Adjusted Cash definition

Adjusted Cash means the amount of unrestricted cash after giving effect to unrealized gains and losses under (and as determined by) any Swap Contracts (with respect to currency exchange rates) in place at the time of determination (but only with respect to the then-elapsed portion of the current monthly or quarterly (as applicable under the relevant Swap Contract) calculation period thereunder).

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Adjusted Cash means, at any particular time, the aggregate Cash and Cash Equivalents of the Borrower calculated on a consolidated basis less the aggregate of all cash and Cash Equivalents owned by the Excluded Subsidiaries at such time.

Adjusted Cash means, as of any date, the lesser of (a) the amount by which cash and short-term investments of the Company and its Subsidiaries exceed $5,000,000 and (b) the amount, if any, by which (i) current assets of the Company and its Subsidiaries exceed (ii) current liabilities of such Persons (excluding the aggregate outstanding principal amount of Indebtedness included in such current liabilities), in each case determined on a consolidated basis as of such date. If such current liabilities exceed such current assets, Adjusted Cash shall be zero.

Examples of Adjusted Cash in a sentence

• As of any date of determination, the ratio of (a) Consolidated Adjusted Funded Debt as of such date to (b) Consolidated Adjusted Cash Flow for the period of the four fiscal quarters most recently ended for which the Company has delivered financial statements.

• As of any date of determination, the ratio of (a) Consolidated Adjusted Cash Flow to (b) Consolidated Interest Charges, in each case for the period of the four fiscal quarters most recently ended for which the Company has delivered financial statements.

• If the Company implements a change in accounting principle during the Performance Period either as a result of issuance of new accounting standards or otherwise, and the effect of the accounting change was not reflected in the Company’s business plan at the time of approval of this award, then the Adjusted Cash Flow and Adjusted Capital for each affected period shall be adjusted to eliminate the impact of the change in accounting principle.

• Adjusted Cash Flow for the last fiscal year of the Performance Period shall be adjusted to eliminate the impact of any restructuring charges and exit-related activities announced by the Company during the last six months of the Performance Period.

• Adjusted Cash Flow for the last fiscal year of the Performance Period shall be adjusted to eliminate any impact of business acquisitions or business combinations completed or reviewed (including incremental costs incurred solely as a result of the transaction, whether or not consummated) during that fiscal year.

More Definitions of Adjusted Cash

Adjusted Cash means (a) the amount of Cash of the Business Subsidiaries minus (b) the excess, if any, of the amount of Foreign Cash over $250,000,000.

Adjusted Cash shall have the meaning set forth in Schedule I.

Adjusted Cash means, as of any date, the lesser of (i) the amount by which cash and short-term investments of the Issuer and its Subsidiaries exceed $5,000,000 and (ii) the amount, if any, by which (a) current assets of the Issuer and its Subsidiaries exceed (b) current liabilities of such Persons (excluding the aggregate outstanding principal amount of Debt included in such current liabilities), in each case determined on a consolidated basis as of such date. If such current liabilities exceed such current assets, Adjusted Cash shall be zero.

Adjusted Cash means, as of a specified date, without duplication, (i) all consolidated cash and cash equivalents (whether in hand or credited to any account with any banking, financial, lending or other similar institution or organization) of the Company and BDDG determined in accordance with relevant GAAP, minus (ii) the BDDG Debt Service Reserve Balance.

Adjusted Cash means, as of any date, Cash adjusted by (x) deducting ------------- therefrom (but only to the extent not already taken into account in determining Cash as of such date) an amount equal to the sum of (i)(A) all costs and expenses incurred by the Company or its Subsidiaries in connection with the negotiation or documentation of this Agreement and the effectuation of the Merger due to the Financial Advisor, the Company's legal counsel and accountants and (B) all fees and expenses incurred by the Company in connection with the preparation, printing, filing and mailing of the Proxy Statement and the holding of the Company Stockholder Meeting (collectively, the "Transaction Fees"), (ii) ---------------- the transaction-related payments to be made by the Company to certain executives as specified in Section 7.2(e) of the Disclosure Letter, (iii) the premium paid or payable by the Company or its Subsidiaries in respect of the Tail Policy (as defined in Section 8.2), and (iv) all amounts in the Special Cash Account and (y) adding thereto (but only to the extent already taken into account in determining Cash as of such date) an amount equal to the sum of (i) the amount, if any, by which Transaction Fees exceed $1,500,000 if, but only if, an Extraordinary Event (as defined in Section 7.2(f)) has occurred and the Purchaser has consented to the incurrence of additional Transaction Fees, (ii) the amount, if any, by which the premium paid or payable by the Company or its Subsidiaries in respect of the Tail Policy exceeds $720,000 and (iii) the costs associated with severance arrangements for personnel other than ▇▇▇▇▇▇▇ ▇▇▇▇ or ▇▇▇▇ ▇▇▇▇▇▇.

Adjusted Cash shall be a dollar amount equal to:

Adjusted Cash means the cash as shown on the Year End Balance Sheet net of the sum of any amount described in clause (z) above.