Cash Assets Sample Clauses

Cash AssetsThe Trustee may retain such portion of the Plan assets in cash or cash balances as the Trustee may, from time to time, deem to be reasonably necessary to meet the anticipated cash requirements of the Plan from time to time without liability for interest on such cash assets. The Trustee may deposit all or part of cash assets either separately or together with other trust funds under the control of the Trustee, in its own deposit department or in its name as Trustee in such other depositories as it may select.
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Cash Assets. The cash proceeds from the sale of securities and ----------- similar investments and other cash assets of the Trust for the benefit of any of its Series of Shares shall be kept in the custody of a bank or banks appointed pursuant to Section 10.1 hereof, or in accordance with such rules and regulations or orders as the Securities and Exchange Commission may from time to time prescribe for the protection of investors, except that the Trust may maintain a checking account or accounts in a bank or banks, of not less than $10,000,000, provided that the balance of such account or the aggregate balances of such accounts shall at no time exceed the amount of the fidelity bond, maintained pursuant to the requirements of the 1940 Act, covering the officers or employees authorized to draw on such account or accounts.
Cash AssetsBuyer agrees and acknowledges that immediately prior to the closing all cash and cash equivalents, including, without limitation, bank deposits, investments in so-called "money market" funds, commercial paper funds, Certificates of Deposits, Treasury bills and accrued interest thereon, of the Company will be withdrawn or otherwise transferred from the Company to Seller and/or Jefferson Holdings, Inc.
Cash Assets. Cash assets constitute the debit balances of “bank accounts” at the end of the financial period.
Cash Assets. Embassy shall have cash assets of no less than $7.2 million at the Closing, exclusive of any amounts payable in connection with the Practice Acquisitions and inclusive of any redemption amounts payable to Embassy shareholders.
Cash Assets. As of the date hereof, Buyer has cash in bank accounts equal to approximately $266,692.
Cash Assets. 55 4.37 Contribution of Assets of the Company........................................ 55 4.38 Post-Closing Distributions by the Company.................................... 55 5 CONDITIONS................................................................... 56 5.1 Conditions Precedent to the Obligations of Buyer and Seller.................. 56 5.2 Conditions Precedent to the Obligation of Seller............................. 56 5.3 Conditions Precedent to the Obligation of Buyer.............................. 57
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Cash Assets. Emerald's sole asset is cash. Emerald shall have net cash assets of not less than $2,500,000 at the Effective Time.
Cash AssetsFrom and after the Closing, all new Cash Assets received by Seller, Nexus or Homeland with respect to the Seller Business, including, deposits in transit, payments for Accounts Receivable or under any Specified Contracts or Transferred Contracts, and all other Cash Assets received by Seller, Nexus or Homeland which are allocable to the conduct of the Seller Business and which are not an Excluded Asset or solely related to an Excluded Asset, shall be held in trust for Buyer and shall be promptly paid to Buyer.
Cash AssetsThe Company shall at the Closing Date have cash assets of at least $1,300,000.
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