Minimum Cash definition

Minimum Cash means Cash and Cash Equivalents held by the Group.

Minimum Cash means $1,000,000.

Minimum Cash means at any date, an amount equal to the lesser of (a) the aggregate amount of unrestricted cash and Cash Equivalents held by Group Members at such date, and (b) $160,000,000.

Examples of Minimum Cash in a sentence

• Nevertheless, Patent Owner must confer with the Board before filing such a motion.

• The approved budget, as amended, and the Minimum Cash Balance shall be invoiced by the Finance Agent as provided for in Section 6.

• If the Cash Settlement Amount in respect of a Security is an amount equal to or less than the Minimum Cash Settlement Amount, no Cash Settlement Amount shall be paid by the Issuer and such Security shall expire worthless.

• Pursuant to the Founder Holders Forfeiture Agreement, the Founders have agreed to forfeit for no consideration up to 1,035,000 Class A Shares (which Class A Shares are issued immediately prior to the Closing upon the automatic conversion of the Class B Shares held by the Founders), in the aggregate, to the extent that the Minimum Cash is less than $415,000,000, as more fully described in the Founder Holders Forfeiture Agreement.

• Minimum Cash Holding means the cash held in your Account in addition to any cash held in the Model Portfolio(s) which may be used to maintain your Account.

More Definitions of Minimum Cash

Minimum Cash means $500,000.

Minimum Cash means an amount equal to $37,000,000 less the amount of Designated LC Company Cash.”

Minimum Cash. At-all-times, Borrower shall have a minimum total available cash balance, in Deposit Accounts (excluding any restricted accounts) for which ORIX maintains control agreements sufficient to perfect ORIX’s security interest in said Deposit Accounts, of at least $1,500,000.00, until such time as Borrower generates positive trailing three-month free cash flow from operations less capital expenditures for two consecutive quarters; provided, that this financial covenant would be reinstated should the trailing three-month free cash flow from operations less capital expenditures become negative in any fiscal quarter.

Minimum Cash means, with respect to the Company and its Subsidiaries on a consolidated basis, at any point in time, an amount of Cash equal to the product of (i) the Deferred Tour Revenue of the Company and its Subsidiaries on a consolidated basis multiplied by (ii) forty percent (40%).

Minimum Cash has the meaning ascribed to such term in Clause 20.18 (Minimum Cash Balances).

Minimum Cash means US$1,000,000.00 in cash.

Minimum Cash has the meaning specified in Section 2.9. -----------