Final Cash on Hand definition

Final Cash on Hand has the meaning assigned to such term in Section 3.4(a)(iv).
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Final Cash on Hand respectively. For clarity, the provisions of Section 5.9 shall apply to the computation of certain liabilities associated with the Company’s self-insured health plan for purposes of computing Final Net Working Capital.
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Final Cash on Hand means the Cash on Hand as of the close of business on the Business Day immediately preceding the Closing Date.
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Examples of Final Cash on Hand in a sentence

  • Notwithstanding anything in this Agreement to the contrary, no item shall be counted more than once in the determination of the Estimated Working Capital Amount, Final Working Capital Amount, Estimated Cash on Hand Amount, Final Cash on Hand Amount, Estimated Closing Indebtedness Amount, Final Closing Indebtedness Amount, Estimated Transaction Expenses or Final Transaction Expenses.

  • Within 75 days after the Closing Date, Purchaser will cause to be prepared and delivered to Seller a closing statement (the “Final Closing Statement”), setting forth (i) the Final Working Capital, (ii) the Final Indebtedness, (iii) the Final Transaction Expenses and (iv) the Final Cash on Hand, and a balance sheet of the Company as of the open of business on the Closing Date.

  • Any such Notice of Disagreement shall specify all items or amounts as to which the Seller disagrees, and the Seller shall be deemed to have agreed with all other items and amounts contained in the Closing Statement and the calculation of Final Cash on Hand, Final Net Working Capital, the Final Working Capital Adjustment, Final Transaction Costs, and Final Indebtedness delivered pursuant to Section 2.3(a).

  • Chinese conglomerate Dalian Wanda Group is a key partner with Jetstar on the new Wuhan-Gold Coast flights.3> Australia is the most popular long-haul market when based on the number of airlines operating on the route (see Aviation Summary on page 3 for more detail.)> In June, Hong Kong Air Transport Licensing Authority rejected Jetstar Hong Kong’s application for a licence to operate, saying its primary place of business was not in the southern Chinese city.

  • Within thirty (30) days after the Buyer's delivery of the Closing Date Balance Sheet and the Closing Schedule to the Sellers' Representative, the Sellers' Representative, on behalf of the Sellers, may deliver written notice (the "PROTEST NOTICE") to the Buyer of any objections, and the basis therefor, which the Sellers' Representative may have to the Closing Date Balance Sheet and/or the Closing Schedule (including the Final Cash on Hand and the Final Closing Indebtedness).

  • The pharmacy department operates a JAC Pharmacy computer system, which manages procurement, supply, dispensing and reporting on medicines usage.

  • Upon determination of the Final Working Capital Amount, the Final Cash on Hand Amount, the Final Company Indebtedness and the Final Transaction Expenses pursuant to this Section 2.4, each of the Buyer and the Seller shall execute joint written instructions to the Escrow Agent instructing the Escrow Agent to disburse any then remaining undisputed portions of the Adjustment Escrow Funds in accordance with this Section 2.4.5.


More Definitions of Final Cash on Hand

Final Cash on Hand means the amount of Closing Cash on Hand as ultimately determined in accordance with Section 2.3.2 or this Section 2.3.3, as applicable.
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Final Cash on Hand has the meaning set forth in Section 2.3.3. Schedule 1
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Final Cash on Hand has the meaning set forth in Section 2.3(a).
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Final Cash on Hand shall have the meaning given to such term in SECTION 2.2.
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Final Cash on Hand has the meaning specified in Section 2.8.2.
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Related to Final Cash on Hand

  • Cash on Hand means, as of the Closing, all xxxxx cash, vault cash, teller cash, ATM cash, prepaid postage and cash equivalents held at a Branch.

  • Final Cash has the meaning set forth in Section 3.2(b).

  • Petty Cash means a relatively small amount of cash kept at hand for making immediate payment for miscellaneous small expenses incurred the municipality.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Working Capital Escrow Amount means $2,000,000.

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case, held or owned by, or credited to, the account of the Borrower and its Subsidiaries (including non-wholly owned Subsidiaries and Permitted J/Vs).

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Working Capital Surplus means the amount by which the Working Capital is greater than the Target Working Capital Amount.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Net Cash means, without duplication and in any event as of the Net Cash Determination Time and, as applicable, determined in a manner consistent with the manner in which such items were historically determined and in accordance with Check-Cap’s audited financial statements and unaudited interim balance sheet, the sum of (i) Check-Cap’s unrestricted cash and cash equivalents (excluding marketable securities, other than marketable securities acquired in accordance with Keystone’s written consent, which shall not be unreasonably withheld, but including, for the avoidance of doubt, unrestricted cash deposits and interest accrued thereon), plus (ii) restricted cash items set forth in Section 1.1 of the Check-Cap Disclosure Schedule minus (iii) current and long-term liabilities payable in cash (excluding non-cash liabilities) accrued at Closing pursuant to GAAP, minus (iv) all of Check-Cap’s unpaid Transaction Costs, minus (iv) the cost of redemption of all Check-Cap Warrants (including for the avoidance of doubt, the Check-Cap Registered Direct Warrants and Check-Cap Placement Agent Warrants) that have redemption rights according to their terms, and are outstanding as of immediately prior to the Israeli Merger Effective Time (assuming the full redemption thereof), plus (v) all prepaid Check-Cap expenses listed on Section 1.1 of the Check-Cap Disclosure Schedule, plus (vi) the amount of any expenses paid or liabilities incurred by Check-Cap during the Interim Period that the insurer under Check-Cap’s D&O insurance policy listed on Section 1.1 of the Check-Cap Disclosure Schedule has unconditionally and irrevocably agreed in writing to pay and are in excess of the deductible under such policy, plus (vii) the amount of any Check-Cap Legacy Transaction Eligible Proceeds (disregarding, for purposes of this definition, the proviso in the definition of “Check-Cap Legacy Transaction Eligible Proceeds”) to be received by Check-Cap for any Check-Cap Legacy Transaction at or prior to the Closing Date, or to which Check-Cap is contractually entitled as of the Closing Date to receive within ninety (90) days following the Closing Date (subject to no conditions other than the passage of time).

  • Trapped Cash means any cash, checks, rental deposits and bank credit balances that are subject to any restrictions or local exchange control, Tax or other requirements, such that the full amount of such deposits cannot be accessed within ninety (90) days; provided that any amounts that are subject to short term investments or time deposits with maturities less than 363 days as of any relevant time of determination shall not be deemed “Trapped Cash” unless after such maturity, they would be subject to any of the aforesaid restrictions.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Consolidated Working Capital Adjustment means, for any period of determination 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.

  • Closing Date Cash has the meaning specified in Section 3.4(a).

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.