Cash and Receivables. All rights in Lessor’s bank accounts, cash and other liquid assets, securities, and accounts receivable related to the operation of the Hospital and as reflected on the Lessor’s business records and financial statements relating to the Hospital (the "Cash and Liquid Assets"), will be transferred to Lessee pursuant to the Liquid Assets Transfer Agreement between Lessor and Lessee dated as of the Commencement Date (the "Liquid Assets Transfer Agreement").
Cash and Receivables. (a) At the Effective Time, Parent will have a combination of cash and accounts receivable of not less than $4.0 million including cash raised in accordance with Sections 5.8 and 7.11(b) but not including the proceeds to be raised pursuant to the Xxxxxx Xxxxxx Subscription Agreement.
(b) Parent will have received the subscription and funds from KMB Trac Two Holdings Ltd. to purchase $1.0 million worth of Parent Common Stock conditional on and to be completed immediately following the Closing.
(c) On or before the Effective Time, holders representing not less than $3.0 million of Parent’s outstanding convertible debt will, in accordance with the terms thereof, be converted to Parent Common Stock.
Cash and Receivables. Cash and cash equivalents held by the Acquired Companies shall be valued at the reconciled amount on the Closing Date. Value shall be placed on any contracts for future services, prepaid items or deferred charges, only to the extent of the value or benefit of which will be usable by the Acquired Companies. The receivables of each Acquired Company, including but not limited to contracts in transit, factory, rebate, warranty, employee, trade and accounts receivable, incentives (under SECTION 1.4(a)) accrued but unpaid (collectively, the "Accounts Receivable") as of the Closing Date shall be valued at the amount recorded on each Acquired Company's books. Sellers covenant that there will not be any receivables from any Sellers or Affiliates of Sellers. Sellers shall purchase all uncollected Accounts Receivables as provided in SECTION 4.12.
Cash and Receivables. All cash, cash equivalents and accounts receivable held by Seller relating to the Business;
Cash and Receivables. All cash, cash items, marketable securities, certificates of deposit and other investments of Seller, and all accounts and notes receivable of Seller; provided, however, Seller shall assign and remit to Buyer, and Buyer shall take, as a Purchased Asset, all accounts receivable that relate to all non-hosting revenue related to Warner Brothers International Television Distribution and arising after January 8, 2002 and all associated cash. (the "WBITD Asset").
Cash and Receivables. All cash, bank accounts, notes receivable, loans receivable, certificates of deposit, credit card accounts receivable from sales generated from Seller's SF Restaurants prior to the Closing and allowances or credits due from vendors, suppliers or service providers accrued prior to the Closing, other than the "cash banks" in the cash registers and otherwise maintained as cash on hand in the Seller's SF Restaurants as of the Closing Date, which shall be calculated and confirmed in writing by Seller as of the Closing Date, and which shall be credited to Seller as an addition to the Conveyance Amount hereunder.
Cash and Receivables. (i) Cash in an amount equal to the sum of (A) $40 million (the “Target Cash Amount”), (B) $2 million (in settlement of certain pre-existing obligations), and (C) the aggregate net dollar amount of the positive difference, if any, between the Retained Receivables minus the sum of (1) the Retained Payables and (2) the Retained Rebate Liabilities immediately prior to the Distribution (the “Distribution Date Working Capital Amount”) (collectively, the “Halyard Retained Cash”).
(ii) cash in an amount sufficient to satisfy withholding tax obligations of Safeskin Corporation, Ltd., and Safeskin Medical & Scientific Ltd., relating to a cash distribution made prior to the Effective Time from such entities to Xxxxxxxx-Xxxxx in respect of its beneficial ownership of such distributing entities (the “Thai Withholding Tax Cash”);
(iii) all accounts receivable, notes receivable, lease receivables, prepayments (other than prepaid insurance), advances and other receivables arising out of or produced by the Healthcare Business and owing by any Persons, but in all cases excluding the Retained Receivables (the “Receivables”);
(iv) all cash payments received after the Effective Time on account of the Receivables;
(v) all manufacturers’ warranties or guarantees related primarily to the Transferred Assets;
(vi) any and all manufacturers’ or third party service or replacement programs related primarily to the Transferred Assets; and
(vii) those certain advanced rebates set forth on Schedule 2.2(b)(vii), which shall in no event be deemed to be included in the Retained Receivables;
Cash and Receivables. All cash, deposits (including security deposits), certificates of deposit and other cash equivalents (other than cash or cash equivalents in an amount not greater than $1,000 and certain proceeds from the exercise of stock options as described herein as Excluded Assets) and all accounts receivable and other receivables (except certain receivables described herein as Excluded Assets).
Cash and Receivables. (a) Set forth on Schedule 3.9
(a) are (i) a list of all bank lines, credit arrangements, bank accounts, money market and securities brokerage accounts, and safe deposit boxes maintained by the Seller and each Acquired Subsidiary together with the names of all authorized signatories on each such arrangement or account, and (ii) a list of all certificates of deposit, money market fund investments, other cash equivalents, marketable securities of other persons and investment companies and similar temporary investments.
(b) All of the accounts receivable of the Seller and each Acquired Subsidiary reflected on the Interim Balance Sheet, and all accounts receivable arising subsequent to the date thereof and prior to the date of this Agreement, (i) represent actual indebtedness incurred by the applicable licensees or account debtors, (ii) have arisen in the ordinary course of the Seller's or such Acquired Subsidiary's business, and (iii) are collectible in the ordinary course of business, except only to the extent of the allowance for doubtful accounts reflected on the books and records of Seller and the Acquired Subsidiaries.
Cash and Receivables. All of the Company's cash on hand, on deposit or invested and all accounts and notes receivable, and other receivables.
