Cash Disbursements. Xxxxxxxx agrees that if it sells travellers cheques or foreign currency that Disbursements shall be limited to the value of cheques, Visa TravelMoney, or currency sold in a single transaction, plus any applicable commissions. Xxxxxxxx agrees that under no circumstances shall a Visa or MasterCard transaction represent collection of a dishonoured cheque.
Cash Disbursements. You agree that if you sell travelers cheques or foreign currency that transactions shall be limited to the value of cheques, Visa TravelMoney, or currency sold in a single transaction, plus any applicable commissions.
Cash Disbursements. At the Closing, Escrow Agent shall hold for personal pickup or shall arrange for wire transfer (i) to Seller, or order, the cash plus any proration or other credits to which Seller shall be entitled for the Property and less any appropriate proration or other charges and (ii) to Buyer, or order, any excess funds previously delivered to Escrow Agent by Buyer.
Cash Disbursements. In the absence of contrary Instructions, the Bank may make cash disbursements for minor expenses in handling securities and for similar items in connection with the Bank's duties under this Agreement. The Bank shall promptly advise the Fund of disbursements so made.
Cash Disbursements. Except for trade payables incurred in the ordinary course of business as set forth in the Cash Flow Forecasts (as defined above), no Company shall voluntarily pay, prepay, redeem, repurchase or make any other cash disbursements with respect to any principal of, or interest, dividends or other amounts owing with respect to, any junior indebtedness (including, without limitation, with respect to the RNK Notes and the Mennen Notes) or equity (including preferred equity), unless and until all Obligations under the Transaction Documents are paid in full in cash to the Lenders and the Agent, as applicable. Without limiting the generality of the foregoing, without the prior written consent of Agent, no Company shall pay any out-of-pocket fees costs or expenses incurred in connection with (or otherwise related to) the IPO other than filing fees in an aggregate amount not to exceed $25,000 required to be paid to any Governmental Authority in accordance with applicable federal and state securities laws and regulations.
Cash Disbursements. The Seller and the Executives will not cause the Company to make any disbursements of cash or any assets of material value to Executives between the Signing Date and the Closing Date, other than salary and payment and reimbursement of expenses in the Ordinary Course of Business; provided, however, that Seller and Executives shall be authorized to make disbursement of current Working Capital in excess of Three Million Seven Hundred and Fifty Thousand and 00/100 Dollars ($3,750,000.00).
Cash Disbursements. In the event Licensee is unable to establish a Depository Account, Disbursement Account or other Enterprise Bank Account in the manner contemplated by this Section 8 for any reason, Management Firm shall have exclusive responsibility for managing, maintaining and disbursing all cash receipts from the Enterprise on behalf of Licensee (including, without limitation, such cash receipts derived from all gross revenues and other proceeds connected with or arising from the Enterprise and/or the sale of all products, services, and other activities of the Enterprise) as if Licensee were able to establish such Enterprise Bank Accounts.
Cash Disbursements. During any period of two (2) consecutive ------------------ calendar months (beginning May 1, 2000), make cash expenditures (net of any Excluded Professional Fees and Severance Payments (as hereinafter defined) and without credit being given for cash received from asset sales) of greater than $2,500,000. As used herein, "Excluded Professional Fees and Severance Payments" shall mean Borrower's cash expenditures for professional fees and severance payments, which expenditures shall not exceed $1,000,000 in the aggregate absent approval of the Lender (such approval not to be unreasonably withheld).
Cash Disbursements. Evenflo agrees to establish promptly after the date hereof procedures relating to the timely settlement of cash disbursements made by E&S and its affiliates relating to payments for payroll and accounts payable made by E&S or any of its affiliates for Evenflo's account. E&S and Evenflo agree that such disbursements will be settled weekly and mode of payment will be via wire transfer in immediately available funds to an account in the United States designated by E&S.
Cash Disbursements. Escrow Holder will, at the Closing, arrange for wire transfer, (i) to Seller, or order, the Purchase Price, plus any prorations or other credits to which Seller will be entitled and less any appropriate prorations or other charges and (ii) to Buyer, or order, any excess funds theretofore delivered to Escrow Holder by Buyer.
