Petty Cash Amount definition

Petty Cash Amount means an amount reasonably estimated by the Manager as the amount needed from time to time to be retained by the Manager at the Project as petty cash, which amount shall be comparable to the amount kept by Manager as petty cash at other hotels of comparable size and quality operated by Manager.
Sample 1

Examples of Petty Cash Amount in a sentence

  • This amount shall be as designated at the Petty Cash Amount in a Membership vote and shall be revised as necessary from time to time.

  • For Head Cook allocations, the Petty Cash Amount of $25 per cash register shall be used to stock the cash register with bills and coins for opening each day.

  • The President shall have independent authority to authorize the disbursement of funds up to a limited dollar Petty Cash Amount without requiring a vote of Membership or Board of Directors.

  • Adult School – September 2016 Increase the Director of Student Activities Petty Cash Amount Approved to increase the Director of Student Activities 2016/2017 Petty Cash amount from $100 to $500 and also approve to have this petty cash account operate through the Student Activities bank account instead of the district’s Warrant account.

  • At the end of the day, the Head Cook shall ensure the $25 Petty Cash Amount per cash register is removed from the daily receipts, locked in a pouch, and secured in the safe.

  • Changing the Petty Cash Amount If the petty cash custodian finds that the petty cash fund is larger than needed, the excess petty cash should be deposited in the company’s checking account.

  • If required be given a Petty Cash Amount not to exceed $500 which will be used to cover the cost of stationery, postage, office expense and supplies.

  • Petty Cash Amount $Bar floats amount $ Other Account Balances $ Bar floats, and others, need to be reviewed to ensure they are the proper amounts for your use.

  • At the end of the day, the Head Cook shall ensure the$25 Petty Cash Amount per cash register is removed from the daily receipts, locked in a pouch, and secured in the safe.

  • This report must be filed and sent to them within 20 days from the date of the draw.(2009) If required be given a Petty Cash Amount not to exceed $500 which will be used to cover the cost of stationery, postage, office expense and supplies.

Related to Petty Cash Amount

  • Petty Cash means a sum of money set aside on an imprest basis for the purpose of making change or paying small obligations.

  • Closing Cash Amount shall have the meaning set forth in Section 2.8(b).

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Cash Amount means an amount of cash per Partnership Unit equal to the value of one share of Common Stock as determined under the applicable Exchange Rights Agreement on the Valuation Date of the Common Stock Amount.

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Closing Cash Consideration has the meaning set forth in Section 2.02.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Cash Payment has the meaning set forth in Section 2.03(b)(iii) below.

  • Closing Cash means the aggregate amount of Cash of the Company as of the Effective Time.

  • Working Capital Escrow Amount means $500,000.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Non-Cash Consideration means consideration in a form other than cash.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • Final Closing Cash shall have the meaning set forth in Section 2.11(g).

  • Closing Amount has the meaning set forth in Section 2.3.

  • 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).

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as determined by the Borrower in good faith, but excluding any Cure Amount) received (or deemed received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Earnout Amount has the meaning set forth in Section 2.5.1b).