Company Cash definition

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

Company Cash means all cash and cash equivalents of the Company (including marketable securities and short-term investments), in each case determined in accordance with GAAP.

Company Cash means the aggregate amount of all cash and cash equivalents of the Company and its Subsidiaries, less an amount of cash necessary to cover all outstanding checks and wire transfers determined on a consolidated basis in accordance with GAAP.

Examples of Company Cash in a sentence

• After impairment, depreciation is provided on the revised carrying amount of the asset over its remaining useful life.The Company bases its impairment calculation on detailed budgets and forecast calculations, which are prepared separately for the Company Cash Generating Unit (CGU) to which the individual assets are allocated.

• The following are the significant accounting policies adopted by the Company: Cash and Cash EquivalentsCash in the Statements of Assets and Liabilities comprises cash at bank and on hand.

• Redeeming Shareholders and Shareholders entitled to such distributions will be unsecured creditors of the Company, and will not benefit from any appreciation in the NAV of the Company or any other Holder rights (including further dividend entitlement), with respect to the redemption or distribution amount held in the Company Cash Subscription and Redemption Account.

• After impairment, depreciation is provided on the revised carrying amount of the asset over its remaining useful life.The Company bases its impairment calculation on detailed budgets and forecast calculations, which are prepared separately for the Company Cash Generating Unit’s (CGU) to which the individual assets are allocated.

• Available from: https://www.tandfonline.com/action/journalInformation?journalCode=ists204.

More Definitions of Company Cash

Company Cash means, as of 12:01 a.m., Eastern Time, on the Closing Date, an amount equal to all Cash and Cash Equivalents of the Group Companies.

Company Cash means the aggregate amount of the Company’s unrestricted cash and cash equivalents on hand as of the Closing Date calculated in accordance with IFRS and as set forth in the Closing Balance Sheet.

Company Cash means cash and cash equivalents of the Company and its Subsidiaries in accordance with GAAP; provided that Company Cash shall be net of the amount of outstanding checks, drafts of wire transfers (including any overdrawn accounts) and exclude any cash which is not freely usable to a subsequent purchaser or equity holder of the Company and/or its Subsidiaries because it is subject to restrictions or limitations on use or distribution by law or contract, including amounts held in escrow or as a deposit; provided, further, notwithstanding anything to the contrary, Company Cash shall in no event be less than zero.

Company Cash means the aggregate amount of all cash and cash equivalents of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP. For the avoidance of doubt, cash and cash equivalents shall specifically include marketable securities, short-term deposits, short-term investments, cash held in any jurisdictions, restricted cash, and any uncleared checks and drafts or other wire transfers received or deposited or available for deposit for the account of the Company or its Subsidiaries that are not yet credited to the account of the Company or its Subsidiaries.

Company Cash means all cash, cash equivalents, liquid investments and marketable securities of the Company, plus all deposited but uncleared bank deposits of the Company and less all outstanding undrawn checks of the Company.

Company Cash means the sum of the fair market value (expressed in United States dollars) of all cash and cash equivalents (including marketable securities and short-term investments) of the Group Companies as of immediately prior to the Effective Time, as set forth in the Allocation Schedule. For avoidance of doubt, Cash shall include checks and drafts received or deposited for the account of Company and not credited to the account of the Company; provided, however, that Cash shall be reduced by the amount of all outstanding checks and drafts issued by the Company that are issued or outstanding at such time.

Company Cash means, as of any date, the aggregate amount of the Company’s cash and cash equivalents on hand or in bank accounts and investments held to maturity as of such date, minus the aggregate amount of outstanding and unpaid checks issued by the Company as of such date.