Estimated Retained Cash definition

Estimated Retained Cash shall have the meaning set forth in Section 1.6.
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Estimated Retained Cash as defined in Section 2.2.
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Estimated Retained Cash means $411,944.59, which is the amount of Retained Cash, as of the Closing Date, as estimated by the Purchaser and the Seller immediately prior to the execution hereof.
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Examples of Estimated Retained Cash in a sentence

  • The Disbursing Agent or the Company shall pay (and the Investors shall cause the Company to pay, if applicable) the amount by which Actual Retained Cash differs from the Estimated Retained Cash to the other party within five business days after (i) if a Dispute Notice is not delivered by the Dispute Deadline, the Dispute Deadline or (ii) if a Dispute Notice is timely delivered, the date that the parties’ accountants resolve the dispute or entry of an Order by the Bankruptcy Court resolving the dispute.

  • To the extent the Estimated Retained Cash Amount exceeds the Actual Cash Amount, ▇▇▇▇▇▇▇-▇▇▇▇▇▇ shall pay to Spinco within 5 days the amount of such excess by wire transfer of immediately available funds.

  • The actual amount of cash held by the Company on the Closing Date, as determined under Section 2.3 before the investment of the Investment Price, in excess of the Estimated Retained Cash, if any, shall be transferred to the Disbursing Agent to be held for distribution under the Plan (the “Cash Distribution”) or as otherwise required by Section 1.4.

  • To the extent the Actual Cash Amount exceeds the Estimated Retained Cash Amount, Spinco shall pay to ▇▇▇▇▇▇▇-▇▇▇▇▇▇ within 5 days the amount of such excess by wire transfer of immediately available funds.


More Definitions of Estimated Retained Cash

Estimated Retained Cash has the meaning set forth in Section 2.04.
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