Cash Expense definition

Cash Expense means, the sum of the Borrower’s operating and interest expenses minus non-cash expenses (depreciation, amortization, equity compensation and special charges). 1000301987v14 Exhibit 10.1
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Cash Expense means, the sum of the Borrower’s operating and interest expenses minus non-cash expenses (depreciation, amortization, equity compensation and special charges).
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Examples of Cash Expense in a sentence

  • Notwithstanding anything herein to the contrary, if Surf Parent has not consummated a Triggering Event within three years from the Effective Date, this Section 3 shall cease to be of any further force or effect and Tuscan shall have no right to receive, and Surf Parent shall have no obligation to issue or pay, any Shares (as defined below) or any Cash Expense Reimbursement even if a Triggering Event is consummated after such date that is three years after the Effective Date.

  • As soon as available, and in any event within [***] days after the end of each fiscal month, Carrier shall provide Servicer with (i) its unaudited financial statements and (ii) a report, which may be in the form of an electronic mail transmission, of the Cash to Cash Expense Percentage.

  • As soon as available, and in any event within ***** days after the end of each fiscal month, Carrier shall provide Servicer with (i) its unaudited financial statements and (ii) a report, which may be in the form of an electronic mail transmission, of the Cash to Cash Expense Percentage.

  • Subscriber acknowledges that for six months from the Closing Date, subscriber will not sell any shares of the Company’s common stock for less than $0.06 and will not sell more than 5,000,000 shares of the Company’s common stock a month unless the sales of the Company’s common stock are made above $0.10 cents per share.

  • By virtue of the approval of the Merger and the Merger Agreement the Shareholders each agrees and consents that the Escrow Cash, Expense Shares, Permitted Investments and any other assets held in the Expense Fund (i) shall be used for such payment obligations, subject to the limitations and in the manner provided for in this Agreement, and (ii) are subject to release and payment to the Shareholder Agent upon the terms and subject to the conditions set forth herein.

  • If the actual Cash Expenses or Extraordinary Expenses paid for any calendar month are less than the amount disbursed to Borrower or Manager from the Cash Management Account for the payment of such monthly Cash Expenses or Extraordinary Expenses, the amount of such difference shall be deducted from the amount distributed to Borrower for the payment of Cash Expense for the following month.

Related to Cash Expense

  • Cash Expenses means, for any period, the operating expenses for the operation of the Property as set forth in an Approved Annual Budget to the extent that such expenses are actually incurred by Borrower minus any payments into the Tax and Insurance Escrow Fund.

  • Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, less the sum of (a) interest on any debt paid by the increase in the principal amount of such debt including by issuance of additional debt of such kind, (b) items described in clause (c) or, other than to the extent paid in cash, clause (g) of the definition of “Consolidated Interest Expense” and (c) gross interest income of Borrower and its Subsidiaries for such period.

  • Rent Expense means, for any Person for any period of determination, such Person’s operating lease expense computed in accordance with GAAP, including, without limitation, all contingent rentals, but excluding all common area maintenance expenses.

  • Consolidated Rent Expense means, for any period, the rent expense of US Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, excluding any amount not payable in Cash.