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
In addition to the foregoing, the consideration payable upon redemption of each Serasa Redeemable Share shall be adjusted in accordance with the mechanisms, assumptions and procedures provided for in Section 5 and Schedule 2.3.2 to account for any Net Cash Adjustment.
Pursuant to terms and conditions set forth in Section 5, the redemption price per share of the Serasa Redeemable Shares as specified in Sections 2.1.1(i), 2.1.1(ii) and 2.1.1(iii) shall be increased or decreased by Net Cash Adjustment per share.
More Definitions of Net Cash Adjustment
Net Cash Adjustment has the meaning set forth in Section 5.6(b).
Net Cash Adjustment. ' means the difference (if any) between Net Cash and Estimated Net Cash;
Net Cash Adjustment has the meaning ascribed to it in Article 2.3.7;
Net Cash Adjustment has the meaning given in Schedule 3;
Net Cash Adjustment is defined in Section 1.7(b).
Net Cash Adjustment is defined in Section 4.1.
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.