Actual Cash Balance definition

Actual Cash Balance means the amount (if any) of the Company and its Subsidiaries cash in hand or in the bank accounts on the Closing Date, in excess of the reserves that the Company is required to maintain under the GMAC Loan Agreement on the Closing Date.

Actual Cash Balance has the meaning set forth in Section 2.14(b).

Actual Cash Balance means (i) the amount of Cash of the Company and its Subsidiaries as of Closing, and (ii) as applicable, (A) plus the amount by which the Accounts Receivables Amount as of Closing exceeds the Accounts Receivables Amount as of March 31, 2010 (which is equal to US$9,340,628), or (B) minus the amount by which the Accounts Receivables Amount as of March 31, 2010 (which is equal to US$9,340,628) exceeds the Accounts Receivables Amount as of Closing. "Affiliate" of any Person means another Person that directly or indirectly, through one or more intermediaries, Controls, is Controlled by, or is under common Control with, such first Person.

Examples of Actual Cash Balance in a sentence

• As promptly as reasonably practicable after the Closing, Buyer shall determine, or cause to be determined, the Company’s Actual Working Capital and Actual Cash Balance as of the Working Capital Calculation Date and notify Representative thereof, together with a copy of an actual consolidated balance sheet of the Company and its Subsidiaries as of the Working Capital Calculation Date (the “Actual Closing Balance Sheet”) and Buyer’s work papers showing the calculation thereof.

• The REMOXY ER development program consists of clinical pharmacology studies conducted in healthy volunteers; over 11 laboratory manipulation and extraction studies that generated nearly 9,000 unique data points; 2 human abuse potential studies in non-dependent recreational opioid users; a Phase III safety & efficacy study; and a long-term safety study in subjects with chronic pain.

• Though descriptive in nature, research questions were formulated to guide the case study.

• Immediately after the Closing (and following any Landcadia Stock Redemption), the Actual Cash Balance will equal or exceed the Minimum Cash Balance.

• If no Dispute Notice is received by the Seller on or prior to the last day of the Review Period, the Closing Certificate shall be deemed accepted by the Buyer, whereupon (i) the Closing Net Assets reflected on the Closing Certificate shall be deemed to be the “Final Net Assets,” (ii) the Actual Cash Balance shall be deemed final, and (iii) the Buyer or the Seller, as the case may be, will pay to the other Party the amounts owing in accordance with Section 1.4(e) hereof.

More Definitions of Actual Cash Balance

Actual Cash Balance means the amount of cash and cash equivalents, as set forth on the Actual Closing Balance Sheet.

Actual Cash Balance means, at any given time, the actual balance of Tenant's "cash and cash equivalents," and "cash and cash equivalents" means the aggregate amount of the following, to the extent owned by Tenant free and clear of all loans, repayment obligations, encumbrances and rights of others: (i) cash on hand; (ii) dollar demand deposits maintained in the United States with any commercial bank and dollar time deposits maintained in the United States with, or certificates of deposit having a maturity of five years or less issued by, any commercial bank or other financial institution acceptable to the Landlord; (iii) direct obligations of, or unconditionally guaranteed by, the United States and having a maturity of five years or less; and (iv) readily marketable commercial paper having a maturity of five years or less, issued by any corporation organized and existing under the laws of the United States or any state thereof or the District of Columbia and rated by Standard & Poor's or Xxxxx'x (or, if neither such organization shall rate such commercial paper at any time, rated by any nationally recognized rating organization in the United States) with the highest rating assigned by such organization.

Actual Cash Balance means the aggregate Cash of the Companies as of the Reference Time, as determined in accordance with the Accounting Practices and Procedures.

Actual Cash Balance for any day shall mean the actual cash balance of Reorganized Avianca S.A. as reflected on its books and records on the last Business Day of the immediately preceding month, provided that if the average age of Reorganized Avianca S.A.'s and its Subsidiaries' payables on said last Business Day shall have been in excess of 40 days as the result of Oceanair's having, directly or indirectly, instructed or required Reorganized Avianca S.A., without the prior consent of the Creditors Representative, to permit the average age of its payables to exceed 40 days, then the Actual Cash Balance shall be decreased by the amount of payments that would have had to be made by Reorganized Avianca S.A. so that the average age of Reorganized Avianca S.A.'s payables on said last Business Day would not have exceeded 40 days, said average age of payables in each case to be calculated in a manner acceptable to Oceanair and the Creditors Representative.

Actual Cash Balance means the aggregate amount of unrestricted cash and Cash Equivalents (as defined in the Credit Agreement) held by New GNOG after the Closing, after giving effect to the Initial Landcadia HoldCo Contribution, the Second Landcadia HoldCo Contribution, payment of the Closing Cash Consideration and the Landcadia Stock Redemptions, but prior to giving effect to the Minimum Cash Balance Contribution.

Actual Cash Balance. Section 3.09(a) “Actual Leverage” Section 3.09(a) “Actual Liquidity” Section 3.09(a) “Additional Amounts” Section 4.12(a) “Additional Dollar Notes” Recitals “Additional Euro Notes” Recitals “Additional Notes” Recitals “Additional Intercreditor Agreement” Section 4.23(a) “Affiliate Transaction” Section 4.10 “Agents” Section 2.03 “Applicable Amount” Section 4.01(b) “Applicable Law” Section 7.16 “Applicable Procedures” Section 2.06(b)(ii)

Actual Cash Balance means the amount of the Cash at 11.59pm on the day immediately preceding the Completion Date;