Cash Statement definition

Cash Statement shall have the meaning set forth in Section 2.3.

Cash Statement has the meaning set forth in Section ‎2.3(a).

Cash Statement has the meaning set forth in Section 2.10(b).

Examples of Cash Statement in a sentence

• The Distribution Date Cash Statement shall be certified by the Chief Financial Officer of AS SpinCo and accompanied by reasonable supporting back-up information with respect to such aggregate Cash amount (e.g., bank reconciliation).

• The Closing Balance Sheet, the Closing Net Working Capital Statement and the Closing Net Cash Statement will be prepared in accordance with the Accounting Methodologies and, to the extent not inconsistent therewith, in accordance with GAAP, in each case, applied on a basis consistent with the Financial Statements.

• The Purchase Price shall be determined on the basis of the Cash Statement, the Financial Debt Statement and the Working Capital Statement (collectively the “Closing Statements”) which shall be prepared in accordance with this Clause 6.

More Definitions of Cash Statement

Cash Statement means a statement of the Cash Amount of the Target Companies to be provided by the Buyer to the Sellers in accordance with Schedule 3;

Cash Statement means such statement in the form which becomes final and binding upon the Parties as hereinabove provided. After the Cash Statement is finalized, the Purchase Price shall be adjusted upward or downward as follows: (A) if the net amount of cash, cash equivalents and bank overdrafts reflected on the Cash Statement exceeds Pound Sterling 450,000, then the Purchase Price shall be increased by the amount of such excess (the "Cash Adjustment Amount") and Buyer shall pay the Cash Adjustment Amount to UBIBV, or (B) if the net amount of cash, cash equivalents and bank overdrafts reflected on the Cash Statement are less than Pound Sterling 450,000, then the Purchase Price shall be decreased by the amount of such deficiency (the "Cash Adjustment Amount") and UBIBV shall pay the Cash Adjustment Amount to Buyer. The appropriate party shall, within one (1) business day after the Cash Statement becomes final and binding, pay to the other party the Cash Adjustment Amount, together with interest thereon at a rate of LIBOR plus one percent (1%) calculated from the Closing Date to the date on which the Cash Adjustment Amount is received by the party that is entitled to payment thereof.

Cash Statement means a statement substantially in the format as Schedule 6.1 Part A (but applying actual figures as of the Closing Date) showing the following items of cash and cash equivalents existing at the Company as of the Closing Date (after taking into account transactions contemplated in Clause 5.1.1 and 5.1.2 and the Permitted Transactions under Clause 5.2):

Cash Statement has the meaning set forth in Section 4.01(a)(i).

Cash Statement means the statement of Cash and Debt to be prepared in accordance with the provisions of Schedule 9;

Cash Statement means a statement showing only the Cash (as defined herein) of the BOMAG Group Companies as of the Closing Date;

Cash Statement the statement of Cash as at the Completion Accounts Date