Net Closing Date Cash definition

Net Closing Date Cash means the excess of (i) Cash and Cash Equivalents of the Company, calculated in a manner consistent with the sample calculation set forth on Section 10.2(a) of the Disclosure Schedule over (ii) the aggregate amount (if any) of the Company’s outstanding indebtedness for borrowed money on the Closing Date and the Company’s outstanding guarantees of indebtedness for borrowed money of any other Person on the Closing Date.
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Net Closing Date Cash means the aggregate amount of (a) Cash, minus (b) the aggregate amount of Indebtedness of the Company and the Continuing Subsidiaries as of the Closing.
Sample 1

Examples of Net Closing Date Cash in a sentence

  • Within three (3) Business Days after the determination of the Closing Working Capital and Net Closing Date Cash becomes binding and conclusive on the parties pursuant to this Section 1.4, the Seller or the Purchaser, as the case may be, shall make the wire transfer payment provided for in this Section 1.4(e).

  • The “Adjustment Amount” (which may be, and the components of which may be, a positive or negative number) shall be equal to the sum of (i) the amount determined by subtracting the Closing Working Capital from the Estimated Working Capital and (ii) the amount determined by subtracting the Net Closing Date Cash from the Estimated Net Closing Date Cash.

  • The LP residual of clean speech has higher kurtosis than that of reverberant speech.

  • The Closing Date Cash Distribution less the Expense Reserve (the "Net Closing Date Cash Distribution") shall be distributed by the Exchange Agent to the holders of Company Stock (other than Dissenting Shares) pursuant to the exchange procedures set forth in Section 2.6 and the Exchange Agreement.

  • The meeting brought together police, Customs and Environmental Officers from Brunei Darussalam, Cambodia, Indonesia, Malaysia, Myanmar, Philippines, Singapore, Thailand and Viet Nam and hosts Lao PDR to review progress in implementing the ASEAN Wildlife Enforcement Network (ASEAN-WEN).

  • The “Adj ustment Amount” (which may be, and the components of which may be, a positive or negative number) shall be equal to thesum of (i) the amount determined by subtracting the Closing Working Capital from the Estimated Working Capital and (ii) the amount determined by subtracting the Net Closing Date Cash from the Estimated Net Closing Date Cash.

Related to Net Closing Date Cash

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Closing Date Net Working Capital means the Net Working Capital as of the Closing Date.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.

  • Closing Cash means the amount of Cash determined as of the close of business on the Closing Date.

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

  • Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a).

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.3(a).

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Final Closing Working Capital has the meaning set forth in Section 2.5(d).

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.

  • Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.

  • Final Closing Statement has the meaning set forth in Section 2.5(d).

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.