capital Cash.

Completion Cash the consolidated cash book balance of the Target Group as at Completion expressed in sterling based on the exchange rates published on XXXXX.XXX on the close of business on the Completion Date, and taking into account all cash balances of the Target Group including any foreign currency amounts and including the Retained Cash.

Completion Cash means, in relation to the Group Companies, the Cash as of the Closing Date.

Completion Cash a Vendor's estimate of Actual Completion Cash to be provided in accordance with Clause 5.7;

Completion Cash means, in respect of the Company, its total Cash as at the close of business on the Completion Date, as derived from the Completion Net Working Capital Statement;