Cash at Closing definition

Cash at Closing means an amount in cash or cash equivalents equal to or exceeding the total liabilities of Parent, on a consolidated basis, including the assets and liabilities of all subsidiaries, except with regard to the Carryover Notes, immediately preceding the Merger.
Cash at Closing. Seller shall receive funds at closing.
Cash at Closing. At closing, Buyer shall pay the purchase price to Seller in cash, or its equivalent. Buyer's obligation to close shall not be contingent upon Buyer's ability to obtain financing. Buyer shall pay all closing costs. [_] B. LOAN TO BE ASSUMED, see Exhibit "N/A ." -------- [_]

Examples of Cash at Closing in a sentence

  • The parties agree to the following sales price: Amount Amount Purchase Price $ ▇▇▇▇▇▇▇ Money $ New Loan $ Assumption of Loan $ Seller Financing $ Cash at Closing $ Total ( both columns should be equal) $ $ Both columns should be an equal amount.

  • Cash at Closing shall be increased or decreased as may be required by prorations to be made through day prior to Closing.

  • Cash at Closing shall be increased or decreased as may be required 477 by prorations to be made through day prior to Closing.

  • If the Cash at Closing is less than as set forth in § 4.1 of this Contract, Seller has the Right to Terminate under 190 § 25.1, on or before Closing.

  • All amounts payable by the parties at Closing, including any loan proceeds, Cash at Closing 120 and closing costs, must be in funds that comply with all applicable Colorado laws, including electronic transfer funds, certified 121 check, savings and loan teller’s check and cashier’s check (Good Funds).


More Definitions of Cash at Closing

Cash at Closing shall have the meaning set forth in Section 2.2(a)(i).
Cash at Closing means the aggregate of all cash and cash equivalents (including cash on hand and deposits in transit), in each case maturing less than 30 days after the Closing Date of the SGK Entities or SGS Entities, as applicable, and in the case of (i) SGK, after giving effect to the SGK Restructuring and the transfers made pursuant to the applicable Local Transfer Agreements and (ii) SGS, after giving effect to the SGS Restructuring and the transfers made pursuant to the applicable Local Transfer Agreements, and calculated in accordance with the Accounting Principles. Cash at Closing shall be reduced for any outstanding checks, wires, ACH payments to the extent excluded from current liabilities in Working Capital and shall be increased for any deposits-in-transit to the extent excluded from current assets in Working Capital. Cash at Closing shall exclude cash security deposits made or held by the SGK Entities or SGS Entities, cash collateralizing any obligation or cash in reserve or escrow accounts.
Cash at Closing. This is an all cash transaction with no contingency for mortgage loan financing. Buyer shall pay the purchase price in cash to Seller at closing.
Cash at Closing shall have the meaning given that term in Section 4.1.
Cash at Closing means all cash or cash equivalents held by the Corporation at the Closing Time, excluding Restricted Cash.
Cash at Closing means the amount obtained by adding together:
Cash at Closing shall have the meaning ascribed to such term in Section 1.3(a) hereof.