Residual Cash means cash remaining in the Account or the trust fund of the Trust (including interest income derived from deposits maintained with licensed banks in Hong Kong) which has not been applied in the purchase or acquisition or subscription of Trust Shares or RSU Shares.
Residual Cash means cash remaining in the Account or the trust fund
Examples of Residual Cash in a sentence
If drawn upon, the Operating Reserve Account must be replenished to its required minimum balance prior to distributions of Residual Cash Flow.
Centralized Control of Residual Cash and Maintenance of Liquidity Portfolio.We centrally control residual cash held at Nomura Group entities for effective liquidity utilization purposes.
Centralized Control of Residual Cash and Maintenance of Liquidity PortfolioWe centrally control residual cash held at Nomura Group entities for effective liquidity utilization purposes.
The company changed its name during the financial year to Advanced Focus Fund Limited.
The Residual Cash Amount shall be paid by the Issuer to the relevant Noteholder on the Settlement Date.
More Definitions of Residual Cash
Residual Cash means the aggregate of (a) cash and cash equivalents of Seller and its Subsidiaries on the Closing Date, (b) any insurance premiums received or receivable by Seller or any of its Subsidiaries due to cancellation of or changes to policies as a result of the transactions contemplated by this Agreement and (c) the amount of Excluded Expenses paid by Seller between April 30, 2001 and the Closing Date, less (d) the amount of accrued Authorized Expenses on the Closing Date, in each case as determined in accordance with GAAP, except as set forth in and Seller's Policies; provided, however, that Residual Cash shall not include the Purchase Price.
Residual Cash means all cash, if any, received by the Borrowers or the Guarantor (or any of their Subsidiaries or Affiliates) in relation to the Vessels after the Closing Date in relation to receivables outstanding as of the Closing Date (the particulars of such receivables are set out in the receivables list attached hereto as Schedule 3);
Residual Cash means the total amount of cash in the Payment Account on such Annual Payment Date prior to the payments in accordance with the Priorities of Payment in respect of the Subordinated Notes (including payment of the Incentive Collateral Management Fee). See “The Collateral Management Agreement” and “The Collateral Manager”. Note Trustee BNY Corporate Trustee Services Limited Security Trustee BNY Corporate Trustee Services Limited Principal Paying Agent The Bank of New York Calculation Agent The Bank of New York Collateral Administrator The Bank of New York Custodian The Bank of New York Account Bank The Bank of New York Corporate Services Provider The Bank of New York Interest Rate Swap Counterparty BNP Paribas FX Liquidity Facility Provider To be determined on or after the Issue Date. Listing Agent The Bank of New York Counterparty Required Ratings Each of the Placement Agent (during the Further Issuance Period only), theInterest Rate Swap Counterparty, the Custodian, the Account Bank and each FX Hedge Counterparty shall at all times maintain certain ratings specified in the relevant Transaction Document (the "Required Ratings"). In the event that any such counterparty ceases to have the Required Ratings (a "Downgraded Counterparty"), the Issuer shall use all reasonable endeavours to take such remedial steps as shall specified in the relevant Transaction Document as being applicable to such Downgraded Counterparty. Specific provisions will apply in respect of the Interest Rate Swap Counterparty or any FX Hedge Counterparty.Notes Offered The Notes On the Issue Date, the Issuer will issue Notes with an aggregate initial Principal Amount Outstanding of the Notes of €145,000,000. Each Class of Notes will have an aggregate initial principal amount outstanding (the "Initial Principal Amount Outstanding") indicated in the table below: Class B Mezzanine Deferrable Floating Rate Notes€8,000,000Class C Mezzanine Deferrable Floating Rate Notes€6,500,000Class D Mezzanine Deferrable Floating Rate Notes€12,500,000Class E Mezzanine Deferrable Floating Rate Notes€5,500,000Class F Subordinated Notes€18,000,000Class Initial Principal Amount Outstanding Class A Senior Floating Rate Notes €94,500,000 The Notes will be issued pursuant to a Note Trust Deed dated the Issue Date (the "Note Trust Deed"), between the Issuer, Note Trustee and the Security Trustee and will be secured together with certain other liabilities of the Issuer pursuant to the Security Documents. The Class A No...
Residual Cash means the total amount of cash in the Payment Account on such Annual Payment Date prior to the payments in accordance with the Priorities of Payment in respect of the Subordinated Notes (including payment of the Incentive Collateral Management Fee).
Residual Cash means the cash remaining in the trust fund set up by the Trustee in respect of any of the Schemes not derived from the Scheme Shares, including interest income derived from deposits maintained with banks in Hong Kong. “Schemes” means collectively the Deferred Annual Bonus Scheme, the Executive Performance Share Scheme and the Performance Share Scheme. “Scheme Rules” means collectively the DAB Scheme Rules, the EPS Scheme Rules and the PS Scheme Rules. “Scheme Shares” means the Shares to be awarded to a Participating Employee as determined by the Employer in accordance with the Scheme Rules subject to the approval by the Board. “Scheme Year 2019” means the Scheme Year starting from 1 January 2019 to 31 December 2019 (both dates inclusive). “Shareholder(s)” means the shareholders of the Company. “Share(s)” means ordinary shares of HK$0.01 each in the share capital of the Company. “Stock Exchange” means The Stock Exchange of Hong Kong Limited. “Subsidiaries” means companies which are for the time being and from time to time subsidiaries (within the meaning of section 2 of the Companies Ordinance (Cap.32 Laws of Hong Kong)) of the Company, whether incorporated in Hong Kong or elsewhere. “Amended and Restated Trust Deeds” means collectively the Amended and Restated DAB Trust Deed, the Amended and Restated EPS Trust Deed and the Amended and Restated PS Trust Deed. “Trustee” means Computershare Hong Kong Trustees Limited, and any additional or replacement trustees, being the trustee or trustees appointed by the Company for theadministration of the Scheme.
Residual Cash means any remaining Available Cash after (i) paying all pre- Effective Date fees, costs and expenses pursuant to the Pre-Effective Date Budget, (ii) funding the Professional Fee Escrow Account and the Priority Claims Reserve and (iii) funding the Administrative Agent Fee Reserve.
Residual Cash being cash remaining in the Trust Fund (including interest income derived from deposits maintained with licensed banks in Hong Kong which have not been applied in the acquisition of Shares), where applicable;