Examples of Final Closing Cash in a sentence
No further premiums or payments will be due under the Insurance Policies after the Closing with respect to periods prior to the Closing (except to the extent taken into account in the calculation of the Final Closing Cash Payment).
Xxxxx) or Actual Fraud; (ii) accrued but unpaid compensation for employment services and vested benefits under any Employee Benefit Plan (if applicable); (iii) any Liabilities taken into account in the calculation of the Final Closing Cash Payment; and (iv) the Real Property Lease and the related Leased Real Property owned by Xxxxx X.
The Closing Working Capital, the Closing Cash, and the Closing Debt, as applicable, determined by the Neutral Accountant in accordance with this Section 2.5(e), shall be deemed to be the Final Closing Working Capital, the Final Closing Cash, and the Final Closing Debt, as applicable.
The Buyer shall on or before the Adjustment Date prepare in good faith and deliver to the Sellers’ Representatives a balance sheet reflecting the Closing Net Working Capital (and the Final Closing Cash Amount), which balance sheet will be prepared in accordance with the procedures described in the definition of Net Working Capital herein and shall not take into account the transactions contemplated hereby.
Except to the extent paid by any Company prior to Closing or taken into account in the calculation of the Final Closing Cash Payment, any expenses of Sellers and Sellers’ Representative relating to the transactions contemplated by this Agreement (including financial advisory, legal and accounting fees) will be paid by Sellers at or as soon as practicable after Closing.