Net Cash Adjustment definition

Net Cash Adjustment means an amount equal to the Final Closing Cash minus the Final Closing Indebtedness, which amount can be either a positive or negative number; and

Net Cash Adjustment means the amount equal to (i) the total consolidated cash and cash equivalents of the Company and its Subsidiaries on the Closing Date minus (ii) the total Sale Bonuses to be paid at Closing pursuant to Section 1.3(b) and minus (iii) outstanding checks or other forms of payment not yet cleared through the bank accounts of Company or any of its Subsidiaries as of Closing. The Net Cash Adjustment may be a positive or negative amount. If the Net Cash Adjustment is a positive amount, it will be treated as a current asset for purposes of the calculation of the Closing Working Capital. If the Net Cash Adjustment is a negative amount, it will be treated as a current liability for purposes of the calculation of the Closing Working Capital.

Net Cash Adjustment means two-million five-hundred thousand dollars ($2,500,000), plus the Net Cash Deficit, minus the Net Cash Surplus.

Examples of Net Cash Adjustment in a sentence

• For purposes of determining the amounts payable on the Closing Date, the Net Working Capital Adjustment Amount shall be based on the Closing Net Working Capital, and the Net Cash Adjustment Amount shall be based on the Applicable Net Cash, each determined in accordance with this Section 1.16(a).

• Provide the following information if debt securities are to be issued: N/A .

• If the Final Net Cash Adjustment is positive, then Purchaser shall pay to Seller Parent the amount equal to the Final Net Cash Adjustment.

• Subject to Section 2.14(e)(iv), if the Closing Statement shows that there is a positive Signing Date Net Cash Adjustment, then Parent shall, within five (5) Business Days after the determination of the Closing Statement, pay to the Escrow Agent an amount equal to the Signing Date Net Cash Adjustment Amount in immediately available funds and the Escrow Agent shall release such funds to the Company Equityholders on a pro rata basis.

• THERE IS ALSO A PORTFOLIO CONTAINING VARIOUS EXAMPLES OF PROJECTS FROM ALL ACROSS EUROPE.

More Definitions of Net Cash Adjustment

Net Cash Adjustment means the difference (if any) between Net Cash and Estimated Net Cash;

Net Cash Adjustment which may be positive or negative, means, as of the applicable date, an amount equal to all Cash, in accordance with the Accounting Principles, of the Devices & Services Business at Closing, minus all Indebtedness in accordance with the Accounting Principles and Exhibit H, of the Devices & Services Business at Closing; provided, however, that any Unreinvested Proceeds at the Closing Date shall not be deemed to be Cash for purposes of this definition; provided, further, that the parties agree to take the actions set forth on Exhibit H.

Net Cash Adjustment means (a) the amount by which Cash and Cash Equivalents exceeds Two Million Dollars ($2,000,000), or (b) the amount by which Cash and Cash Equivalents is less than Two Million Dollars ($2,000,000), as applicable; provided that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

Net Cash Adjustment means an amount equal to (i) the amount of Closing Date Cash in excess of fifty million Dollars ($50,000,000) with respect to amounts held in the People’s Republic of China, plus (ii) the amount of Closing Date Cash in excess of ten million Dollars ($10,000,000) with respect to amounts held in South Korea, plus (iii) the amount of Closing Date Cash below twenty million Dollars ($20,000,000) with respect to amounts held in the People’s Republic of China, plus (iv) the amount of Closing Date Cash below six million Dollars ($6,000,000) with respect to amounts held in South Korea, plus (v) the amount of Closing Date Cash held in Brazil or India.

Net Cash Adjustment is defined in Section 4.1.

Net Cash Adjustment has the meaning ascribed to it in Article 2.3.7;

Net Cash Adjustment is defined in Section 1.7(b).