Cash Payment Defined Clause Samples
Cash Payment Defined. “Cash Payment” means an amount equal to: (i) $100,000,000, plus (ii) Estimated Cash, minus (iii) the Escrow Amount, minus (iv) the Estimated Deferred Payroll Taxes, minus (v) Estimated Indebtedness, minus (vi) Estimated Transaction Expenses, minus (vii) the amount, if any, by which Target Net Working Capital exceeds Estimated Net Working Capital and plus (viii) the amount, if any, by which Estimated Net Working Capital exceeds Target Net Working Capital.
