Negative Final Closing Date Net Cash Sample Clauses

Negative Final Closing Date Net Cash. If the Final Closing Date Net Cash is negative, Parent shall instruct the Cash Escrow Agent to disburse the amount by which the Final Closing Date Net Cash is less than zero and any accrued interest thereon to Parent, and Representative shall instruct the Cash Escrow Agent to disburse any remaining Hold-Back Cash and accrued interest thereon to the Company Shareholders. If the negative Final Closing Date Net Cash exceeds the amount of Hold-Back Cash, the Company Shareholders shall pay the amount of the deficiency to Parent within three (3) business days following the final determination of the Final Closing Date Net Cash via wire transfer pursuant to instructions provided by Parent to Representative. If the Company Shareholders fail to pay the deficiency to Parent, Parent may pursue any and all remedies available at law, by contract, or otherwise, including without limitation, the remedies provided in Section 5.2 hereof. The obligation of the Company Shareholders to pay additional amounts to satisfy their obligations hereunder shall be joint and several among the Company Shareholders.