Cash Shortfall Amount definition

Cash Shortfall Amount means the amount by which the Tax Net Income exceeds the Available Cash Amount of the Trust.

Cash Shortfall Amount has the meaning set out in Section 6(a)(i) of this Part 3;

Cash Shortfall Amount has the meaning set forth in Section 2.1.

Examples of Cash Shortfall Amount in a sentence

• The Closing Cash Payment will reflect a decrease on a dollar-for-dollar basis by the amount of any Cash Shortfall Amount as set forth in the Cash Amount Estimate Certificate.

• The Available Cash Shortfall Amount, if any, shall not exceed $50,000,000.

• The "Initial Per Share Amount" shall be the cash amount that is equal to the quotient of (i) (A) $50,000,000 plus (B) the aggregate exercise prices of all Vested Options less (C) the Cash Shortfall Amount divided by (ii) the number of Fully Diluted Shares.

• The Company shall have received contemporaneously with the Closing, the full amount of the Cash Consideration and, if necessary, the Promissory Note in favor of the Company Stockholder for the Cash Shortfall Amount.

• Occidental will advance portions of the Cash Shortfall Amount upon (A) the written request of the Company made from time to time and (B) submission of reasonably detailed invoices related to any amount requested.

More Definitions of Cash Shortfall Amount

Cash Shortfall Amount means the absolute amount by which the Final Closing Cash is less than the Estimated Closing Cash.

Cash Shortfall Amount means, in the event that the December 31, 2002 Cash Balance is less than the Minimum Cash Balance, an amount equal to (i) the Minimum Cash Balance less (ii) the December 31, 2002 Cash Balance.

Cash Shortfall Amount shall have the meaning set forth in Section 3.09(e).

Cash Shortfall Amount means the amount by which Closing Working Capital plus $2,000,000 exceeds the Company’s and its Subsidiaries’ consolidated cash and cash equivalents balance as of the Closing, as set forth in the Estimated Closing Merger Consideration Certificate;

Cash Shortfall Amount shall have the meaning set forth in Section 5.18(a).

Cash Shortfall Amount means the amount if any, by which Cash Items exceed Cash as of the Closing Date.

Cash Shortfall Amount means an amount equal to Forty-Five Million Canadian Dollars (CAD$45,000,000) minus the total amount of cash and cash equivalents as determined in accordance with IFRS (denominated in Canadian Dollars) held in aggregate by the Sellers and the Remaining Subsidiaries on the day immediately preceding the Closing Date, excluding (i) cash and cash equivalents paid by Loblaws Inc. (“Loblaw”) to Atlas Logistics Ajax Inc. under that certain Outsourcing Agreement, dated December 20, 2007, by and among Loblaw, Atlas Logistics Ajax Inc. and A1988 ehf (f/k/a Hf. Eimskipafelag Islands), as amended by that certain 1st Amendment to Outsourcing Agreement, dated as of April 23, 2009; and (ii) cash and cash equivalents paid by Loblaw to Atlas Logistics Surrey Inc. under that certain Outsourcing Agreement, dated April 24, 2008, by and among Loblaw, Atlas Logistics Surrey Inc. and A1988 ehf (f/k/a Hf. Eimskipafelag Islands). In no event shall the Cash Shortfall Amount be less than $0.