Restricted Cash definition

Restricted Cash means cash and Cash Equivalents held by Restricted Subsidiaries that is contractually restricted from being distributed to the Borrower.

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Restricted Cash means cash and cash equivalents, within the meaning of the AAS, that are not available for use other than for a purpose for which it is restricted, and includes cash to be used to fund capital works expenditure from the previous financial year

Restricted Cash means for any Person, any amount of cash of such Person that is contractually required to be set aside, segregated or otherwise reserved.

Examples of Restricted Cash in a sentence

• For the avoidance of doubt, the Loan Parties will immediately replenish the Restricted Cash Account with any amounts necessary to maintain compliance with this Section 7.20, notwithstanding that any funds in the Restricted Cash Account may have been previously remitted to the Borrowers in accordance with the terms of this Agreement.

• For the avoidance of doubt, the Loan Parties shall be required to replenish the Restricted Cash Account with such amounts as may be necessary to comply with the Financial Covenants in Section 7.7(b) or Section 7.7(c).

• For the avoidance of doubt, the Loan Parties will immediately replenish the Restricted Cash Account with any amounts necessary to maintain compliance with this Section 7.20, notwithstanding that any funds in the Restricted Cash Account may have been previously remitted to Borrowers in accordance with the terms of this Agreement.

More Definitions of Restricted Cash

Restricted Cash means any cash which is not freely usable by the Buyer at Closing because it is subject to restrictions, limitations or taxes on use or distribution by Law, contract or otherwise, including without limitation, restrictions on dividends, collateral for letters of credit, and repatriations or any other form of restriction.

Restricted Cash means cash in escrow accounts or which is otherwise subject to any other contractual or legal restriction that impairs the ability of the owner of such cash to freely transfer or use such cash for any lawful purpose.

Restricted Cash means cash and Cash Equivalents held by the Issuer and its Restricted Subsidiaries that is contractually restricted from being distributed to the Issuer, except for such restrictions that are contained in agreements governing Indebtedness permitted under this Indenture and that is secured by such cash or Cash Equivalents, or are classified as “restricted cash” on the consolidated balance sheet of the Issuer prepared in accordance with GAAP.

Restricted Cash means cash and Cash Equivalents held by Restricted Subsidiaries that is contractually restricted from being distributed to the Issuer, except for such restrictions that are contained in agreements governing Indebtedness permitted under this Indenture and that is secured by such cash or Cash Equivalents.

Restricted Cash means cash and cash equivalents held by the Company and its Subsidiaries that would appear as “restricted” on a consolidated balance sheet of the Company or any of its Subsidiaries.

Restricted Cash means all Cash that is not freely useable and available to the Company Group (other than the Company Group GP Entities) because it is subject to restrictions or limitations on use or distribution either by contract or for regulatory or legal purposes.

Restricted Cash means cash and cash equivalents that are reserved and unavailable for immediate or general business use pursuant to law or contractual agreement.