Applicable Cash definition

Applicable Cash means at any date (a) the aggregate amount of unrestricted cash and Cash Equivalents of the Company and the Guarantors and (b) a percentage amount of the cash and Cash Equivalents of any Domestic Subsidiary of the Company that is not a Guarantor up to the percentage of the outstanding Capital Stock of such Domestic Subsidiary held (directly or indirectly) by the Company at such date; provided, that no cash or Cash Equivalents shall be included in this clause (b) if such Domestic Subsidiary is prohibited or restricted from distributing cash or Cash Equivalents to the Company by the terms of any Contractual Obligation (other than any Note Document or the Intercompany Services Agreement) or requirement of law applicable to such Domestic Subsidiary and such Domestic Subsidiary is prohibited from making intercompany loans of its cash to the Company or a Guarantor.
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Applicable Cash means at any date the aggregate amount of unrestricted cash and Cash Equivalents of Borrower and its Subsidiaries.
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Applicable Cash means any cash and cash equivalents held by any Seller immediately prior to the Closing or received by any Seller after the Effective Time from any source except for (a) cash and cash equivalents held by Sellers immediately prior to the Closing in an amount up to, but not exceeding, $5,000,000 in the aggregate and (b) cash and cash equivalents (i) that are designated or restricted for an identified purpose by a donor that is not an Affiliate of a Seller in a written agreement or other writing that is binding on Sellers or (ii) received by or on behalf of any Seller in connection with the sale of any Excluded Assets to a Person that is not HCA or an Affiliate of HCA or (c) any proceeds from life insurance policies owned by Sellers.
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Examples of Applicable Cash in a sentence

  • Click here or Scroll to PART 2 where the Total Cash Salary has been carried to Part 2, Line 1 _ Worksheet 2 – IF Applicable: Cash Allowances (Do not include reimbursements shown in Worksheet A and B below)Report travel, education, and other reimbursed expense in section A or B if given as a receipted purchase.

  • Total Debt means, at any time, the aggregate outstanding principal or capital amount of all Financial Indebtedness.Total Group Assets means the consolidated gross assets of the Group in accordance with the latest consolidated financial statements excluding (to any extent included) any Applicable Cash and Cash Equivalents.

  • Subsidiary means a subsidiary within the meaning of Section 1159 of the Companies Act 2006.Total Debt means, at any time, the aggregate outstanding principal or capital amount of all Financial Indebtedness.Total Group Assets means the consolidated gross assets of the Group in accordance with the latest consolidated financial statements excluding (to any extent included) any Applicable Cash and Cash Equivalents.

  • Form of Monthly Invoice for the Aggregate Amount of the Applicable Cash Burn Percentage of Production Cash Burn Incurred at all Support Facilities.

  • If a corporation, identify persons owning or exercising voting control over 20% or more of the voting shares if known to the Issuer): Name of Broker Address 20% Shareholders, if Applicable Cash Received Securities Received Northbay Capital Partners Corp.

  • In the event there is a partial prepayment of Rental Payments at any time under this Agreement, the Lessor shall recalculate the “Expected Cash Subsidy Payment Determined At Commencement Date” and “Materially Reduced Applicable Cash Subsidy Payment Determined At Commencement Date” on Exhibit G for the remaining interest payment dates taking into account the reduction in principal component resulting from such partial prepayment.

  • Free Cash Deposit limit per monthFree Cash deposit per month is restricted to Rs.1.00 lac Applicable Cash Deposit Charges will be levied beyond the prescribed limit.

  • Within the 2022-2024 Conservation and Load Management Plan, there is a greater emphasis on workforce development.

  • Settlement Terms: Cash Settlement: Applicable Cash Settlement Payment Date: As provided in the Equity Definitions, unless otherwise specified in the Transaction Supplement.

  • Upon the occurrence and during the continuation of an Event of Default, all outstanding amounts (whether or not overdue) shall bear interest at a rate per annum equal to the Applicable Cash Rate plus four percent (4%) (“Default Interest”).


More Definitions of Applicable Cash

Applicable Cash. Flow Leverage Ratio (in each case, to 1.00) Fee Percentage ------------------------------------------------ -------------- Less than or equal to 2.00........................................ 0.25% Greater than 2.00................................................. 0.50% -2- Notwithstanding the foregoing, if the Borrower has not furnished the financial statements and reports required under Section 5.1(a) or 5.1(d), as applicable, for any fiscal quarter by the required date, the Applicable Fee Percentage shall be calculated as if the Cash Flow Leverage Ratio as of the end of such fiscal quarter was greater than 2.00 to 1.00 for the period from the first day of the fiscal quarter first occurring after such required date until the first day of the month following the month in which such financial statements and reports are delivered.
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Applicable Cash means at any date the aggregate amount of unrestricted cash and Cash Equivalents of (x) Borrower, (y) the Subsidiary Guarantors and (z) to the extent not exceeding the percentage of the outstanding Capital Stock of such Domestic Subsidiary held (directly or indirectly) by Borrower at such date, any Domestic Subsidiary that is not a Subsidiary Guarantor (other than Medical Developers and its Subsidiaries); provided further that no cash or Cash Equivalents may be included in this clause (z) if such Domestic Subsidiary is prohibited from distributing the cash or Cash Equivalents to the Borrower by the terms of any Contractual Obligation (other than any Loan Document) or Requirement of Law applicable to such Domestic Subsidiary and such Domestic Subsidiary is prohibited from making intercompany loans of its cash to Borrower or a Subsidiary Guarantor; provided further that, for so long as the OnCure Notes are outstanding, Applicable Cash shall not include cash or Cash Equivalents of OnCure or any of its Subsidiaries.
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Applicable Cash at any date, the aggregate amount of cash and Cash Equivalents held by Superholdings, Holdings, the Borrower and its Restricted Subsidiaries on such date subject to a perfected Lien pursuant to, and only to the extent required by, the Security Documents and to no other Lien (other than nonconsensual Liens imposed by law and permitted by Section 7.3), less the amount of additional Taxes and other costs payable or reserved against as a result of or in anticipation of the repatriation by Restricted Subsidiaries that are Foreign Subsidiaries of any such Applicable Cash to the United States, in each case determined on a consolidated basis in accordance with GAAP; provided that the amount of Applicable Cash may not exceed (x) until the earlier of (I) the date on which the initial Superholdings Notes AHYDO Payment is due and (II) the date on which no Superholdings Notes remain outstanding, $200,000,000 (out of which at least $150,000,000 (“Controlled Cash”) shall be deposited in a deposit or a securities account subject to a first priority perfected (by control) security interest in favor of the Administrative Agent; provided that, (1) the Borrower and its restricted subsidiaries may access and use Controlled Cash in their business unless a Notice of Exclusive Control is then in effect with respect thereto and (2) the amount of Controlled Cash will be reduced pro-rata if the aggregate amount of Applicable Cash is less than $200,000,000) and (y) thereafter, $50,000,000.
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Applicable Cash has the meaning set forth in the definition of “Permitted IRB Transaction”.
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Related to Applicable Cash

  • Available Cash means, with respect to any Quarter ending prior to the Liquidation Date:

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Available Cash Flow means an amount, with respect to each Fiscal Year or portion thereof during the Term, equal to the excess, if any, of the Operating Profit over the Owner’s Priority.

  • Distributable Cash means all cash, revenues and funds received by the Company from Company operations, less the sum of the following to the extent paid or set aside by the Company: (i) all principal and interest payments on indebtedness of the Company and all other sums paid to lenders; (ii) all cash expenditures incurred incident to the normal operation of the Company’s business; (iii) such Reserves as the Managers deem reasonably necessary to the proper operation of the Company’s business.

  • Distributable Cash Flow means the cash flow available for distribution to Shareholders as dividends as described under “Dividends”;

  • Eligible Cash means cash held in a segregated restricted deposit account maintained with and pledged to the Administrative Agent, for the benefit of the Lender Secured Parties, as security for the Obligations, and in which the Administrative Agent, for the benefit of the Lender Secured Parties, has a first priority perfected security interest.

  • Eligible Cash Equivalents means any of the following: (i) securities issued or directly and fully guaranteed or insured by the United States or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof) maturing not more than one year after the date of acquisition (or such other maturities if not prohibited by the Credit Agreement); (ii) time deposits in and certificates of deposit of any Eligible Bank (or in any other financial institution to the extent the amount of such deposit is within the limits insured by the Federal Deposit Insurance Corporation), provided that such investments have a maturity date not more than two years after the date of acquisition and that the average life of all such investments is one year or less from the respective dates of acquisition; (iii) repurchase obligations with a term of not more than 180 days for underlying securities of the types described in clause (i) above or clause (iv) below entered into with any Eligible Bank or securities dealers of recognized national standing; (iv) direct obligations issued by any state of the United States or any political subdivision or public instrumentality thereof, provided that such investments mature, or are subject to tender at the option of the holder thereof, within 365 days after the date of acquisition (or such other maturities if not prohibited by the Credit Agreement) and, at the time of acquisition, have a rating of at least “A-2” or “P-2” (or long-term ratings of at least “A3” or “A-”) from either S&P or Xxxxx’x, or, with respect to municipal bonds, a rating of at least MIG 2 or VMIG 2 from Xxxxx’x (or equivalent ratings by any other nationally recognized rating agency); (v) commercial paper of any Person other than an Affiliate of the Company and other than structured investment vehicles, provided that such investments have a rating of at least A-2 or P-2 from either S&P or Xxxxx’x and mature within 180 days after the date of acquisition (or such other maturities if not prohibited by the Credit Agreement); (vi) overnight and demand deposits in and bankers’ acceptances of any Eligible Bank and demand deposits in any bank or trust company to the extent insured by the Federal Deposit Insurance Corporation against the Bank Insurance Fund; (vii) money market funds (and shares of investment companies that are registered under the Investment Company Act of 1940) substantially all of the assets of which comprise investments of the types described in clauses (i) through (vi); (viii) United States dollars, or money in other currencies received in the ordinary course of business; (ix) asset-backed securities and corporate securities that are eligible for inclusion in money market funds; (x) fixed maturity securities which are rated BBB- and above by S&P or Baa3 and above by Xxxxx’x; provided such investments will not be considered Eligible Cash Equivalents to the extent that the aggregate amount of investments by the Company and its Subsidiaries in fixed maturity securities which are rated BBB+, BBB or BBB- by S&P or Xxx0, Xxx0 or Baa3 by Xxxxx’x exceeds 20% of the aggregate amount of their investments in fixed maturity securities; and (xi) instruments equivalent to those referred to in clauses (i) through (vi) above or funds equivalent to those referred to in clause (vii) above denominated in Euros or any other foreign currency customarily used by corporations for cash management purposes in jurisdictions outside the United States to the extent advisable in connection with any business conducted by the Company or any Subsidiary, all as determined in good faith by the Company.

  • Net Loss Proceeds means the aggregate cash proceeds received by the Company or any of its Restricted Subsidiaries in respect of any Event of Loss, including, without limitation, insurance proceeds, condemnation awards or damages awarded by any judgment, net of:

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 1.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Net Proceeds Amount means, with respect to any Transfer of any property by any Person, an amount equal to the difference of

  • Net Asset Sale Proceeds means, with respect to any Asset Sale, an amount equal to (i) cash payments (including any cash received by way of release from escrow or deferred payment pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received) received by Holdings, any Borrower or any of the Restricted Subsidiaries from such Asset Sale, minus (ii) any bona fide direct costs incurred in connection with such Asset Sale, including (a) sales, transfer, income, gains or other taxes payable (or estimated in good faith by Holdings to become payable) in connection with such Asset Sale, (b) payment of the outstanding principal amount of, premium or penalty, if any, and interest on any Indebtedness (other than the Loans, any Junior Financing, any Credit Agreement Refinancing Indebtedness or any First Lien Indebtedness) that is secured by a Lien on the Equity Interests or assets in question and that is required to be repaid under the terms thereof as a result of such Asset Sale, (c) a reasonable reserve established in accordance with GAAP against any adjustment to the sale price or any liabilities (other than any taxes deducted pursuant to clause (a) above) (x) related to any of the applicable assets and (y) retained by the Borrowers or applicable Restricted Subsidiary, including, without limitation, pension and other post-employment benefit liabilities related to environmental matters or for any indemnification payments (fixed or contingent) attributable to seller’s indemnities and representations and warranties to purchaser in respect of such Asset Sale undertaken by Holdings, any Borrower or any of the Restricted Subsidiaries in connection with such Asset Sale; provided, upon release of any such reserve, the amount released shall be considered Net Asset Sale Proceeds, (d) the out of pocket expenses, costs and fees incurred with respect to legal, investment banking, brokerage, advisor and accounting and other professional fees, sales commissions and disbursements, survey costs, title insurance premiums and related search and recording charges, in each case actually incurred in connection with such sale or disposition and payable to a Person that is not an Affiliate of Holdings, (e) in the case of any Asset Sale by a non-wholly-owned Restricted Subsidiary, the pro rata portion of the Net Asset Sale Proceeds thereof (calculated without regard to this clause (e)) attributable to minority interests and not available for distribution to or for the account of any Borrower or a wholly-owned Restricted Subsidiary as a result thereof and (f) in the case of any such cash payments received (or subsequently received) by any Foreign Subsidiary, any taxes that would be payable (or estimated in good faith by Holdings to become payable) in connection with the repatriation of such cash proceeds to any Borrower or any Guarantor Subsidiary.

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

  • Class A Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class A Invested Amount less the Principal Funding Account Balance (but not in excess of the Class A Invested Amount) on such date.

  • Class B Adjusted Invested Amount means, with respect to any date of determination, an amount equal to the Class B Invested Amount less the positive difference, if any, between the Principal Funding Account Balance and the Class A Invested Amount on such date.

  • Working Capital Surplus means the amount by which the Working Capital is greater than the Target Working Capital Amount.

  • Net Sale Proceeds means, with respect to any Asset Sale (including, without limitation, any cash or Cash Equivalents received upon the sale or other disposition of any Designated Non-cash Consideration received in any Asset Sale), an amount in cash equal to the gross cash proceeds (including any cash received by way of deferred payment pursuant to a promissory note, receivable or otherwise, but only as and when received) received from such Asset Sale, net of (i) costs of, and expenses associated with, such Asset Sale (including fees and commissions), (ii) any taxes paid or payable as a result of such Asset Sale (including Lead Borrower’s good faith estimate of any incremental income taxes that will be payable as a result of such Asset Sale, including pursuant to tax sharing arrangements or any tax distributions), (iii) payments of unassumed liabilities relating to the assets sold and required payments of any Indebtedness or other obligations (other than the Loans and Indebtedness secured on a pari passu or junior basis to the Loans) which are secured by the assets which were sold or would be in default under the terms thereof as a result of such Asset Sale), (iv) amounts provided as a reserve in accordance with U.S. GAAP against any liabilities under any indemnification obligation or purchase price adjustment associated with such Asset Sale (provided that to the extent and at the time any such amounts are released from such reserve to Lead Borrower or any of its Restricted Subsidiaries, such amounts shall constitute Net Sale Proceeds), (v) cash escrows from the sale price for such Asset Sale (provided that to the extent and at the time any such amounts are released from escrow to Lead Borrower or any of its Restricted Subsidiaries, such amounts shall constitute Net Sale Proceeds) and (vi) to the extent such Asset Sale involves any disposition of Investments made after the First Restatement Effective Date, the permissibility of which was contingent upon the utilization of the Available Amount, the portion of the Available Amount so utilized in connection with such initial Investment.

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • Gross Sales Proceeds with respect to each sale of Shares shall be the Gross Sales Price multiplied by the number of Shares sold;

  • 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).

  • Surplus Amount means [***].

  • Net Losses means, for each fiscal year or other period, an amount equal to the Partnership's taxable income or loss for such year or period determined in accordance with Code Section 703(a) (for this purpose, all items of income, gain, loss or deduction required to be stated separately pursuant to Code Section 703(a)(1) shall be included in taxable income or loss), with the following adjustments:

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Net Disposition Proceeds means, with respect to any sale, transfer or other disposition of any assets of the Borrower, any Parent Guarantor or any of their respective Subsidiaries (other than sales permitted pursuant to clause (a), (b) or (c) of Section 7.2.9), the excess of

  • Cash Flow Distribution Amount As to any calendar month, the aggregate amount of principal distributable in respect of the Mortgage Securities in such calendar month.