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 has the meaning set forth in Section 2.02(a).

Examples of Cash at Closing in a sentence

  • At or prior to the Closing, Xxxxxxxx may extract Cash at Closing of the SGK Entities from the SGK Entities (including through cash sweeps, dividend payments, distributions, Tax distributions, share redemptions, recapitalizations, and the settling of intercompany loans accounts) so long as the SGK Entities hold at least the SGK Minimum Cash Amount at Closing.

  • At or prior to the Closing, Logo may extract Cash at Closing of the SGS Entities from the SGS Entities (including through cash sweeps, dividend payments, distributions, Tax distributions, share redemptions, recapitalizations, the settling of intercompany loans accounts and payments on the Logo Credit Facility) so long as the SGS Entities hold at least the SGS Minimum Cash Amount at Closing.


More Definitions of Cash at Closing

Cash at Closing. At closing, Buyer shall pay the purchase price to Seller in cash, or its equivalent. Buyer's obligations to close shall not be contingent upon Buyer's ability to obtain financing. Buyer shall pay all closing costs.
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 shall have the meaning given that term in Section 4.1.
Cash at Closing means the amount of the cash and short term deposits of the Company, as reflected on the consolidated balance sheet of the Company which forms part of the Closing Date Financial Statements;
Cash at Closing shall have the meaning ascribed to such term in Section 1.3(a) hereof.
Cash at Closing means the amount obtained by adding together: