Closing Cash Amount definition

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

Closing Cash Amount has the meaning set forth in Section 4.03(c).

Closing Cash Amount means the aggregate amount of cash and cash equivalents held by the Acquired Companies as of the close of business on the Closing Date, excluding Trapped Cash; provided, however, that in no event will Closing Cash Amount include amounts included in Closing Working Capital Assets.

Examples of Closing Cash Amount in a sentence

• 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.

• If you elect Incentive Election #2, you will receive an amount equal to the Closing Cash Amount within two business days after the Closing.

• For the avoidance of doubt, the Closing Cash Amount excludes cash and cash equivalents (if any) contributed or paid by Brookfield and its Affiliates.

• If the Stockholders’ Agent does not deliver to Parent a Dispute Notice (as defined below) as set forth in Section 2.4(b)(iii) below, then the Balance Sheet Report shall be deemed final and binding and neither the Stockholders’ Agent nor the Holders shall have any further right to contest the report, the computation of the Closing Cash Amount, the Working Capital Amount or the MDA Liabilities.

More Definitions of Closing Cash Amount

Closing Cash Amount shall have the meaning set forth in Section 3.1.

Closing Cash Amount means all unrestricted cash on hand and cash equivalents of the Company that are immediately convertible into cash in accordance with GAAP calculated as of the Calculation Date. For purposes hereof, “Closing Cash Amount” shall be reduced by the aggregate balance of all outstanding checks as of the Calculation Date.

Closing Cash Amount means, as of the Determination Time, the amount of Cash of the Companies.

Closing Cash Amount is defined in Section 1.2(a)(i).

Closing Cash Amount means the aggregate amount of unrestricted cash and cash equivalents of the Company as of immediately following the First Effective Time, determined in accordance with GAAP applied in a manner consistent with past practices and on a consistent basis on which the Financial Statements were prepared.

Closing Cash Amount means all Cash held in the accounts of the Transferred Entities as of 11:59 p.m. Eastern Time on the Closing Date. The Closing Cash Amount shall be (x) reduced by the amount of any checks issued by a Transferred Entity on or before the Closing whether or not any such checks remain in the possession of a Transferred Entity on or before the Closing (with a corresponding adjustment to current liabilities, if any); (y) increased by the amount of any checks or wire transfers received by a Transferred Entity on or before the Closing whether or not they have been deposited or have cleared any bank holding procedures (with a corresponding adjustment to current assets, if any), provided such amounts have not already been reflected in the accounts of the Transferred Entities; and (z) adjusted to reflect the settlement of all intercompany accounts pursuant to Section 5.7.

Closing Cash Amount means the aggregate amount of outstanding Cash as of the Effective Time.