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Actual Cash definition

Actual Cash has the meaning set forth in Section 2.7(a).
Actual Cash means the total cash in the Company Bank Accounts as at the close of the banking day on the Closing Date less the amount of the inter-company loan to be extended from the Purchaser to the Company on the Closing Date, if any.
Actual Cash means the Cash as calculated and determined in accordance with Schedule 7 (Completion Accounts);

Examples of Actual Cash in a sentence

  • Coverage shall include Garage Liability and Garage Keepers on a Direct Primary Basis, including Auto Physical Damage, with limits of not less than $1,000,000 each accident Bodily Injury and Property Damage combined liability and Actual Cash Value auto physical damage.

  • If You do not have collectible physical damage insurance on the Date of Loss, it is Your responsibility to advise the GAP Administrator immediately when the Constructive Total Loss is discovered, and GAP Administrator will arrange for an independent inspection or appraisal in order to calculate the Actual Cash Value of the Vehicle immediately prior to the Constructive Total Loss.

  • This policy provides three methods of settling losses: Replacement Cost, Special Loss Settlement, and Actual Cash Value.

  • This condition does not apply to any property to which Actual Cash Value applies.

  • Actual Cash Value will take into account the cost of replacement, less any depreciation or obsolescence.


More Definitions of Actual Cash

Actual Cash means, in relation to the JVCo Group, the amount stated in line 01 of the balance sheet included in the Closing Financial Statements, and which shall include, without limitation, the aggregate of its cash or cash equivalents in hand or credited to any account with any banking, financial, acceptance credit, lending or other similar institution or organization, including all unpaid interest accrued thereon.
Actual Cash means the sum of Celsus cash available at the date of this agreement in actual (unrestricted and restricted) cash in bank and on hand less Unpaid Payables;
Actual Cash means with respect to each Target Group Company its cash in hand and at bank as stated in that company’s books and records in each case as at the Effective Time calculated and determined in accordance with Schedule 5.
Actual Cash means the difference between (i) the consolidated cash and liquid investments of the Transferred Entities as of the Closing and (ii) the consolidated Indebtedness of the Transferred Entities as of the Closing.
Actual Cash. “Actual Indebtedness”, “Actual Transaction Expenses” and “Actual Working Capital” respectively, for all purposes herein.
Actual Cash means the Cash as at the Effective Time, as set out in the Completion Accounts;
Actual Cash has the meaning set forth in Section 3.3(c)(iv).