Purchased Cash definition

Purchased Cash shall have the meaning set forth in Section 2.01(i).
Sample 1Sample 2Sample 3
Purchased Cash is defined in Section 2.1(a)(xiv).
Sample 1Sample 2
Purchased Cash means, as of the Effective Time, all of Group Companies’ cash deployed in the Business, including all cash located in gaming and redemption devices, located in count facilities, stored in any vaults or safes, or in-transit to or from Group Companies’ facilities and/or all receivables from gaming locations (to the extent not included in the calculation of Closing Net Working Capital) and consistent with the example calculation of Purchased Cash as of January 31, 2023 set forth on Schedule 2.7(d).
Sample 1

Examples of Purchased Cash in a sentence

  • No later than three (3) Business Days following each such Subsequent Closing Date, Purchaser Sub shall deliver to the Company an amount of cash equal to the Purchased Cash with respect to the Acquired Stores transferred on such Subsequent Closing, together with a receipt related thereto.

  • No later than three (3) Business Days following each such Subsequent Closing Date, Buyer shall deliver to Parent an amount of cash equal to the Purchased Cash with respect to the Acquired Stores transferred on such Subsequent Closing, together with a receipt related thereto.

  • Schedule 2.7(d) sets forth an example calculation of Purchased Cash as of January 31, 2023.

  • In addition, the Closing Payment will be increased by the Estimated Purchased Cash Amount and decreased by the Estimated Indebtedness Amount, in each case, in accordance with Section 2.5(a).

  • Payment for the Restaurant Inventory and Purchased Cash must be made within ten (10) days following the Closing Date.

  • Within forty-five (45) days after the Closing, Purchaser shall cause to be prepared and delivered to the Company a statement (the “Closing Statement”) setting forth Purchaser’s calculation of Purchased Cash and in reasonable detail demonstrating each component thereof (i.e., Purchaser’s calculation of the Cash Adjustment, Purchaser’s calculation of the Agreed Capital Expenditures and Purchaser’s calculation of the Cash Flow Adjustment).

  • At Closing J&J shall pay or cause to be paid to Seller an amount (the “Closing Payment”) equal to (i) the Base Purchase Price as determined pursuant to Section 2.7(c), plus or minus (ii) the Initial Net Working Capital Adjustment Amount as determined pursuant to Section 2.7(b), plus (iii) the Estimated Purchased Cash Amount as determined pursuant to Section 2.7(b), less (iv) the Estimated Indebtedness Amount as determined pursuant to Section 2.7(b).

  • Yes, when they wish to, this is one of the distinct advantages of belonging to a federation.

  • Within 90 days after the Closing Date, the Company will deliver to the Trustee a certificate (the “Closing Purchase Price Certificate”), executed by the Company, setting forth an itemized statement of the Closing Working Capital, Purchased Cash, Closing Company Indebtedness, Closing ESOT Indebtedness, if any, Transaction Expenses, and Accrued Bonuses, and a calculation of the Closing Purchase Price based thereon.

  • Based on the fair values at the effective date of acquisition the purchase price was allocated as follows: NOTE 5- ACQUISITIONS (CONTINUED) b) Premier Technology Resources LLC (Continued) Net Assets Purchased Cash $3,675Accounts receivable 29,569Computers 535,435Furniture and fixtures 1,337Customer lists 612,000Accounts payable (9,157)Goodwill 267,141 Purchase Price $1,440,000 The goodwill will not be amortized but it will be tested annually for impairment.


More Definitions of Purchased Cash

Purchased Cash means $18,385,459 (a) (i) plus the Cash Adjustment, if a negative number, or (ii) minus the Cash Adjustment, if a positive number, (b) plus the Agreed Capital Expenditures and (c) (i) plus the Cash Flow Adjustment, if a negative number, or (ii) minus the Cash Flow Adjustment, if a positive number, all as reflected on the Closing Statement.
Sample 1
Purchased Cash means cash and cash equivalents of any FMLP Operating Entity held in any payroll account, petty cash account or any other bank account of any FMLP Operating Entity which the parties agree to transfer to Buyer.
Sample 1
Purchased Cash means the amount of cash and cash equivalents, including commercial paper and short-term government bonds, of the Company and its Subsidiaries on a consolidated basis as of the Closing, net of any outstanding checks issued by the Company or a Subsidiary thereof. With respect to Xxxxxxx, only forty-five percent (45%) of Xxxxxxx’s Purchased Cash shall be included in the calculation of Purchased Cash.
Sample 1

Related to Purchased Cash

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Trapped Cash means any cash, checks, rental deposits and bank credit balances that are subject to any restrictions or local exchange control, Tax or other requirements, such that the full amount of such deposits cannot be accessed within ninety (90) days; provided that any amounts that are subject to short term investments or time deposits with maturities less than 363 days as of any relevant time of determination shall not be deemed “Trapped Cash” unless after such maturity, they would be subject to any of the aforesaid restrictions.

  • Purchased Contracts has the meaning set forth in Section 2.1.1(a).

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Sold Assets has the meaning set forth in Section 2.01(b).

  • Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Acquired Assets has the meaning set forth in Section 2.1.

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

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Purchased Asset means (i) with respect to any Transaction, the Eligible Asset sold by Seller to Buyer in such Transaction and (ii) with respect to the Transactions in general, all Eligible Assets sold by Seller to Buyer (other than Purchased Assets that have been repurchased by Seller).

  • Cash Purchase Price has the meaning set forth in Section 2.1(b).

  • Repurchase Assets has the meaning assigned thereto in Section 8 hereof.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to:

  • Specified Assets the following property and assets of such Grantor:

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Excluded Equity means any Voting Stock in excess of 66% of the total outstanding Voting Stock of any direct Subsidiary of any Grantor that is a Non-U.S. Person. For the purposes of this definition, “Voting Stock” means, as to any issuer, the issued and outstanding shares of each class of capital stock or other ownership interests of such issuer entitled to vote (within the meaning of Treasury Regulations § 1.956-2(c)(2)).

  • Acquisition Assets With respect to an Acquisition, the aggregate net assets as of the effective date of such Acquisition of all Acquired Funds.

  • Receivables Purchase Price means $1,375,000,017.71.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.