Target Company Cash definition

Target Company Cash means the aggregate amount of cash, cash equivalents, and marketable securities (however derived, including from capital contributions, operations, financings, sales or condemnations, insurance proceeds, the exercise of options or extraordinary events) of the Target Company as at the Closing. For the avoidance of doubt, Target Company Cash shall include (a) the amount of any cash and checks previously received by the Target Company or its respective banks, whether or not cleared, and deposits in transit, (b) any security, escrow or similar deposits, and (c) any deposits or cash held (i) as a guarantee in respect of performance of Contracts or (ii) as collateral in respect of outstanding insurance policies, leases or letters of credit.
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Target Company Cash means, as of 11:59 p.m. Rockdale, Texas time on the Business Day immediately prior to the Closing Date, without duplication, any and all cash and cash equivalents (including marketable securities and short-term investments, but excluding any restricted cash and outstanding checks) of the Target Company and the Transferred Subsidiary, as determined in accordance with GAAP and in a manner in accordance and consistent with the Illustrative Closing Statement. Notwithstanding the foregoing, the Target Company Cash does not include (i) intercompany receivables between the Target Company and the Transferred Subsidiary and (ii) amounts included in the Net Working Capital.
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Target Company Cash means an amount of Company Cash as specifically set forth in Schedule 1.1 attached hereto and incorporated herein by reference.
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Examples of Target Company Cash in a sentence

  • The Company hereby acknowledges that, for federal and state income tax purposes, the interest earned on the Target Company Cash in such account shall be income of the Company.

  • The Company covenants and agrees to maintain in such account at all times from the date hereof until the Effective Time an amount equal to not less than the Target Company Cash.

  • IFC is contributing $155 million to AS in FY13, or around 41% of total AS costs.

  • For the avoidance of doubt, Target Company Cash shall include (a) the amount of any cash and checks previously received by the Target Company or its respective banks, whether or not cleared, and deposits in transit, (b) any security, escrow or similar deposits, and (c) any deposits or cash held (i) as a guarantee in respect of performance of Contracts or (ii) as collateral in respect of outstanding insurance policies, leases or letters of credit.

  • The Target Company Cash and cash equivalents As at December 31, As at June 30, 202020212022 2023 RMB’000RMB’000RMB’000 RMB’000US$339,122223,87055,793 2,233HK$–55 5 339,122 223,875 55,798 2,238 (b) Restricted cash Restricted cash of the Target Group was denominated in US$.

  • For purposes of this Agreement, “Net Cash” shall mean (i) the Target Company Cash as of December 31, 2009, less (ii) the Company Transaction Expenses not paid as of December 31, 2009, less (iii) any Option Repurchase Amounts not paid as of December 31, 2009, less (iv) the Company Debt Arrangements not paid as of December 31, 2009.

  • Within forty (40) Business Days after the Initial Closing Date, the Purchaser shall prepare and deliver to the Seller a statement setting forth its good faith calculation of the Closing Target Company Cash, which statement shall include all reasonable details and be substantially in the form of Schedule 2.08(a) of the Disclosure Letter (the “Closing Statement”) prepared in the form set forth on Schedule 2.08(a) of the Disclosure Letter.


More Definitions of Target Company Cash

Target Company Cash has the meaning set forth in Section 2.15(c)(ii).
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Target Company Cash means the cash or cash equivalencies of the Target Companies.
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Related to Target Company Cash

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Target Companies means the Company and its Subsidiaries.

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Acquired Companies means, collectively, the Company and the Company Subsidiaries.

  • Acquired Company means any business, corporation or other entity acquired by the Company or any Subsidiary.

  • Target Group means the Target and its Subsidiaries.

  • Acquired Corporations means the Company and each of its Subsidiaries, collectively.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • Acquired Entities means the Company and each of its Subsidiaries, collectively.

  • Acquiror has the meaning set forth in the Preamble.

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

  • Company Subsidiaries means the Subsidiaries of the Company.

  • Petty Cash means a relatively small amount of cash kept at hand for making immediate payment for miscellaneous small expenses incurred the municipality.

  • Company SEC Documents has the meaning set forth in Section 3.04(a).

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

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date and that portion of any Straddle Period ending on the Closing Date.

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

  • Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(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.

  • Buyer Benefit Plans has the meaning set forth in Section 6.10(f).

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Pre-Closing Tax Return has the meaning set forth in Section 7.1(a).

  • Audited Company Balance Sheet means the consolidated balance sheet (and the notes thereto) of the Company and its consolidated Subsidiaries as of December 31, 2020, set forth in the Company’s Annual Report on Form 10-K filed by the Company with the SEC for the fiscal year ended December 31, 2020.

  • Transferred Entities means the entities set forth on Schedule 1.5.

  • Company Equity Plans means (i) the Company’s 2014 Equity Incentive Plan as amended and restated from time to time, (ii) the Company’s 2004 Equity Incentive Plan, as amended and restated from time to time and (iii) the Inference Technologies Group Inc. 2018 Equity Incentive Plan, as amended and restated from time to time.

  • Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).