Examples of Closing Cash in a sentence

Payment of the Closing Payment, less the Indemnity Holdback Closing Cash, to Sellers by wire transfer of immediately available funds to an account designated by Sellers (which account shall be so designated by Sellers in writing to Buyer not later than two (2) Business Days prior to the Closing Date).
The Closing Cash Consideration and any other payment under this Agreement will be paid free and clear of, and without deduction or withholding for, any Taxes, unless such deduction or withholding is required under applicable Law.
If Buyer determines that any amount of the Closing Cash Consideration, or any other payment under this Agreement, is subject to deduction or withholding for Taxes, Buyer shall use commercially reasonable efforts to promptly notify Seller in writing of such determination.
The Closing Cash shall be paid at the Closing by wire transfer in the amounts and to the accounts of the Member Representative and the Company’s broker specified on Exhibit 3.2 (the “Payment Schedule”) on behalf of the Members.
The Members hereby acknowledge and agree that the payment of the Closing Cash as set forth on the Payment Schedule shall fully satisfy the Purchaser’s obligations hereunder with respect to the payment of the Closing Cash.

More Definitions of Closing Cash

Closing Cash means the aggregate Cash of the Companies and their Subsidiaries as of 12:01 a.m. Central Time on the Closing Date.

Closing Cash means all cash, cash equivalents and marketable securities of the Company as of the Closing (including checks and deposits in transit), before giving effect to the transactions contemplated hereby, determined on a consolidated basis in accordance with GAAP applied consistently with the principles utilized in preparing the audited balance sheet as of December 31, 2004 and the Latest Balance Sheet.

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

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

Closing Cash means the cash and cash equivalents of the Group Companies as of 11:59 p.m. on the Closing Date, determined in accordance with GAAP, but without giving effect to the transaction contemplated hereby and excluding any restricted cash or cash equivalents (other than cash deposits related to the Company’s credit card programs, which are currently estimated to be approximately $100,000).

Closing Cash means (i) the actual aggregate cash and cash equivalents on hand of the Target Companies as of the close of business on the Closing Date, determined in accordance with GAAP plus (ii) the Aggregate Cash Out Amount;