Aggregate Closing Cash definition

Aggregate Closing Cash means the sum of the cash, cash equivalents and marketable securities of the Company as of the date of this Agreement.

Aggregate Closing Cash has the meaning set forth in the definition of “Closing NWC/Cash”.

Aggregate Closing Cash means $32,400,000 less the sum of the EOP Reduction Amount and EOC Reduction Amount.

Examples of Aggregate Closing Cash in a sentence

• The Aggregate Closing Cash Consideration and Debenture shall be distributed to the Stockholders in accordance with Schedule 3.2 attached hereto.

• The Aggregate Closing Cash Consideration, the Guaranteed Future Payment Amount and the Earn Out Future Payment Amount, if any, and any other payment made to CA and KL under this Agreement on account of their respective ownership of the Class X Special Shares and the Common Shares shall be paid to CA and KL in proportion to the CA Allocation and the KL Allocation, respectively.

• Not later than forty-five (45) days following the date of this Agreement (the “Deadline”), Buyer shall have obtained an executed commitment letter from a Financing Source for debt financing, in form and substance reasonably satisfactory to Seller (the “Debt Financing Commitment Letter”) that, when taken together with cash on hand and other sources and uses of Buyer, is at least equal to the Aggregate Closing Cash Consideration (the “Debt Financing”).

• If the transaction described in this Agreement is consummated, the Deposit will be applied against the Aggregate Closing Cash Consideration pursuant to Section 1.02 below.

• Buyer has, and as of the Closing, will have readily available funds that are sufficient to effect the Closing and pay the Aggregate Closing Cash Consideration Amount and the other amounts set forth in Section 2.3 on the terms contemplated herein.

• Any payments made pursuant to Section 2.6 shall constitute an adjustment of the Aggregate Closing Cash Consideration Amount for Tax purposes and shall be treated as such by the Parties on their Tax Returns to the extent permitted by Law.

• The parties shall instruct the Accounting Firm to make a final determination (the “Final Determination”) of the Closing Balance Sheet and the related calculation of Net Working Capital and Aggregate Closing Cash Consideration in accordance with the guidelines and procedures set forth in this Agreement.

• Buyer’s failure to exercise in writing either of its rights described in the foregoing clauses (i) and (ii) of this Section 6.10(d) in the time provided shall be deemed to be Buyer’s intent to exercise its right in clause (i) of this Section 6.10(d) to waive the Title Objections and proceed to Closing without reduction of the Aggregate Closing Cash Consideration.

• While the Company seeks to minimize its credit risk related to utility operations by requiring security deposits for new customers, certain customer accounts are ultimately not collected.

• Any payment of the Estimated Aggregate Closing Cash Consideration will be made by wire transfer of immediately available funds on the Closing Date in the amounts and to the accounts specified by Seller to Buyer at least two (2) Business Days prior to the Closing.

More Definitions of Aggregate Closing Cash

Aggregate Closing Cash means the sum of the cash, cash equivalents and marketable securities of the Company as of the date of this Agreement. “Aggregate Negative Adjustment Amount” means the sum of (a) the Closing Indebtedness plus (b) the Closing Transaction Expenses, eachexpressed as an absolute value.