Closing Cash Balances definition

Closing Cash Balances means the consolidated Cash Balances of the Group Companies as of Closing, calculated on the basis of the Closing Accounts.
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Closing Cash Balances shall have the meaning set forth in Section 1.4(a).
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Closing Cash Balances means an amount equal to the value of all of the Company’s consolidated unrestricted cash and cash equivalents as of the close of business on the Closing Date; (2) “Closing Debt” means the Company’s consolidated Debt as of the Closing of business on the Closing Date; (3) “Closing Working Capital Amount” means an amount equal to the value of all of the Company’s consolidated unrestricted cash and cash equivalents, inventory, accounts receivable, prepaid expenses and all other current assets of the Company less the consolidated current liabilities of the Company (including accounts payable, accrued Taxes, accrued expenses and prepaid revenues, and including Company Expenses, in each case as of the close of business on the Closing Date; and (4) “Closing Net Assets” means an amount equal to the value of all of the consolidated Assets less an amount equal to all of the Company’s consolidated Liabilities (including consolidated Company Expenses, in each case as of the close of business on the Closing Date; as each such capitalized and underscored term in the foregoing clauses (1) through (4) is determined from and set forth with (i) the consolidated balance sheet of the Company as of the close of business on the Closing Date, as finalized pursuant to Section 1.4(c) or Section 1.4(d) (the “Closing Balance Sheet”), or (ii) the Company’s good faith estimate of the Closing Balance Sheet, delivered pursuant to Section 1.4(b) (the “Estimated Closing Balance Sheet”), as applicable.
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Examples of Closing Cash Balances in a sentence

  • The Cash and Cash Equivalents at the end are in agreement to the Closing Cash Balances and Certificates of Deposits.

  • Sources and Uses of Funds Total Opening Balance - Closing Cash Balances Designated Account Project Operating Account Total Closing Balance - Table 2.

  • Beginning and Closing Cash Balances not presented in the Financial Statements Clause no.

  • What, then, of my current limbo state, occupied by so many in today’s corporate university: as both PhD student and casual employee, I sit in the centre of the Venn diagram of the university’s growing labour problem.

  • The Cash and Cash Equivalents at the end are in agreement with the Closing Cash Balances and Certificates of Deposits.

  • The current year total net Cash Flows from all Activities in cash and cash equivalents of N28,006,615.20 added to cash and cash equivalents of ₦22,991,403.45 at the beginning; and the amount for Certificate of Deposits, summed up to N50,998,018.50 being Cash and cash Equivalents at the end.4. The Cash and Cash Equivalents at the end are in agreement to the Closing Cash Balances and Certificates of Deposits.

  • The current year total net Cash Flows from all Activities in cash and cash equivalents of N27,288,045.61 added to cash and cash equivalents of₦13,489,592.30 at the beginning; and the amount for Certificate of Deposits,summed up to N40,777,637.91 being Cash and cash Equivalents at the end.4. The Cash and Cash Equivalents at the end are in agreement to the Closing Cash Balances and Certificates of Deposits.


More Definitions of Closing Cash Balances

Closing Cash Balances means an amount equal to all cash and cash equivalents, including all cash paid, to be paid or deemed to be paid by a Buyer or by a Stockholder to SCL for the repayment of the Stockholder Debt Obligations pursuant to Section 1.3(c), and (z) "Closing Long Term Net Assets" means an amount equal to total fixed and other long term assets (excluding goodwill) minus total long term liabilities (excluding Debt), each amount being determined from the final Closing Balance Sheet (as defined in subsection (b) below). Notwithstanding the foregoing *. Any remaining Closing Cash Balances after determination of Debt and application to Closing Working Capital and Closing Long Term Net Assets is referred to as "Excess Cash" and will be added to the Purchase Price pursuant to Section 1.3(a)(i).
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Closing Cash Balances means an amount equal to all cash and cash equivalents, including all cash paid, to be paid or deemed to be paid by a Buyer or by a Stockholder to SCL for the repayment of the Stockholder Debt Obligations pursuant to Section 1.3(c), and (z) "Closing Long Term Net Assets" means an amount equal to total fixed and other long term assets (excluding goodwill) minus total long term liabilities (excluding Debt), each amount being determined from the final Closing Balance Sheet (as defined in subsection (b) below). Notwithstanding the foregoing, (1) any billed accounts receivable of the Companies outstanding more than 180 days from the Closing Date, in excess of any reserve for billed accounts receivable on the Closing Balance Sheet, will be excluded in calculating Closing Working Capital, (2) if after the determination of Debt there is any remaining Closing Cash Balances, such remaining Closing Cash Balances will be added first to Closing Working Capital only to the extent Closing Working Capital is less than * and second to Closing Long Term Net Assets only to the extent Closing Long Term Net Assets is less than *, and (3) after application of any Closing Cash Balances as set forth in the preceding clause (2), any Closing Working Capital in excess of * will be added to Closing Long Term Net Assets only to the extent Closing Long Term Net Assets is less than *. Any remaining Closing Cash Balances after determination of Debt and application to Closing Working Capital and Closing Long Term Net Assets is referred to as "Excess Cash" and will be added to the Purchase Price pursuant to Section 1.3(a)(i).
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Closing Cash Balances means the Cash Balances reflected on the Closing Balance Sheet.
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Related to Closing Cash Balances

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

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

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Cash Balances means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash;

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.5.

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).

  • Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).

  • Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Post-Closing Adjustment Amount has the meaning set forth in Section 2.04(c).

  • Working Capital Deficit means the amount by which the Net Working Capital is less than the Target Net Working Capital.

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • Net Working Capital Adjustment Amount means an amount, which may be a positive or negative number, equal to the Net Working Capital as of the Effective Time minus the Net Working Capital Threshold.

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Closing Date Working Capital has the meaning specified in Section 2.3(b).

  • Cash on Hand means, as of any date, all xxxxx cash, vault cash, teller cash, ATM cash, prepaid postage and cash equivalents held at a Branch.

  • Closing Date Net Working Capital has the meaning specified in Section 3.4(a).