Cash Investments Sample Clauses

Cash Investments. (a) On the terms and subject to the conditions set forth in this Agreement, from time to time prior to the Facility Termination Date: (i) Seller may request that the Purchaser make Cash Investments in Undivided Interests in the Purchased Assets in accordance with Section 1.21.3(b), and (ii) the Purchaser hereby agrees to make such Cash Investments by wiring the applicable funds to the Facility Account; provided that under no circumstances shall the Purchaser make any Cash Investment if, after giving effect thereto, an Investment Excess would exist and be continuing.
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Cash Investments. All cash, cash equivalents and other short-term investments in the Company or PHPI; provided that such cash, cash equivalents and other short-term investments shall be sufficient (i) to attain statutory net worth, including, without limitation, deposits required of the PHP Group by the State of Florida or otherwise required by Florida statute and regulation or the Medicaid Contract, the Summit Contract or the FHK Contracts to be owned by the PHP Group, (ii) to attain a Closing Book Value of the Required Net Worth and (iii) to equal or exceed the accrued expenses, payables and other current liabilities as reflected on the Closing Balance Sheet (all without duplication);
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Cash Investments. Section 2.1(d) of the Agreement shall be deleted in its entirety and replaced with the following:
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Cash Investments. All cash, cash equivalents and other short-term investments in the Company or PHPI; provided that such cash, cash equivalents and other short-term investments, which together with any additional capital contributions equal to any Deficit required to be made by Buyer on behalf of the Shareholders in accordance with the terms of the Agreement and this Amendment, shall be sufficient (i) to attain statutory net worth, including, without limitation, deposits required of the PHP Group by the State of Florida or otherwise required by Florida statute and regulation or the Medicaid Contract, the Summit Contract or the FHK Contracts to be owned by the PHP Group, and (ii) to attain a Closing Book Value of the Required Net Worth. Such cash (including, without limitation, any additional capital contributions equal to any Deficit required to be made by Buyer in accordance with the provisions hereof) cash equivalents and other short-term investments in the Company and PHPI shall equal or exceed the accrued expenses, payables and other current liabilities as reflected on the Closing Balance Sheet (all without duplication);”
Sample 1
Cash Investments. Except as to Excluded Assets, the Borrower will, and will cause each Guarantor to, maintain any and all Cash Equivalents other than bank deposits in such manner as may be required to ensure that the Administrative Agent at all times holds a duly perfected first and sole security interest therein as security for the Obligations.
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Cash Investments. To keep such portion of the Trust Fund in cash or cash balances as the Trustee may, from time to time, deem to be in the best interests of the Plan, without liability for interest thereon;
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Cash Investments. All xxxxx cash, cash on deposit, and funds in payroll accounts, and all certificates of deposit, bonds, stock and other securities and investments of Seller.
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Cash Investments. As of the Effective Date, each Member has made the cash Capital Contributions set forth opposite such Member’s name under the heading “Cash Investment” on the Information Exhibit and the LLC has issued the Units to such Members as set forth on the Information Exhibit. In addition, within thirty (30) days following the Effective Date and within ninety (90) days following the Effective Date or sooner if requested by the Board (each an “EcoReady Additional Contribution Date”), EcoReady shall make an additional Capital Contribution set forth opposite its name on the Information Exhibit (the “EcoReady Additional Contributions”) to satisfy their Capital Investment Commitment set forth on the Information Exhibit. In the event EcoReady fails to make any EcoReady Additional Contribution in full on or before the applicable EcoReady Additional Contribution Date, EcoReady’s Interest shall be automatically reduced proportionally based on the ratio (expressed as a percentage) of which the EcoReady Additional Contribution(s) that was not made bears to the EcoReady’s Capital Investment Commitment set forth on the Information Exhibit. By way of example, EcoReady’s Capital Investment Commitment set forth on the Information Exhibit is $1,000,000 and if the EcoReady Additional Contribution that EcoReady fails to make is $250,000, then EcoReady’s Interest shall be automatically reduced by 25% to an Interest equal to 30% (i.e., $250,000/$1,000,000 x 40%). As of the Effective Date, each Member’s Capital Account is reflected opposite such Member’s name under the heading “Capital Account” on the Information Exhibit. Such initial Capital Account of each Member as of the Effective Date reflects all transactions contemplated in this Agreement.
Sample 1
Cash Investments. The Company, from time to time, may deposit cash with financial or other institutions. The Advisor, as agent for the Company, may direct such institutions to invest such cash in money market accounts, short term interest bearing accounts, repurchase agreements, or other interest bearing financial instruments (collectively, the "Cash Investments") in accordance with criteria established from time to time by the Board of Directors. Such Cash Investments shall not be subject to any additional fees payable to Advisor.
Sample 1

Related to Cash Investments

  • Cash Equivalents As of any date, (i) securities issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality thereof having maturities of not more than one year from such date, (ii) time deposits and certificates of deposits having maturities of not more than one year from such date and issued by any domestic commercial bank having, (A) senior long term unsecured debt rated at least A or the equivalent thereof by S&P or A2 or the equivalent thereof by Xxxxx’x and (B) capital and surplus in excess of $100,000,000.00; (iii) commercial paper rated at least A-1 or the equivalent thereof by S&P or P-1 or the equivalent thereof by Xxxxx’x and in either case maturing within one hundred twenty (120) days from such date, and (iv) shares of any money market mutual fund rated at least AAA or the equivalent thereof by S&P or at least Aaa or the equivalent thereof by Xxxxx’x.

  • Restricted Investments Make any Restricted Investment.

  • Distributions; Capital Change; Restricted Investments Neither the Borrower nor any of its Subsidiaries shall (i) directly or indirectly declare or make, or incur any liability to make, any Distribution, except Distributions to the Borrower by its Subsidiaries, (ii) make any change in its capital structure which could have a Material Adverse Effect or issue any capital stock other than common stock or (iii) make any Restricted Investment.

  • Temporary Investments The Adviser shall, in its sole discretion, temporarily place proceeds from offerings by the Corporation into short term, highly liquid investments which, in its reasonable judgment, afford appropriate safety of principal during such time as it is determining the composition and allocation of the portfolio of the Corporation and the nature, timing and implementation of any changes thereto pursuant to Section 1(b); provided however, that the Adviser shall be under no fiduciary obligation to select any such short-term, highly liquid investment based solely on any yield or return of such investment. The Adviser shall cause any proceeds of the offering of the Corporation’s securities not committed for investment within the later of two years from the initial date of effectiveness of the Registration Statement or one year from termination of the offering, unless a longer period is permitted by the applicable Administrator, to be paid as a distribution to the stockholders of the Corporation as a return of capital without deduction of Front End Fees (as defined below).

  • Unrestricted Cash and Cash Equivalents As of any date of determination, the sum of (a) the aggregate amount of Unrestricted cash and (b) the aggregate amount of Unrestricted Cash Equivalents (valued at fair market value). As used in this definition, “Unrestricted” means the specified asset is readily available for the satisfaction of any and all obligations of such Person. For the avoidance of doubt, Unrestricted Cash and Cash Equivalents shall not include any tenant security deposits or other restricted deposits.

  • Cash and Cash Equivalents Cash and cash equivalents shall be preserved, and expended, solely in the ordinary and usual course of business.

  • Restricted Investment Make or have, or permit any Subsidiary of Borrower to make or have, any Restricted Investment.

  • Acquisitions and Investments The Borrower will not, nor will it permit any Subsidiary to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Acquisition of any Person, except:

  • Cash Any U.S. dollars available to the Depositary resulting from a cash dividend or other cash distribution or the net proceeds of sales of any other distribution or portion thereof authorized in this paragraph (10) ("Cash"), on an averaged or other practicable basis, subject to (i) appropriate adjustments for taxes withheld, (ii) such distribution being impermissible or impracticable with respect to certain Holders, and (iii) deduction of the Depositary's expenses in (1) converting any foreign currency to U.S. dollars by sale or in such other manner as the Depositary may determine to the extent that it determines that such conversion may be made on a reasonable basis, (2) transferring foreign currency or U.S. dollars to the United States by such means as the Depositary may determine to the extent that it determines that such transfer may be made on a reasonable basis, (3) obtaining any approval or license of any governmental authority required for such conversion or transfer, which is obtainable at a reasonable cost and within a reasonable time and (4) making any sale by public or private means in any commercially reasonable manner. (b)

  • Distributions; Investments Directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so. Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock.

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