Cash Availability definition
Cash Availability means the sum of (A) availability under the Revolving Credit Facility plus (B) unrestricted cash and Cash Equivalents on hand of the Loan Parties.
Cash Availability means the sum of (i) availability under the Revolving Credit Facility plus (ii) unrestricted cash and Cash Equivalents on hand of the Borrower and its Restricted Subsidiaries.
Cash Availability means the amount of Revolving Credit Advances against Cash Collateral Lender may from time to time make available to a Borrower in the aggregate up to one hundred percent (100%) of the value of the Cash Collateral up to $300,000 provided that the Pledge and Security Agreement and Securities Account Control Agreement remain in full force and effect.
Examples of Cash Availability in a sentence
Cash Availability Reporting Calculate fund’s current day available cash and report to Adviser daily.
The Lessee has an Unrestricted Cash Availability of not less than $10 million.
Determine and Report Cash Availability to the Funds by approximately 9:30 a.m. Eastern Time: Fund Level - Receive daily cash and transaction statements from the agent responsible for the safekeeping of the Funds' assets (the "Custodian") by 8:30 a.m. Eastern time - Receive previous day shareholder activity reports from the Transfer Agent by 8:30 a.m. Eastern time.
The allocation of the foregoing cash, Five-Year Notes and Cash Availability Notes (and any shares of SCC common stock issued in lieu of the latter) among the Selling Stockholders shall be in accordance with such arrangement as they may unanimously agree upon.
Accurate and Timely Cash Availability Reports (“CAR”) to the Adviser Divided by Number of Portfolios Requiring Cash Availability Reporting: 99.5% • Timely CAR means, notwithstanding any other clause to the contrary, delivery by 9:30 a.m. (Eastern Time) (10:15 a.m. (Eastern Time) with respect to Money Market Funds).
More Definitions of Cash Availability
Cash Availability. State Street will supply the portfolio manager with a cash availability report by 11:00 AM EST on a daily basis. This will be done by fax so that the portfolio manager will know the amount available for investment purposes. Voluntary Corporate Actions State Street will be responsible for notifying the investment advisor of all voluntary corporate actions. The investment advisor will fax instructions back to State Street at (fax number 617-662-4192). Other C▇▇▇▇▇▇▇▇ ▇▇▇uirements All trades must be transmitted to the custodian bank, State Street, via signed facsimile to 617-662-4193. In the eve▇▇ ▇▇▇▇▇ ▇▇▇ no trades on a given day State Street needs to receive a signed fax indicating this. State Street needs to receive an authorized signature list from the investment manager. State Street will need the daily contacts for corporate actions and trading. Schedule B Liberty All-Star Equity Fund, Variable Series Record Keeping Requirements Portfolio Management Agreement RECORDS TO BE MAINTAINED BY THE PORTFOLIO MANAGER
Cash Availability means, as at any date of determination, the sum of (i) the cash and Cash Equivalents held by the Borrower and its Subsidiaries on such date plus (ii) the aggregate amount of unutilized commitments actually available under the Credit Agreement (or any successor agreement thereto permitted hereunder) on such date (for such purposes, determined after giving effect to any default or event of default thereunder (and any other provision therein) which may limit the availability of such commitments to the Borrower).
Cash Availability means, at any date of determination, an amount equal to the sum of (a) the aggregate amount of Cash held by the Company, minus (b) appropriate reserves for earn-out payment obligations in connection with the acquisition of ▇▇▇▇▇▇▇ Euro, plus (c) the Revolving Loan Commitment Amount, minus (d) the Total Utilization of Revolving Loan Commitments; provided, however, that in the event that as of such date of determination, the conditions to borrowing set forth in subsection 4.2 (other than (x) subsection 4.2B(i) only with respect to the bring-down of the representations and warranties in the first sentence in subsection 5.4, and (y) clause (i) of subsection 4.2B(v)) cannot be satisfied, then “Cash Availability” shall be limited to the sum of the aggregate amount of Cash held by the Company minus appropriate reserves for earn-out payment obligations in connection with the acquisition of ▇▇▇▇▇▇▇ Euro.
Cash Availability means, as of any date, the sum (without duplication) of (a) the aggregate amount of the Company's and its Subsidiaries' cash, cash equivalents and 80% of the borrowing base in effect as of such date under the Credit Agreement (or such larger percentage of the borrowing base in effect as of such date under the Credit Agreement agreed to by the holders of the Senior Debt in the absence of capital expenditure requirements necessary to maintain or enhance production from the Company's and its Subsidiaries' Oil and Gas Properties), plus (b) the aggregate amount of the Company's and its Subsidiaries' accounts receivable, minus (c) the aggregate amount of the Company's and its Subsidiaries' accounts payable and accrued current liabilities, minus (d) an amount equal to the projected operating expenses for the Company's and its Subsidiaries' Oil and Gas Properties (exclusive of optional drilling and development expenditures) for the following six months.
Cash Availability. State Street will supply the portfolio manager with a cash availability report by 11:00 AM EST on a daily basis. This will be done by fax so that the portfolio manager will know the amount available for investment purposes. Voluntary Corporate Actions State Street will be responsible for notifying the investment advisor of all voluntary corporate actions. The investment advisor will fax instructions back to State Street to the fax number displayed on the notice. Other Custodian Requirements All trades must be transmitted to the custodian bank, State Street, via signed facsimile to 617-662-2342 or under the ▇▇▇▇▇ ▇▇ ▇▇e custodian contract ("Custodian Contract") with the Client. State Street is required to act in accordance with the Client's Proper Instructions as defined in the Custodian Contract. Such instructions may include instructions given by persons employed by the Portfolio Manager and authorized by the Client to deliver Proper Instructions to State Street ("Instructions" or "Instruction"). In the event there are no trades on a given day State Street needs to receive Proper Instructions indicating this. State Street needs to receive an authorized signature list from the investment manager. State Street will need the daily contacts for corporate actions and trading. Liberty All-Star Equity Fund Portfolio Management Agreement SCHEDULE B RECORDS TO BE MAINTAINED BY THE PORTFOLIO MANAGER
Cash Availability means the sum of Restricted Cash plus Excess Availability.
Cash Availability means the aggregate amount of all cash and Cash Equivalents held in the Loan Parties’ deposit or other accounts (in each case other than any Cash Availability Excluded Amounts). “Cash Availability Excluded Amounts” means, without duplication, (a) cash and Cash Equivalents held in accounts that satisfy clause (b), clause (d) or clause (e) of the definition of “Excluded Accounts” and (b) cash and Cash Equivalents held in accounts of any Loan Party (that is not a wholly owned Subsidiary of the Borrower), to the extent that the declaration or payment of dividends or similar distributions by such Loan Party of such cash or Cash Equivalents (i) is not, as of the Closing Date, permitted by operation of 3 502181848 v5 1205867.00001