Cash Equivalent Amount definition

Cash Equivalent Amount has the meaning set forth in Section 2.12.
Cash Equivalent Amount has the meaning given in paragraph 4(h);
Cash Equivalent Amount means an amount equal to the sum of (A) the cash portion of the Offer Price and (B) the product of (1) the Parent Common Stock Cash Value and (2) the portion of the Offer Price paid in shares of Parent Common Stock.

Examples of Cash Equivalent Amount in a sentence

  • At the end of each fiscal quarter, the Cash Equivalent Amount of the Borrower shall be equal to or greater than 150% of its Total Liabilities.

  • However, if a party making a margin call requests the return of margin securities delivered to the other party in response to a previous margin call, but the other party is unable to return those securities, despite its best endeavours because of circumstances beyond its control, the GMRA 2011 allows the undelivered margin securities to be substituted by means of payment of a Cash Equivalent Amount (see 4(h) of GMRA 2011).

  • If a party making a margin call requests the return of margin securities delivered to the other party in response to a previous margin call, and the other party is unable to return those securities despite its best endeavours because of circumstances beyond its control, the GMRA 2011 allows the undelivered margin securities to be substituted by means of payment of a Cash Equivalent Amount (see 4(h) of GMRA 2011).

  • The Company shall maintain at all times (a) a Debt Service Coverage Ratio of not less than 1.50 to 1.00, or (b) a Cash Equivalent Amount equal to or greater than the greatest of: (i) $10,000,000, (ii) 200% of the Funded Senior Indebtedness, (iii) the Annualized Cash Burn; and (iv) the projected Cash Burn for the period of four consecutive fiscal quarters immediately succeeding such date of determination.

  • This, together with the velocity formula (2.4), leads to the geometric PDEvi = k+(ρi − ρ∗) + k−(ρi−1 − ρ∗) − (k+ + k−)ρ∗µκi + ν∂ssκi.


More Definitions of Cash Equivalent Amount

Cash Equivalent Amount means, in respect of any Physical Settlement Obligation, an amount, determined by the Calculation Agent three Business Days prior to the Credit Event Redemption Date, which is equal to the market value of such Physical Settlement Obligation (net of any costs, fees, charges, taxes and expenses in connection with the sale thereof).
Cash Equivalent Amount means, with respect to an Exchange Offer, an amount of cash equivalent to the average of the daily closing prices, per Unit of the applicable Exchange Offer Security, on the principal exchange or market on which the Exchange Offer Security is listed or trades for the five consecutive trading days ending on the last trading day prior to the public announcement of the Exchange Offer (or if not publicly announced, the closing of the Exchange Offer) or, if the Exchange Offer Security has not traded in such period, the value of the applicable Exchange Offer Security for purposes of this definition shall determined by the Board of Directors of the Company in good faith, divided by the number of Equity Securities to be issued in exchange for each Unit of Exchange Offer Security. A “Unit” of an Exchange Offer Security shall mean the undiscounted face value of the Exchange Offer Security.
Cash Equivalent Amount has the meaning set forth in Section 6.4(c)(iii).
Cash Equivalent Amount means the number of shares of Parent Common Stock that would have been received by such Shareholder, multiplied by the Closing Price.
Cash Equivalent Amount means, with respect to any cash amount which may be paid to the holders of the Series 1999 Preferred Stock by way of dividend, redemption or other distribution, the number of shares (or fraction thereof) of Freely Tradeable Common Stock equal in value to such cash amount. For purposes of determining the Cash Equivalent Amount, the shares of Freely
Cash Equivalent Amount means, with respect to any cash amount which may, in accordance with the terms of this Certificate, be paid to the holders of the 1996 Series A Preferred Stock by way of dividend, redemption or other distribution, the number of shares (or fraction thereof) of Common Stock equal in value to such cash amount. For purposes of determining the Cash Equivalent Amount, the shares of Common Stock shall be valued at 80% multiplied by the lower of (i) the 30-Day Average Price of the Common Stock or (ii) the 5-Day
Cash Equivalent Amount means the lesser of (a) the value of all collected funds held in accounts maintained by the Company with NBD, and (b) $750,000.