Target Company Cash definition

Target Company Cash means, as of 11:59 p.m. Rockdale, Texas time on the Business Day immediately prior to the Closing Date, without duplication, any and all cash and cash equivalents (including marketable securities and short-term investments, but excluding any restricted cash and outstanding checks) of the Target Company and the Transferred Subsidiary, as determined in accordance with GAAP and in a manner in accordance and consistent with the Illustrative Closing Statement. Notwithstanding the foregoing, the Target Company Cash does not include (i) intercompany receivables between the Target Company and the Transferred Subsidiary and (ii) amounts included in the Net Working Capital.
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Target Company Cash means the aggregate amount of cash, cash equivalents, and marketable securities (however derived, including from capital contributions, operations, financings, sales or condemnations, insurance proceeds, the exercise of options or extraordinary events) of the Target Company as at the Closing. For the avoidance of doubt, Target Company Cash shall include (a) the amount of any cash and checks previously received by the Target Company or its respective banks, whether or not cleared, and deposits in transit, (b) any security, escrow or similar deposits, and (c) any deposits or cash held (i) as a guarantee in respect of performance of Contracts or (ii) as collateral in respect of outstanding insurance policies, leases or letters of credit.
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Target Company Cash means an amount of Company Cash as specifically set forth in Schedule 1.1 attached hereto and incorporated herein by reference.
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Examples of Target Company Cash in a sentence

  • The Target Company Cash and cash equivalents As at December 31, As at June 30, 202020212022 2023 RMB’000RMB’000RMB’000 RMB’000US$339,122223,87055,793 2,233HK$–55 5 339,122 223,875 55,798 2,238 (b) Restricted cash Restricted cash of the Target Group was denominated in US$.

  • Target Company Cash Shares Consideration paid The consideration paid was calculated based on an estimated offering price of $4.50 per share.


More Definitions of Target Company Cash

Target Company Cash has the meaning set forth in Section 2.15(c)(ii).
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Target Company Cash means the cash or cash equivalencies of the Target Companies.
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Related to Target Company Cash

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Target Companies means the Target and its Subsidiaries.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Target Group means the Target and its Subsidiaries.

  • Acquired Corporations means the Company and each of its Subsidiaries.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Acquired Entities means the Company and the Acquired Subsidiaries.

  • Acquiror has the meaning specified in the Preamble hereto.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

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

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Petty Cash means a sum of money set aside on an imprest basis for the purpose of making change or paying small obligations.

  • Company SEC Documents has the meaning set forth in Section 3.5(a).

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

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • 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).

  • Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Pre-Closing Tax Return has the meaning set forth in Section 7.1(a).

  • Transferred Entities means the entities set forth on Schedule 1.9.

  • Company Equity Plans means the Company’s 1994 Stock Option Plan, 1998 Stock Option Plan, 2000 Stock Option Plan, 2003 Equity Incentive Plan and 2005 Equity Incentive Plan, each as may be amended from time to time, and any stock option agreements, award notices, stock purchase agreements or other agreements or instruments executed and delivered pursuant thereto.

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