Operating Cash. Flow: for any period for each Borrower, the net income of such Borrower for such period:
Operating Cash means, without duplication, (a) cash maintained in the cash registers in the Stores in the normal course of business and consistent with past practices, (b) minimum balances maintained in DDAs consistent with past practices, and (c) minimum balances maintained in Blocked Accounts consistent with past practices, provided that Operating Cash described in the foregoing clauses (b) and (c) shall not exceed $500,000 in the aggregate at any time.
Operating Cash means all teller working cash, xxxxx cash, vault cash and any other cash of HRB Bank located at the Bank Office or in the ATM, as of the close of business on the Closing Date.
Examples of Operating Cash in a sentence
Operating Cash Flow is defined as Net cash provided by operating activities before changes in operating assets and liabilities and other non-cash items.
We define Operating Cash Flow as operating income (loss) before depreciation and amortization, excluding impairment charges related to fixed and intangible assets and gains or losses on the sale of assets, if any.
Available Operating Cash shall be distributed to the Partners as determined by the General Partner in its sole and absolute discretion in accordance with their respective Percentage Interests as of the applicable Partnership Record Date.
Operating Cash Flow Margin is defined as Operating Cash Flow as a percentage of revenue.
Operating Cash Flow is equivalent to cash provided by (used in) operating activities.
More Definitions of Operating Cash
Operating Cash means with respect to the Borrower, at any time, an amount equal to (a) Cash plus equivalents (including, credit card receivables) minus (b) the sum of (i) any amount accrued to pay taxes and (ii) those portions of Current Liabilities that are overdue or otherwise aged beyond thirty (30) days.
Operating Cash means Parent’s operating cash and Cash Equivalents on hand for its business and operations.
Operating Cash means, as of any date, any Cash held as of such date by each Transferred Company or Subsidiary thereof listed on the attached Schedule V in an amount not to exceed the amount of cash set forth opposite the name of such Transferred Company or Subsidiary thereof on the attached Schedule V.
Operating Cash means (i) all cash sitting in or still in the process of being cleared in the operating bank accounts of Bengal and its Subsidiaries that are used for the purpose of collecting and disbursing cash as part of the ongoing daily operation of the Bengal Business and form part of the daily cash concentration process pursuant to which any cash remaining at the end of each Business Day is automatically swept in the Ordinary Course to an account holding Non-Operating Cash (it being understood that such cash shall become Non-Operating Cash only if and to the extent it is so swept in the Ordinary Course or is swept cash that had been posted as collateral in respect of letters of credit) and (ii) all cash posted as collateral for lease obligations, FLA commitments, rights of way, insurance and surety deposits or any other similar such deposits posted as security for payment obligations (but excluding, for the avoidance of doubt, all cash that had been posted as collateral in respect of letters of credit).
Operating Cash means, with respect to any fiscal quarter for which such calculation is being made, an amount equal to the Cash Flow generated for such fiscal quarter, less the Required Reserve for such fiscal quarter.
Operating Cash. Flow" in Section 1.1 of the Credit Agreement is hereby amended in full to read as follows:
Operating Cash shall be defined as the average (by reference to the two (2) year period prior to the applicable time of determination) and seasonally adjusted level of cash (from whatever source, including amounts borrowed under any working capital facility or amounts constituting Aggregate Consideration) historically maintained in the ordinary course of business by IBC and its subsidiaries as working capital as determined in good faith by the Board and set forth in a written notice from the Board to the Executive, together with supporting schedules and calculations in reasonable detail.