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
Sellers Representation may give a Notice of Disagreement only if (1) assuming all of Sellers Representative’s assertions therein were sustained, the Merger Consideration would be higher than if Sellers Representative had not given such Notice of Disagreement to Buyer and (2) such Notice of Disagreement states Sellers Representative’s determination of Actual Net Working Capital, Actual Cash, Actual Indebtedness and Actual Transaction Expenses.
More Definitions of Actual Cash
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 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. “Actual Indebtedness”, “Actual Transaction Expenses” and “Actual Working Capital” respectively, for all purposes herein.
Actual Cash has the meaning set forth in Section 2.3(d)(i).