Estimated Cash on Hand definition

Estimated Cash on Hand has the meaning set forth in Section 1.05(a).

Estimated Cash on Hand as set forth in a certificate delivered by the Sellers to Purchaser no later than three business days prior to the Closing. Sellers will use reasonable efforts to ensure that Estimated Cash on Hand shall be approximately $30,000,000;

Estimated Cash on Hand means Seller’s good faith estimate of the amount of Cash on Hand, based on the books and records of Seller and the Sold Companies.

Examples of Estimated Cash on Hand in a sentence

• If the Cash on Hand as finally determined pursuant to Section 1.6(a) above is greater than the Estimated Cash on Hand, Buyer Parent shall pay or cause to be paid to Parent, on behalf of the Sellers, such excess in accordance with Section 1.6(c).

• The "Estimated Purchase Price" means (i) $480,000,000 (the "Base Value"), plus (ii) the amount, if any, by which Estimated Net Working Capital exceeds Target Working Capital, minus (iii) the amount, if any, by which Target Working Capital exceeds Estimated Net Working Capital, plus (iv) the Estimated Cash on Hand, minus (v) the Estimated Indebtedness, minus (vi) the Estimated Transaction Expenses, minus (vii) the IP Purchase Price.

• If the Cash on Hand as finally determined pursuant to Section 1.6(a) above is less than the Estimated Cash on Hand, Parent, on behalf of the Sellers, shall pay to Buyer Parent, on behalf of Buyer Parent and Buyer, such shortfall in accordance with Section 1.6(c).

• In the event that Purchaser does not deliver the Closing Balance Sheet and the Closing Statement within such 75-day period, Purchaser shall be conclusively deemed to have accepted the Estimated Cash on Hand, the Estimated Closing Indebtedness and the Estimated Company Transaction Expenses as the Cash on Hand, the Closing Indebtedness, and the Company Transaction Expenses, respectively.

• The Estimated Cash on Hand shall be used by the Parties as the Cash on Hand of the Company Entities in calculating the Purchase Price on the Closing Date.

More Definitions of Estimated Cash on Hand

Estimated Cash on Hand has the meaning assigned to such term in Section 3.1(a)(ii).

Estimated Cash on Hand has the meaning assigned to such term in Section 2.9(d).

Estimated Cash on Hand as defined in Section 2.2(a). “Estimated Common Share Purchase Price” — the sum of (a) $118,027,022.85, plus (b) the Estimated Cash on Hand, minus (c) the outstanding amount of Indebtedness as of the close of business on the Closing Date, minus (d) the amount of any Transaction Costs set forth on Part 3.35 of the Disclosure Letter, plus (e) the amount, if any, by which the Estimated Net Working Capital exceeds the NWC Target, minus (f) the amount, if any, by which the Estimated Net Working Capital is less than the NWC Target.

Estimated Cash on Hand means the Company’s good faith estimate of the amount of Cash on Hand.

Estimated Cash on Hand is defined in Section 2.3(a) of this Agreement.

Estimated Cash on Hand means the total amount of Cash on Hand as estimated in good faith by the Company and set forth in a statement delivered to Parent at least three days before the Closing Date and subject to the reasonable approval of Parent.

Estimated Cash on Hand means the USA Estimated Cash-On-Hand plus, if there is a Canadian Closing, the Canadian Estimated Cash-On-