Distribution Cash definition

Distribution Cash means all cash, revenues and funds received by the Company less the sum of the following to the extent paid or set aside by the Company: (i) All principal and interest payments on indebtedness of the Company incurred in accordance with this Operating Agreement; (ii) All cash expenditures incurred in connection with the normal operation of the Company's business; and (iii) The establishment of such reserves and working capital as a majority of the members of the Board of Directors deem reasonably necessary to the proper operation of the Company's business.
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Distribution Cash means the amount by which the aggregate amount of all cash and cash equivalents from time to time held by the Company on hand or in bank accounts or other temporary investments pending distribution, exceeds the aggregate of all amounts to be paid or set aside by the Company for: (i) when due, all principal and interest payments on indebtedness of the Company and all other sums payable to lenders; (ii) all cash expenditures to be incurred in the normal operations of the business of the Company; and (iii) such cash reserves as the Sole Member may mutually deem reasonably necessary for the proper operation of the business of the Company.
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Distribution Cash means the gross proceeds received by ParentCo from a Distribution of the aggregate applicable number of Exchange Shares less the Selling Expenses actually incurred in connection with such Distribution.
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Examples of Distribution Cash in a sentence

  • The Distribution Cash Amount Statement shall be calculated in U.S. dollars and consistently with the historical practices used in calculating cash in DuPont.

  • With respect to matters referenced in the Distribution Cash Amount Dispute Notice, the Independent Accounting Firm’s determination, if not in accordance with the position of either Fortive or ▇▇▇▇▇▇▇, shall not be in excess of the higher, nor less than the lower, of the amounts set forth by Fortive or ▇▇▇▇▇▇▇ in the Distribution Cash Amount Dispute Notice, as applicable.

  • The Distribution Cash Amount Statement shall be calculated in U.S. dollars and consistently with the historical practices used in calculating cash in Parent.

  • On behalf of Ministry of Finance, Government Debt Management issues Danish T- bills.

  • The Distribution Cash Collateral shall be applied against the Obligations on the Termination Date, except as otherwise provided in this Section 6.8(f).

  • The Distribution Cash Amount Statement shall be calculated in U.S. dollars and consistently with the historical practices used in calculating DuPont GCAP for the Chemours FRB DU99250.

  • Notwithstanding the foregoing, until the first and the second installments of the Minimum Guarantee due from Senator Film pursuant to its Notice of Assignment are paid to the Collection Account, the Lender shall hold back $50,000 from the first portion of the Distribution Cash Collateral and/or any other sums that are to be released to H&W pursuant to this Section 6.8(f) (as applicable) as cash collateral for each Additional Gap Fee.

  • Subject to the terms and conditions of this Agreement, at or prior to the Distributions Time, New ▇▇▇▇▇ shall deliver to the Distributions Agent for the benefit of each record holder of New ▇▇▇▇▇ Common Stock on the New ▇▇▇▇▇ Record Date (or, if applicable, any transferee of such holder that purchased such holder’s shares in the “regular way” market), (a) the Distribution Shares (which shall represent all of the outstanding shares of New ▇▇▇▇▇▇▇-▇▇▇▇▇▇ Common Stock) and (b) the Distribution Cash.

  • In consideration for the promises and obligations contained herein, including the full and final release, settlement and discharge of all Released Plaintiffs’ Claims against the Released Defendants, JPMorgan shall pay or cause to be paid the Distribution Cash Payment, but only in accordance with and subject to the terms and conditions of this Agreement.

  • If the Preliminary Electronics Cash Allocation is less than the Electronics Distribution Cash Balance, and such difference is greater than $10 million, then Electronics shall be obligated to pay, or cause to be paid, to Tyco, or its designee, the amount of such excesswithin three (3) Business Days following delivery of the Preliminary Statement of Cash Allocation.


More Definitions of Distribution Cash

Distribution Cash means the gross proceeds received by the Corporation from a Distribution of the aggregate applicable number of Exchange Shares less the aggregate of (i) Selling Expenses actually incurred in connection with such Distribution and (ii) 50% of any and all applicable Distribution Expenses actually incurred in connection with such Distribution;
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Distribution Cash means the aggregate dollar amount of the Cash Distribution.
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Related to Distribution Cash

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

  • Cash Flow Distribution Amount As to any calendar month, the aggregate amount of principal distributable in respect of the Mortgage Securities in such calendar month.

  • distribution losses means energy losses that result from the interaction of intrinsic characteristics of the distribution network such as electrical resistance with network voltages and current flows;

  • Class IO Distribution Amount As defined in Section 5.07(f) hereof. For purposes of clarity, the Class IO Distribution Amount for any Distribution Date shall equal the amount payable to the Supplemental Interest Trust on such Distribution Date in excess of the amount payable on the Class IO Interest on such Distribution Date, all as further provided in Section 5.07(f) hereof.

  • Pool Distribution Amount As of any Distribution Date, the funds eligible for distribution to the Holders of the Certificates on such Distribution Date, which shall be the sum of (i) all previously undistributed payments or other receipts on account of principal and interest on or in respect of the Mortgage Loans (including, without limitation, the proceeds of any repurchase of a Mortgage Loan by the Seller and any Substitution Principal Amount) received by the Master Servicer with respect to the applicable Remittance Date in the month of such Distribution Date and any Unscheduled Principal Receipts received by the Master Servicer on or prior to the Business Day preceding such Distribution Date, (ii) all Periodic Advances made by a Servicer pursuant to the related Servicing Agreement or Periodic Advances made by the Master Servicer or the Trustee pursuant to Section 3.03 and (iii) all other amounts required to be placed in the Certificate Account by the Servicer on or before the applicable Remittance Date or by the Master Servicer or the Trustee on or prior to the Distribution Date, but excluding the following: