Cash; Etc. At the close of business on the last business day prior to the Closing Date, Seller and Buyer shall take a physical count of the Inventory and the Xxxxx Cash on hand at the Cinema (the “Xxxxx Cash”). The Xxxxx Cash on hand shall be valued at its face value, and shall be paid for separately at the Closing. As of Closing Date Seller had pre-sold tickets for use by customers of the Cinema in the ordinary course of business (“Pre-Sold Tickets”). If the use by customers of the Cinema of Pre-Sold Tickets shall exceed One Hundred Dollars ($100.00) in the aggregate during the twelve (12) months following the Closing Date (the “Pre-Sold Ticket Threshold”), Buyer shall deliver to Seller, for each calendar month during such period, after the Pre-Sold Ticket Threshold shall have been met, a notice indicating the amount of Pre-Sold Tickets used during the month in excess of the Pre-Sold Ticket Threshold, together with reasonable documentation evidencing same, and Seller shall pay to Buyer such amount within 30 days after Seller’s receipt of such notice. Seller shall not be required to reimburse Buyer for any Pre-sold Tickets used by customers after the date that is twelve (12) months following the Closing Date.
Cash; Etc. The Personal Property shall not include any cash (other than the change funds specifically referred to in Sections 1.1(d)), bank accounts, cash equivalents or other similar types of investments or marketable securities.
Cash; Etc. Buyer shall purchase xxxxx cash on hand at the Cinema at the close of business on the date immediately preceding the Closing Date, the purchase price of cash to be face value, subject to a physical count of such cash by Buyer and Seller. If the use by customers of the Cinema of pre-sold tickets sold by Seller shall exceed $100 in the aggregate, Seller shall promptly pay to Buyer an amount equal to such use in excess of $100.
Cash; Etc. The PH Personal Property shall not include any cash (other than the change funds specifically referred to in Section 1.1(d)), bank accounts, cash equivalents or other similar types of investments or marketable securities.
Cash; Etc. The NPC Personal Property shall not include any cash (other than the change funds specifically referred to in Section 2.1(d)), bank accounts, cash equivalents or other similar types of investments or marketable securities.
Cash; Etc. At the close of business on the last business day prior to the Closing Date, Seller and Buyer shall take a physical count of the Inventory and the Pxxxx Cash on hand at the Cinema (the “Pxxxx Cash”). The Pxxxx Cash on hand shall be valued at its face value, and shall be paid for separately at the Closing. As of the Closing Date, Seller will have issued or sold tickets, discount vouchers or other items, in the ordinary course of business, for use by customers of the Cinema for admission to the Cinema, for concession items or for anything else of value with respect to the Cinema (“Pre-Sold Tickets”).
Cash; Etc. At the close of business on the last business day prior to the Closing Date, Seller and Buyer shall take a physical count of the Inventory and the Pxxxx Cash on hand at the Cinema (the “Pxxxx Cash”). The Pxxxx Cash on hand shall be valued at its face value, and shall be paid for separately at the Closing. As of the Closing Date, Seller will have issued or sold tickets, discount vouchers or other items, in the ordinary course of business, for use by customers of the Cinema for admission to the Cinema, for concession items or for anything else of value with respect to the Cinema (“Pre-Sold Tickets”), Pre-Sold Tickets shall not include any and all discounts, admissions, combination of tickets, or other advertising programs issued by Seller pursuant to an agreement between Seller and Movie Money Bonanza relating to the promotion of the Business that has expired (the “MMB Tickets”). Buyer agrees that it will honor at the Cinema any MMB Tickets issued for use at the Cinema prior to October 22, 2013, and Buyer will continue to honor such MMB Tickets for a period of 12-months following the Closing Date.
Cash; Etc. All cash (including in deposit accounts or similarly liquid investments). 1.1.13
Cash; Etc. At the close of business on the last business day prior to the Closing Date, Sellers and Buyers shall take a physical count of (i) the pxxxx cash on hand at the Cinemas and (ii) Sellers’ inventory being sold by Sellers to Buyers under this Agreement. Sellers’ inventory shall include concession products, candy items, paper goods and other similar items, but shall not include projector bulbs which shall be deemed to be equipment for purposes of this Agreement. The pxxxx cash on hand shall be valued at its face value. Inventory shall be valued at Sellers’ cost, determined on a first-in-first-out basis; provided that such inventories do not exceed amounts that would be expected as customary in the ordinary course of business. If the use by customers of the Cinemas of pre-sold tickets sold by Sellers shall exceed $100 in the aggregate, Sellers shall promptly pay to Buyers an amount equal to such use in excess of $100.
Cash; Etc. At the close of business on the last business day prior to the Closing Date, Seller and Buyer shall take a physical count of (i) the pxxxx cash on hand at each of the Cinemas (the “Pxxxx Cash”), and (ii) Seller's Inventory being sold by Seller to Buyer under this Agreement. Seller's Inventory shall include concession products, candy items, paper goods and other similar items, but shall not include projector bulbs which shall be deemed to be equipment for purposes of this Agreement. The Pxxxx Cash on hand shall be valued at its face value. Inventory shall be valued at Seller's cost, determined on a first in first out basis; provided that such Inventory does not exceed amounts that are customary in the ordinary course of business. The Purchase Price shall be adjusted, as described in Section 2.6(a), by the amount of Pxxxx Cash and Inventory on hand at each of the Cinemas. If the use by customers of any Cinema of pre-sold tickets sold by Seller in the ordinary course of business (“Pre-Sold Tickets”) shall exceed One Hundred Dollars ($100.00) in the aggregate during the twelve (12) months following the Closing Date (the “Pre-Sold Ticket Threshold”), Buyer shall deliver to Seller, for each calendar quarter during such period after the Pre-Sold Ticket Threshold has been met, a notice indicating the amount of Pre-Sold Tickets used in excess of the Pre-Sold Ticket Threshold, together with reasonable documentation evidencing same, and Seller shall pay to Buyer such amount within 30 days after receipt of such notice. Seller shall not be required to reimburse Buyer for any Pre-sold Tickets used by customers of any Cinemas after the date that is twelve (12) months following the Closing Date.
