Aggregate Cash definition

Aggregate Cash shall have the meaning set forth in Article 2.1 of this Agreement.

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Aggregate Cash means, as of and including the Option Closing Date, the aggregate amount of unrestricted and freely available cash and cash equivalents held by the Company and its subsidiaries (excluding any restricted cash, pledged accounts, or amounts subject to third-party claims, liens, or other Encumbrances).

Aggregate Cash as of the Amalgamation Effective Time, shall equal (a) Parent Available Cash plus (b) all Group Companies Cash.

Examples of Aggregate Cash in a sentence

• On the Closing Date, the Participating Income Funds shall possess, in the aggregate, not less than the Required Aggregate Cash Balance.

• The Company hereby purchases and accepts delivery of the Repurchased Shares in exchange for the payment of the Aggregate Cash Consideration.

• The Company shall deliver to Stockholder the Aggregate Cash Consideration by wire transfer of immediately available funds to an account designated in writing by Stockholder to the Company prior to the Closing.

• Stockholder hereby acknowledges and agrees that receipt of the Aggregate Cash Consideration shall constitute complete satisfaction of all obligations or any other sums due to such Stockholder with respect to the purchase of the Repurchased Shares.

• For greater certainty, the aggregate amount cash paid in consideration for the MAG Shares may exceed the Aggregate Cash Consideration as a result of such rounding.

• In the event the Aggregate Cash Merger Consideration portion of the Exchange Fund shall be insufficient to make the payments contemplated by Section 3.1(b)(i) Parent shall promptly deposit, or cause to be deposited, additional funds with the Paying Agent in an amount that is equal to the deficiency in the amount required to make such payment.

• Following the Effective Time, if not already paid, Parent shall promptly cause the Paying Agent to make, and the Paying Agent shall make, payments of the Aggregate Cash Merger Consideration to the holders of Company Common Stock pursuant to Section 3.1(b).

• The 2021 Aggregate Cash Bonus Amount shall constitute a Parent Retained Employee Liability, and shall be fully satisfied by Parent prior to the Separation Time in such manner as reasonably determined by Parent in good faith.

• Aggregate Cash Advance requests may not exceed your Credit Limit, and individual Cash Advances are limited to the availability under your Elastic Account.

• Following the Separation Time, the Company shall pay the 2021 Cash Bonuses to the SpinCo Participants on behalf of Parent in accordance with the terms of the applicable 2021 Bonus Plans (including terms relating to the timing of payment), to the extent not paid prior to the Separation Time, in an amount no less than the 2021 Aggregate Cash Bonus Amount (which shall be communicated by Parent to the Company prior to the Separation Time).

More Definitions of Aggregate Cash

Aggregate Cash means the sum of the Cash of all Sellers and shall not be less than Three Hundred Forty-Six Thousand Dollars ($346,000.00). "Aggregate Accounts Payable" shall mean the sum of the Accounts Payable of all Sellers and shall not exceed One Hundred Thirty-eight Thousand Dollars ($138,000).

Aggregate Cash means the sum of: (i) the number of Dissenting Shares multiplied by the Merger Consideration Value Per Share (the "Dissenting Shares Cash"), (ii) the amount payable with respect to the Stock Options outstanding at the Effective Time pursuant to Section 1.3(b) ("Option Cash") and (iii) the aggregate amount of the cash portion of the Merger Consideration for the Outstanding New Bank Shares (the "Aggregate Cash Merger Consideration"). If the Average TCF Stock Price is equal to or less than $47.75 and equal to or greater than $43.75, then the aggregate Merger Consideration shall consist of (i) cash equal to the number of Outstanding New Bank Shares multiplied by $12.50, and (ii) a number of shares of TCF Common Stock equal to 0.27869 multiplied by the number of Outstanding New Bank Shares.

Aggregate Cash means the sum of: (i) the number of Dissenting Shares multiplied by the Merger Consideration Value Per Share (the "Dissenting Shares Cash"), (ii) the amount payable with respect to the Stock Options outstanding at the Effective Time pursuant to Section 1.3(b) ("Option Cash") and (iii) the aggregate amount of the cash portion of the Merger Consideration for the Outstanding New Bank Shares (the "Aggregate Cash Merger Consideration"). If the Average TCF Stock Price is equal to or less than $47.75 and equal to or greater than $43.75, then the aggregate Merger Consideration shall consist of (i) cash equal to the number of Outstanding New Bank Shares multiplied by $12.50, and (ii) a number of shares of TCF Common Stock equal to 0.27869 multiplied by the number of Outstanding New Bank Shares. If the Average TCF Stock Price is less than $43.75 or greater than $47.75, TCF shall notify Standard and the Exchange Agent not later than the Effective Time as to the amount of the Aggregate Cash Merger Consideration which shall be part of the Merger Consideration and the balance of the Merger Consideration shall be paid in shares of TCF Common Stock based on the value of such shares at the Average TCF Stock Price; provided, however, the Aggregate Cash shall not be less than 44.5% of the Aggregate Merger Transaction Amount (as defined below) unless the Average TCF Stock Price is greater than $54.00 in which case the Aggregate Cash Merger Consideration shall not be less than $10.76 multiplied by the Outstanding New Bank Shares and, provided further, in no event will the Aggregate Cash less Option Cash exceed the maximum amount permitted without preventing the Merger and the Conversion/Reincorporation from qualifying as a reorganization with the meaning of Section 368(a) of the Code as determined by the tax advisors of TCF and Standard.

Aggregate Cash has the meaning set forth in the definition of “Consolidated Total Net Debt.”