Examples of Estimated Closing Date Net Worth in a sentence

To the extent that the Estimated Closing Date Net Worth is less than $166,667 (plus any earnings since February 1, 1998 as specified in Section 3.2.6 hereof), such difference (the "Estimated Closing Date Net Worth Deficiency") shall be deducted from the Closing Date Payment.
The Estimated Closing Date Net Worth Statement shall reflect that the Closing Date Net Worth is not less than One Hundred Five Million and No/100 Dollars ($105,000,000.00).
The Adjustment Amount (as defined in Section 2.3(g) above) reflected on the PCN Estimated Closing Date Net Worth Statement shall not exceed $4,000,000.
However, the W-2 report will not reflect manual edits – it will continue to report the data from the actual payroll postings.
At Closing, Buyer shall pay to Seller an amount equal to the sum of (i) the Closing Date Net Worth as reflected on the Estimated Closing Balance Sheet (the "Estimated Closing Date Net Worth") and (ii) two million dollars ($2,000,000), in cash, certified or bank cashier's check, or by wire transfer of immediately available funds to a bank account designated by Seller (the "Closing Date Payment").
To the extent that the Estimated Closing Date Net Worth is less than $333,333 (plus any earnings since February 1, 1998 as specified in Section 3.2.6 hereof), such difference (the "Estimated Closing Date Net Worth Deficiency") shall be deducted from cash portion of the Closing Date Payment.
On the Closing Date, Buyer shall pay to Seller a dollar amount in cash (the “Closing Date Payment”) equal to (A) the product of (1) the Factor multiplied by (2) the Estimated Closing Date Net Worth, minus (B) the Purchase Price Holdback (by wire transfer of immediately available funds to an account provided by Seller to Buyer two business days before the Closing Date).

More Definitions of Estimated Closing Date Net Worth

Estimated Closing Date Net Worth shall have the meaning set forth in Section 2.7(a) of this Agreement.

Estimated Closing Date Net Worth has the meaning set forth in Section -------------------------------- 1.4(a).

Related to Estimated Closing Date Net Worth

Estimated Closing Date Net Working Capital has the meaning set forth in Section 2.3(a)(i).
Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.
Closing Date Net Working Capital shall have the meaning set forth in Section 2.03(c).
Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).
Estimated Closing Net Working Capital has the meaning set forth in Section 2.6(a).
Estimated Closing Cash has the meaning set forth in Section 2.4(a).
Estimated Closing Working Capital has the meaning set forth in Section 2.04(a)(ii).
Estimated Closing Statement has the meaning set forth in Section 2.4(a).
Closing Date Working Capital has the meaning specified in Section 2.3(b).
Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).
Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).
Final Closing Net Working Capital has the meaning set forth in Section 2.6(c).
Final Closing Cash shall have the meaning set forth in Section 2.11(g).
Final Closing Date shall have the meaning specified in Section 7.2(a) hereof.
Closing Date Balance Sheet has the meaning specified in Section 2.7.
Target Closing Date means three (3) Business Days following receipt of the Approval and Vesting Order, or such other date as the Parties may agree.
Final Closing Statement has the meaning set forth in Section 2.4(a).
Closing Date Cash has the meaning specified in Section 3.4(a).
Final Closing Working Capital has the meaning set forth in Section 2.5(d).
Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.
Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.
First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.
Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.
Preliminary Closing Balance Sheet has the meaning set forth in Section 2.2(b) below.
Second Closing Date means the date of the Second Closing.
Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

Estimated Closing Date Net Worth definition

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