Minimum Cash definition

Minimum Cash means Cash and Cash Equivalents held by the Group.

Minimum Cash means $1,000,000.

Minimum Cash means, at any date, an amount equal to the lesser of (a) the aggregate amount of unrestricted cash and Cash Equivalents held by Group Members at such date, and (b) $160,000,000.

Examples of Minimum Cash in a sentence

• In addition, ECC may, at its sole discretion and within the scope of its risk assessment, determine a minimum proportion of the margin to be provided in cash collateral pursuant to Number 3.4.6 ("Minimum Cash Quota").

• The approved budget, as amended, and the Minimum Cash Balance shall be invoiced by the Finance Agent as provided for in Section 6.

• In exchange for providing the Minimum Cash Commitment and the other agreements of the Commitment Parties in the Minimum Cash Commitment Agreement, the Commitment Parties will receive the Minimum Cash Commitment Premium.

• Minimum Cash Holding means the cash held in your Account in addition to any cash held in the Model Portfolio(s) which may be used to maintain your Account.

• The calculation of the Minimum Cash shall be adjusted so that the Minimum Cash on the relevant Reference Date is increased with an amount equal to the Cure Amount.

More Definitions of Minimum Cash

Minimum Cash means $500,000.

Minimum Cash means an amount equal to $37,000,000 less the amount of Designated LC Company Cash.”

Minimum Cash means, with respect to the Company and its Subsidiaries on a consolidated basis, at any point in time, an amount of Cash equal to the product of (i) the Deferred Tour Revenue of the Company and its Subsidiaries on a consolidated basis multiplied by (ii) forty percent (40%).

Minimum Cash has the meaning ascribed to such term in Clause 20.18 (Minimum Cash Balances).

Minimum Cash means unrestricted cash and certificates of deposit, in each case, held at Agent of (a) from the Closing Date through December 31, 2024, at least 45% of the aggregate outstanding principal amount of the Term Loans, and (b) from January 1, 2025, through Payment In Full, at least 40% of the aggregate outstanding principal amount of the Term Loans.

Minimum Cash has the meaning set forth in Section 9.1(h)

Minimum Cash means unrestricted cash held at Bank of at least, (i) from the Closing Date through December 31, 2022, Twenty Million Dollars ($20,000,000) and (ii) from January 1, 2023 through the repayment in full of the Obligations, Ten Million Dollars ($10,000,000).