Cash Available. In determining the amount of cash available in the Securities Deposit Account at any time, in addition to any cash then on deposit in such Securities Deposit Account, Security Deposit Trustee shall treat as cash available the amount which Security Deposit Trustee would have received on such day if it had liquidated all the Permitted Investments (at then prevailing market prices) then on deposit in the Securities Deposit Account. Security Deposit Trustee will use its best efforts to sell Permitted Investments such that actual cash is available on each date on which each transfer, withdrawal or distribution is to be made pursuant to this Agreement so that Security Deposit Trustee can make such transfer, withdrawal or distribution in cash on such date. The amount of any check or other instrument which may be deposited in the Securities Deposit Account shall not be treated as cash available until the final collection thereof.
Cash Available. NorthTech shall have at least $5,000,000 in Cash minus any funds previously advanced to Platinum as a bridge loan by NorthTech or its Affiliates on the Closing Date. Any funds over $5,000,000 held by NorthTech on the date of Closing will be paid to Investa Corporation for consulting services. Such $5,000,000 shall be the result of (i) the purchase of no less than $4,500,000 of Preferred Shares, with cash and with the conversion of the loan which provided funds for the Bridge Loan, and (ii) $500,000 from the exercise of warrants to purchase 10,000,000 shares of common stock of NorthTech (2,000,000 shares prior to the 5 to 1 split), all of which is intended to be part of a singular integrated transaction.
Cash Available. Add lines 1(a), 1(b)(v), 1(c)(iii) and 1(d) $ ========== (2)
Cash Available. Add lines 1(a) and l(b)(v) $_______________
Cash Available. In determining the amount of funds on deposit in an Account at any time, the Depositary Bank will treat as cash available the net amount that the Depositary Bank would receive on such day if it liquidated all the securities then on deposit in such Account (at then-prevailing market prices and assuming normal sales expenses). The Depositary Bank will use its best efforts to sell securities without a loss in order that actual cash is available on each date on which a transfer or payment is to be made pursuant to this Agreement.
Cash Available. In determining the amount of cash available -------------- in any Account and the Capital Expenditure Fund at any time, the Disbursement Agent shall treat as cash available the net amount that the Disbursement Agent would have received on such day if the Disbursement Agent had liquidated all the securities then on deposit in such Account (at then prevailing market prices and assuming normal sales expenses).
Cash Available. The Buyer has sufficient cash available to the Buyer to consummate the transactions contemplated hereby.
Cash Available. Purchaser has available funds from cash on hand and available from affiliates and under existing lines of credit to permit the payment of the amounts required to be paid to PrimeWest Securityholders pursuant to the Arrangement.
Cash Available. On the Closing Date, the Sellers will have an aggregate of $14,000 of cash on hand in the Stores (which shall be allocated among the Stores as specified on SCHEDULE E hereto), which shall be in secured cashboxes, and all which cash will be transferred to the Buyer pursuant to the terms of this Agreement. In addition, the Sellers will leave at each store any amounts left by customers as deposits or prepayments, as described in Section 2.21 of this Agreement.
Cash Available. Parent shall have cash available sufficient to pay the aggregate Merger Consideration, aggregate Option Payments and aggregate Outstanding Dividends at the Effective Time.
