Initial Cash Balance definition

Initial Cash Balance means the cash and Cash Equivalents of Net Servicos and its Restricted Subsidiaries, considering as a basis, the last day of the immediately preceding fiscal year.

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Initial Cash Balance means the cash and Cash Equivalents of the Issuer and its Restricted Subsidiaries, considering as a basis, the last day of the immediately preceding fiscal year.

Initial Cash Balance means the cash and Cash Equivalents of Net Serviços and its Restricted Subsidiaries, considering as a basis, the last day of the immediately preceding fiscal year.

Examples of Initial Cash Balance in a sentence

An amount equal to $ has been deposited in the Escrow Fund on the Issue Date to establish the Initial Cash Balance in the Escrow Fund and shall be held uninvested as cash.
To satisfy the business needs of cash of Getty and Marketing, as of the close of business on the Distribution Date, Marketing shall be allocated, out of all cash bank balances and short-term investments of Getty and its Subsidiaries ("Cash"), an amount of Cash equal to the Marketing Initial Cash Balance and Getty shall retain all other Cash.
Marketing Initial Cash Balance: $____________, which is the amount of cash sufficient to cause Marketing Initial Net Working Capital to equal Marketing Initial Target Net Working Capital.
No later than one (1) business day following the Commencement Date, Tenant shall deposit into the applicable Depository Account (i) an amount equal to the Initial Cash Balance and (ii) an amount (the “Inventory Allowance”) equal to the amount by which the value of the par pro shop inventory for each Property as set forth on Exhibit A (the “Par Pro Shop Inventory”) exceeds the value of pro shop inventory at the Properties as of the Commencement Date.
To the extent practicable, the parties shall use their reasonable best efforts to take all necessary action to cause the Cash balances of Marketing and its Subsidiaries immediately prior to consummation of the Distribution to be equal to the Marketing Initial Cash Balance.
Manager agrees to use the Initial Cash Balance for Working Capital (as defined in the applicable Lease), and the Inventory Allowance for purchase of pro shop inventory with respect to the applicable Property.
To the extent practicable, the parties shall use their reasonable best efforts to take all necessary action to cause the cash balances of PEI immediately prior to consummation of the Distribution to equal the PEI Initial Cash Balance.
As of the close of business on the Distribution Date, PEI shall retain, out of the domestic and international cash bank balances and short-term investments of PEI recorded on the books of PEI (the "PEI Cash"), an amount of PEI Cash equal to the PEI Initial Cash Balance, and PriceSmart shall be allocated all other PEI Cash.
As of the close of business on the Distribution Date, PEI shall retain, out of the domestic and international cash bank balances and short-term investments of PEI and its Subsidiaries recorded on the books of PEI and its Subsidiaries (the "PEI Cash"), an amount of PEI Cash equal to the PEI Initial Cash Balance, and SpinCo shall be allocated all other PEI Cash.
To the extent practicable, the parties shall use their reasonable best efforts to take all necessary action to cause the cash balances of PEI and the Retained Subsidiaries immediately prior to consummation of the Distribution to equal the PEI Initial Cash Balance.

More Definitions of Initial Cash Balance

Initial Cash Balance means the first $1 million in Cash available for distribution to Holders of Unsecured Claims after reservation, funding, payment or satisfaction in full of all Priority Amounts, as applicable.

Initial Cash Balance means an amount equal to (i) the amount of Adjusted Statutory Reserves and Other Statutory Liabilities attributable to the Insurance Contracts in force as of January 1, 1998, as determined in accordance with Applicable SAP, consistently applied, minus (ii) the aggregate market value as of ----- January 1, 1998, of the assets included in the Pool as of such date, minus ----- (iii) policy loans to contract holders under Insurance Contracts intended to be reinsured by Purchasers as of January 1, 1998, minus (iv) a receivable from Provident and Sellers equal to the index option component of reserves for those contracts described in Schedule 4.18, minus (v) the ----- Ceding Commission.

Initial Cash Balance shall have the meaning set forth in Section 1.3(d).

Initial Cash Balance means EUR 300,411,000. "Underlying" means, in respect of:

Initial Cash Balance means $3,624,721, which number shall (A) be reduced on a dollar for dollar basis by (i) the amount by which the partial fulfillment expenses of Contract DO3 is expected to be less than $2,000,000, (ii) the amount by which 50% of the Lease Termination Payment is expected to be less than $160,549, (iii) the amount by which 50% of the aggregate, combined Severance Payments is expected to be less than $732,939, and (iv) the amount by which the agreed labor contribution expense cap is less than $731,234, and (B) be increased on a dollar for dollar basis by (i) the amount by which the partial fulfillment expenses of Contract DO3 is expected to be more than

Initial Cash Balance means, as at the Completion Date, the cash balance -------------------- in the Project Accounts together with the then aggregate value of all Cash Equivalent Investments.