Examples of Target Cash Amount in a sentence
The Share Bonus and the Cash Bonus shall be determined based on Target Share Amount and the Target Cash Amount, respectively, in the manner set forth in Sections 3 and 4 hereof.
Accordingly, if the Cash Amount is greater than the Target Cash Amount, the amount of such excess (a “Cash Surplus Amount”) shall be distributed by the Company to Sellers in accordance with each Seller’s Ownership Percentage, and if the Cash Amount is less than the Target Cash Amount, the Purchase Price will be decreased on a dollar-for-dollar basis by the amount of such deficit (a “Cash Shortfall Amount”).
Remainco shall contribute to New News Corporation an amount of Cash Equivalents (the “Cash Contribution”) such that as of immediately prior to the Distribution New News Corporation and its consolidated Subsidiaries will have a Cash Equivalents balance of the Target Cash Amount.
If Fortive determines that the Restricted Jurisdiction Target Cash Amount for any Restricted Jurisdiction exceeds the Restricted Jurisdiction Cash Amount for that Restricted Jurisdiction, the amount of such excess, plus any interest accrued in accordance with Section 2.13(c)(iii), shall be paid by Fortive to Vontier within five (5) Business Days after the determination of the Restricted Jurisdiction Cash Amount pursuant to this Section 2.13, by wire transfer in immediately available funds.
The Committee further establishes the Participant’s Target Cash Amount at $__________ for the Performance Period.