Closing Cash Contribution definition

Closing Cash Contribution has the meaning ascribed to such term in Section 2.1(b)(ii).

Closing Cash Contribution means the Closing Payment and any amounts payable pursuant to Section 1.7 and any fees and expenses incurred by Parent and Purchasers in connection with the transactions contemplated by this Agreement, in each case, to the extent not funded from the proceeds of the Financing or the existing revolver on the date hereof.

Closing Cash Contribution means a cash contribution from Oak Valley to the Oak Valley Subsidiaries in an amount equal to the Oak Valley Capital Call, less the cash portion of the purchase price paid by Oak Valley prior to Closing in connection with any Oak Valley Interim Cash Acquisition or Oak Valley Interim Cash-Stock Acquisition permitted pursuant to Section 5.2(b).

Examples of Closing Cash Contribution in a sentence

• If the Parties cannot agree on the Preliminary Settlement Statement prior to the Closing, the Preliminary Settlement Statement as presented by EXCO will be used to adjust the Closing Cash Contribution at Closing.

• The Closing Cash Contribution shall have been contributed to the Acquired Company, which Closing Cash Contribution shall be retained and available to the Acquired Company as of the Closing.

• The Deposit shall be applied toward the Closing Cash Contribution at the Closing.

• The Closing Cash Contribution shall be adjusted as follows, and the resulting amount shall be herein called the “Adjusted Closing Cash Contribution”.

• When available, actual figures will be used for the adjustments to the Closing Cash Contribution at the Closing.

• PSXP has, or will have at Closing, sufficient cash, available lines of credit or other sources of immediately available funds to enable PSXP to fund the Estimated PSXP Closing Cash Contribution and its other obligations as of Closing under the Transaction Documents.

• Nothing herein shall operate to cause the Closing to be delayed on account of any arbitration hereunder and to the extent any adjustments are not agreed upon by the Parties as of the Closing, the Closing Cash Contribution shall not be adjusted therefor as of the Closing and subsequent adjustments thereto, if any, will be made pursuant to Section 3.5, Section 3.6 or this Section 12.1.

• If the Parties cannot agree on the Preliminary Closing Adjustment Statement prior to the Closing, the Preliminary Closing Adjustment Statement as presented by HS will be used to adjust the Closing Cash Contribution at Closing.

• A final settlement statement (the “Final Settlement Statement”) will be prepared by EXCO, based on actual income and expenses during the Interim Period and which takes into account all final adjustments made to the Closing Cash Contribution and shows the resulting final Closing Cash Contribution (the “Final Cash Amount”), and is delivered to BG on or before 120 days after Closing.

• EXCO and BG agree that the portion of the Closing Cash Contribution, as adjusted, treated for federal tax purposes as consideration for a sale transaction (collectively, the “Allocable Amount”) shall be allocated among the various Subject Assets for federal and state income tax purposes.

More Definitions of Closing Cash Contribution

Closing Cash Contribution means $200,000.

Closing Cash Contribution shall have the meaning set forth on Schedule 1.1.

Closing Cash Contribution means an amount equal to (a) fifty percent (50%) of the Eligible Project Costs as of the Closing less (b) the Initial Discount Amount and (c) (i) plus fifty percent (50%) of the Working Capital Adjustment Amount, if such amount is greater than $0 and (ii) minus fifty percent (50%) of the absolute value of the Working Capital Adjustment Amount, if such amount is less than $0; provided, however, if the Closing occurs on or after January 1, 2025, the “Closing Cash Contribution” shall be reduced by an amount equal to the Project Net Revenue Amount. Attached as Exhibit D is a sample calculation of the Closing Cash Contribution.