Preliminary Cash Balance definition

Preliminary Cash Balance shall have the meaning set forth in Section 7.8(b).
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Preliminary Cash Balance has the meaning set forth in Section 2.3(b)(i).
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Preliminary Cash Balance means the Cash of the Streetcar Group, as set out in the Preliminary Balance Sheet;
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Examples of Preliminary Cash Balance in a sentence

  • The Preliminary Statement of Working Capital and Preliminary Cash Balance Statement shall be binding and conclusive upon, and deemed accepted by, Purchaser unless Purchaser shall have notified the Seller in writing of any objections thereto within sixty (60) days after receipt thereof.

  • The Seller will make available to Purchaser and, if applicable, the Arbiter, the work papers used in preparing the Preliminary Statement of Working Capital and the Preliminary Cash Balance Statement in connection with (i) the review by Purchaser of the Preliminary Statement of Working Capital and the Preliminary Cash Balance Statement and (ii) the resolution by the parties hereto of any disputes relating thereto.

  • The Arbiter shall have exclusive jurisdiction over, and resort to the Arbiter as provided in this Section 2.4(d) shall be the sole recourse and remedy of the parties against one another or any other Person with respect to, any disputes arising out of or relating to the Preliminary Statement of Working Capital or the Preliminary Cash Balance Statement.

  • Concurrently with the delivery of the Proposed Final Closing Balance Sheet, Purchaser shall also deliver to the Warrantors’ Representative a worksheet which sets forth Purchaser’s revised calculation of the Preliminary Net Working Capital Adjustment and the Preliminary Cash Balance Adjustment and an explanation of any changes made to the Company’s calculation of such amount.

  • The Company shall consider in good faith any comments and proposed changes to the Preliminary Closing Balance Sheet and to the calculation of the Preliminary Net Working Capital Adjustment and Preliminary Cash Balance Adjustment that may be suggested by Purchaser in the period following delivery thereof but prior to the Closing.

  • Each of the Preliminary Statement of Working Capital and the Preliminary Cash Balance Statement shall become final and binding upon the parties hereto upon the earlier of (i) the failure by Purchaser to object thereto within the period permitted under, and otherwise in accordance with the requirements of, Section 2.4(c), (ii) the written agreement between Purchaser and the Seller with respect thereto and (iii) the decision by the Arbiter with respect to disputes under Section 2.4(d).

  • Purchaser and the Seller shall attempt in good faith to resolve any disagreements as to the amounts set forth on the Preliminary Statement of Working Capital and the Preliminary Cash Balance Statement.

  • The Preliminary Net Working Capital Adjustment and the Preliminary Cash Balance Adjustment shall be subject to further adjustment following the Closing in accordance with the procedures set forth in this Section 1.2.

  • The Preliminary Statement of Working Capital and Preliminary Cash Balance Statement shall be prepared on a basis consistent with the practices used in preparing the Reference Balance Sheet.

  • Such Preliminary Closing Balance Sheet, Preliminary Net Working Capital Adjustment calculation and Preliminary Cash Balance Adjustment calculation shall be certified by the Chief Executive Officer and Chief Financial Officer (or, if none, its principal accounting officer) of the Company as having been prepared in accordance with the foregoing principles.