December Cash definition

December Cash means (i) all Cash and Cash Equivalents of the Company as of the close of business on December 20, 2002 and (ii) all December 20, 2002 Working Capital in excess of the Target Working Capital, less any December 20, 2002 Inventory in excess of Target Inventory; provided that in no event shall December Cash exceed the December Cash Target.
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Examples of December Cash in a sentence

  • Consisted of :- Thousand Baht As at September As at December Cash on hand 1,385 2,960 Cash at bank - savings accounts and current accounts 130,343 240,697 Short - term investment - 464,487 As at September 30, 2020 and December 31, 2019, cash at bank-savings accounts have interest at the floating rate at 0.13% per annum and 0.38% per annum, respectively.

  • The receiving party's failure to deliver a written statement of objections within 15 business days after the later of the delivery of such Statement of December Cash and the Closing Date shall constitute the receiving party's acceptance of the Statement of December Cash, in which event, the Statement of December Cash shall become final on such 15th business day after the later of the delivery of such Statement of December Cash and the Closing Date.

  • For any otherwise compensable disability under this Article, an employee has the option of receiving Sick Leave pay at the time of the disability or waiving such right in order to defer compensation until the December Cash Settlement.

  • If the Closing Date is after January 30, 2003, prior to Closing the Holder Representative shall prepare and deliver to Acquiror a Statement of December Cash.

  • If the receiving party has any objections to the Statement of December Cash delivered by the preparing party, it will deliver a written statement describing its objections to the Statement of December Cash within 15 business days after the later of the delivery of such Statement of December Cash and the Closing Date.

  • Consisted of :- Thousand Baht As at June As at December Cash at bank - savings accounts and current accounts 201,380 133,920 Cash on hand 1,482 1,990 As at June 30, 2021 and December 31, 2020, cash at bank-savings accounts have interest at the floating rate at 0.13% per annum and 0.13% per annum, respectively.

  • The Statement of December Cash, whether prepared by the Holder Representative or the Acquiror, shall be prepared in accordance with GAAP in a manner consistent with the accounting principles used in preparing the September 2002 Balance Sheet.