Effective Date Cash Balance definition

Effective Date Cash Balance means an amount equal to the aggregate amount of Cash and Permitted Investments of the Borrower and its Subsidiaries on the Effective Date, plus all Net Proceeds of the Rights Offering, minus 50% of all unused amounts under the Former Budget for Non- NGTV Capital Expenditures and 100% of all unused amounts under the Former Budget for NGTV Capital Expenditures during the period from July 1, 2009 to the Effective Date in an aggregate amount not to exceed $10,000,000.

Effective Date Cash Balance has the meaning set forth in Section 5.05.

Effective Date Cash Balance means all unrestricted Cash held by the Debtors and SAM immediately after the Effective Date, including any refund or release of restricted Cash actually made within the thirty (30) days following the Effective Date (but in any event including all refunds due from IATA), the funds held as security for the payment of professional fees and expenses of the Committee, and any overpayment made pursuant to the DIAN Letter Agreement, and, in the event that Adversary Proceeding No. 03-2204 arising in and related to the Case and pending in the Bankruptcy Court is resolved by a Final Order of the Bankruptcy Court (either as the result of a decision by the Bankruptcy Court or the approval of a compromise or settlement under Bankruptcy Rule 9019), the funds, if any, remaining in the trust created under the Master Trust Agreement in excess of the sum, if any, to which BNY or the Holders of the Master Trust Notes shall be entitled pursuant to such Final Order; after giving effect to the investment to be made on the Effective Date by Oceanair, for the account of the SPVs, to Avianca S.A. pursuant to Section 7.4.5 of the Plan; after giving effect to all payments required to be made (and reserves for any such payments) by the Debtors on the Effective Date (or as soon as commercially practicable thereafter) pursuant to the Plan, other than payment on account of interest on the DIP Financing Facility pursuant to Section 4.1.3 of the Plan, including, without duplication, (i) payments on account of Administrative Claims pursuant to Section 4.1.1 of the Plan, (ii) payments on account of Priority Tax Claims due and payable on the Effective Date (or as soon as commercially practicable thereafter) pursuant to Section 4.2 of the Plan, (iii) payments on account of Priority Claims which are due and payable on the Effective Date or within thirty (30) days thereafter pursuant to Section 5.1.1 of the Plan, (iv) payments on account of the Aerocivil Claims which are due and payable on the Effective Date (or as soon as commercially practicable thereafter) pursuant to Section 5.1.4 of the Plan, (v) payment of the Pro Rata shares of the Initial Fixed Payment which are payable pursuant to Sections 5.1.7 and 5.1.8 of the Plan, (vi) payments on account of Other Secured Claims which are due and payable on the Effective Date (or as soon as commercially practicable thereafter) pursuant to Section 5.1.6 of the Plan, (vii) payments on account of Convenience Class Claims due and payable on the Effect...

Examples of Effective Date Cash Balance in a sentence

• In the event that, after review and reconciliation, the Effective Date Cash Balance is less than $165 million, Expedia shall make one or more payments to TripAdvisor as promptly as practicable after the Effective Date, but in no event more than ninety (90) days after the Effective Date, totaling an amount equal to the excess of $165 million over the Effective Date Cash Balance.

• For the avoidance of doubt, for purposes of determining the Effective Date Cash Balance, the Parties shall not take into account cash and/or cash equivalents that belong to eLong, Inc.

• In the event that, after review and reconciliation, the Effective Date Cash Balance is less than $100,000,000.00, IAC shall make one or more payments to Expedia as promptly as practicable after the Effective Date, but in no event more than ninety (90) days after the Effective Date, totaling an amount equal to the excess of $100,000,000.00 over the Effective Date Cash Balance.

• In the event that, after review and reconciliation, the Effective Date Cash Balance is less than $100,000,000.00, IAC shall make one or more payments to Expedia as promptly as practicable after the Effective Date, but in no event more than ninety (90) days after the Effective Date, totaling an amount equal to the excess of$100,000,000.00 over the Effective Date Cash Balance.

More Definitions of Effective Date Cash Balance

Effective Date Cash Balance means the Cash on hand as of the