Cash Usage definition

Cash Usage means the percentage of Cash Used to Account Value.
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Cash Usage means, with respect to any fiscal period of the Company and its Restricted Subsidiaries, an amount equal to the sum of (without duplication):
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Cash Usage means cash used in operations, calculated in accordance with generally accepted accounting principles, but not including the payment of certain accounts payable as of the Effective Date, as set forth in the Disclosure Letter, or any revenue participation payments made to the Lenders pursuant to the Revenue Participation Agreement.
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Examples of Cash Usage in a sentence

  • Each Branch Account, the SMC Collection Account, the Heights Collection Account and the Master Collection Account shall hold only collections on Company Receivables (including deposits of Daily Cash Usage) and such collections shall not be commingled with any other funds other than any Minimum Account Amounts deposited therein on the Closing Date.

  • For example, the Purchaser must demonstrate with the Covenant Compliance Reports submitted on or before July 30, 2002, that its Projected Cash on Hand as of September 30, 2002 is sufficient to meet or exceed the Projected Net Cash Usage for the quarter ending December 31, 2002.

  • That as of the applicable Covenant Compliance ---------------- Test Date, the Purchaser projects in good faith that as of the last day of the quarter in which the relevant Covenant Compliance Test Date has occurred, its Projected Cash on Hand will equal or exceed the Projected Net Cash Usage during the quarter immediately following the quarter in which the relevant Covenant Compliance Test Date has occurred.

  • Our Cash Usage Fee, effective July 1, 2010 is set forth below: Average Daily Cash Balance x the Monthly Rate Factor.

  • Schedule 1.1(e) of the Credit Agreement is hereby amended by deleting the references to "$230,000,000" and "$201,000,000" under "Cumulative Allowable Cash Usage" set forth in the Monthly Budget for December 2001 and January 2002, respectively, and substituting therefor "$241,965,000" and "$241,965,000", respectively.

  • Schedule 1.1(e) of the Credit Agreement is hereby amended by deleting the reference to "(206,000)" in the "Cumulative Allowable Cash Usage" line item set forth in the Monthly Budget for the month of February 2002, and substituting therefor "(241,965)".

  • The parties hereto acknowledge that the Third Amendment changed each of the references to "(230,000)" and "(201,000)" in the "Cumulative Allowable Cash Usage" line item set forth in the Monthly Budget for the months of December 2001 and January 2002, respectively, to "(241,965)".

  • Our current Cash Usage Fee shall be determined as set forth below: Average Daily Cash Balance x the Monthly Rate Factor.

Related to Cash Usage

  • Facility Usage means, at the time in question, the aggregate amount of outstanding Loans and LC Obligations at such time.

  • Revolver Usage means, as of any date of determination, the sum of (a) the amount of outstanding Advances, plus (b) the amount of the Letter of Credit Usage.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.

  • Letter of Credit Usage means, as of any date of determination, the aggregate undrawn amount of all outstanding Letters of Credit.

  • Canadian Availability means (a) the lesser of (x) the Canadian Sublimit and (y) the sum of (i) the Canadian Borrowing Base plus (ii) solely to the extent the total Revolving Exposure relating to the Canadian Borrower exceeds the Canadian Borrowing Base, the US Availability (calculated without giving effect to any Canadian US Borrowing Base Utilization), minus (b) the total Revolving Exposure relating to the Canadian Borrower.