Initial Cash Amount definition

Initial Cash Amount has the meaning set forth in Section 2.3, above.

Initial Cash Amount means an amount equal to the sum of (a) the Initial Merger Consideration minus (b) the Initial Stock Amount minus (c) the Aggregate Adjustment Amount (if any).

Initial Cash Amount has the meaning given in the Option Agreement;

Examples of Initial Cash Amount in a sentence

• On May 10, 2016, the LMAA issued a Partial Finding Award in Castleton’s favor and ordered HSL Shipping “to co-operate with Castleton in establishing a Joint Order Escrow Agreement, and thereupon pay into the Joint Order Escrow Account to be opened pursuant thereto the Initial Cash Amount of US $3 million per Vessel .

• The Initial Cash Amount does not include accrued and unpaid interest on the Old Notes accepted for exchange, which will be payable in addition to the applicable Total Exchange Price.

• As set forth in Section 2.5(d), all Excluded Liabilities described on Exhibit 2.7(a) (to the extent not paid by PPPI prior to the Closing) will be fully paid at Closing (the “Paid Liabilities”) with a portion of the Initial Cash Amount.

• Any portion of the Initial Cash Amount which remains undistributed to the holders of Certificates for six months after the Effective Time shall be delivered to the Buyer, upon demand, and any holder of Certificates who has not previously complied with this Section 1.7 shall thereafter look only to the Buyer, as a general unsecured creditor, for payment of its claim for Initial Cash.

• In respect of any Initial Cash Amounts payable in respect of any Cayman 7 Call Option, each such Initial Cash Amount shall be increased by 8 per cent.

More Definitions of Initial Cash Amount

Initial Cash Amount means $217,920,867.

Initial Cash Amount. As defined in Section 2.2(a) hereof.

Initial Cash Amount means $6,847,881.22.

Initial Cash Amount means One Hundred Sixty Two Thousand Dollars ($162,000).

Initial Cash Amount means the Total Consideration less $18 million, subject to Section 1.9(b).

Initial Cash Amount means seventeen million dollars (CDN $17,000,000.00).

Initial Cash Amount means $20,000,000, or, if Acquirer has made a Cash Election, $30,000,0000.