Cash Investments Sample Clauses

Cash Investments. (a) On the terms and subject to the conditions set forth in this Agreement, from time to time prior to the Facility Termination Date: (i) Seller may request that the Purchaser make Cash Investments in Undivided Interests in the Purchased Assets in accordance with Section 1.3(b), and (ii) the Purchaser hereby agrees to make such Cash Investments by wiring the applicable funds to the Facility Account; provided that under no circumstances shall the Purchaser make any Cash Investment if, after giving effect thereto, an Investment Excess would exist and be continuing. (b) The initial request for a Cash Investment hereunder, and each subsequent request for an incremental Cash Investment, may be made on any Business Day prior to the Facility Termination Date upon (i) Seller’s irrevocable written notice in the form of Exhibit II-A hereto (each, a “Cash Investment Notice”) to and received by the Purchaser prior to 12:00 noon (New York time) on the requested Investment Date, specifying: (A) the amount of cash requested to be paid to Seller for such incremental Cash Investment (which shall not be less than US$500,000 or a larger integral multiple of US$100,000), (B) the requested date of such incremental Cash Investment (which shall be a Business Day) and (C) the pro forma calculation of the Purchased Assets Coverage Percentage after giving effect to the increase in the Capital outstanding, and (ii) confirmation of the amount of cash requested in the Cash Investment Notice by entering such amount the Purchaser’s electronic “C.E.O.” portal. If any Cash Investment Notice is received or confirmed after 12:00 noon (New York time) on a Business Day, the Purchaser will endeavor to honor such notice on that Business Day but will honor it not later than the next succeeding Business Day.
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Cash Investments. The Company, from time to time, may deposit cash with financial or other institutions. The Advisor, as agent for the Company, may direct such institutions to invest such cash in money market accounts, short term interest bearing accounts, repurchase agreements, or other interest bearing financial instruments (collectively, the "Cash Investments") in accordance with criteria established from time to time by the Board of Directors. Such Cash Investments shall not be subject to any additional fees payable to Advisor.
Sample 1
Cash Investments. As of the Effective Date, each Member has made the cash Capital Contributions set forth opposite such Member’s name under the heading “Cash Investment” on the Information Exhibit and the LLC has issued the Units to such Members as set forth on the Information Exhibit. In addition, within thirty (30) days following the Effective Date and within ninety (90) days following the Effective Date or sooner if requested by the Board (each an “EcoReady Additional Contribution Date”), EcoReady shall make an additional Capital Contribution set forth opposite its name on the Information Exhibit (the “EcoReady Additional Contributions”) to satisfy their Capital Investment Commitment set forth on the Information Exhibit. In the event EcoReady fails to make any EcoReady Additional Contribution in full on or before the applicable EcoReady Additional Contribution Date, EcoReady’s Interest shall be automatically reduced proportionally based on the ratio (expressed as a percentage) of which the EcoReady Additional Contribution(s) that was not made bears to the EcoReady’s Capital Investment Commitment set forth on the Information Exhibit. By way of example, EcoReady’s Capital Investment Commitment set forth on the Information Exhibit is $1,000,000 and if the EcoReady Additional Contribution that EcoReady fails to make is $250,000, then EcoReady’s Interest shall be automatically reduced by 25% to an Interest equal to 30% (i.e., $250,000/$1,000,000 x 40%). As of the Effective Date, each Member’s Capital Account is reflected opposite such Member’s name under the heading “Capital Account” on the Information Exhibit. Such initial Capital Account of each Member as of the Effective Date reflects all transactions contemplated in this Agreement.
Sample 1
Cash Investments. All xxxxx cash, cash on deposit, and funds in payroll accounts, and all certificates of deposit, bonds, stock and other securities and investments of Seller.
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Cash Investments. Except as to Excluded Assets, the Borrower will, and will cause each Guarantor to, maintain any and all Cash Equivalents other than bank deposits in such manner as may be required to ensure that the Administrative Agent at all times holds a duly perfected first and sole security interest therein as security for the Obligations.
Sample 1
Cash Investments. All cash, cash equivalents and other short-term investments in the Company or PHPI; provided that such cash, cash equivalents and other short-term investments shall be sufficient (i) to attain statutory net worth, including, without limitation, deposits required of the PHP Group by the State of Florida or otherwise required by Florida statute and regulation or the Medicaid Contract, the Summit Contract or the FHK Contracts to be owned by the PHP Group, (ii) to attain a Closing Book Value of the Required Net Worth and (iii) to equal or exceed the accrued expenses, payables and other current liabilities as reflected on the Closing Balance Sheet (all without duplication);
Sample 1
Cash Investments. Section 2.1 (d) of the Agreement shall be deleted in its entirety and replaced with the following:
Sample 1
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Cash Investments. All cash, cash equivalents and other short-term investments in the Company or PHPI; provided that such cash, cash equivalents and other short-term investments, which together with any additional capital contributions equal to any Deficit required to be made by Buyer on behalf of the Shareholders in accordance with the terms of the Agreement and this Amendment, shall be sufficient (i) to attain statutory net worth, including, without limitation, deposits required of the PHP Group by the State of Florida or otherwise required by Florida statute and regulation or the Medicaid Contract, the Summit Contract or the FHK Contracts to be owned by the PHP Group, and (ii) to attain a Closing Book Value of the Required Net Worth. Such cash (including, without limitation, any additional capital contributions equal to any Deficit required to be made by Buyer in accordance with the provisions hereof) cash equivalents and other short-term investments in the Company and PHPI shall equal or exceed the accrued expenses, payables and other current liabilities as reflected on the Closing Balance Sheet (all without duplication);”
Sample 1
Cash Investments. To keep such portion of the Trust Fund in cash or cash balances as the Trustee may, from time to time, deem to be in the best interests of the Plan, without liability for interest thereon;
Sample 1

Related to Cash Investments

  • Cash Equivalents As of any date, (i) securities issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality thereof having maturities of not more than one year from such date, (ii) time deposits and certificates of deposits having maturities of not more than one year from such date and issued by any domestic commercial bank having, (A) senior long term unsecured debt rated at least A or the equivalent thereof by S&P or A2 or the equivalent thereof by Xxxxx’x and (B) capital and surplus in excess of $100,000,000.00; (iii) commercial paper rated at least A-1 or the equivalent thereof by S&P or P-1 or the equivalent thereof by Xxxxx’x and in either case maturing within one hundred twenty (120) days from such date, and (iv) shares of any money market mutual fund rated at least AAA or the equivalent thereof by S&P or at least Aaa or the equivalent thereof by Xxxxx’x.

  • Restricted Investments Make any Restricted Investment.

  • Cash in Lieu The Trust may, in its sole discretion (except to the extent limited, if at all, by ETF Exemptive Relief), permit or require the substitution of an amount of cash to be included in any Cash Balancing Amount to replace any Deposit Instrument (“cash in lieu”).

  • Cash and Cash Equivalents As of any date of determination, the sum of (a) the aggregate amount of unrestricted cash then actually held by the Borrower or any of its Subsidiaries, (b) the aggregate amount of unrestricted cash equivalents (valued at fair market value) then held by the Borrower or any of its Subsidiaries and (c) the aggregate amount of cash then actually held by the Borrower or any of its Subsidiaries in the form of tenant security deposits, but only to the extent such tenant security deposits are included as a liability on the Borrower’s Consolidated balance sheet, escrows and reserves. As used in this definition, (i) “unrestricted” means the specified asset is not subject to any Liens in favor of any Person, and (ii) “cash equivalents” means that such asset has a liquid, par value in cash and is convertible to cash on demand. Notwithstanding anything contained herein to the contrary, the term Cash and Cash Equivalents shall not include the Loan. CERCLA. See §7.18.

  • Restricted Investment Make or have, or permit any Subsidiary of Borrower to make or have, any Restricted Investment.

  • Acquisitions and Investments Borrower will not, nor will it permit any Subsidiary of Borrower to, make or suffer to exist any Investments (including without limitation, loans and advances to, and other Investments in, Subsidiaries of Borrower), or commitments therefor, or become or remain a partner in any partnership or joint venture, or to make any Entity Acquisition of any Person, except: (i) Cash Equivalents; (ii) Investments in existing Subsidiaries of Borrower, Investments in Subsidiaries of Borrower formed for the purpose of developing or acquiring industrial properties, or Investments in existing or newly formed joint ventures and partnerships engaged solely in the business of purchasing, developing, owning, operating, leasing and managing industrial properties; (iii) transactions permitted pursuant to Section 6.12; (iv) Investments permitted pursuant to Section 6.23; and (v) Entity Acquisitions of Persons whose primary operations consist of the ownership, development, operation and management of industrial properties; provided that, after giving effect to such Entity Acquisitions and Investments, Borrower continues to comply with all its covenants herein. Entity Acquisitions permitted pursuant to this Section 6.15 shall be deemed to be “Permitted Acquisitions”.

  • Cash Any U.S. dollars available to the Depositary resulting from a cash dividend or other cash distribution or the net proceeds of sales of any other distribution or portion thereof authorized in this paragraph (10) ("Cash"), on an averaged or other practicable basis, subject to (i) appropriate adjustments for taxes withheld, (ii) such distribution being impermissible or impracticable with respect to certain Holders, and (iii) deduction of the Depositary's expenses in (1) converting any foreign currency to U.S. dollars by sale or in such other manner as the Depositary may determine to the extent that it determines that such conversion may be made on a reasonable basis, (2) transferring foreign currency or U.S. dollars to the United States by such means as the Depositary may determine to the extent that it determines that such transfer may be made on a reasonable basis, (3) obtaining any approval or license of any governmental authority required for such conversion or transfer, which is obtainable at a reasonable cost and within a reasonable time and (4) making any sale by public or private means in any commercially reasonable manner. (b)

  • Distributions; Investments Directly or indirectly acquire or own any Person, or make any Investment in any Person, other than Permitted Investments, or permit any of its Subsidiaries to do so. Pay any dividends or make any distribution or payment or redeem, retire or purchase any capital stock.

  • Loans and Investments Each of the Loan Parties shall not and shall not permit any of their Subsidiaries to, at any time make or suffer to remain outstanding any loan or advance to, or purchase, acquire or own any stock, bonds, notes or securities of, or any partnership interest (whether general or limited) or limited liability company interest in, or any other investment or interest in, or make any capital contribution to, any other Person, except: (a) (i) trade credit extended on usual and customary terms in the ordinary course of business, (ii) bank deposits in the ordinary course of business, (iii) endorsement of negotiable instruments held for collection in the ordinary course of business and (iv) lease, utility and other similar deposits in the ordinary course of business; (b) advances to employees to meet expenses incurred by such employees in the ordinary course of business; (c) (i) cash and Permitted Investments, (ii) investments by any Loan Party in Equity Interests in their respective Subsidiaries existing as of the Effective Date, and (iii) other investments, advances and loans existing on the date of this Agreement and described on Schedule 6.04; (d) loans, advances and investments to, or in, the Borrower or any Subsidiary; (e) investments in Swap Agreements as permitted by Section 6.01(f); (f) Permitted Acquisitions, including Subsidiaries acquired pursuant to Permitted Acquisitions and investments of such Subsidiaries at the time of their respective Acquisition pursuant to Permitted Acquisitions; (g) ownership of equity interests or securities acquired in connection with the satisfaction or enforcement of Indebtedness or claims due or owing to a Loan Party or any of its Subsidiaries in the ordinary course of business or as security for any such Indebtedness or claim; (h) Guarantees permitted by Section 6.03; (i) any other investment, loan or advance (other than Acquisitions) so long as the aggregate amount of all such investments, loans and advances does not exceed $20,000,000 during the term of this Agreement; and (j) loans, advances and investments (other than Acquisitions) not otherwise permitted by any of the foregoing, provided that immediately prior to and after giving effect (including giving effect on a pro forma basis) to any such loan, advance or investment (i) no Default or Event of Default exists or would result therefrom and (ii) the Borrower is in compliance with the financial covenants set forth in Sections 6.14 and 6.15.

  • Investment Assets Those assets of the Fund as the Advisor and the Fund shall specify in writing, from time to time, including cash, stocks, bonds and other securities that the Advisor deposits with the Custodian and places under the investment supervision of the Sub-Advisor, together with any assets that are added at a subsequent date or which are received as a result of the sale, exchange or transfer of such Investment Assets.

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