Effective Date Cash definition

Effective Date Cash means an amount in Cash equal to the Available Cash balance of all of the Tribune Entities at the close of business on the Friday immediately preceding the Effective Date (or the immediately preceding Business Day if any such Friday is not a Business Day).

Effective Date Cash means all Cash held by or on behalf of the Debtors as of the Effective Date.

Effective Date Cash means, collectively all Cash and cash equivalents of the Debtors (including all amounts received under the Shareholder Settlement Agreement) on the Effective Date prior to the making of any payments by the Debtors in accordance with the Restructuring Transactions, excluding any Cash and cash equivalents (i) in the form of security deposits, (ii) that collateralize any obligations of the Debtors or (iii) that are otherwise subject to any legal, contractual or other restriction on the ability to freely transfer such Cash or cash equivalents.

Examples of Effective Date Cash in a sentence

• Notwithstanding the foregoing, this Section IX.E does not apply with respect to funds cash collateralizing Letters of Credit that have been terminated or expired according to their terms, which funds shall constitute Prepetition Lenders Effective Date Cash in accordance with Section VIII.A hereof.

• On the Effective Date, or as soon thereafter as is practicable, the Liquidation Trustee shall establish the Confirmation Fund, which shall be funded from the Effective Date Cash in an amount equal to the Confirmation Amount.

• On the Effective Date, the Liquidation Trustee shall establish a Professional Fee Escrow Account and shall fund such Professional Fee Escrow Account with Effective Date Cash in an amount equal to the sum of the Professional Fee Claims.

• Pursuant to Sections 3.1, 3.2, 3.3(a), 3.4(a), 3.5(a), 3.6(a), 3.7(a), 3.8(a), 3.9(a), 3.10(a), 3.11(a), 3.12(a), 3.13(a), 3.14(a), 3.15(a), 3.16(a), 3.17(a), 3.18(a), 3.19(a), 3.20(a), 3.21(a), 3.22(a), and 3.23(a) of the Plan, the Disbursing Agent shall distribute to each holder of a Disputed Claim described in Section 9.3(a) above, which becomes an Allowed Claim after the Effective Date, Cash from the Distributed Distribution Reserve in an amount equal to the Allowed amount of such Claim.

• The Plan shall be funded from the Effective Date Cash and any other Assets of the Estates, except as expressly set forth herein.

More Definitions of Effective Date Cash

Effective Date Cash means the aggregate amount, as at the Effective Date, of any cash, cash equivalents and balances (including all highly liquid investments with an original maturity of three months or less from the date of purchase and money market funds) which (i) are freely remittable without any exchange or other approvals or significant costs or (ii) if the cash is not so freely remittable, amount to less than $ 500,000 in aggregate for all Divisions to be acquired by each Purchaser (provided that if and to the extent that there is cash which is not so freely remittable and which exceeds such threshold, the relevant Purchaser shall cause the Group Companies to assign such cash to Sellers in the country in which the relevant cash is located, free of any consideration), but excluding, for the avoidance of doubt, amounts attributable to cash balances of Group Companies on bank accounts operated within a pooling arrangement with accounts of any member of the E.ON Group which have been taken into account in the calculation of Inter-Group Debt. For the avoidance of doubt, cash and cash balances shall be determined by reference to the cash books of the Group Companies.

Effective Date Cash means Cash that is (i) property of the Debtors' Estates available to pay Allowed Claims, and (ii) the Investor Contribution.

Effective Date Cash means the pro-forma consolidated amount of the line items set forth in Section 1 of Exhibit 6.2 of the Target Companies in Euro as per the Effective Date, as determined on the basis of the Final Effective Date Balance Sheet (as defined below).

Effective Date Cash means the aggregate book balance of Cash of Holdings I calculated on a consolidated basis as of 11:59 P.M. on the Business Day immediately prior to the Effective Date.

Effective Date Cash means the cash in Debtor’s debtor-in-possession accounts as of the Effective Date.

Effective Date Cash means cash in the Estate on the Effective Date.

Effective Date Cash means the Company's cash on hand and cash equivalents (such as bank accounts, short term government securities funds and money market funds) at the Effective Date, less (a) the amount of any checks outstanding on the Effective Date and (b) the amount of Funded Indebtedness paid or provided for at Closing in accordance with Section 2.13(a), plus (x) the amount paid to the Company at or immediately following the Closing in repayment of the Seller Note and any other notes owed by any Shareholders to the Company paid to the Company as set forth on Annex A and (y) the purchase price paid to the Company by the Phoenix Purchaser in accordance with that one certain Assets Purchase Agreement of even date with this Agreement (the "Phoenix Purchase Agreement"), as such purchase price is finally adjusted and paid in accordance with the Phoenix Purchase Agreement.