Estimated Closing Cash Amount definition

Estimated Closing Cash Amount has the meaning set forth in Section 2.2(a).

Estimated Closing Cash Amount has the meaning set forth in Section 1.3(c).

Estimated Closing Cash Amount shall have the meaning set forth in Section 2.4.

Examples of Estimated Closing Cash Amount in a sentence

• Buyer shall have the opportunity to review all materials and information used by Seller in preparing such estimate, the Estimated Closing Cash Amount and the Estimated Closing Indebtedness Amount, and Seller shall make available such personnel as are reasonably necessary to assist Buyer in its review of the foregoing.

• If the Closing Date Statement indicates an Estimated Closing Cash Amount of greater than zero, the Closing Consideration Amount shall be increased by the amount of such excess.

• The “Closing Adjustment” shall equal (i) the Estimated Closing Working Capital, plus (ii) the Estimated Closing Cash Amount, less (iii) the Target Working Capital, less (iv) the Estimated Closing Date Indebtedness, and (v) less the Estimated Closing Date Transaction Fees.

• For purposes of this Agreement, the “Post-Closing Difference” shall mean (i) the Net Working Capital, as reflected on the Final Closing Statement, minus the Working Capital Target, plus (ii) the Closing Cash Amount, as reflected on the Final Closing Statement, minus the Estimated Closing Cash Amount, minus (iii) the amount of the Business Indebtedness reflected on the Final Closing Statement, minus the Estimated Business Indebtedness Amount.

• For purposes of the Estimated Closing Statement and this Agreement, “Estimated Cash Consideration” means an amount equal to $180,000,000, minus the Estimated Closing Indebtedness, plus the Estimated Closing Cash Amount, minus the Estimated Transaction Expenses.

More Definitions of Estimated Closing Cash Amount

Estimated Closing Cash Amount has the meaning set forth in Section 1.5(a).

Estimated Closing Cash Amount is defined in Section 2.15(a).

Estimated Closing Cash Amount means an estimate of the Closing Cash Amount as estimated in good faith by Seller and delivered in accordance Section 1.2.

Estimated Closing Cash Amount means the Seller's reasonable estimation as of the Estimation Date of the Final Closing Cash Amount. The Estimated Closing Cash Amount shall be expressed in Sterling;

Estimated Closing Cash Amount means the aggregate amount estimated by the Seller of the bank balances, cash, cash on deposit, short-term securities and investment accounts, including amounts for which cheques have been received by the relevant member of the EPCI HK Group and the EPCI Singapore Group or deposited in the bank accounts of the relevant member of the EPCI HK Group and the EPCI Singapore Group which cheques have not cleared the drawer’s bank accounts, of each member of the EPCI HK Group and the EPCI Singapore Group as at the close of business on the day immediately before the Completion Date provided that there shall be deducted from such aggregate amount amounts for which cheques have been written by the relevant member of the EPCI HK Group and the EPCI Singapore Group, which cheques have not cleared the bank account as of Completion;

Estimated Closing Cash Amount means the Closing Cash Amount as set forth on the Estimated Closing Balance Sheet.

Estimated Closing Cash Amount means Seller’s good faith estimate of the Closing Cash Amount, based on the books and records of the Conveyed Entities.