Available Cash. as of any Distribution Date, (a) all cash and cash equivalents of the Company on hand on such date, less (b) the amount of any cash reserves determined to be appropriate by the Board of Directors.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (Spectra Energy Partners, LP), Limited Liability Company Agreement (DCP Midstream Partners, LP)
Available Cash. as of any Distribution Date, (aA) all cash and cash equivalents of the Company on hand on such date, less (bB) the amount of any cash reserves determined to be appropriate by the Board of Directors.
Appears in 3 contracts
Samples: Limited Liability Company Agreement (Duncan Energy Partners L.P.), Limited Liability Company Agreement (Duncan Energy Partners L.P.), Limited Liability Company Agreement (Duncan Energy Partners L.P.)
