Closing Cash definition

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 has the meaning set forth in Section 2.11(a).

Closing Cash means the aggregate amount of all Cash and Cash Equivalents of the Group Companies as of the Adjustment Time.

Examples of Closing Cash in a sentence

• Closing Net Working Capital, Closing Indebtedness and Closing Cash shall be calculated in accordance with the Applicable Accounting Principles.

• Seller further agrees that any and all cash proceeds she receives from the sale of such Shares to Buyer’s assignee shall reduce the amount of, and be applied against, the Closing Cash Payment payable by Buyer hereunder.

• At the Closing, the Sellers will provide the Buyer with certain credits against the Closing Cash Payment relating to certain Transferred Assets or the Business as described in Section 5.18(b) of the Disclosure Schedule or as may be mutually agreed to by the Buyer and the Sellers in writing after the date hereof but prior to the Closing.

• Buyer shall have the opportunity to review all materials and information used by Seller in preparing such estimate, the Estimated Closing Cash Amount and the Estimated Closing Indebtedness Amount, and Seller shall make available such personnel as are reasonably necessary to assist Buyer in its review of the foregoing.

• If the Closing Date Statement indicates an Estimated Closing Cash Amount of greater than zero, the Closing Consideration Amount shall be increased by the amount of such excess.

More Definitions of Closing Cash

Closing Cash means the aggregate amount of Cash as of 12:01 a.m. prevailing Eastern Time on the Closing Date.

Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

Closing Cash has the meaning set forth in Section 1.3(a).

Closing Cash means the Cash and Cash Equivalents as of immediately prior to the Closing.

Closing Cash means Cash as of the Measurement Time.

Closing Cash means the cash and cash equivalents of the Company as of 12:01 a.m. Pacific Time on the Closing Date, determined in a manner consistent with prior practice of the Company, but without giving effect to the Transaction. Notwithstanding the previous sentence, cash on hand will (i) be calculated net of uncleared checks and drafts issued by the Company (to the extent a corresponding amount has been released from accounts payable), and (ii) include uncleared checks and drafts received or deposited for the account of the Company.

Closing Cash means the Cash of the Acquired Companies immediately prior to the Effective Time.