Closing Date Cash on Hand definition

Closing Date Cash on Hand means the aggregate amount of the Cash on Hand as of the Adjustment Time, as finally determined in accordance with Section 2.6.

Closing Date Cash on Hand means the Cash on Hand as of the Reference Time.

Closing Date Cash on Hand means the Cash-on-Hand of the Companies as of the Adjustment Calculation Time in an amount equal to the aggregate amount identified by Acquiror to be maintained in accordance with Section 5.6(c)(i).

Examples of Closing Date Cash on Hand in a sentence

• All cash on hand at the Branch Offices as of the close of business on the Closing Date ("Cash on Hand").

• Within ninety (90) calendar days following the Closing Date, Buyers shall prepare and deliver to Seller Representative a closing statement setting forth Buyers’ calculation of (a) the Closing Date Net Working Capital, (b) the Closing Date Cash on Hand, (c) the Closing Date Indebtedness, (d) the Closing Date Transaction Expenses and (e) the Net Adjustment Amount, in each case, with reasonable supporting detail and documentation (the “Closing Statement”).

• At least five (5) Business Days prior to the Closing, Seller Representative shall provide Buyers with a written statement (the “Estimate Statement”) setting forth, in reasonable detail, Seller Representative’s good faith written estimate of (a) the Closing Date Net Working Capital, (b) the Closing Date Cash on Hand, (c) the Closing Date Indebtedness and (d) the Closing Date Transaction Expenses.

• The parties shall in good faith attempt to resolve any dispute and, if the parties so resolve all disputes, the Closing Statement (and the computation of Closing Date Working Capital, Closing Date Indebtedness, Closing Date Cash on Hand and unpaid Company Transaction Expenses indicated thereon), as amended to the extent necessary to reflect the resolution of the dispute, shall be conclusive and binding on the parties.

• The Closing Statement (and the computation of Closing Date Working Capital, Closing Date Indebtedness, Closing Date Cash on Hand and unpaid Company Transaction Expenses indicated thereon) delivered by Purchaser to the Sellers shall be conclusive and binding upon the parties unless the Sellers, within forty-five (45) days after receipt of the Closing Statement, notify Purchaser in writing that they dispute any of the amounts set forth therein, specifying the nature of the dispute and the basis therefor.

• All cash and cash equivalents of the Seller located at or on the Store Properties on the Closing Date ("Cash on Hand").

• The aggregate purchase price (the “Purchase Price”) payable by Purchaser to the Seller for the Capital Stock will be (i) the Base Consideration, plus (ii) the Closing Date Cash on Hand, minus (iii) the Closing Indebtedness, minus (iv) the Company Transaction Expenses, and (v) plus or minus any Final Adjustment Amount.

More Definitions of Closing Date Cash on Hand

Closing Date Cash on Hand means the Cash on Hand as of the Adjustment Time.

Closing Date Cash on Hand has the meaning set forth in Section 1.02(d)(i).

Closing Date Cash on Hand means the aggregate Cash on Hand of all Companies at the Closing.

Closing Date Cash on Hand means the Cash on Hand of the Acquired Companies as of immediately prior to the Closing, derived from the Closing Date Balance Sheet and prepared in accordance with SECTION 2.2(b) and the definition of Cash on Hand.