Cash Outflows Sample Clauses

Cash Outflows. During the Cash Management Period, the Acquired Companies will fund all accounts payable and other Cash outflows (including, without limitation, making payments for the clearing of all checks which were issued on or before the Measurement Date and taken into account as either reductions in determining the Cash Amount or reductions in determining the Net Working Capital Amount) of the Acquired Companies (the "Transition Cash Outflows") through the Bank Accounts. During the Cash Management Period, except pursuant to the loan described in Section 4.8(a) above, all Transition Cash Outflows will be the responsibility of the Acquired Companies and will not be funded by the Parent or its lenders.
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Cash Outflows. If the Company incurs a Cash Outflow at any time during the Bonus Term, the Fifteen Percent Growth Amount shall be decreased by the loss of targeted growth in the equity value of that Cash Outflow (that is, the amount by which the Cash Outflow would have grown at an annual growth rate of 10% compounded monthly for the remainder of the term) determined by the following formula: (CO / (1.0125^M))-CO Where: CO = the amount of the Cash Outflow, and M = the remaining months in the Bonus Term, inclusive of the month in which the Cash Outflow occurs.
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Cash Outflows. During the Cash Management Period, KS-PSI will ------------- fund all accounts payable and other cash outflows (including, without limitation, making payments for the clearing of all checks which were issued on or before the Measurement Date and taken into account as either reductions in determining the Cash Amount or reductions in determining the Net Working Capital Amount) of the Business through the Bank Accounts.
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Cash Outflows. Redemptions 1. Benefit payments and in-service withdrawals will be made in accordance with the provisions of the Participating Trust's plan documents. These include payments in the event of death, retirement, termination or disability, and authorized in-service withdrawals. 2. Transfers may he made from the Trust only to an eligible investment option in accordance with plan provisions and the following requirements of the Trust as specified in the Agreement. Transferred amounts must be held in an eligible investment option for 90 days before subsequent transfer into a competing investment option can occur. An "eligible" investment option includes most common stock funds and any fixed income fund which has a duration* that is equal to or greater than three years. In addition, any balanced fund whose fixed income component has a duration that is equal to or greater than three years will also be deemed to be eligible. Money market funds and certain bond funds that have a duration of less than three years will be deemed to be competing funds and, therefore, are not eligible investment options.** 3. In cases where the Trust represents one investment in a Participating Trust's portfolio of multiple investments that are not participant-directed, withdrawals for participant benefits must be made at least pro rata according to the ratio of the Participating Trust's account balance in the Trust to the Participating Trust's total plan assets. The pro-rata percentage is determined by dividing the Participating Trust's account balance in the Trust by the total assets of the Participating Trust. The plan sponsor must provide satisfactory evidence that the withdrawal is pro rata at the time the redemption is requested. The Participating Trust has the option to withdraw funds from other Participating Trust investments without withdrawing Units from its Account. In the event the Trust is part of a portfolio of multiple or blended guaranteed investment contracts, synthetic investment contracts, or similar stable value investments ("Stable Value Investments") offered by either a Participating Trust or CIF, withdrawals will be honored provided they represent not more than the Trust's pro-rata share of all of the Stable Value Investments in the portfolio after cash reserves or short-term holdings, if any, are depleted. 4. In the event of the Participating Trust's plan termination or disqualification under IRC section 401(a), withdrawal from the Trust may be at the lesser of bo...
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Cash Outflows. Cash outflows related to the Transferred Business attributable to any period prior to the Effective Time shall remain the obligation of RMT and any such amounts paid by the Partnership Parties or, after the Closing Date, the Contributed Company will be reimbursed by RMT within one month after the end of the month in which such amounts were so paid. Conversely, cash outflows related to the Transferred Business attributable to any period after the Effective Time shall remain the obligation of the Partnership Parties and any such amounts paid by RMT or, before the Closing Date, the Contributed Company, will be reimbursed by the Partnership Parties within one month after the end of the month in which such amounts were so paid.
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Cash Outflows. The “Cash Outflows” during the Measurement Period shall consist of the following: (i) For the first calendar month or any portion thereof that falls within the Measurement Period, an amount equal to the MGIC/Radian Class A Units Cash Purchase Price, which shall be taken into account as a Cash Outflow as of the first day of the month in which the Closing Date occurs. (ii) For each calendar month or any portion thereof that falls within the Measurement Period, an amount equal to each capital contribution, if any, made in respect of the MGIC/Radian Purchased Class A Units pursuant to the terms of the New Sxxxxxx Operating Agreement and in respect of any Specified Interests, during that month or portion thereof. (iii) Any income taxes that are deemed paid under Section 2.2.(a)(ii)(D), which payments shall be taken into account as Cash Outflows on the respective dates that such payments are considered, pursuant to Section 2.2.(a)(ii)(D)(i), to have been made.
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Related to Cash Outflows

  • Cash Out In the event of a Change in Control, the Committee may, in its discretion and upon at least ten (10) days’ advance notice to the Participant, cancel the Option and pay to the Participant the value of the Option based upon the price per Share of Common Stock received or to be received by other shareholders of the Company in the event. Notwithstanding the foregoing, if at the time of a Change in Control the Exercise Price of the Option equals or exceeds the price paid for a Share of Common Stock in connection with the Change in Control, the Committee may cancel the Option without the payment of consideration therefor.

  • Compensatory Time Cash Out All compensatory time must be used by June 30th of each year. If compensatory time balances are not scheduled to be used by the employee by April of each year, the supervisor will contact the employee to review their schedule. The employee’s compensatory time balance will be cashed out every June 30th or when the employee: 1. Leaves state service for any reason; 2. Transfers to a position in their institution with different funding sources; or 3. Transfers to another state agency or institution.

  • Net Cash Flow The term “Net Cash Flow” shall mean all cash and cash equivalents from all sources on hand as of the last day of the measurement period prior to any distributions to the Partners, and after the payment of all then due expenses of operating and managing the Restaurants, and after payment of all debts and liabilities and after any prepayments of any debts and liabilities that the General Partner, in its reasonable and good faith discretion, elects to cause to be made, and after the establishment of any reserves reasonably deemed necessary by the General Partner for (i) the repayment of any due debts or liabilities, including debts owed to the General Partner; (ii) the working capital requirements; (iii) capital improvements and replacement of furniture, fixtures or equipment; and (iv) any contingent or unforeseen liabilities. In determining Net Cash Flow of each Restaurant there shall be deducted the Supervision Fee and the Accounting Fee as provided in Section 4.7, the Advertising Payment and the Insurance Payment as provided in Section 4.8, and the OSRS Charges as provided in Section 4.2.

  • Equity Contributions Make, or permit any Significant Subsidiary to make, any equity contributions to any Unregulated Subsidiary; provided, however, that this Section 5.03(h) shall not restrict or otherwise apply to (i) any such equity contributions that are required by Applicable Law or court order or (ii) any intercompany advances made to any Unregulated Subsidiary (including, without limitation, pursuant to the Unregulated Money Pool Agreement) that are recharacterized by a court or other Governmental Authority as equity contributions.

  • Sick Leave Cash Out Eligible employees may elect to receive monetary compensation for accrued sick leave as follows: In January of each year an employee whose sick leave balance at the end of the previous year exceeds four hundred eighty (480) hours may elect to convert the sick leave hours earned in the previous calendar year, minus those hours used during the year, to monetary compensation. No sick leave hours may be converted which would reduce the calendar year end balance below four hundred eighty (480) hours. Monetary compensation shall be paid at the rate of twenty-five percent and shall be based on the employee’s current salary. All converted hours will be deducted from the sick leave balance. Employees who separate from University service due to retirement or death shall be compensated for the unused sick leave accumulation from the date of most recent hire in a leave eligible position with the State of Washington at the rate of 25%. Compensation shall be based upon the employee’s wage at the time of separation. For the purpose of this section, retirement shall not include vested out of service employees who leave funds on deposit with the retirement system. Former eligible employees who are re-employed within three (3) years of their separation from service shall be granted all unused sick leave credits, if any, to which they are entitled at time of separation.

  • 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)

  • 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.

  • Cash Flow Owner acknowledges that the budget prepared by Manager, pursuant to paragraph 3(k), will contain a category labeled "Cash Flow." Owner agrees, in the event that the budgeted cash flow for the Property is "negative" in any month covered by the budget, to place sufficient funds in a bank account, or to permit Manager to transfer Owner's funds to such account, to make up the budgeted operating deficit. These funds must be placed in such account at least forty-five (45) days before the budgeted deficit is to occur.

  • Net Operating Income For any Real Estate and for a given period, an amount equal to the sum of (a) the rents, common area reimbursements, and service and other income for such Real Estate for such period received in the ordinary course of business from tenants or licensees in occupancy paying rent (excluding pre-paid rents and revenues and security deposits except to the extent applied in satisfaction of tenants’ or licensees’ obligations for rent and any non-recurring fees, charges or amounts including, without limitation, set-up fees and termination fees) minus (b) all expenses paid or accrued and related to the ownership, operation or maintenance of such Real Estate for such period, including, but not limited to, taxes, assessments and the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Real Estate, but specifically excluding general overhead expenses of REIT and its Subsidiaries, any property management fees and non recurring charges), minus (c) the greater of (i) actual property management expenses of such Real Estate, or (ii) an amount equal to three percent (3.0%) of the gross revenues from such Real Estate excluding straight line leveling adjustments required under GAAP and amortization of intangibles pursuant to FAS 141R, minus (d) all rents, common area reimbursements and other income for such Real Estate received from tenants or licensees in default of payment or other material obligations under their lease, or with respect to leases as to which the tenant or licensee or any guarantor thereunder is subject to any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, liquidation or similar debtor relief proceeding.

  • Equity Contribution Prior to or substantially concurrently with the initial funding of the Loans hereunder, the Equity Contribution shall be consummated.

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