Closing Date Cash Balance definition

Closing Date Cash Balance means the sum of all cash and cash equivalents as defined by GAAP held by the Companies as of the close of business, Los Angeles, California time, one Business Day prior to the Closing Date.
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Closing Date Cash Balance means the amount of Target’s Cash as of the Closing.
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Closing Date Cash Balance means the aggregate amount as of the Closing Date of cash and cash equivalents of Corlieve, as determined in accordance with French GAAP.
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Examples of Closing Date Cash Balance in a sentence

  • Buyer shall pay to the Shareholders, in accordance with their Pro Rata Portions, an amount equal to (A) Twenty Million Dollars ($20,000,000), (B) minus the Closing Date Debt, and (C) minus the amount of any Company Transaction Expenses that have not been paid prior to the determination of the Closing Date Cash Balance.

  • The aggregate “Purchase Price” shall be equal to (A) Twenty-Five Million Dollars ($25,000,000), (B) minus the Closing Date Debt, (C) minus the amount of any Company Transaction Expenses that have not been paid prior to the determination of the Closing Date Cash Balance and (D) minus the Employee Payment.

  • Notwithstanding anything herein to the contrary, the Basket and minimum individual Losses set forth herein shall not apply to Losses related to Sections 8.2(iii), 8.2(iv), 8.2(v), 8.2(vi), 8.2(vii) or 8.2(viii), or any inaccuracy in the Closing Date Cash Balance Statement.

  • The Independent Accounting Firm shall make a written determination as to each issue remaining in dispute and the amount of the Company's Closing Date Working Capital and Closing Date Cash Balance and the effect thereof on the calculation of the Purchase Price, which determination shall be final and binding on the parties for all purposes hereunder.

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  • Seller shall deliver the Closing Date Cash Balance Statement pursuant to Section 5.5 hereof.

  • If the Seller delivers cash at Closing to Purchaser as provided in the Closing Date Cash Balance and Indebtedness Statement that is less than the Target Cash Balance, the Transaction Consideration will be decreased by the amount of such shortfall, and such shortfall amount shall be deducted from the WEYL Stock Holdback Amount.

  • If the Stockholder Representative does not notify the Purchaser of any such dispute within such 30-day period, then (i) the Preliminary Closing Balance Sheet and the Preliminary Working Capital Schedule shall be deemed to be the Final Closing Balance Sheet and Final Working Capital Schedule and (ii) the Purchaser’s calculation of the Net Working Capital and the Closing Date Cash Balance shall be deemed to be the Final Working Capital and the Final Closing Date Cash Balance, respectively.

  • The Company shall deliver the Closing Date Cash Balance Statement pursuant to Section 5.6 hereof.

  • Each of the agreements listed on Exhibit I hereto shall have been terminated and all costs, fees and expenses of the Company and its Subsidiaries incurred in connection therewith and not paid prior to the determination of the Closing Date Cash Balance shall be included in the determination of Company Transaction Expenses to be deducted from the Cash Purchase Price on the Closing Date.


More Definitions of Closing Date Cash Balance

Closing Date Cash Balance means the sum of all cash and cash equivalents of Cilion and any Cilion Subsidiary as of the Closing less the Securityholders’ Representative Fund, as reflected on the Closing Payment Schedule (as updated by Cilion as of the Closing).
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Closing Date Cash Balance is defined in Section 1.5(a).
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Closing Date Cash Balance means the cash and cash equivalents as set forth on the consolidated general ledger of the Company and each Company Subsidiary (which includes a reconciliation for issued and outstanding checks and deposits in transit) as of the close of business on December 31, 2004 minus (i) the "Drafts Payable" (such amount being calculated consistent with past practice and, for reference purposes, which amount as of June 30, 2004 is reflected on Exhibit 3.4(a) as $16,329,594), minus (ii) all duties, fees, taxes, interest or similar amounts held by the Company or any Company Subsidiary (whether in dedicated accounts or otherwise) for the benefit of a Third Person (which for these purposes shall include the Company or a Company Subsidiary when it acts as an "importer of record" as the term is defined in 19 U.S.C. Section 1484) for remittance to a Governmental Entity for customs matters (e.g., amounts held for remittance to Customs) that have not yet been remitted to such Governmental Entity, minus (iii) all cash contributed on or after the Closing Date and on or before December 31, 2004 by the Purchaser, Parent or their respective Affiliates (other than the Company or any direct or indirect subsidiary thereof) to any account of the Company or any account or sub-account of the Shareholder held exclusively for the Company, plus (iv) any cash removed on or after the Closing Date and on or before December 31, 2004 by the Purchaser, Parent or their respective Affiliates from any account of the Company, plus (v) any payroll payments for the pay period ending December 25, 2004 that otherwise would have been made in the ordinary course of business on January 4, 2005 that are paid by the Sellers to Transferred Employees on or prior to December 31, 2004 plus (vi) all duties, fees, taxes, interest or similar amounts paid by the Company or any Company Subsidiary (whether in dedicated accounts or otherwise) for the benefit of a Third Person to a Governmental Entity for customs matters (e.g., amounts paid to Customs) that have not yet been collected from such Third Person."
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Closing Date Cash Balance shall have the meaning set forth in Section 7.8(c).
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Closing Date Cash Balance means the cash and cash equivalents as set forth on the consolidated general ledger of the Company and each Company Subsidiary (which includes a reconciliation for issued and outstanding checks and deposits in transit) as of the opening of business on the Closing Date minus (i) the "Drafts Payable" (such amount being calculated consistent with past practice and, for reference purposes, which amount as of June 30, 2004 is reflected on Exhibit 3.4(a) as $16,329,594), minus (ii) all duties, fees, taxes, interest or similar amounts held by the Company or any Company Subsidiary (whether in dedicated accounts or otherwise) for the benefit of a Third Person (which for these purposes shall include the Company or a Company Subsidiary when it acts as an "importer of record" as the term is defined in 19 U.S.C. Section 1484) for remittance to a Governmental Entity for customs matters (e.g., amounts held for remittance to Customs) that have not yet been remitted to such Governmental Entity, plus (iii) all duties, fees, taxes, interest or similar amounts paid by the Company or any Company Subsidiary (whether in dedicated accounts or otherwise) for the benefit of a Third Person to a Governmental Entity for customs matters (e.g., amounts paid to Customs) that have not yet been collected from such Third Person).
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Related to Closing Date Cash Balance

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

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

  • Closing Date Payment has the meaning set forth in Section 2.04(a)(i).

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

  • Closing Date Balance Sheet has the meaning specified in Section 2.7.

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

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

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

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

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

  • Closing Date Purchase Price shall have the meaning set forth in Section 2.1 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.

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

  • Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).

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

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

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

  • Closing Date Certificate means a Closing Date Certificate substantially in the form of Exhibit F-1.

  • 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.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(b).

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

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”

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

  • 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:

  • Closing Date Acquisition shall have the meaning assigned to such term in the recitals hereto.