Cash Requirements Sample Clauses

Cash Requirements. From and after the date of this Agreement, the Partnership agrees that, unless otherwise approved by Parent in writing, no cash distributions will be made by the Partnership or any of its Subsidiaries to ATLS or ATLS GP or any other Retained Company or any Spin-Off Company; provided, that this provision will not restrict cash transfers among the Partnership and its Subsidiaries or restrict distributions in the ordinary course to ATLS in respect of its holdings of general partner interests, limited partner interests and incentive distribution rights in the Partnership.
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Cash Requirements. Christiana covenants that as of the Effective Time it shall have cash equal to the sum of (i) $30 million (including $10,666,677 to be received under the Logistic Purchase Agreement) and (ii) all accrued and unpaid liabilities and obligations of Christiana. For purposes of this Section 3.2, the unpaid liabilities and obligations of Christiana shall mean the full undiscounted amount of liabilities for which Christiana shall be responsible, including any liabilities that will accrue as a result of the Merger, the Logistic Sale or the transactions contemplated herein, whether or not such liabilities would be required to be reflected as a liability by generally accepted accounting principles; provided, however, that such liabilities shall not include any liabilities for any gain on any EVI Common Stock held by Christiana realized as a result of a sale of such stock by Christiana or a liquidation or merger of Christiana (other than the Merger) within two years after the Effective Time, nor any tax liability for income of EVI attributable to Christiana under the equity method of accounting either before or after the Effective Time (the "EVI Related Taxes). Further, for purposes of calculating such liabilities, any Taxes (other than the EVI Related Taxes) payable in respect of the Logistic Sale or other transactions contemplated herein or under the Logistic Purchase Agreement shall be fully accrued as a liability and any Tax credits, deductions, other Tax benefits of Christiana shall not be considered or used to offset any such liability. The provisions of this Section 3.2 shall not affect Logistic's and C2's obligations under the Logistic Purchase Agreement to assume and indemnify EVI as set forth therein.
Cash Requirements. On or around the Separation Date, HP and its Subsidiaries will provide that Agilent and its Subsidiaries have sufficient cash to satisfy the following obligations or requirements (as adjusted with the parties' mutual agreement):
Cash Requirements. 8.3.1 If at any time during any month Operator requires additional sums from Owner for unanticipated expenses in excess of 10% over the amounts for Direct Operating Expenses and Capital Improvement Expenses pre-funded by Owner in accordance with Section 8.2, Operator shall promptly notify Owner. Subject to Section 5.1, Owner shall pay by electronic funds transfer the amount of such shortfall to Operator by the later to occur of (a) fifteen (15) Business Days after receipt of such notice, or (b) as soon as allowed by the Financing Agreements.
Cash Requirements. Advances
Cash Requirements. Credit Parties shall not permit, at any time following the Closing Date, Credit Party Liquidity to be less than fifty percent (50%) of Consolidated Liquidity.
Cash Requirements. If cash funds are required to pay taxes, fees, or other expenses pursuant to Article VI or to make payments to the Employee or his beneficiaries (other than withdrawals under Article VII, Part C), the Employee shall instruct the Custodian in writing which Regulated Investment Company shares shall be redeemed or sold if there is more than one account, unless the item for which cash is required is clearly allocable to an investment in a specific Regulated Investment Company. In the absence of such written instructions, the Custodian shall exercise its own discretion. However, the Custodian's fee, if any, for each account within a Custodial Investment Account shall be charged to such account.
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Cash Requirements. 6.2 The Parties will take all reasonable steps to ensure that sufficient funds are available to allow the Parties to complete transactions called for by agreement of the parties under this Agreement.
Cash Requirements. The total cash plus receivables of the Company net of the Company’s payables (including without limitation the shareholder tax distribution payable) as determined in accordance with GAAP and with the adjustments required by Section 6.16(a) of this Agreement as of the Business Day immediately preceding the Closing Date and as reflected on the Closing Date Balance Sheet shall be not less than $687,500.
Cash Requirements. 3.1 Notwithstanding any provisions to the contrary in the Custody Agreement, the Client acknowledges and agrees that in accordance with the provisions of the Capital Market Institution Regulations, the Client’s SAR in relation to Securities must be held with a licensed bank in the Kingdom of Saudi Arabia. The Client’s SAR will not be held by Northern or the Saudi Custodian as banker and will not be held as a deposit obligation on the balance sheet of Northern or its affiliates or the Saudi Custodian. The Client further acknowledges and agrees that its SAR shall be held in a client money account(s) at SABB (or such other licensed bank in the Kingdom of Saudi Arabia as the Saudi Custodian may appoint from time to time) in the name of the Saudi Custodian, on behalf of the Client and in accordance with the client money rules set out in the Capital Market Institution Regulations.
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