Available Company Cash definition

Available Company Cash means cash of the Company in US dollars in a US dollar denominated bank account of the Company opened at a bank outside of the PRC, net of issued but uncleared checks and drafts, available free of any Liens at the Effective Time for use by Parent and Merger Sub as a source of funds to pay the Per Share Merger Consideration for all Shares other than the Rollover Shares and for Parent and Merger Sub to pay the fees and expenses payable by them in connection with the transactions contemplated hereby.
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Available Company Cash means cash of the Company in US dollars in a US dollar denominated bank account of the Company opened at a bank outside the PRC, net of issued but uncleared checks and drafts, available free of any Liens at the Closing for use by Parent and Merger Sub as a source of funds to pay the aggregate Merger Consideration and the fees and expenses payable by them in connection with the Merger and the other transactions contemplated by this Agreement.
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Available Company Cash means the sum of cash and cash equivalents of the Company (other than Restricted Cash) as of immediately prior to the Closing minus (a) the aggregate amount of all checks written (but not yet cashed) and outbound wire transfers sent (but not yet cleared), plus (b) the aggregate amount of all checks received (but not cashed) and wire transfers received (but not yet cleared), minus (c) any Indebtedness of the Company that is outstanding as of immediately prior to the Closing, and minus (d) any Transaction Expenses incurred by the Company that remain unpaid as of immediately prior to the Closing.
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Examples of Available Company Cash in a sentence

  • The Parties shall use their reasonable best efforts to cooperate with each other with respect to the Available Company Cash Financing and shall keep each other reasonably informed on a reasonably current basis of the status of the Available Company Cash Financing.

  • The Company shall distribute to Members from Available Company Cash an amount equal to the presently due and payable Tax Liabilities of the Members (including any amounts necessary to pay the amount of Tax Liabilities for prior periods for which inadequate amounts of Available Company Cash were available to meet the Member's Tax Liabilities).

  • The parties agree to cause the Managers appointed by them to ------------- cause the Company, at least quarterly, to distribute to Members from Available Company Cash the maximum amount that may be distributed with respect to the Ownership Interests subject to the terms of the Indenture.

  • Taking into account the potential prepayment under paragraph (j) of this Part 1 below, the aggregate amount of the Available Company Cash shall be at least the Required Available Cash Amount as of the Record Date.

  • The parties agree to cause the Managers appointed by them to cause the Company, at least quarterly, to distribute to Members from Available Company Cash the maximum amount that may be distributed with respect to the Ownership Interests subject to the terms of the Indenture.

  • Taking into account the potential prepayment under paragraph (j) of this Schedule 1 below, the aggregate amount of the Available Company Cash shall be at least the Required Available Cash Amount as of the Record Date.


More Definitions of Available Company Cash

Available Company Cash means cash of the Company in U.S. dollars in a U.S. dollar denominated bank account of the Company opened at a bank outside the PRC, net of issued but uncleared checks and drafts, available free of any Liens at the Closing for use by Parent and Merger Sub as a source of funds to pay the aggregate Merger Consideration and the fees and expenses payable by them in connection with the Merger and the other transactions contemplated by this Agreement.
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Available Company Cash means cash in excess of the cash reserves provided for in Section 7.1.
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Available Company Cash means cash in excess of the cash reserves provided for in Section 6.6 of the Operating Agreement. In the event CA (or CAC) is required to make any payment pursuant to the CA Completion Capital Commitment, at CAC's election upon notice to BG, the parties agree and consent, pursuant to Section 6.2 of the Operating Agreement, to the distribution to CAC of the entire amount of any and all distributions by the Company with respect to the Ownership Interests of all the Members, up to the aggregate amount of the payments made under the CA Completion Capital Commitment less any amount paid by BG to CAC for any part of the Increased Ownership Interest that CAC acquired as a result of such payments under the CA Completion Capital Commitment, before any distributions are made to any other Member. The capital account and Ownership Interest of CAC shall be appropriately adjusted to reflect any such priority distribution to CAC.
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Available Company Cash means (i) cash of the Company in United States (“U.S.”) dollars in a U.S. dollar-denominated bank account of the Company opened at a bank outside the PRC; and (ii) cash of the Company in Renminbi (“RMB”) in a RMB-denominated bank account of a subsidiary of the Company opened at a bank inside the PRC; and
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Available Company Cash. Cash available for distribution as provided in Section 3.6 of the Agreement. BG: Blackhawk Gold, Ltd., a Nevada corporation, and its Permitted Transferees (provided that any Transferee will become a substitute Member only in accordance with the Operating Agreement). CA COMPLETION CAPITAL The Completion Capital Commitment of CA, as defined COMMITMENT: in the Offering Circular. CAC: Casino America Corporation of Colorado, Inc., a Colorado corporation, and its Permitted Transferees under the terms of this Agreement (provided that any Transferee will become a substitute Member only in accordance with the Operating Agreement).
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Available Company Cash. Cash available for distribution as provided in Section 3.6 of the Agreement. BG: Blackhawk Gold, Ltd., a Nevada corporation, and its Permitted Transferees (provided that any Transferee will become a substitute Member only in accordance with the Operating Agreement).
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Related to Available Company Cash

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Petty Cash means a relatively small amount of cash kept at hand for making immediate payment for miscellaneous small expenses incurred the municipality.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as reasonably determined by the Borrower, but excluding any Cure Amount and any Contribution Indebtedness Amount) received (or deemed to be received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Adjusted gross proceeds means gross proceeds less cash prizes, cost of

  • Trapped Cash means cash or cash equivalents (a) of the Target Companies which may not be freely useable or available because it is subject to restrictions or limitations on use under Contract or applicable Laws by a Target Company or in order to service Indebtedness, (b) in the form of deposits in transit and outstanding checks issued by a Target Company, or (c) that are insurance or other recovery proceeds in respect of any condemnation, casualty, loss or other material damage to any of the assets of a Target Company prior to the Closing Date.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Net Cash means the cash proceeds (net of cash taxes paid and reasonable and customary costs paid to unrelated and unaffiliated third parties in connection with a particular transaction) arising from any Excess Cash Event.

  • Uninvested Cash cash available and uninvested by a Trust that may result from a variety of sources, including dividends or interest received on portfolio securities, unsettled securities transactions, strategic reserves, matured investments, proceeds from liquidation of investment securities, dividend payments, or new investor capital.

  • Available Date means the date upon which Licensor notifies MSDH that the Software may be accessed on the Licensor’s ASP server and MSDH may begin acceptance testing.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Working Capital Escrow Amount means $1,000,000.

  • Available Liquidity means on any date, the sum of (i) the excess, if any, of (x) the amount of all Revolving Credit Commitments of each Lender that is not a Defaulting Lender on such date over (y) the aggregate Revolving Credit Exposure on such date plus (ii) the aggregate amount of unrestricted cash and Permitted Investments of the Company and its Restricted Subsidiaries on such date.

  • Free Cash means the aggregate book value of the holdings which at all times are available for the Issuer of any:

  • Current Assessed Value means the assessed value of the District certified by the municipal assessor as of April 1st of each year that the District remains in effect.

  • PIPE Investment Amount means the aggregate gross purchase price received by Acquiror prior to or substantially concurrently with Closing for the shares in the PIPE Investment.

  • Restricted Cash means cash and Cash Equivalents held by Restricted Subsidiaries that is contractually restricted from being distributed to the Borrower.

  • Minimum Cash Balance means a cash balance to be held by the Debtors on the Effective Date in an amount equal to $75 million plus any amounts received on account of GCI (as defined in the Uniti Term Sheet) reimbursements and Cash Payments (as defined in the Uniti Term Sheet) received by the Debtors on or before the Effective Date.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Issuer or any Guarantor described in the definition of “Contribution Indebtedness.”