Target Cash Balance definition

Target Cash Balance means, as of any date of determination, an amount, determined by the Operating Partnership in its reasonable discretion, equal to the sum of the following:

Target Cash Balance means $144,111,835.86.

Target Cash Balance means $400,000.

Examples of Target Cash Balance in a sentence

• In the event that, after review and reconciliation, the TM Effective Time Cash Balance is less than the TM Target Cash Balance, IAC shall make one or more payments to TM Spinco as promptly as practicable after the Effective Time, but in no event more than ninety (90) days after the Effective Time, totaling an amount equal to the excess of the TM Target Cash Balance over the TM Effective Time Cash Balance.

• For each category of climates, theeffectiveness of different design strategies for reducing the cooling, heating, ventilation and electric lighting energy demands are analysed (in sections 2.3-2.5).

• In the event that, after review and reconciliation, the Interval Effective Time Cash Balance is less than the Interval Target Cash Balance, IAC shall make one or more payments to Interval Spinco as promptly as practicable after the Effective Time, but in no event more than ninety (90) days after the Effective Time, totaling an amount equal to the excess of the Interval Target Cash Balance over the Interval Effective Time Cash Balance.

• In the event that, after review and reconciliation, the HSN Effective Time Cash Balance is less than the HSN Target Cash Balance, IAC shall make one or more payments to HSN Spinco as promptly as practicable after the Effective Time, but in no event more than ninety (90) days after the Effective Time, totaling an amount equal to the excess of the HSN Target Cash Balance over the HSN Effective Time Cash Balance.

• For the avoidance of doubt, (i) non-client cash and cash equivalents and marketable securities reflected in the bank statements (or their equivalents) of TM Spinco’s domestic client bank statements (or their equivalents) will be included in the calculation of the TM Target Cash Balance and (ii) client cash designated for payment to clients representing the face amount of tickets sold will not be included in the calculation of the TM Target Cash Balance.

More Definitions of Target Cash Balance

Target Cash Balance means, at any time, the lesser of $8,000,000 or an amount equal to fifty percent (50%) of the Principal Amount outstanding under this Note at such time.

Target Cash Balance means an amount equal to such amount as required to $400,000.

Target Cash Balance means the sum of: (i) the Estimated Cash Balance and (ii) the October Accrued Profit Amount;

Target Cash Balance means [***], being the aggregate cash balances of the Group Companies based on the Completion Pro Forma;

Target Cash Balance means, at any time, the lesser of $8,000,000 or an amount equal to fifty percent (50%) of the Principal Amount outstanding under this Note and the New Note at such time.”

Target Cash Balance means the sum of: (i) the Estimated Cash Balance and (ii) the October Accrued Profit Amount; "Target Working Capital" means negative [***];

Target Cash Balance means $2,500,000.