Estimated Excess Cash definition

Estimated Excess Cash means the amount, if any, by which Estimated Cash exceeds Target Cash.
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Estimated Excess Cash has the meaning set forth in Section 3.4(a) hereof.
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Estimated Excess Cash has the meaning set forth in Section 2.2(a)(ii).
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Examples of Estimated Excess Cash in a sentence

  • Parent’s belief that the Company’s calculations of the Estimated Excess Cash are reasonable at that time, or Parent’s dispute thereof or the resolution of any disputes thereof, shall not foreclose, prevent, limit or preclude any rights or remedy of Parent set forth herein.

  • If the Company disputes any such adjustments, Parent and the Company will use all commercially reasonable efforts to resolve such dispute, after which the Company will re-deliver to Parent the statements with such adjustments as the parties have agreed are appropriate; provided, however, to the extent the parties are not able to agree on a revised statement of Estimated Excess Cash, such disagreement shall not delay Closing, and the Company’s Estimated Excess Cash will be used for the purposes of Closing.

  • The Estimated Excess Cash will be prepared in accordance with GAAP and in a manner consistent with the calculation of Required Cash as set forth on Exhibit B.

  • The aggregate “Purchase Price” for the Shares shall be (i) £13,881,465, plus (ii) the Estimated Excess Cash minus (iii) the Companies’ Transaction Expenses.

  • Proposed Sources & Uses ($ in millions) Sources & Uses Estimated Excess Cash $35.0 Equity Purchase Price $494.5 Revolver 0.0 Refinance Existing Debt 169.6 Term Loan B 250.0 Estimated Fees and Expenses 45.0 OpCo Notes 110.0 Total OpCo Debt 360.0 HoldCo Notes 90.0 Total Debt 450.0 New Equity 224.1 Total Sources $709.1 Total Uses $709.1 Pro Forma Capitalization Est.

  • At the Closing, and subject to the terms set forth in this Agreement, Buyer will pay to Seller an amount (the “Initial Purchase Price”) equal to: (i) the Base Purchase Price; minus (ii) any Specified Producer Base Purchase Price Adjustment required by Section 2.2(d) below; minus (iii) the Estimated Company Indebtedness; minus (iv) the Estimated Company Transaction Expenses; minus (v) the Estimated Net Working Capital Adjustment; plus (vi) the Estimated Excess Cash.


More Definitions of Estimated Excess Cash

Estimated Excess Cash has the meaning specified in Section 2.05(a) of this Agreement.
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Related to Estimated Excess Cash

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Cumulative Retained Excess Cash Flow Amount means, at any date of determination, an amount equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for the Excess Cash Flow Periods ended on or prior to such date.

  • Excess Cash shall have the meaning set forth in Section 2.11(d).

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Consolidated Working Capital Adjustment means, for any period on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Adjustment Escrow Amount means $2,000,000.