Estimated Net Cash definition

Estimated Net Cash means such amount in US dollars as is notified in writing by the Sellers to the Buyer no later than 10 Business Days prior to the Completion Date that is the good faith estimate by the Sellers of the Net Cash as at the Effective Time;

Estimated Net Cash has the meaning set forth in Section 3.3(a).

Estimated Net Cash shall have the meaning set forth in Section 2.6.

Examples of Estimated Net Cash in a sentence

• The amount of cash to be paid at the Closing (the “Estimated Cash Consideration Adjustment Amount”) shall be equal to the Cash Consideration minus (A) the Estimated Closing Date Working Capital Shortfall, if any, plus (B) the Estimated Closing Date Working Capital Excess, if any, and plus (C) the Estimated Net Cash.

• Mitigation –redeployment of staff from other areas, NHSP and the Ward Manager, Clinical Nurse Specialist and Clinical Nurse Educator supporting ward staffing numbers.

• Any Dispute Notice shall identify in reasonable detail the nature of any proposed revisions to the applicable Estimated Net Cash.

• Notwithstanding the foregoing, the Parties acknowledge and agree that the Estimated Net Cash shall have no presumptive effect for purposes of determining the Final Net Cash as contemplated below.

• If the Closing Net Cash Asset Amount as finally determined pursuant to this Section 3.3 is greater than the Estimated Net Cash Asset Amount, Buyer shall within three Business Days pay to Sellers such excess by wire transfer of immediately available funds.

More Definitions of Estimated Net Cash

Estimated Net Cash means Seller Parent’s good faith estimate of the Net Cash as of 12:01 a.m. (New York time) on the Closing Date as set forth on the Estimated Closing Statement.

Estimated Net Cash means the estimated Net Cash as reflected in the Estimated Closing Certificate and on the Estimated Closing Balance Sheet.

Estimated Net Cash is defined in Section 2.5(a).

Estimated Net Cash has the meaning set forth in Section 2.3(a)(ii); provided that in no event shall Estimated Net Cash exceed $500,000.

Estimated Net Cash. The estimated amount of the Net Cash Amount of the Companies as of the Measurement Time set forth on the Initial Closing Statement delivered in accordance with Section 1.2(a) above; provided, however, that Estimated Net Cash shall exclude (i) any amounts used to pay any Transaction Expenses between the Measurement Time and the Closing, (ii) any distribution made to any Seller at or after the Measurement Time and prior to the Closing and (iii) any other distribution or payment made at or after the Measurement Time and prior to the Closing.

Estimated Net Cash means the estimated Net Cash as reflected in the Estimated Closing Certificate.

Estimated Net Cash has the meaning set forth in Section 1.11(b).