Register Cash definition

Register Cash means an amount of cash necessary to open each store of the Company and its Subsidiaries on the day after the Closing Date, determined by reference to the Company’s historical practices, which in any event shall not be less than $861,000 in the aggregate as of the July End Date.

Register Cash means the “register” cash for each store of the Business in the amount set forth on Exhibit B.

Register Cash in an amount as is necessary to open the stores of the Business on the day after the Cut-Off Date (as defined in Section 4(a)), determined by reference to the historical practices of the Business.

Examples of Register Cash in a sentence

• Within 60 days after the Closing Date, Sellers will prepare and deliver to Buyer a statement (the “Statement”) setting forth, in reasonable detail, Sellers’ determination of Transferred Inventory and of the amount of Register Cash at the Effective Time.

• The Arbitrator will determine Final Transferred Inventory and Final Register Cash solely based on submissions made by Sellers and Buyer consistent with the terms hereof (and not by independent review).

• After Closing, the Parties will make consistent use of such allocation, as adjusted to reflect any adjustments needed to remain consistent with Final Transferred Inventory, Final Register Cash and the Prepaid Items under Section 2.4(i) and the resulting adjustment to the Purchase Price, for all Tax and financial reporting purposes.

• The Transferred Inventory and Register Cash in the Statement will become final and binding upon the Parties (and become Final Transferred Inventory and Final Register Cash, respectively) 60 days after Sellers give the Statement to Buyer, unless Buyer gives written notice, in reasonable detail, of its disagreement (a “Notice of Disagreement”) to Sellers before the end of such 60-day period.

• However, if no such adjustment is required pursuant to clause (1) or (2) of this Section 2.4(e), then the Purchase Price will equal the sum of the Initial Purchase Price plus Final Register Cash.

More Definitions of Register Cash

Register Cash is defined in Section 1.1(a)(5).

Register Cash has the meaning set forth in Section 5.22.

Register Cash means the "register" cash for each store of the Business in the amount set forth on Exhibit F or vaults of the stores of the Business, in the aggregate amounts as set forth in Exhibit F.

Register Cash at the Purchased Stores in an amount as is necessary to open the Purchased Stores on the day after the Closing Date, determined by reference to the historical practices of the Business, which in any event shall not be less than $1,000 in each of the Business’ stores (“Register Cash”);

Register Cash shall have the meaning set forth in Section 2.1(b)(x).

Register Cash means, for each Acquired Location, cash in an amount equal to the amount set forth on Schedule 1.1(r).

Register Cash has the meaning set forth in Section 1.1(a)(i).