Estimated Cash Balance definition

Estimated Cash Balance has the meaning set forth in Section 4.24(a).

Estimated Cash Balance has the meaning set forth in Section 2.14(a).

Estimated Cash Balance means the amount of cash and cash equivalents, as set forth on the Estimated Closing Balance Sheet.

Examples of Estimated Cash Balance in a sentence

• At the end of 2025, the preliminary results of this recommendation would be as follows: Estimated Cash Balance$ 44.7MBoard Designated Reserves($25.9M)Contingency / Central City Line (changes) / Other (changes)$18.8M There were no concerns with the financial forecast assumptions that will be incorporated into the 2019 Transit Development Plan from members of the committee who were present.

• If the Cash Balance, as finally determined by this Section 2.4, is greater than the Estimated Cash Balance, the Base Purchase Price shall be adjusted upward by the absolute value of such difference (the “Surplus”).

• If the Cash Balance, as finally determined by this Section 2.4, is less than the Estimated Cash Balance, the Base Purchase Price shall be adjusted downward by the absolute value of such difference (the “Shortfall”).

• If the sum of the Closing Cash Balance and the Closing Net Working Capital is less than the sum of the Estimated Cash Balance and the Estimated Closing Net Working Capital, then the shortfall shall be subtracted from the aggregate principal amount of the Promissory Notes.

• 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”).

More Definitions of Estimated Cash Balance

Estimated Cash Balance means an amount equal to the Estimated Cash less the Estimated Debt stated in the Estimated Completion Accounts;

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.

Estimated Cash Balance means Sellers’ good faith estimate of the amount of the Actual Cash Balance.

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.

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.

Estimated Cash Balance has the meaning given to this term in Schedule 5.

Estimated Cash Balance is defined in Section 2.3(a).