Minimum Cash Balance definition

Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

Minimum Cash Balance means in respect of the Group a cash amount of not less than twenty five million Dollars ($25,000,000).

Minimum Cash Balance means at least $600,000,000 in Unrestricted Cash on hand of the Borrower and its Restricted Subsidiaries on the effective date of the Plan of Reorganization after giving effect to any distributions paid to certain holders of claims in accordance with the Plan of Reorganization on the Closing Date.

Examples of Minimum Cash Balance in a sentence

• The Purchaser’s Cash shall equal or exceed the Minimum Cash Balance.

More Definitions of Minimum Cash Balance

Minimum Cash Balance means, for any date of determination and as calculated on a consolidated basis, the Credit Parties’ Cash-on-hand.

Minimum Cash Balance means, at any time, the USD Equivalent Amount of the greater of (a) Total Financial Debt Service of the Borrower for the period commencing at such time and ending 183 days thereafter; and (b) $10,000,000.

Minimum Cash Balance means R$120,000,000 increased as of January 1 of each year by the IGP-M Adjustment as of such date and adjusted for any committed expenses as of the end of the prior fiscal year that remain unpaid.

Minimum Cash Balance means $100,000 or such larger number as the General Partner determines is reasonable and necessary to carry out the business of the Partnership.

Minimum Cash Balance means $10,000,000 minus (i) $500,000,(ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

Minimum Cash Balance means the Base Cash Balance plus the CAPEX Cash Balance plus the Tax Cash Balance.

Minimum Cash Balance means R$ 120,000,000 (one hundred and twenty million Brazilian reais) (i) corrected on January 1 of each year by the IGP-M Adjustment, or any index that may replace it by the reference date, and (ii) adjusted in accordance with any expense still outstanding that has been contracted by the end of the immediately preceding fiscal year.