Approved Cash definition

Approved Cash means all amounts of cash that the Purchaser has requested ARM to cause to remain in specified bank accounts of specified Business Subsidiaries following the Closing.
View Source

Examples of Approved Cash in a sentence

  • The Lender shall have received Approved Cash Collateral in an amount at least equal to Minimum Collateral Amount, which Approved Cash Collateral shall be maintained in the Cash Collateral Account.

  • The aggregate amount of Disbursements incurred by Holdings, the Affiliated Guarantors and their respective Subsidiaries (other than the LandCo Subsidiaries) shall not exceed 115% (or 120% with respect to the Approved Cash Flow Forecasts delivered in May and June of 2008), of the cumulative amount of Disbursements set forth in the Approved Cash Flow Forecast for such period.

  • The proceeds of the Loans will be used for working capital and other general corporate purposes of the Borrower and the Guarantors in accordance with the Approved Cash Forecast.

  • Throughout the Term, Company will have sufficient financial resources or means to satisfy its monetary and other obligations under this Agreement as they come due, and to effect in a timely manner the fundings to Producer that are required of Company under the Approved Cash Flow Schedule for each Season.

  • The Approved Budget of each season shall reflect all taxes and withholdings due, depositable or payable on account of the production of such season, including all Guild payments, and Producer shall remit all such amounts in a timely to the respective taxing authority in accordance with the Approved Cash Flow Schedule.

  • Permit the Cumulative Net Operating Cashflow of the Loan Parties for any week to be less than (i) the Cumulative Net Operating Cashflow of the Loan Parties specified for such week in the Initial Approved Cash Forecast (or, if such week is not included in the Initial Approved Cash Forecast, the first Approved Cash Forecast that includes such week) minus (ii) $5,000,000.

  • So long as Producer is performing its Services hereunder and is not in uncured, material breach hereunder, Company shall fund each such season of The Chosen and Project B, in accordance with the Approved Budget (defined herein) and Approved Cash Flow Schedule (defined herein) for each such program.

  • Notwithstanding anything herein to the contrary, the Borrower and its Subsidiaries shall only use available funds in accordance with the then applicable Approved Cash Flow Forecast (subject to Permitted Variances).

  • The line items in the Approved Cash Flow Forecast for payment of interest, expenses and other amounts to the Administrative Agent and the Lenders are estimates only, and the Credit Parties remain obligated to pay any and all Obligations in accordance with the terms of the Credit Documents regardless of whether such amounts exceed such estimates.

  • On the date hereof, Borrower shall deposit into a Reserve (the "Available Cash Reserve") proceeds of the Loan in an amount equal to $15,000,000.00, for the purpose of funding a reserve fund for the payment of Approved Operating Expenses, Approved Capital Expenses, and Approved Predevelopment Expenses in accordance with the approved Predevelopment Budget (collectively, "Approved Cash Reserve Expenses").

Related to Approved Cash

  • Qualified Cash means, as of any date of determination, the amount of unrestricted cash and Cash Equivalents of Borrower and its Subsidiaries that is in Deposit Accounts or in Securities Accounts, or any combination thereof, and which such Deposit Account or Securities Account is the subject of a Control Agreement and is maintained by a branch office of the bank or securities intermediary located within the United States.

  • Restricted Cash means cash and Cash Equivalents held by Restricted Subsidiaries that is contractually restricted from being distributed to the Borrower.

  • Unrestricted Cash means cash or cash equivalents of the Borrower or any of its Subsidiaries that would not appear as “restricted” on a consolidated balance sheet of the Borrower or any of its Subsidiaries.

  • Trapped Cash means any cash, checks, rental deposits and bank credit balances that are subject to any restrictions or local exchange control, Tax or other requirements, such that the full amount of such deposits cannot be accessed within 90 days (for the avoidance of doubt, any cash, checks, rental deposits and bank credits balances that are subject statutory reserve that the Company’s PRC Subsidiaries are required to set aside pursuant to PRC laws shall be not be treated as “Trapped Cash”); provided, that any amounts that are subject to short term investments or time deposits with maturities less than 363 days as of any relevant time of determination shall not be deemed “Trapped Cash” unless after such maturity, they would be subject to any of the aforesaid restrictions.

  • Borrowing Base Amount means: