Adjusted Cash means the amount of unrestricted cash after giving effect to unrealized gains and losses under (and as determined by) any currency Swap Contracts in place at the time of determination (but only with respect to the then-elapsed portion of the current monthly or quarterly (as applicable under the relevant Swap Contract) calculation period thereunder).
Adjusted Cash means, as of any date, the lesser of (a) the amount by which cash and short-term investments of the Company and its Subsidiaries exceed $5,000,000 and (b) the amount, if any, by which (i) current assets of the Company and its Subsidiaries exceed (ii) current liabilities of such Persons (excluding the aggregate outstanding principal amount of Indebtedness included in such current liabilities), in each case determined on a consolidated basis as of such date. If such current liabilities exceed such current assets, Adjusted Cash shall be zero.
Adjusted Cash means, at any particular time, the aggregate Cash and Cash Equivalents of the Borrower calculated on a consolidated basis less the aggregate of all cash and Cash Equivalents owned by the Excluded Subsidiaries at such time.
Examples of Adjusted Cash in a sentence
At the Closing, Buyer shall pay or cause to be paid to Seller, by bank wire transfer of immediately available funds to an account designated in writing by Seller, an amount equal to the Purchase Price minus the Deposit; provided, however, that a portion of the Purchase Price equal to the Estimated Adjusted Cash Amount will not be paid at Closing and will be retained by Buyer.
If the Buyer and the Seller are able to resolve all Disputed Items, the Closing Statement and the calculation of the Final Cash, Final Indebtedness, Final Accounts Receivable, Final Accounts Payable, Final AR Shortfall and Final Adjusted Cash Amount set forth therein, as modified by such resolutions, will be deemed final, non-appealable and binding among the Parties for all purposes of this Agreement.
More Definitions of Adjusted Cash
Adjusted Cash means (a) the amount of Cash of the Business Subsidiaries minus (b) the excess, if any, of the amount of Foreign Cash over $250,000,000.
Adjusted Cash means, as of a specified date, without duplication, (i) all consolidated cash and cash equivalents (whether in hand or credited to any account with any banking, financial, lending or other similar institution or organization) of the Company and BDDG determined in accordance with relevant GAAP, minus (ii) the BDDG Debt Service Reserve Balance.
Adjusted Cash means the cash as shown on the Year End Balance Sheet net of the sum of any amount described in clause (z) above.
Adjusted Cash has the meaning specified in section 7.2.6.1;
Adjusted Cash has the meaning given in SUB-CLAUSE 5(A) (Working CONSIDERATION" Capital and Variable Intra-Group Debt Adjustments);
Adjusted Cash means, as of any date, Cash adjusted by (x) deducting ------------- therefrom (but only to the extent not already taken into account in determining Cash as of such date) an amount equal to the sum of (i)(A) all costs and expenses incurred by the Company or its Subsidiaries in connection with the negotiation or documentation of this Agreement and the effectuation of the Merger due to the Financial Advisor, the Company's legal counsel and accountants and (B) all fees and expenses incurred by the Company in connection with the preparation, printing, filing and mailing of the Proxy Statement and the holding of the Company Stockholder Meeting (collectively, the "Transaction Fees"), (ii) ---------------- the transaction-related payments to be made by the Company to certain executives as specified in Section 7.2(e) of the Disclosure Letter, (iii) the premium paid or payable by the Company or its Subsidiaries in respect of the Tail Policy (as defined in Section 8.2), and (iv) all amounts in the Special Cash Account and (y) adding thereto (but only to the extent already taken into account in determining Cash as of such date) an amount equal to the sum of (i) the amount, if any, by which Transaction Fees exceed $1,500,000 if, but only if, an Extraordinary Event (as defined in Section 7.2(f)) has occurred and the Purchaser has consented to the incurrence of additional Transaction Fees, (ii) the amount, if any, by which the premium paid or payable by the Company or its Subsidiaries in respect of the Tail Policy exceeds $720,000 and (iii) the costs associated with severance arrangements for personnel other than Xxxxxxx Xxxx or Xxxx Xxxxxx.
Adjusted Cash means, as of any date of determination, an amount equal to (x) the cash and Cash Equivalents of the Loan Parties as of such date, solely to the extent that such cash and Cash Equivalents are, on the date of determination, subject to effective Deposit Account Control Agreements in favor of Administrative Agent, plus (y) the actual cash investment for the acquisition of Equity Interests in any Person (other than a Person that is a Subsidiary as of the Seventh Amendment Effective Date) by any Loan Party after the Seventh Amendment Date, as of such date, up to an amount in the aggregate not to exceed $5,000,000.”