Cash Disbursements. Xxxxxxxx agrees that if it sells travellers cheques or foreign currency that Disbursements shall be limited to the value of cheques, Visa TravelMoney, or currency sold in a single transaction, plus any applicable commissions. Xxxxxxxx agrees that under no circumstances shall a Visa or MasterCard transaction represent collection of a dishonoured cheque.
Cash Disbursements. You agree that if you sell travelers cheques or foreign currency that transactions shall be limited to the value of cheques, Visa TravelMoney, or currency sold in a single transaction, plus any applicable commissions.
Cash Disbursements. The Seller and the Executives will not cause the Company to make any disbursements of cash or any assets of material value to Executives between the Signing Date and the Closing Date, other than salary and payment and reimbursement of expenses in the Ordinary Course of Business; provided, however, that Seller and Executives shall be authorized to make disbursement of current Working Capital in excess of Three Million Seven Hundred and Fifty Thousand and 00/100 Dollars ($3,750,000.00).
Cash Disbursements. At the Closing, Escrow Agent shall hold for personal pickup or shall arrange for wire transfer (i) to Seller, or order, the cash plus any proration or other credits to which Seller shall be entitled for the Property and less any appropriate proration or other charges and (ii) to Buyer, or order, any excess funds previously delivered to Escrow Agent by Buyer.
Cash Disbursements. Pershing will process cash disbursements to the person listed on the account upon written instructions.
Cash Disbursements. In the absence of contrary Instructions, the Bank may make cash disbursements for minor expenses in handling securities and for similar items in connection with the Bank's duties under this Agreement. The Bank shall promptly advise the Fund of disbursements so made.
Cash Disbursements. Except for trade payables incurred in the ordinary course of business as set forth in the Cash Flow Forecasts (as defined above), no Company shall voluntarily pay, prepay, redeem, repurchase or make any other cash disbursements with respect to any principal of, or interest, dividends or other amounts owing with respect to, any junior indebtedness (including, without limitation, with respect to the RNK Notes and the Mennen Notes) or equity (including preferred equity), unless and until all Obligations under the Transaction Documents are paid in full in cash to the Lenders and the Agent, as applicable. Without limiting the generality of the foregoing, without the prior written consent of Agent, no Company shall pay any out-of-pocket fees costs or expenses incurred in connection with (or otherwise related to) the IPO other than filing fees in an aggregate amount not to exceed $25,000 required to be paid to any Governmental Authority in accordance with applicable federal and state securities laws and regulations.
Cash Disbursements. At the Closing, Title Company shall hold for personal pickup or shall arrange for wire transfer (i) to Seller, or order, the cash plus any proration or other credits to which Seller shall be entitled for the Property and less the Escrow Funds (as hereinafter defined) and any appropriate proration or other charges and (ii) to Buyer, or order, any excess funds previously delivered to Title Company by Buyer. Title Company shall deposit the Escrow Funds into the Escrow Account (as such terms are hereinafter defined).
Cash Disbursements. During any period of two (2) consecutive ------------------ calendar months (beginning May 1, 2000), make cash expenditures (net of any Excluded Professional Fees and Severance Payments (as hereinafter defined) and without credit being given for cash received from asset sales) of greater than $2,500,000. As used herein, "Excluded Professional Fees and Severance Payments" shall mean Borrower's cash expenditures for professional fees and severance payments, which expenditures shall not exceed $1,000,000 in the aggregate absent approval of the Lender (such approval not to be unreasonably withheld).
Cash Disbursements. Immediately upon any Post-2003 Facility Loan being made, Regeneron hereby authorizes and directs Novartis to, and Novartis shall, credit the amount of such Post-2003 Facility Loan against Post-2003 Regeneron Development Costs, and each of Regeneron and Novartis acknowledges and agrees that there will be no cash disbursements of any Post-2003 Facility Loans to the extent they are so applied against Post-2003 Regeneron Development Costs; provided, however, that Novartis shall disburse to Regeneron (as Regeneron may direct Novartis in a Post-2003 Facility Funding Notice) all or a portion of any Post-2003 Facility Loan to the extent of Post-2003 Regeneron Development Costs actually incurred by Regeneron or its Affiliates. Any cash disbursement of a Post-2003 Facility Loan shall be made by Novartis by wire transfer of funds to an account specified by Regeneron in the Post-2003 Facility Funding Notice within the time period provided in subparagraph (ii) above.