Closing Cash Deficit means the amount, if any, by which Final Closing Cash is less than Estimated Closing Cash.
Closing Cash Deficit means the sum of the Minimum Cash Deficit and Estimated Closing Indebtedness minus the Closing Cash Payment; provided, however, that Closing Cash Deficit must be a positive number.
Closing Cash Deficit the amount by which Closing Cash Amount as of the close of business on the Closing Date is less than the Closing Cash Target amount.
More Definitions of Closing Cash Deficit
Closing Cash Deficit has the meaning set forth in Section 3.1(e)(i)(A).
Closing Cash Deficit means the amount, if any, by which the Estimated Company Cash is less than Ten Million Dollars ($10,000,000).
Closing Cash Deficit means the amount, if any, by which the Estimated Company Cash is less than Ten Million Dollars ($10,000,000). “Closing Cash Surplus” means the amount, if any, by which the Estimated Company Cash is greater than Ten Million Dollars ($10,000,000). “Closing Certificate” means the certificates required to be delivered by the Company to Parent pursuant to Sections 2.4(b)(v)(1) and 2.4(b)(v)(2).
Closing Cash Deficit has the meaning set forth in Section 2.4(e).