Cash and Cash Equivalents. As of any date of determination, the sum of (a) the aggregate amount of unrestricted cash then actually held by the Borrower or any of its Subsidiaries, (b) the aggregate amount of unrestricted cash equivalents (valued at fair market value) then held by the Borrower or any of its Subsidiaries and (c) the aggregate amount of cash then actually held by the Borrower or any of its Subsidiaries in the form of tenant security deposits, but only to the extent such tenant security deposits are included as a liability on the Borrower’s Consolidated balance sheet, escrows and reserves. As used in this definition, (i) “unrestricted” means the specified asset is not subject to any Liens in favor of any Person, and (ii) “cash equivalents” means that such asset has a liquid, par value in cash and is convertible to cash on demand. Notwithstanding anything contained herein to the contrary, the term Cash and Cash Equivalents shall not include the Loan. CERCLA. See §7.18.
Cash and Cash Equivalents. Xxxx is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are investments that mature in three months or less from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value. In the Cash Flow Statement, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the Council’s cash management.
Cash and Cash Equivalents. The Guarantor (on a consolidated basis) shall at all times in the period from the Effective Date and ending on the earlier of (i) 30 September 2010 and (ii) the delivery of the Barge to Straits Offshore Ltd., ensure that it has Cash and Cash Equivalents equal to or greater than $4,000,000 and at all times thereafter ensure that the Guarantor (on a consolidated basis) has Cash and Cash Equivalents equal to or greater than $6,000,000.
Cash and Cash Equivalents. “Cash and Cash Equivalents” shall mean all cash and cash equivalents determined in a manner consistent with the manner in which such items were historically determined and in accordance with the Company’s financial statements (including any related notes) contained or incorporated by reference in the Company SEC Documents, and/or the Company Audited Balance Sheet, including, for the avoidance of doubt, any cash deposits or similar amounts with respect to the Company’s credit card program.
Cash and Cash Equivalents. Cash and cash equivalents shall be preserved, and expended, solely in the ordinary and usual course of business.
Cash and Cash Equivalents. (a) On the Closing Date or as soon as practicable following the Effective Time (but in no event later than one (1) Business Day after the Closing Date), Seller shall cause all cash in the Cash Safes (other than the cash banks included in the Special Items) to be removed from the Existing Restaurants. Purchaser shall not withdraw or remove any cash from any such Cash Safe until Seller has caused such cash to be collected from the Cash Safes. Purchaser shall reasonably cooperate with Seller and its Representatives to facilitate such collection. For the avoidance of doubt, all such cash in the Cash Safes as of the Effective Time shall remain the property of Seller and Seller shall bear the risk of loss with respect to such cash prior to removal from the Cash Safes (other than the cash banks included in the Special Items) except to the extent caused or arising from the negligence or misconduct of Purchaser or its agents or Representatives.
Cash and Cash Equivalents. All cash and cash equivalents held by Seller and relating to converter and other subscriber deposits (but only to the extent the refund obligations for the same are assumed by Buyer), all subscriber prepayments, advertising prepayments and other prepaid revenues, and all accounts receivable existing as of Closing with respect to the CATV Systems, including but not limited to those Cash Equivalents described in Schedule 1.2, but not including cash on hand, accounts or investments of any kind that are not otherwise Cash Equivalents;