Estimated Initial Cash Amount Clause Samples

Estimated Initial Cash Amount. The Owners and the Parent acknowledge that on or before the date of this Agreement, the Owners delivered to the Parent a statement (the “Estimated Closing Statement”) setting forth (a) the Owners’ estimate of the Net Working Capital, and (b) the Owners’ estimate of the Initial Cash Amount (the “Estimated Initial Cash Amount”), which estimate was made by the Owners in good faith and in a manner consistent with the principles stated in Schedule 2.4(a).