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 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 usual and customary closing costs. / / B. WHERE LOAN IS TO BE ASSUMED, see Exhibit "_____" attached hereto and by reference made a part hereof.

Examples of Cash at Closing in a sentence

• The parties agree to the following sales price: Amount Amount Purchase Price $ Xxxxxxx 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. 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 (i) Twenty Seven Million Five Hundred Thousand Dollars ($27,500,000) in cash or cash equivalents plus (ii) the ante5 Note.

Cash at Closing means all cash or cash equivalents held by the Corporation at the Closing Time, excluding Restricted Cash.

Cash at Closing means an amount in cash or cash equivalents equal to the total liabilities of MCT Holding immediately preceding the Merger.

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;