Cash Closing definition

Cash Closing has the meaning specified Section 6(c) hereof.

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Cash Closing shall have the meaning set forth in Section 2.2(a) hereof.

Cash Closing shall have the meaning specified in Section 2A.4 of the Agreement.

Examples of Cash Closing in a sentence

• The accounts included in the Closing Statement, including the Closing Net Working Capital Amount, Closing Cash, Closing Indebtedness, Transaction Expenses and the Purchase Price, shall be prepared in accordance with the definitions herein and the Accounting Principles.

• The amount of the Estimated Closing Cage Cash Overage (if any) determined to be due and owing to Sellers pursuant to the Estimated Cage Cash Closing Statement shall be paid by Buyer at the Closing pursuant to Section 2.01.

• Sellers and the Company shall have delivered executed copies of the Ancillary Agreements and other closing deliverables described in Article III and Article IV to be delivered by them (including the Estimated Closing Statement and Estimated Cage Cash Closing Statement).

• If Parent fails to respond to Buyer within such thirty (30) day period, Parent shall be deemed to have irrevocably accepted and agreed to the Closing Statement, including the calculation of Closing Working Capital, Closing Cash, Closing Indebtedness, and Closing Net Intercompany Receivable or Closing Net Intercompany Payable, as applicable, as set forth therein.

• The amount of the Estimated Closing Cage Cash Shortage (if any) determined to be due and owing to Buyer pursuant to the Estimated Cage Cash Closing Statement shall reduce the Closing Payment payable to Sellers at the Closing pursuant to Section 2.01.

• The amount of such payment or reduction to the Closing Payment, as applicable, is referred to as the “Estimated Cage Cash Closing Payment”.

• The transfer to the Purchaser of the securities so acquired by the Seller shall occur at the Cash Closing or, subject to the conditions to closing being satisfied, at a later closing or any other date jointly agreed between the Parties.

• Any such amounts determined to be payable pursuant to the Final Cage Cash Closing Statement shall be paid either to Sellers (in the case of a Final Closing Cage Cash Overage) or Buyer (in the case of a Final Closing Cage Cash Shortage) pursuant to Section 3.03(e) (the “Final Cage Cash Closing Payment”).

• If such termination occurs after the valid completion of a closing pursuant to this Agreement (i.e., the Cash Closing, the Share Closing or the Cash Payment Option Closing, as applicable), such closing shall, without prejudice to potential damages, not be unwound, unless the cause of the termination affects the validity or legality of such closing.

• The date on which the Cash Closing occurs is called the “Cash Closing Date”.

More Definitions of Cash Closing

Cash Closing has the meaning set forth in Section 2.3(a)(i).

Cash Closing has the meaning specified in Section 8 hereof.

Cash Closing means the time at which Seller consummates the sale of the Assets to Buyer by transferring the Assets to Buyer in exchange for payment by Buyer of the Purchase Price as set forth in Paragraph 4. Cash Closing shall occur on December 1, 2000, or within ten (10) days of the date Seller obtains its shareholders approval of this Agreement and provides notice of such to Buyer, whichever is later, and which, in any event, shall be no later than March 31, 2001, or at such other time, or at such other place as Buyer and Seller may agree. The Cash Closing shall occur at the offices of ▇▇▇▇▇▇▇▇, Thomson & ▇▇▇▇▇▇, P.C., ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ at a time mutually agreeable among the parties and their counsel.

Cash Closing has the meaning specified in Section 6(d) hereof. “Cash Sale” has the meaning specified in Section 6(d) hereof.