cash resources definition

cash resources means cash in form of Bank notes or coins or cash equivalents that include stocks, bonds, etc.;
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cash resources means, on any date, the sum of (x) unrestricted cash on the Company's balance sheet as of such date and (y) amounts available to be borrowed by the Company under its senior credit facilities; provided that there shall not on such date have occurred and be continuing any material default under any of (i) the Second Amended and Restated Loan Agreement dated as of September 22, 1997 between Business Telecom, Inc. and General Electric Capital Corporation and the other lenders party thereto, as amended (the "GECC Agreement"), (ii) the Loan Agreement dated as of September 8, 1999 among Business Telecom, Inc. and Bank of America, National Association, and the other lenders party thereto, as amended (the "BofA Agreement" and, together with the GECC Agreement, the "Senior Debt Agreements"), or (iii) any other senior credit facility of the Company, if the effect of such default is to enable (or with the giving of notice or lapse of time or both would enable) the lenders under the Senior Debt Agreements or other senior credit facility to declare such debt to become due and payable prior to its stated maturity. Upon the request of the Investor at any time and from time to time after December 31, 2001, the Company will notify the Investor of the amount of the Company's Cash Resources at such time, and will provide the Investor with a reasonably detailed description of the facts and calculations upon which such amount is based;
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cash resources means: (Continued)
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More Definitions of cash resources

cash resources means the Cash and the Available Debt; "Change of Control" means the occurrence of any of the following: (i) any person, entity or group of persons or entities (other than a new direct parent of the Parent, that holds no assets other than the equity interests of the Parent, but including any affiliate or portfolio company of Inspirit and any other member of the Inspirit Group), acquires (or acquires the right to acquire or dispose of), directly or indirectly, the right to control more than 50% of the voting rights in a general meeting of the Parent, (ii) Midco ceases to hold directly 100% of the equity interests of the Company and/or (iii) the Parent ceases to hold, directly or indirectly, 100% of the equity interests of the Company. "Closing" has the meaning given to it in the Share and Asset Purchase Agreement; "Conditions" means the conditions of the Notes as set out in schedule 1; "Control" means, in relation to any person (a "Controlled Person"), the ability of another person (such other person, in relation to the first mentioned person, a "Controller"), by virtue of the rights or contracts owned, held or entered into by the
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Related to cash resources

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable energy resources means resources as defined

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • CAISO Global Resource ID means the number or name assigned by the CAISO to the CAISO-Approved Meter.

  • Water resources means all waters of the state occurring on the surface, in natural or artificial channels, lakes, reservoirs, or impoundments, and in subsurface aquifers, which are available, or which may be made available to agricultural, industrial, commercial, recreational, public, and domestic users;

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Public resources means water, fish, and wildlife and in addition means capital improvements of the state or its political subdivisions.

  • economic resources means assets of every kind, whether tangible or intangible, movable or immovable, which are not funds, but may be used to obtain funds, goods or services;

  • Landed Resources means when the Contractor or its Sub-contractor causes foreign nationals to be brought to the United Kingdom, to provide the Services.

  • Class II renewable energy means electric energy produced at a

  • Class I renewable energy means electric energy produced from

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following:

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Resources shall have the meaning set forth in Section 23.1 of this Agreement.

  • Energy Storage Resource means a resource capable of receiving electric energy from the grid and storing it for later injection to the grid that participates in the PJM Energy, Capacity and/or Ancillary Services markets as a Market Participant. Facilities Study:

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Hydroelectric energy means water used as the sole source of energy to produce electricity.

  • Natural resources means land, fish, wildlife, biota, air, water, ground water, drinking water supplies, and other such resources belonging to, managed by, held in trust by, appertaining to, or otherwise controlled by the United States or the State.

  • energy service means the physical benefit, utility or good derived from a combination of energy with energy-efficient technology or with action, which may include the operations, maintenance and control necessary to deliver the service, which is delivered on the basis of a contract and in normal circumstances has proven to result in verifiable and measurable or estimable energy efficiency improvement or primary energy savings;

  • Electric generation service means the provision of retail

  • Renewable Resources means one of the following sources of energy: solar, wind, tidal, geothermal, biomass, hydroelectric facilities or digester gas.

  • Electric generating unit means an individual electric generator and its associated plant and apparatus whose electrical output is capable of being separately identified and metered. Emergency Condition shall mean a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the CAISO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the CAISO Controlled Grid or the electric systems of others to which the CAISO Controlled Grid is directly connected; (3) that, in the case of the Participating TO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Participating TO’s Transmission System, Participating TO’s Interconnection Facilities, Distribution System, or the electric systems of others to which the Participating TO’s electric system is directly connected; or

  • Annual Energy Use means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year