Cash at Closing definition

Cash at Closing means an amount in cash or cash equivalents equal to or exceeding the total liabilities of Parent, on a consolidated basis, including the assets and liabilities of all subsidiaries, except with regard to the Carryover Notes, immediately preceding the Merger.
Cash at Closing has the meaning set forth in Section 2.02(a).

Examples of Cash at Closing in a sentence

  • BE SURE YOU HAVE FINANCING ARRANGED, IF NECESSARY, AND ARE CAPABLE OF PAYING CASH AT CLOSING.

  • Buyer shall, within 20 days after date of this contract, pay for the property the total purchase price of $ (WHICH SUM WILL INCLUDE EITHER A 10% BUYER’S PREMIUM FOR ON SITE BIDDERS OR A 13% BUYER’S PREMIUM FOR ON LINE BIDDERS ABOVE THE BID PRICE), under the following terms: 10% DOWN WITH THE SIGNING OF THIS CONTRACT; BALANCE DUE IN CASH AT CLOSING WITHIN 20 DAYS.

  • AND MAY THEREFORE OBLIGATE BUYER TO PAY ALL OR PART OF THE COMPENSATION IN CASH AT CLOSING.

  • Buyer shall, within 20 days after date of this contract, pay for the property the total purchase price of $ (WHICH SUM INCLUDES 6% BUYER'S PREMIUM ABOVE THE BID PRICE), under the following terms: 10% DOWN WITH THE SIGNING OF THIS CONTRACT; BALANCE DUE IN CASH AT CLOSING WITHIN 20 DAYS.

  • Michelle.Esterman@altisource.com ALTISOURCE ANNOUNCES THE COMPLETION OF THE SALE OF ITS POINTILLIST SUBSIDIARY ALTISOURCE RECEIVED $102.2 MILLION IN CASH AT CLOSING AND ANTICIPATES RECEIVING $3.5 MILLION IN CASH FOLLOWING THE ONE-YEAR ANNIVERSARY OF CLOSING Luxembourg, December 1, 2021 - Altisource Portfolio Solutions S.A. (“Altisource” or the “Company”) (NASDAQ: ASPS) today announced that the shareholders of Pointillist, Inc.


More Definitions of Cash at Closing

Cash at Closing shall have the meaning given that term in Section 4.1.
Cash at Closing. At closing, Buyer shall pay the purchase price to Seller in cash, or its equivalent. Buyer's obligations to close shall not be contingent upon Buyer's ability to obtain financing. Buyer shall pay all closing costs.
Cash at Closing means the amount of the cash and short term deposits of the Company, as reflected on the consolidated balance sheet of the Company which forms part of the Closing Date Financial Statements;
Cash at Closing means (i) Twenty Seven Million Five Hundred Thousand Dollars ($27,500,000) in cash or cash equivalents plus (ii) the ante5 Note.
Cash at Closing. At closing, Buyer shall pay the purchase price to Seller in cash, or its equivalent. Buyer's obligation to close shall not be contingent upon Buyer's ability to obtain financing. Buyer shall pay all closing costs. [_] B. LOAN TO BE ASSUMED, see Exhibit "N/A ." -------- [_] C. NEW LOAN TO BE OBTAINED: This Agreement is made conditioned upon Buyer's ability to obtain a loan (except if the loan is denied because of Buyer's lack of sufficient cash to close excluding the amount of the loan and/or because Buyer has not sold or leased other real property) in the principal amount of N/A % of the ----- purchase price listed above, with an interest rate at par of not more than N/A % per annum on the unpaid balance, to be secured by ----- a first lien security deed on the Property; the loan to be paid in consecutive monthly installments of principal and interest over a term of not less than N/A years. "Ability to obtain" as ----- used herein means that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. The loan shall be of the type selected below: [The sections not marked are not a part of this Agreement.] (1) LOAN TYPE: [_] CONVENTIONAL; [_] FHA (see attached exhibit);[_] VA (see attached exhibit); [_] OTHER (see attached exhibit) (2) RATE TYPE: [_] FIXED RATE MORTGAGE LOAN; [_] ADJUSTABLE RATE MORTGAGE ("ARM") LOAN; (3)