Closing Capital Differential definition

Closing Capital Differential means the positive or negative difference between the SWNB Closing Capital and the Closing Capital Requirement.
Closing Capital Differential means the positive or negative differential between the AB Closing Capital and the Closing Capital Requirement.
Closing Capital Differential means the positive or negative differential between the AB Closing Capital and the Closing Capital Requirement. "Closing Capital Requirement" means $342,937,000, plus the amount of AB Closing Capital attributable to the exercise of AB Options after December 31, 2020, if any. "Compensation Plans" has the meaning assigned to such term in Section 3.1.16(c). "Condition Satisfaction" has the meaning assigned to such term in Section 2.2. "Confidentiality Agreement" means that certain Non-Disclosure Agreement, effective as of February 16, 2021, by and between GBCI and AB. "Continuing Employees" has the meaning assigned to such term in Section 6.2.1. "Covid-19 Action" means any actions that are reasonably necessary or required for a Person or a Person's Subsidiaries to take in connection with events surrounding any public health emergency, epidemic, pandemic, or disease outbreak caused by the Covid-19 virus or any variant or strain thereof. "Covid-19 Relief Acts" means the Coronavirus Aid, Relief and Economic Security Act, the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act and the American Rescue Plan Act of 2021. "Daily Closing Price" for any Trading Day means the daily closing price per share of GBCI Common Stock on the NASDAQ Global Select Market, as reported on the website xxx.xxxxxx.xxx. "Determination Date" means the tenth day immediately preceding the Effective Date. "Disclosure Schedule" has the meaning assigned to such term in Section 3.1. "Effective Date" means the date on which the Effective Time occurs.

Examples of Closing Capital Differential in a sentence

  • If the Closing Capital Differential is a negative number, no special dividend may be paid by SWNB to the SWNB stockholders.


More Definitions of Closing Capital Differential

Closing Capital Differential means the positive or negative difference between the First Company Closing Capital and

Related to Closing Capital Differential

  • Closing Working Capital means: (a) the Current Assets of the Company, less (b) the Current Liabilities of the Company, determined as of the open of business on the Closing Date.

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.