CASH BASIS Sample Clauses

CASH BASIS. BUDGET (for multi-year agreements) [If this is not a multi-year agreement, this section can be removed and remaining sections renumbered.] Notwithstanding anything contained in the Agreement to the contrary, it is understood and agreed by the parties hereto that City is obligated only to pay periodic payments or monthly installments under the Agreement as may lawfully be made from funds budgeted and appropriated for such purpose during the City’s then current budget Year (i.e. January 1 to December 31) or from funds made available from any lawfully operated, revenue producing source. Should City fail to budget, appropriate or otherwise make available funds for payments due under the Agreement in any budget year, the Agreement shall be deemed terminated on the last day of the then current budget year for which appropriations were received without penalty or expense to the City of any kind whatsoever, except as to the portions of the recurring charges herein agreed upon for which funds have appropriated and budgeted or are otherwise made available. City agrees to notify contractor of such termination, which shall not constitute a default under the Agreement, at least sixty (60) days prior to the end of the City’s then current budget year.
CASH BASIS. 9.1 The Client hereby agrees that all transactions undertaken through the Account will be on a cash settlement basis unless the Client has entered into a margin trading agreement with NCB Capital. If the Client conducts a transaction for the purchase of Investments, the Client undertakes to have sufficient cash funds in the Account at the time the Client places an order. Likewise, if the Client conducts a transaction on a cash basis for the sale of Investments, the Client undertakes to have a sufficient quantity of such Investments in good delivery form in the Account at the time the Client places the sell order.
CASH BASIS. This Agreement and the obligations of the City hereunder, are subject to the Kansas Cash Basis Law (K.S.A. 10-1100, et. seq.) and Budget Law (K.S.A. 75-2529, et. seq.). The City is obligated only to make payments under this Agreement as may be lawfully made from funds budgeted and appropriated for the purposes as set forth in this Agreement, in accordance with the foregoing and other applicable laws and regulations.
CASH BASIS. Section 415 compensation shall be included in the limitation year in which paid or made available (or would have been paid but for an election under section 125, 132(f)(4), 401(k), 403(b), 408(k), 408(p)(2)(A)(i) or 457(b) of the Code). Amounts received pursuant to a nonqualified unfunded deferred compensation plan are §415 compensation in the year actually received to the extent includible in gross income.
CASH BASIS. It is the intent of the parties that the provisions of this Agreement and any leases issued hereunder are not intended to violate the Kansas Cash Basis Law (K.
CASH BASIS. Notwithstanding anything contained in the Agreement to the contrary, it is understood and agreed by the parties hereto that City is obligated only to pay periodic payments or monthly installments under the Agreement as may lawfully be made from funds budgeted and appropriated for such purpose during the City’s then current budget Year (i.e.
CASH BASIS. The City's cost of water determined according to the principles established in Section 2.6.3C except that the District’s related annual bond or loan debt service and repayment obligations to the City for principal and interest shall be included in the annual cost calculation, which will include a charge and a volume charge, and the return on rate base and annual depreciation expense shall be excluded.
CASH BASIS. Members of TLHOA will be on a cash or credit card basis, and will not have credit account privileges at TLGCC.
CASH BASIS. This Agreement and all payments required hereunder, are subject to the Kansas Cash Basis Law, K.S.A. 10-1101 et seq. and amendments thereto. This Agreement shall be construed and interpreted so as to ensure that the Exhibitor shall at all times stay in conformity with such laws and, as a condition of this Agreement, the Exhibitor reserves the right to unilaterally sever, modify, or terminate this Agreement at any time if, in the opinion of its legal counsel, the Agreement is deemed to violate the terms of such law. The Exhibitor is obligated only to pay periodic payments or monthly installments under the Agreement as may lawfully be made from (a) funds budgeted and appropriated for that purpose during the City's current budget year or (b) funds made available from any lawfully operated revenue producing source. Please complete, sign and return two signed original copies to: Xxxx Xxxxxx Director of Sales, Global Business Development American Museum of Natural History Central Park West at 00xx Xxxxxx Xxx Xxxx, XX 00000-0000, USA Phone: +0 (000) 000-0000 Fax: +0 (000) 000-0000 Email: xxxxxxx@xxxx.xxx ATTACHMENT #2: BORROWER’S INSTALLATION / DE-INSTALLATION PERSONNEL SCHEDULE Installation – 1 week 1 Project Manager 1 AV technician 4 to 5 installers De-installation – 4 days 1 Project Manager 1 AV technician 4 to 5 installers The above schedule provides minimum needs for standard, non-rush installation/de-installation. Borrower will also need to provide a Project Manager beginning approximately twelve (12) to six (6) months before delivery of the Exhibition and ending upon shipment out of the Exhibition, as well as additional staff, at Borrower’s discretion, for gallery preparation. Each “week” referenced above equals five (5) “normal working days,” defined as being Monday through Friday, 9am to 5pm local time, with a 1-hour break during the course of the day (for lunch). Deviations from this schedule may be agreed with AMNH in writing. AMNH will provide a detailed schedule at least three (3) months before opening. Sub-Woofer Scale: 3I16" = 1'-0" - 11 - General Note: This plan approximates the exhibit and is subject to change for travel. Interactives I Media Label Deck Scientists @ Work Monitor & Stand Scrim Panel or Sintra Plexi panel 1.1 Show Intro 2.1 Section Intro Panel 3.1 Section Intro Panel 5.1 Section Intro Panel 6.1 Section Intro Panel 7.1 Section Intro Panel 1.2 Show Title 2.2 Interactives Kiosk 3.2 Metal Apatosaurus Neck 5.2 Triceratops Case 6.2 Speci...

Related to CASH BASIS

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Cash Balance Purchaser shall pay the balance of the Purchase Price, subject to the prorations described in Paragraph 5 below, in cash (the "Cash Balance") by wire transfer of immediately available United States of America funds to the Title Company for payment to Seller, in accordance with the terms and conditions of this Agreement. Such wire transfer shall be initiated and confirmation thereof by communication of a reference number shall be made no later than 10:00 a.m. (Central Standard time) on the Closing Date.

  • Cash Balances Participate, as reasonably requested, in the development of policies and procedures, including operational, accounting, reporting, and monitoring procedures, regarding the management of the Portfolios' cash balances, including procedures regarding the use of "sweep" transactions and repurchase agreements, the temporary reinvestment of credits to cash balances, and the processing of dividends and other disbursements to the Portfolios. In connection with the foregoing, the Sub-Administrator shall assist in the preparation of any application for exemptive or no-action relief, if required. The Sub-Administrator shall also provide the cash availability throughout each day, as required by each Portfolio's investment adviser or, if applicable, sub-adviser.

  • Minimum Cash Balance Licensee shall fund the Facility Checking Account --------------------- with an initial amount equal to $25,000.00 and thereafter Licensee shall provide the working capital required by Section I(H) of this Agreement

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of Borrower and its Subsidiaries for such period determined on a Consolidated basis.

  • Accounting Basis The Company shall use such method of accounting as may be determined by the Board that is consistent with United States generally accepted accounting principles or such other accounting methods and conventions as the Board may from time to time determine to be used in the preparation of the Company’s tax returns.

  • EBITDA With respect to REIT and its Subsidiaries for any period (without duplication): (a) Net Income (or Loss) on a Consolidated basis, in accordance with GAAP, exclusive of the following (but only to the extent included in determination of such Net Income (Loss)): (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense; plus (b) such Person’s pro rata share of EBITDA of its Unconsolidated Affiliates as provided below. With respect to Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries, EBITDA attributable to such entities shall be excluded but EBITDA shall include a Person’s Equity Percentage of Net Income (or Loss) from such Unconsolidated Affiliates or such Subsidiary of Borrower that is not a Wholly Owned Subsidiary plus its Equity Percentage of (i) depreciation and amortization expense; (ii) Interest Expense; (iii) income tax expense; (iv) Acquisition Closing Costs and extraordinary or non-recurring gains and losses (including, without limitation, gains and losses on the sale of assets) and income and expense allocated to minority owners; and (v) other non-cash items to the extent not actually paid as a cash expense.

  • Minimum Adjusted EBITDA Achieve Adjusted EBITDA, measured on a month-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto: {Z0026725/1 } -2- Applicable Amount Applicable Period $5,000,000 For the 12-month period ending March 31, 2014 $5,000,000 For the 12-month period ending April 30, 2014 $4,000,000 For the 12-month period ending May 31, 2014 $3,000,000 For the 12-month period ending June 30, 2014 $3,000,000 For the 12-month period ending July 31, 2014 $1,500,000 For the 12-month period ending August 31, 2014 $2,000,000 For the 12-month period ending September 30, 2014 $2,000,000 For the 12-month period ending October 31, 2014 $2,000,000 For the 12-month period ending November 30, 2014 $4,000,000 For the 12-month period ending December 31, 2014 $4,000,000 For the 12-month period ending January 31, 2015 $4,000,000 For the 12-month period ending February 28, 2015 $4,000,000 For the 12-month period ending March 31, 2015

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Adjusted Quick Ratio An Adjusted Quick Ratio of at least 1.25 to 1.00.