Estimated Closing Cash on Hand definition

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

Estimated Closing Cash on Hand is defined in Section 2.2(a)(iii).

Estimated Closing Cash on Hand has the meaning set forth in Section 3.1(b).

Examples of Estimated Closing Cash on Hand in a sentence

• The Estimated Closing Working Capital, the Estimated Closing Cash on Hand, the Estimated Closing Indebtedness, and the Estimated Closing Transaction Expenses will be included in the determination of the Closing Merger Consideration as set forth in Section 3.1(a) above.

• In the event the Gundersen Debt is paid in full, the Conti Debt shall be repaid (A) first, using the remaining Estimated Closing Cash on Hand and (B) thereafter, using the cash received from the Existing Bookings.

• A17.4, [1999] 2015 edition, published by the American Society of Mechanical Engineers, for the price of $35.

• XXXX may object to MD Holdings’ Estimated Closing Statement and the Estimated Closing Working Capital, Estimated Closing Indebtedness and/or Estimated Closing Cash on Hand set forth therein, in which case MD Holdings and XXXX shall negotiate in good faith to agree on the Estimated Closing Working Capital, Estimated Closing Indebtedness and Estimated Closing Cash on Hand for purposes of determining the Closing Adjustment Amount.

• At the Closing, the Buyer shall (A) pay in cash the aggregate amount of the Purchase Price which is equal to (i) the Base Amount minus (ii) the Estimated Closing Seller Transaction Expenses, (B) cause the Company to pay the Estimated Closing Cash on Hand to Mark Gundersen (“Gundersen”) and (C) pay in cash the balance, if any, of the Gundersen Debt to Gundersen, to the extent the Estimated Closing Cash on Hand is less than the Gundersen Debt (collectively, the “Closing Payment”).

• The “Closing Adjustment Amount” shall be an amount equal to (i) Estimated Closing Working Capital minus Target Working Capital, plus (ii) if positive, Estimated Closing Cash on Hand minus Target Cash minus (iii) if negative, the absolute value of Estimated Closing Cash on Hand minus Target Cash, minus (iv) the Estimated Closing Indebtedness.

• If there is a positive amount of Estimated Closing Cash on Hand (i.e., any amount greater than zero dollars), then the Base Purchase Price payable to the Sellers at the Closing pursuant to Section 1.4(d) herein shall be increased by an amount equal to the Estimated Closing Cash on Hand.

• If a client is on a grandfathered Investment Management fee schedule or has assets under management with CapSouth of under $1 million, a separate Wealth Management fee will normally apply and will be detailed in the consulting agreement signed by the client.

More Definitions of Estimated Closing Cash on Hand

Estimated Closing Cash on Hand means Closing Cash on Hand, as estimated by the Company and delivered to Buyer prior to Closing pursuant to Section 4B(a). [Exhibit A to Purchase Agreement and Agreement and Plan of 7 Merger]

Estimated Closing Cash on Hand means Closing Cash on Hand, as estimated by the Company and delivered to Buyer prior to Closing pursuant to Section