Excess Closing Cash has the meaning set forth in Section 1.06(d).
Excess Closing Cash has the meaning specified in Section 2.4. “Excess Working Capital” has the meaning specified in Section 2.3. “Exchange Act” has the meaning specified in Section 5.10(b). “Exercise Notice” has the meaning specified in Section 6.5(d). “Export Approvals” has the meaning specified in Section 4.28(a). “Fair Market Value” has the meaning specified in Section 6.5(d). A-7
Excess Closing Cash means the amount, if any, by which the Closing Date Cash exceeds One Million Dollars ($1,000,000).
Examples of Excess Closing Cash in a sentence
If the final Statement of Closing Date Calculations shows that the Excess Closing Cash and Cash Equivalents is less than Excess Cash and Cash Equivalents in the initial Statement of Closing Date Calculations, Buyer may deduct the difference from the Post-Closing Payment (but only to the extent that such difference has not been accounted for pursuant to Section 1.5(a)).
More Definitions of Excess Closing Cash
Excess Closing Cash means the amount, if any, by which the Closing Cash exceeds $650,000.
Excess Closing Cash means, with respect to any Excess Cash Jurisdiction, the amount by which Closing Cash in such jurisdiction exceeds the “Maximum Cash” for such jurisdiction in Section A.13, which amount shall be a fixed functional currency equivalent of such U.S. dollar excess amount calculated as of the Closing Date using the relevant exchange rate published in Bloomberg on the Business Day immediately prior to Closing Date.