Up-Front Cash definition

Up-Front Cash means cash paid at closing (including any pre-closing downpayment) in connection with a Permitted Acquisition.
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Up-Front Cash means cash paid at closing (including any pre-closing down-payment) in connection with a Permitted Acquisition.
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Up-Front Cash means cash paid at closing (including any pre-closing downpayment) in connection with a Permitted Acquisition. “Wells Fargo” shall mean Wells Fargo Foothill, Inc., a California corporation.
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Examples of Up-Front Cash in a sentence

  • Claims of employees terminated on or before the Effective Date for accrued vacation (including, without limitation, those set forth on Exhibit B hereto), shall be paid by the Liquidating Trust from the Up-Front Cash Consideration on or soon after the Effective Date as reasonably practicable.

  • The Liquidating Trust shall, from the Up-Front Cash Consideration, on or as soon after the Effective Date as reasonably practicable, pay to each terminated employee identified on Exhibit B hereto the termination payment set forth beside his or her title in recognition of each such employee’s efforts to facilitate consummation of the Plan Sponsorship Transaction.

  • Under BDCM’s Plan, each Holder of an Allowed General Unsecured Claim shall be permitted to elect the Up-Front Cash Option, Combination Cash Option or Equity Option.

  • General Unsecured Creditors will generally recognize gain or loss in an amount equal to the difference between (i) the amount of cash received pursuant to the Up-Front Cash Option or the Combination Cash Option, or the fair market value of the Reorganized GSC Group Stock received pursuant to the Equity Option, and (ii) the General Unsecured Creditor’s adjusted tax basis in its Claim.

  • Each Holder of an Allowed General Unsecured Claim shall be permitted to elect the Up-Front Cash Option, the Combination Cash Option or the Equity Option.

  • State-Waters Sub- ComponentOther sub-componentScallopsGroundfish Sub-ACLComm.

  • On or shortly after the Effective Date, the Holders of Allowed General Unsecured Claims electing the Up-Front Cash Option will receive a portion of the $6.6 million of Up-Front Option Plan Cash available for distribution to unsecured creditors, less the amount of cash used to pay Allowed Unsecured Claims senior in priority, such as Priority Tax Claims.

  • If a Holder of a General Unsecured Claim, whether Disputed or Allowed, does not elect either the Up-Front Cash Option, the Combination Cash Option or the Equity Option on or before (i) the Voting Deadline or (ii) solely with respect to rejected executory contracts discussed in Section 6.2 of the Plan, the Rejection Claim Deadline, such Holder will be deemed to have elected the Up-Front Cash Option.

Related to Up-Front Cash

  • Final Cash has the meaning set forth in Section 3.2(b).

  • Net Cash means (a) the sum of Tigris’ and its Subsidiaries’ cash and cash equivalents, marketable securities, accounts and interest receivable and deposits (to the extent refundable to Tigris), in each case as of the close of business on the last Business Day prior to the date of determination, determined in a manner consistent with the manner in which such items were historically determined and in accordance with Tigris’ Audited Financial Statements and Unaudited Interim Balance Sheet minus (b) the sum of Tigris’ and its Subsidiaries’ accounts payable and accrued expenses (other than accrued expenses listed below), in each case as of such date and determined in a manner consistent with the manner in which such items were historically determined and in accordance with Tigris’ Audited Financial Statements and Unaudited Interim Balance Sheet minus (c) the cash cost of any change of control payments or severance payments that are or become due to any employee of Tigris or its Subsidiaries minus (d) the cash cost of any accrued and unpaid retention payments due to any employee of Tigris or its Subsidiaries as of the Closing Date, minus (e) any remaining fees and expenses (including, but not limited to, any attorney’s, accountant’s, financial advisor’s or finder’s fees) as of such date for which Tigris or any of its Subsidiaries is liable incurred by Tigris or any of its Subsidiaries in connection with this Agreement and the Contemplated Transactions or otherwise minus (f) the fees and expenses of the Accounting Firm allocated to Tigris pursuant to Section 1.6(e), minus (g) any bona fide current liabilities payable in cash, in each case to the extent not cancelled at or prior to the Determination Date; provided that in no event shall any liabilities or accruals relating to the Legal Proceeding described on Schedule D hereto be taken into account as a reduction in Net Cash, minus (h) any unpaid amounts payable by Tigris in satisfaction of its obligations under Section 5.7(c) for the period after the Closing, plus (i) the amount of any outstanding principal and accrued interest under the Tigris Note as of the Anticipated Closing Date in excess of $3,508,750, plus (j) any amounts due to be reimbursed to Tigris by Potomac pursuant to Section 9.3(a).

  • Trapped Cash means any cash, checks, rental deposits and bank credit balances that are subject to any restrictions or local exchange control, Tax or other requirements, such that the full amount of such deposits cannot be accessed within 90 days (for the avoidance of doubt, any cash, checks, rental deposits and bank credits balances that are subject statutory reserve that the Company’s PRC Subsidiaries are required to set aside pursuant to PRC laws shall be not be treated as “Trapped Cash”); provided, that any amounts that are subject to short term investments or time deposits with maturities less than 363 days as of any relevant time of determination shall not be deemed “Trapped Cash” unless after such maturity, they would be subject to any of the aforesaid restrictions.

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • 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).

  • Acceptable earned value management system means an earned value management system that generally complies with system criteria in paragraph (b) of this clause.

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

  • Escrow Cash is defined in Section 4.1(a).

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

  • Earned value management system means an earned value management system that complies with the earned value management system guidelines in the ANSI/EIA-748.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

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

  • Disposable earnings means that part of the earnings of an

  • 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:

  • Umbrella Cash Account means (a) a cash account designated in a particular currency opened

  • 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.

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Free Cash means the aggregate book value of the holdings which at all times are available for the Issuer of any:

  • AHYDO Catch-Up Payment means any payment, including payments made on subordinated debt obligations, in each case to the extent such payment is necessary to avoid the application of Section 163(e)(5) of the Code.

  • 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).

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Cash Balances means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash;

  • Cash Payment System means a payment system that generates any transfer of funds through a transaction originated by cash, check, or similar paper instrument. This includes electronic payments to a financial institution or clearing house that subsequently issues cash, check, or similar paper instrument to the designated payee.