Closing Company Cash definition

Closing Company Cash means, as of the Reference Time, the aggregate cash and cash equivalents of the Target Companies on hand or in bank accounts, including deposits in transit, minus the aggregate amount of outstanding and unpaid checks issued by or on behalf of the Target Companies as of such time.

Closing Company Cash means the amount of cash and cash equivalents of the Acquired Companies as of the Effective Time (disregarding any transactions involving the Acquired Companies effected by Purchaser on the Closing Date at or after the Closing and prior to the Effective Time).

Closing Company Cash has the meaning set forth in Section 4.01(d).

Examples of Closing Company Cash in a sentence

• The Estimated Closing Statement will include reasonable detail showing Seller’s calculation of (i) Closing Net Working Capital (and any Net Working Capital Shortfall or Net Working Capital Excess), (ii) Closing Company Cash, (iii) Transaction Expenses unpaid as of the Closing, (iv) Closing Company Indebtedness and (v) Owned Real Property Prorations (and, to the extent applicable, any Owned Real Property Prorations Shortfall or Owned Real Property Prorations Excess).

• The Closing Statement will include reasonable detail showing Xxxxx’s calculations of Closing Net Working Capital, Closing Company Cash, Transaction Expenses, Closing Company Indebtedness and Owned Real Property Prorations.

More Definitions of Closing Company Cash

Closing Company Cash has the meaning set forth in Section 2.04(a).

Closing Company Cash means the combined Cash balances of the Companies, as of the Adjustment Time, plus an amount equal to inbound wires in transit and checks presented by any of the Companies for deposit but not yet credited to deposit accounts and minus an amount equal to outbound wires in transit and checks written by any of the Companies that have not yet been presented for deposit; provided, however, that Closing Company Cash shall exclude (i) any Cash not freely usable because such amounts are subject to restrictions or limitations on use or distribution by Law, Contract or otherwise, and (ii) any amounts collateralizing outstanding letters of credit or performance under Contracts of the Companies.

Closing Company Cash means, as of the Reference Time, the aggregate cash and cash equivalents of the Target Companies on hand or in bank accounts, including deposits in transit; provided, however, Closing Company Cash shall not include Digital Assets.

Closing Company Cash means the amount of Company Cash as set forth in the Company Closing Financial Certificate.

Closing Company Cash means all Company Cash as of the Adjustment Calculation Time.

Closing Company Cash means the actual amount of the Company’s Cash at Closing as reflected on the Closing Balance Sheet. “ Closing Consideration ” has the meaning set forth in Section 1.3 .

Closing Company Cash means the amount of Company Cash as of 12:01 a.m. Eastern Time on the Closing Date.