Closing Cash Amount. (a) Within 30 days after the Closing Date, ICE shall prepare a calculation (the “Calculation”) of the Closing Cash Amount. “
Closing Cash Amount. (a) The estimated amount (the “Estimated Closing Cash Amount”), as of the Closing Date, of the Acquired Company’s share of the cash balance in the Joint Venture Account maintained by the Acquired Company as operator of the Operating Joint Venture (the “Closing Cash Amount”) is nil ($0).
Closing Cash Amount. 2.04(e) Closing Date ............................... 2.03
Closing Cash Amount. Parent shall deposit with the Escrow and Payments Agent, for the benefit of and payment to the Stockholders, the Closing Cash Amount. The applicable Escrow and Payments Agreement shall provide that the Closing Cash Amount shall be held and disbursed by the Escrow and Payments Agent, and Parent shall cause the Escrow and Payments Agent to hold and disburse the Closing Cash Amount, in accordance with this Section 3.06(a) and the Allocation Schedule. The Escrow and Payments Agent shall hold the Closing Cash Amount on behalf of the Stockholders for the sole purpose of delivering the Closing Cash Amount to the applicable Stockholders in accordance with the terms of this Agreement. Whenever, pursuant to this Agreement, Parent deposits with the Escrow and Payments Agent amounts to which Stockholders are entitled, for the benefit of the Stockholders entitled thereto and payable pursuant to the applicable Escrow and Payments Agreement, such deposit by Parent satisfies in full Parent’s obligations to deliver such amounts to the Stockholders, subject to Section 3.06(f). The Stockholders’ Representative, on behalf of the Stockholders, shall pay the costs and expenses of the Escrow and Payments Agent (if any).
Closing Cash Amount. No later than ten (10) Business Days following the Closing Date, Seller shall deliver to Buyer a calculation of the Cash of Seller immediately prior to the Closing ("Closing Cash Amount"). Closing Cash Amount shall not include the face amount of all checks written by Seller prior to the Closing Date but not yet debited to Seller's bank accounts as of the date of calculation by Seller pursuant to this Section 2.9(a) and shall include the amount of all deposits made by Seller prior to the Closing Date which were not fully credited to Seller's bank accounts as of the Closing Date but which were fully credited to Seller's bank accounts as of the date of calculation by Seller pursuant to this Section 2.9(a). The calculation shall be accompanied by reasonably detailed schedules supporting the calculation of the Closing Cash Amount.
Closing Cash Amount. 2.05(e) Closing Date....................................................................................2.03 Company.....................................................................................
Closing Cash Amount. The Company shall have cash and/or cash equivalents at least equal to the Closing Cash Amount.
Closing Cash Amount. On the Closing Date, and immediately following the Closing, the Seller shall ensure that its Cash balance that is included in the Purchased Assets is at least $225,000. On the Closing Date, the Seller shall deliver to the Buyer screenshots of the Seller’s operating bank accounts showing the balances in the Seller’s bank accounts as of the opening of business on the Closing Date.
Closing Cash Amount. An aggregate amount in cash equal to the Closing Cash Amount, by wire transfer of immediately available funds to account(s) designated in writing by Seller;
Closing Cash Amount. It is the intention of Purchaser, Seller and Parent that the total cash and cash equivalents of Seller transferred to Purchaser or Purchaser Sub at Closing pursuant to Section 2.1(h) shall be no less than (i) $1,000,000 plus (ii) the amount, if any, that the total liabilities assumed by Purchaser or Purchaser Sub pursuant to Section 3.1(a) exceed (x) the items transferred to Purchaser or Purchaser Sub pursuant to Section 2.1(j) plus (y) the items transferred to Purchaser or Purchaser Sub pursuant to Section 2.1(k) (the "Closing Cash Amount"). Purchaser, Seller and Parent have estimated, based on the unaudited balance sheet of Seller as of July 31, 2003, the Closing Cash Amount to be $1,056,559 in accordance with the Closing Cash Schedule set forth as Schedule 4.3. Such estimated Closing Cash Amount is being delivered by Seller to Purchaser or Purchaser Sub at Closing, subject to adjustment as provided in Section 4.5.
