Closing Cash Balances definition

Closing Cash Balances shall have the meaning set forth in Section 1.4(a).
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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 means the Cash Balances reflected on the Closing Balance Sheet.
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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.

  • 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).

  • 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.

  • The current year total net Cash Flows from all Activities in cash and cash equivalents of ₦54,331,821.81 added to cash and cash equivalents of ₦9,951,016.99 at the beginning; and the amount for Certificate of Deposits, summed up to N64,282,838.80 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.

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

  • Any available cash balances -------------------------------------- and prepaid expenses and deposits as of the Closing ("Closing Cash Balances") shall be held in trust by the Surviving Corporation for the benefit of the Shareholders.

  • The Closing Balance Sheet also will set forth the calculation of Closing Tangible Net Book Value, Closing Cash Balances, Closing Debt, and if applicable, the “Closing Purchase Price Adjustment,” which shall mean the amount obtained employing the same methodology as used to determine the Estimated Purchase Price Adjustment, but using Closing Debt, Closing Tangible Net Book Value and Closing Cash amounts rather than Estimated Debt, Estimated Tangible Net Book Value and Estimated Cash amounts.

  • Closing Date Working Capital will exclude Conveyed Entities Closing Cash Balances, with the exception of any Cash Balances retained within Laser Diode Inc.

  • The Surviving Corporation shall be authorized to make payments on behalf of the Company and the Shareholders with respect to any Pre-Closing Liabilities (as defined in Section 5.16) to the extent of the Closing Cash Balances and subject to Section 5.16(c), to extent of the Shareholder Product Receivable (as defined in Section 5.16).

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


More Definitions of Closing Cash Balances

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.
Sample 1
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).
Sample 1
Closing Cash Balances means an amount equal to the value of all of the Company’s unrestricted cash and cash equivalents as of the close of business on the Closing Date; (2) “Closing Debt” means the Company’s Debt as of the Closing of business on the Closing Date (other than Debt paid at Closing pursuant to Section 1.3(a)(ii)); (3) “Closing Working Capital Amount” means an amount equal to the value of all of the Company’s inventory, accounts receivable, prepaid expenses and all other current assets of the Company (exclusive of Closing Cash Balances) less the current liabilities of the Company (including accounts payable, accrued Taxes, accrued expenses and prepaid revenues, including those certain prepaid revenues described on Schedule 1.4(a)(2), and including Company Expenses, other than Company Expenses paid at Closing pursuant to Section 1.3(a)(ii)), in each case as of the close of business on the Closing Date; and (4) “Closing Assets” means an amount equal to the value of all of the Assets less an amount equal to all of the Company’s Liabilities (including Company Expenses, other than Company Expenses paid at Closing pursuant to Section 1.3(a)(ii)), 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 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
Sample 1
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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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 all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • 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 2.6(b).

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

  • Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).

  • Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).

  • 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 a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

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

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target 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 (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • 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 equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

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

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