Cash Method definition

Cash Method shall have the meaning set forth in Section 2.3(a)(ii) of this Agreement. “Check Method” shall have the meaning set forth in Section 2.3(a)(i)(A) of this Agreement. “Confidential Information shall have the meaning set forth in Section 7.1 of this Agreement. “Consumer Information” shall have the meaning set forth in Section 7.1 of this Agreement. {F0051944.4 }
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Cash Method shall have the meaning specified in Section 2.03(d)(i).
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Cash Method means a method of tax accounting, whereby the date, on which tax obligations arise, is determined as a date of transfer (receipt) of funds to (in) a taxpayer’s bank account (casher’s office) or a date of receipt of other types of compensation of the cost of goods (services) supplied (or to be supplied), and the date, on which on a right to tax credit arises, is determined as a date, on which funds were written off from the taxpayer’s bank account (given out of a cashier’s office), or a date, on which other types of compensation of the cost of goods (services) supplied (to be supplied) to the taxpayer were provided.
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Examples of Cash Method in a sentence

  • All interest payable in respect of the Interest Payment Date scheduled to occur on the Maturity Date shall be paid entirely by the Cash Method.

  • Except to identify it on the Student Portal as a Delivery Method, TMS shall not administer, and shall not be liable for any aspect of, the delivery of Credit Balances via the Cash Method.

  • In the absence of such an election with respect to an Interest Payment Date, the Company shall be deemed to have elected the Cash Method for all of the interest due on such Interest Payment Date.

  • Principal, premium, if any, and interest payable by the Cash Method shall be considered paid on the date due if by 10:00 a.m. (New York time) on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal, premium, if any, and cash interest then due and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying such money to the Holders on that date pursuant to the terms of this Indenture.

  • The Company shall elect the method of paying interest on an Interest Payment Date by delivering a notice to the Holders on or prior to the 15th calendar day immediately preceding the relevant Interest Payment Date identifying the method selected and (a) the percentage of interest to be paid using the Cash Method and/or (b) the percentage of PIK Interest to be paid using the Capitalization Method, as applicable.

  • After November 30, 2026, the interest payable on an Interest Payment Date shall be paid entirely by the Cash Method.

  • The Net Profits Account shall be credited with the aggregate Gross Proceeds received by El Paso, and shall be charged with the aggregate Production Costs (or as the case may be, Excess Production Costs) with respect to the Subject ▇▇▇▇▇, in each case using the Cash Method of Accounting.

  • Principal, premium, if any, and interest payable by the Cash Method shall be considered paid on the date due if by 11:00 a.m. (New York time) on such date the Trustee or the Paying Agent holds in accordance with this Indenture money sufficient to pay all principal, premium, if any, and cash interest then due and the Trustee or the Paying Agent, as the case may be, is not prohibited from paying such money to the Holders on that date pursuant to the terms of this Indenture.

  • The Net Profits Account shall be credited with the aggregate ▇▇▇▇▇ Proceeds received by El Paso, and shall be charged with the aggregate Production Costs (or as the case may be, Excess Production Costs) with respect to the Subject Wells, in each case using the Cash Method of Accounting.

  • The Company shall elect the method of paying interest on an Interest Payment Date by delivering a notice to the Trustee and Holders on or prior to the 15th calendar day immediately preceding the relevant Interest Payment Date identifying the method selected and (a) the percentage of interest to be paid using the Cash Method and/or (b) the percentage of interest to be paid using the Capitalization Method, as applicable.


More Definitions of Cash Method

Cash Method means that method of accounting in which all revenue and expenditure items are recorded as of the date on which cash or other consideration is actually paid or received by the relevant party.
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