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 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.

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.

  • The Unaudited Closing Date Balance Sheet will include a determination of the Closing Cash Balance and the Closing Term Debt as of the close of business of TMMPT on the Closing Date.

  • The Closing Cash Balance reflected in the Cash Balance Statement, as revised to reflect the resolution of any and all disputes by Parent and Seller and/or the Independent Accounting Firm, shall be deemed to be the Closing Cash Balance.

  • Teachers and staff are encouraged to provide articles for the newsletter and they can be submitted to Mrs.

  • The Estimated Closing Balance Sheet, the Estimated Closing Date Net Working Capital, the Estimated Closing Cash Balance, the Estimated Company Debt, the Estimated Selling Expenses and the Estimated Closing Taxes Payable set forth in the Estimated Closing Date Statement will be prepared in accordance with the principles set forth on Exhibit B (the “Accounting Principles”).


More Definitions of Closing Cash Balance

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.
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).
Closing Cash Balance has the meaning set forth in Section 5.12.
Closing Cash Balance means the cash and cash equivalents of the Company and the Company Subsidiaries as of the Closing, which (a) shall exclude any restricted cash other than the restricted cash items set forth in Section 1.1(d) of the Disclosure Schedule and (b) shall include any receivables due and payable to the Company from Buyer or its Affiliates that are in excess of thirty (30) days past the applicable invoice date.
Closing Cash Balance shall have the meaning set forth in Section 3.3.
Closing Cash Balance means the amount of all Cash that is held by the Company or any of its Subsidiaries other than PlasChem (determined in accordance with GAAP and consistent with past practice) as of 12:01 a.m. in each local jurisdiction of such Person on the Closing Date, a good faith calculation of which amount shall be included in the schedule delivered to Parent pursuant to Section 2.4(b) and in the Adjustment Schedule. Any Cash denominated in currencies other than the U.S. Dollar shall be valued in U.S. Dollars utilizing the applicable mid-market exchange rates published by the Wall Street Journal as of the last Business Day prior to the relevant date of determination.
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.