Receipt of Cash Sample Clauses

Receipt of Cash. 14 --------------- SECTION 6.02
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Receipt of Cash. Subject to Section 8.21(b) of the Note Purchase Agreement, Brooke Holding shall immediately dividend or otherwise transfer all Cash or cash equivalents it receives to the Company.
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Receipt of Cash. If, following the Closing Date, Seller receives any cash payments properly relating to the Xxxxx Division and which would have been included among the Assets, such payments will be promptly forwarded and remitted to the Buyer.
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Receipt of Cash. Subject to Section 8.21(b) of the Note Purchase Agreement, NV Holdings shall immediately dividend or otherwise transfer all Cash or cash equivalents it receives to the Company.
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Receipt of Cash. Lenders shall have received the net cash proceeds from --------------- the sale of the Property, in a form and manner acceptable to the Lenders in their sole discretion and in an amount equal to $4,900,000 after expenses, commissions and taxes, to be applied as a prepayment of the outstanding principal amount of Term Loan A in, notwithstanding anything to the contrary in the Loan Agreement, the inverse order of maturity.
Sample 1
Receipt of Cash. To the extent that a Scheme Shareholder receives cash under the Scheme, this should be treated as a disposal of the relevant Scheme Shares (specifically, the Scheme Shareholder’s A Shares) which may, depending on the Scheme Shareholder’s individual circumstances (including the availability of exemptions or allowable losses), give rise to a liability to UK tax on chargeable gains. Where such a disposal is of only part of a Scheme Shareholder’s holding of Scheme Shares, any chargeable gain should be computed on the basis of an apportionment of the allowable cost of the Scheme Shareholder’s entire holding by reference to the market value of such holding at the time of the disposal.
Sample 1
Receipt of Cash. Seller shall have received the Cash as set forth in Section 2.3(a).
Sample 1
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Receipt of Cash. The Custodian shall use best efforts to procure that all Cash forming part of the Assets (including dividends, interest, tax credits and proceeds of sale of Securities or otherwise) received by the Custodian will be promptly paid to the Issuer Cash Swap Collateral Account.
Sample 1

Related to Receipt of Cash

  • Receipt of Collateral At the commencement of any loan, the Lending Agent shall instruct the Approved Borrower to transfer to the Lending Agent the required Collateral. Collateral will be received from an Approved Borrower prior to or simultaneous with delivery of the securities loaned. If the Approved Borrower does not provide Collateral to the Lending Agent, as previously agreed, then the Lending Agent will cancel the corresponding loan instruction prior to delivery.

  • Receipt of Copy Mortgagor acknowledges that it has received a true copy of this Mortgage.

  • Treatment of Capital Stock Subject to the provisions of this Agreement, at the Effective Time, automatically by virtue of the Merger and without any action on the part of any shareholder:

  • Receipt of Management Fees Property Manager will not be obligated to return or refund to Lender any Management Fees or other fee, commission or other amount received by Property Manager prior to the occurrence of the Event of Default, and to which Property Manager was entitled under the Management Agreement. If the Property Manager receives any Management Fees after it has received notice of an Event of Default, Property Manager agrees that such Management Fees will be received and held in trust for Lender, to be applied by Lender to amounts due under the Loan Documents.

  • Receipt of Funds The Custodian shall, from time to time, receive funds for or on behalf of the Funds and shall hold such funds in safekeeping. Upon receipt of Proper Instructions, the Custodian shall credit funds so received to one or more Accounts designated in such Proper Instructions. Promptly after receipt of such funds from the Fund Custodian or a Repo Custodian or promptly following the transfer to an Account from any account maintained by Custodian in its capacity as Fund Custodian, or as Repo Custodian, the Custodian shall provide written confirmation of such receipt to the Fund Custodian or Repo Custodian, when and as applicable, and of such receipt or transfer to the Fund Agent designated in Section 7.07(b) hereof (the "Fund Agent"). The Custodian shall designate on its books and records the funds allocable to each Account and the identity of each Fund participating in such Account.

  • Receipt of Payments Borrowers shall make each payment under this Agreement not later than 2:00 p.m. (New York time) on the day when due in immediately available funds in Dollars to the Collection Account. For purposes of computing interest and Fees and determining Borrowing Availability as of any date, all payments shall be deemed received on the Business Day on which immediately available funds therefor are received in the Collection Account prior to 2:00 p.m. New York time. Payments received after 2:00 p.m. New York time on any Business Day or on a day that is not a Business Day shall be deemed to have been received on the following Business Day.

  • Receipt of Plan By entering into this Agreement, Participant acknowledges (i) that he or she has received and read a copy of the Plan and (ii) that this Agreement is subject to and shall be construed in accordance with the terms and conditions of the Plan, as now or hereinafter in effect.

  • Receipt of Payment The Company shall have received payment, by wire transfer of immediately available funds, in the full amount of the purchase price for the number of Shares being purchased by such Purchaser at the Closing as set forth in the Schedule of Purchasers.

  • Receipt of Communications Any communication received by the Custodian on a day which is not a Business Day or after 3:30 p.m., Eastern time (or such other time as is agreed by the Company and the Custodian from time to time), on a Business Day will be deemed to have been received on the next Business Day (but in the case of communications so received after 3:30 p.m., Eastern time, on a Business Day the Custodian will use its best efforts to process such communications as soon as possible after receipt).

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