Closing Cash Balance definition

Closing Cash Balance means the Cash of the Company as of the Closing Date.

Closing Cash Balance means the positive or negative value equal to total cash and cash equivalents less the Closing Cash Target.

Closing Cash Balance means $40,000,000 plus the cumulative Operational Cash Flow Adjustment for the period from January 3, 2004 through the Closing Date.

Examples of Closing Cash Balance in a sentence

• On the Effective Date, Company shall, (i) have established a fully funded cash reserve for Exit Costs and (ii) in addition, have a cash balance, after giving effect to payment of the Consideration, in an amount equal to the Closing Cash Balance plus Retained Cash.

• For the purposes of this Section 5.16: “Estimated Adjustment Amounts” means the Closing Tangible Equity Balance and the Closing Cash Balance, in each case as determined pursuant to Section 5.16(a).

• In addition, any cash assets of the Company that are in excess of the Closing Cash Balance (as defined below), together with an amount of cash equal to those pre-paid expenses identified on Section 5.7 of the Company Disclosure Schedule (collectively with the amounts in the immediately preceding sentence, the “Additional Amounts”), shall be remitted to the Members, after being applied to any shortfall in the prior sentence, if any.

More Definitions of Closing Cash Balance

Closing Cash Balance means the sum of the amount of all Cash that is held by the Company or any of its Subsidiaries as of 12:01 a.m. Eastern Time on the Closing Date.

Closing Cash Balance shall have the meaning set forth in Section 3.3.

Closing Cash Balance has the meaning set forth in Section 2.02(b).

Closing Cash Balance means the amount of all Cash that is held by the Acquired Companies as at the Reference Time, as determined in accordance with Section 2.09.

Closing Cash Balance means the amount of all Cash that is held by the Acquired Companies as at the close of business on the Business Day immediately preceding the Closing Date.

Closing Cash Balance means the consolidated Cash of RSP and RSP-TW immediately prior to the Closing. “Closing Cash Balance” does not include the Cash used for (i) the purchase of the RSP-TW Target Shares by RSP from QVC, (ii) any purchases of Intellectual Property and tangible assets by RSP or RSP-TW from the applicable Sellers or their Affiliates pursuant to Section 5.9 or (iii) the payment of any license fee by RSP prior to Closing to a Seller related to any Ancillary Agreement or the Transactions.

Closing Cash Balance means the amount of Cash held by the Company and the Company Subsidiary as of immediately prior to the Closing (but after giving effect to any payment by the Company at the Closing of (i) any Indebtedness of the Company as contemplated by Section 3.01(e), (ii) any Sale Bonus and (iii) any Closing Expenses).