Other Available Cash Sample Clauses
The 'Other Available Cash' clause defines what constitutes additional cash resources that may be used within the context of a financial agreement or transaction. Typically, this clause outlines the types of funds, such as surplus operating income or reserve account balances, that can be accessed beyond primary revenue streams. For example, in a loan or securitization structure, it may specify when and how these extra funds can be applied to payments or obligations. Its core function is to clarify the sources and permissible uses of supplementary cash, ensuring transparency and flexibility in managing financial flows.
Other Available Cash. Distributions of Other Available Cash are to be made in such amounts and at such times as determined by the Board of Directors. If there is not enough Cash Flow from Operations to make all the distributions provided for in this Section 5.2, Other Available Cash will be used to make the distributions in the priority specified in such Sections.
Other Available Cash. ‘‘Other Available Cash’’ means cash generated by the Company’s activities outside its Ordinary Course of Business activities.