Segregated Cash definition

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Segregated Cash means the Cash of the Debtors held in segregated collateral accounts.

Segregated Cash means any cash held by any Subject Company as of the effective time of the Closing that (x) was received by any Subject Company from a customer and (y) under rules promulgated by the PUCT after the date of this Agreement, is required to be maintained as of the effective time of the Closing in a segregated account pending application.

Examples of Segregated Cash in a sentence

Upon any termination (i) any cash or Funding Shares not previously cancelled, other than Segregated Cash or Segregated Shares, shall be returned to ▇▇▇▇▇, and (ii) the shutdown of Rainbow DBS shall be implemented immediately.
The Segregated Cash Account will be maintained until the True-Up Payment is paid in full.
Notwithstanding the foregoing, Spin-Off NewCo may not withdraw funds from the Segregated Cash Account to the extent the portion of the Net Proceeds realized by the Purchaser is not in excess of $20,000.
Upon payment in full of the True-Up Payment, any portion of the Segregated Cash Account not used to pay the True-Up Payment will be transferred to the Company or Spin-Off NewCo (in the event that the transactions contemplated by the Merger Agreement have been consummated).
The Arena Entities shall receive written confirmation that the amount set forth in the Segregated Cash Account is equal to $1,250,000.
Segregated Cash and Deposits increased due to an increase in customer cash balances, coupled with a decrease in the level of customers trading on margin.
Pursuant to the plan of reorganization and as soon as practicable following the Distribution Date, Parent will distribute the Segregated Cash Amount, and all remaining amounts in the above-described segregated account, to Parent’s creditors in retirement of outstanding Parent indebtedness (the “Parent Cash Distribution”).
Upon payment in full of the True-Up Payment and all unpaid liquidated damages and other amounts due in respect of the Preferred Stock, any portion of the Segregated Cash Account not used to pay the True-Up Payment will be transferred to the Corporation and any remaining outstanding shares of Preferred Stock will be cancelled with no further obligations of the Corporation to the Holders thereunder, without any further action on behalf of the Corporation or the Holders.
The CFO shall use the Segregated Cash and Segregated Shares to pay the costs associated with the actions that gave rise to the segregation.
The Arena Entities shall receive written confirmation that the amount set forth in the Segregated Cash Account is equal to $850,000.00.

More Definitions of Segregated Cash

Segregated Cash means all cash and qualified cash equivalents segregated on the balance sheet of the Broker-Dealer Regulated Subsidiary under Rule 15(c)3-3 of the Exchange Act.

Segregated Cash means, as of any date of determination, all cash and “qualified” cash equivalents segregated on the balance sheet of the Broker-Dealer Regulated Subsidiary as of such date under SEC Rule 15c3-3. “Senior 2025 Notes” shall mean the 5.750% unsecured senior notes due 2025 of the Borrower issued pursuant to the Senior 2025 Notes Indenture. “Senior 2027 Notes” shall mean the 4.625% unsecured senior notes due 2027 of the Borrower issued pursuant to the Senior 2027 Notes Indenture. “Senior 2025 Notes Documents” means the Senior 2025 Notes Indenture and the other transaction documents referred to therein (including the related guarantee, the notes and the notes purchase agreement), including the supplements thereto entered into on or around the Second Amendment Effective Date. “Senior 2027 Notes Documents” means the Senior 2027 Notes Indenture and the other transaction documents referred to therein (including the related guarantee, the notes and the notes purchase agreement), including the supplements thereto entered into on or around the