Examples of Estimated Cash and Cash Equivalents in a sentence
Parent has prepared in good faith and delivered to Purchaser a statement (the “Estimated Statement”) setting forth the (A) the Estimated Cash and Cash Equivalents, (B) the Estimated Closing Indebtedness, (C) the Estimated Net Working Capital Amount, and (D) the Estimated Net Working Capital Deficit, if any, or the Estimated Net Working Capital Surplus, if any.
If the Closing Cash as finally determined pursuant to this Section 1.7 is greater than the Estimated Cash and Cash Equivalents, Buyer shall, or shall cause the Company to, pay to the Member such excess in accordance with Section 1.7(d).
If the Closing Cash as finally determined pursuant to this Section 2.6 is less than the Estimated Cash and Cash Equivalents, the Responsible Common Equity Holders shall pay such shortfall to Parent in accordance with Section 2.6(e), with each Responsible Common Equity Holder only being required to pay such Person’s Responsible Pro Rata Portion of such shortfall.
On the Closing Date and subject to the terms and conditions set forth in this Agreement, the Buyer will pay to Xxxxxx and Xxxxxx UK, in consideration of the sale, assignment and transfer of the Shares, the aggregate sum of $1,157,500,000 in cash (in U.S. dollars) plus all Estimated Cash and Cash Equivalents minus all Estimated Debt Obligations (as adjusted pursuant to SECTION 2.3, the "PRELIMINARY PURCHASE PRICE").
The aggregate consideration to be paid by Buyer at Closing for the Company Units (the “Closing Consideration”) shall be a cash amount equal to: (a) the sum of (i) One Hundred Ninety One Million Six Hundred Thousand Dollars ($191,600,000), plus (ii) Estimated Cash and Cash Equivalents, minus (b) the sum of (i) the Estimated Closing Indebtedness, plus (ii) if the Estimated Working Capital is less than the Target Working Capital, the Working Capital Adjustment Amount.