Estimated Cash Balance definition

Estimated Cash Balance has the meaning set forth in Section 4.24(a).
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Estimated Cash Balance has the meaning set forth in Section 2.14(a).
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Estimated Cash Balance means an amount equal to the Estimated Cash less the Estimated Debt stated in the Estimated Completion Accounts;
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Examples of Estimated Cash Balance in a sentence

  • The Closing Working Capital Statement shall also set forth the variance, if any, between the Estimated Cash Balance and the actual amount of the cash and cash equivalents at the Closing Time (the “Actual Cash Balance”), and the variance, if any, between the Estimated Closing Date Indebtedness and the actual Closing Date Indebtedness as of the Closing Time (the “Actual Closing Date Indebtedness”).

  • The "CASH ADJUSTMENT" will be equal to the difference between the Closing Cash Balance and the Estimated Cash Balance.

  • Such amounts will be included as estimates in the amount of the Estimated Cash Balance, but will remain subject to External Net Debt Adjustment referred to in the SPA.

  • The Estimated Cash Balance (if greater than zero) shall be added to the Closing Date Cash Payment.

  • On the Closing Date, Purchaser shall pay to the Seller an amount in cash equal to (i) the Initial Purchase Price, (ii) plus the amount, if any, by which the Estimated Closing Net Working Capital is greater than the Base Amount or minus the amount, if any, by which the Estimated Closing Net Working Capital is less than the Base Amount, as applicable, and (iii) plus the amount, if any, by which the Estimated Cash Balance is greater than zero (the “Closing Purchase Price”).


More Definitions of Estimated Cash Balance

Estimated Cash Balance means the amount of cash and cash equivalents, as set forth on the Estimated Closing Balance Sheet.
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Estimated Cash Balance. ​ means the amount of the Cash Balance as estimated by the Seller in good faith;
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Estimated Cash Balance. Estimated Cash Balance" shall mean the consolidated cash and cash equivalents of Midland and the Subsidiaries on hand or in Midland's or the Subsidiaries accounts as of the last day of the month preceding the Closing Date, as determined in accordance with GAAP, except that any reclassification for book overdrafts (including outstanding checks) shall be reversed, as further described on Schedule 2.3, and as set forth on the Closing Certificate.
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Estimated Cash Balance means the total amount of cash and cash equivalents held by CPP as of May 31, 2002, as reflected on the Estimated Balance Sheet.
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Estimated Cash Balance means the estimated Cash Balance of the Company and the Subsidiaries as of the close of business on the first business day prior to the Closing Date as set forth on the Closing Certificate.
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Estimated Cash Balance is defined in Section 2.3(a).
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Estimated Cash Balance has the meaning given to this term in Schedule 5.
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