Acquired Cash definition
Examples of Acquired Cash in a sentence
The notice of disagreement shall only include disagreements based on the Final Acquired Cash Statement or Closing Date Working Capital not being calculated in accordance with Section 2.4 and the definitions contained in this Agreement.
The amount of the Net Working Capital as of the Closing Date (the "Final Net Working Capital") shall be prepared by the Seller, as promptly as possible after the Closing upon a determination of the components of the Net Working Capital Liabilities, and deducting same from the Net Trade Accounts Receivable and Acquired Cash.
Notwithstanding the foregoing, for the purposes of the Acquired Cash Adjustment and Working Capital Adjustment and prorations contemplated hereby, the Closing shall be deemed to occur at the Transfer Time.
Seller and Buyer shall bear their own expenses in the preparation and review of the Closing Balance Sheet, Working Capital Statement and Final Acquired Cash Statement.
If Seller does not provide such notice of disagreement within such twenty (20) Business Day period, Seller shall be deemed to have accepted the Final Acquired Cash Statement, Closing Balance Sheet and the Working Capital Statement and the determination of the Closing Date Working Capital delivered by Buyer and such determination shall be final, binding and conclusive for purposes of this Agreement.