Net cash on hand means the cash on hand on the day of the primary election less the sum of all debts and obligations reported under division (F) of this section.
Net cash on hand means, on a consolidated basis, the sum of the cash balance of Stralak, less the Liabilities of Stralak, exclusive of the $414,280 in Liabilities of Stralak disclosed in note 5 to the interim financial statements of Stralak for the period ended February 28, 2021 (the “Statute Barred Liabilities”), calculated as at the applicable date;
Net cash on hand means the sum of the cash balance of Tiller, less the Liabilities of Tiller, calculated as at the applicable date;
Examples of Net cash on hand in a sentence
As at the date hereof, Apolo has Net Cash on Hand of approximately $775,000.
Immediately prior to the Effective Time, BCF shall be satisfied, acting reasonably, that Tiller has Net Cash on Hand of not less than $400,000.
As at the date hereof, MJO has Net Cash on Hand of approximately $530,000.
As at the date hereof, assuming completion of the Xxxxxxx Xxxx Xxxxxxxxxx, Xxxxxxx has Net Cash on Hand of approximately $45,000.
As at the date hereof, Tiller has Net Cash on Hand of approximately $540,000.
More Definitions of Net cash on hand
Net cash on hand means the cash held in Sellers’ accounts that is part of the Transferred Assets.
Net cash on hand means Cash on Hand less (i) the Projected Liabilities, and (ii) the Company Lender Debt.
Net cash on hand means (a) actual cash on hand minus (b) total liabilities, whether related to tax or non-tax matters, known or unknown, due or not yet due, liquidated or unliquidated, fixed or contingent, determined or determinable in amount or otherwise and whether or not included, required to be included or of the type to be included in the Acquiror Financial Statements, including, without limitation, the Severance Payments.
Net cash on hand means all cash funds derived from or held by the Company (including interest received on reserves, borrowings and capital transactions), without reduction for any non-cash charges, but less cash funds used to pay current operating expenses, debt payments, capital improvements and replacements and to establish reasonable reserves for future expenses and costs as determined by the Board.
Net cash on hand means the sum of the cash balance of Apolo, less the Liabilities of Apolo, calculated as at the Effective Date;
Net cash on hand means the sum of the cash balance of MJO, less the Liabilities of MJO, calculated as at the relevant date;