Net Cash Adjustment Amount definition

Net Cash Adjustment Amount has the meaning set forth in Section 2.8(c).
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Net Cash Adjustment Amount means such amount calculated as at the Completion Accounts Date pursuant to and in accordance with the provisions of Schedule 7 (Completion Accounts) as follows: (i) Cash plus (ii) Ambition House Deposit less (iii) Debts;
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Net Cash Adjustment Amount means the sum of the Adjustment Factors, whether positive or negative, for each of the Engines, Time Limited Parts, and Life Limited Parts.
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Examples of Net Cash Adjustment Amount in a sentence

  • 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.

  • Seller and Buyer shall work together in good faith to agree on the Net Cash Adjustment Amount prior to the Closing; provided, however, that the failure to agree on such amount shall not delay or otherwise prevent the Closing and, to the extent of any remaining dispute, for purposes of the Closing, the Seller’s calculation of the Net Cash Adjustment Amount shall prevail.

  • The Independent Accounting Firm’s resolution of the Disputed Items and the resulting calculation of the final Interim Period Net Cash Adjustment Amount resulting therefrom shall be set forth in a written report delivered to the Vendor and the Purchaser within 30 days of the date that the Disputed Items are submitted to the Independent Accounting Firm for resolution.

  • If the Interim Period Net Cash Adjustment Amount, as finally determined pursuant to Section 6.19, is less than the Estimated Interim Period Net Cash Adjustment Amount, the Purchaser shall pay the Vendor an amount equal to the difference between the Estimated Interim Period Net Cash Adjustment Amount and the Interim Period Net Cash Adjustment Amount.

  • Buyer and its Representatives shall be entitled to reasonable access during normal business hours to the relevant records, personnel and working papers of the Purchased Companies to aid in their review of the calculation of the Net Cash Adjustment Amount.

  • If the Vendor does not deliver a Vendor Objection Notice to the Purchaser within such 60 day period, the calculations set forth in the Purchaser Closing Statement shall be deemed to be final and binding on the parties and the final Interim Period Net Cash Adjustment Amount shall be based thereon.

  • The secondary back shall be jute or synthetic fiber for glue-down installation.

  • Not more than seven (7) Business Days nor less than three (3) Business Days prior to the Closing Date, Seller shall deliver to Buyer a statement showing the Seller’s good faith calculation of the Net Cash Adjustment Amount, including the calculation thereof in reasonable detail and with reasonable backup documentation regarding the calculation of such amounts.

  • 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).

  • In the event that any dispute regarding the Net Cash Adjustment Amount remains following the Closing, the parties shall use commercially reasonable efforts to resolve such dispute within thirty (30) days following the Closing and following such period any remaining dispute shall be referred to a nationally recognized accounting firm that is mutually agreed by Seller and Buyer.


More Definitions of Net Cash Adjustment Amount

Net Cash Adjustment Amount means, as of the Closing Date, an amount equal to (i) Prepaid Property Taxes, plus (ii) Prepaid Personal Property Tax, minus (iii) Advance Deposits, minus (iv) Deferred Revenue minus (v) Deferred Revenue – Long Term, in each case, as of the Closing Date and as such terms are used and calculated in a manner consistent with the Palms Schedule of Assets and Liabilities attached hereto as Schedule V.
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Net Cash Adjustment Amount has the meaning given in Section 1.16(a)(i).
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Net Cash Adjustment Amount has the meaning set forth in Section 2.12(c). “New Hire” has the meaning set forth in Section 6.8(j). “New RSU Grant Notice” has the meaning set forth in Section 6.8(f). “Non-Competition and Non-Solicitation Agreement” has the meaning set forth in Recital E. “OFAC” has the meaning set forth in Section 3.27(c). “Officer’s Certificate” has the meaning set forth in Section 9.2(a). “Open License Terms” means terms applicable to a Work which require, as a condition of use, reproduction, modification and/or distribution of the Work (or any portion thereof) or of
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Net Cash Adjustment Amount shall have the meaning set forth in Section 4.1(n) hereof.
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Net Cash Adjustment Amount means the sum of the amount, if any, by which the Net Cash Threshold is greater than the Net Cash, as determined in accordance with Section 1.10.
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Related to Net Cash Adjustment Amount

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).

  • 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.

  • Post-Closing Adjustment Amount has the meaning set forth in Section 1.9.3.

  • 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.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).

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

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Buy In Adjustment Amount shall have the meaning specified in Section 6.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • 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.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Purchase Price Adjustment Escrow Amount means $500,000.

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Closing Payment Amount has the meaning specified in Section 1.5.