Examples of Estimated Closing Cash on Hand in a sentence

In the event the Gundersen Debt is paid in full, the Conti Debt shall be repaid (A) first, using the remaining Estimated Closing Cash on Hand and (B) thereafter, using the cash received from the Existing Bookings.
At the Closing, the Buyer shall (A) pay in cash the aggregate amount of the Purchase Price which is equal to (i) the Base Amount minus (ii) the Estimated Closing Seller Transaction Expenses, (B) cause the Company to pay the Estimated Closing Cash on Hand to Mark Gundersen (“Gundersen”) and (C) pay in cash the balance, if any, of the Gundersen Debt to Gundersen, to the extent the Estimated Closing Cash on Hand is less than the Gundersen Debt (collectively, the “Closing Payment”).
If there is a positive amount of Estimated Closing Cash on Hand (i.e., any amount greater than zero dollars), then the Base Purchase Price payable to the Sellers at the Closing pursuant to Section 1.4(d) herein shall be increased by an amount equal to the Estimated Closing Cash on Hand.
If the university students participate in the selection event / trials and are selected to represent the Association of Indian Universities (AIU), they shall be qualified to represent AIU and shall thereby be disqualified from representing the state concerned, irrespective of their registration with the Badminton Association of India as on 1st January from the date of intimation of such selection to BAI.
The Estimated Closing Working Capital, the Estimated Closing Cash on Hand, the Estimated Closing Indebtedness, and the Estimated Closing Transaction Expenses will be included in the determination of the Closing Merger Consideration as set forth in Section 3.1(a) above.

More Definitions of Estimated Closing Cash on Hand

Estimated Closing Cash on Hand means Closing Cash on Hand, as estimated by the Company and delivered to Buyer prior to Closing pursuant to Section 4B(a). [Exhibit A to Purchase Agreement and Agreement and Plan of 7 Merger]

Estimated Closing Cash on Hand has the meaning set forth in Section 3.1(b) below.

Related to Estimated Closing Cash on Hand

Estimated Closing Cash has the meaning set forth in Section 2.4(a).
Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.
Closing Cash Amount shall have the meaning set forth in Section 2.8(b).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Final Closing Cash shall have the meaning set forth in Section 2.11(g).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.
Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).
Closing Cash Payment has the meaning set forth in Section 2.06(a).
Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).
Cash on Hand means, as of any date, all xxxxx cash, vault cash, teller cash, ATM cash, prepaid postage and cash equivalents held at a Branch.
Estimated Closing Statement has the meaning set forth in Section 2.4(a).
Estimated Cash has the meaning set forth in Section 2.4(a).
Closing Cash Consideration has the meaning set forth in Section 2.02.
Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.
Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;
Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.
Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Working Capital Escrow Amount means $500,000.
Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Working Capital Adjustment shall have the meaning set forth in Section 3.5(c)(i).
Target Working Capital Amount means $162,000,000.
Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.
Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

Estimated Closing Cash on Hand definition

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