First Closing Cash Payment definition

First Closing Cash Payment has the meaning given such term in Section 2.2.
First Closing Cash Payment shall have the meaning specified in Section 1.9(a)(i).
First Closing Cash Payment means the sum of Fifty-Five Million Dollars ($55,000,000), adjusted pursuant to Section 2.5;

Examples of First Closing Cash Payment in a sentence

  • The First Closing Cash Payment shall be increased, dollar-for-dollar, by the amount by which the Estimated Net Working Capital is a positive number and shall be decreased, dollar-for-dollar, by the amount by which the Estimated Net Working Capital is a negative number (the amount by which the First Closing Cash Payment is adjusted, positive or negative, the “Estimated Net Working Capital Adjustment Amount”).

  • The First Closing Cash Payment shall be i ncreased, dollar-for-dollar, by the amount by which the Estimated Net Working Capital is a positive number and shall be d ecreased, dollar-for-dollar, by the amount by which the Estimated Net Working Capital is a negative number (the amount by which the First Closing Cash Payment is adjusted, positive or negative, the “Estimated Net Working Capital Adjustment Amount”).

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