Remaining Cash definition

Remaining Cash means all Cash reflected on the Debtor’s balance sheet as of the Effective Date, if any, including any amount which remains undrawn under the DIP Note as of the Effective Date following payment of all accrued unpaid amounts under the Budget.

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Remaining Cash shall have the meaning set forth in Section 2.7(a)(iv).

Remaining Cash means all Cash held by or for the benefit of the Estate upon the Effective Date after transferring the Creditor Trust Funds.

Examples of Remaining Cash in a sentence

• In addition, at Closing the Buyer shall reimburse the Seller for the Remaining Cash (if any).

• Within five (5) Business Days after the Required Response Date, the ▇▇▇▇▇▇’▇ Parties shall cause written notices to be delivered in accordance with the notice provisions set forth on Exhibit E to the Specified Mezzanine Lender setting forth the additional Specified Mezzanine Notes that will be purchased with such Remaining Cash Flow in accordance with the terms of this Agreement.

• The Parent will distribute the Remaining Cash Amount pursuant to the Merger in respect of shares of Company Common Stock to be exchanged pursuant to the Merger.

• The Parent will not pay more in cash for the shares of Company Common Stock to be exchanged pursuant to the Merger than the Remaining Cash Amount, subject to increase for fractional shares.

• The Purchaser shall either return the shares of Common Stock for cancellation of make the required cash payment no later than thirty (30) days after receiving written notice from the Company that its has received a reimbursement of the Remaining Cash Portion from ▇▇.

More Definitions of Remaining Cash

Remaining Cash means all Cash held by or for the benefit of the Estates upon the Effective Date.

Remaining Cash means the amount of the Vendors’ cash on hand or on deposit at the time specified on Section 3.4, including any Estimated CCAA Completion Costs remaining after payment and satisfaction in full of the CCAA Completion Costs;

Remaining Cash means C$9,000,000 (nine million Canadian dollars).

Remaining Cash means an amount equal to the Cash of the Company as of the open of business on the Closing Date, as finally determined pursuant to the terms of this Agreement, but not including the Closing Cash Distribution Amount.

Remaining Cash means cash in an amount equal to two hundred and twelve thousand five hundred and forty-six dollars ($212,546), which shall be left in the Company following the Closing to fund the payment of certain bonuses and severance amounts, as set forth on a schedule previously provided by Seller to Madden.

Remaining Cash means Cash in an amount equal to the Unencumbered Amount, less the First Lien Share.

Remaining Cash means all Cash held by or for the benefit of the Estate upon the Effective Date.