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.
Sample 1Sample 2Sample 3
Available Company Cash means cash of the Company in U.S. 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 Company 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.
Sample 1Sample 2Sample 3
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.
Sample 1Sample 2Sample 3

Examples of Available Company Cash in a sentence

  • 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 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 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.

  • 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 in excess of the cash reserves provided for in Section 7.1.
Sample 1Sample 2
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.
Sample 1Sample 2
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).
Sample 1
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
Sample 1Sample 2
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).
Sample 1
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).
Sample 1

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 sum of money set aside on an imprest basis for the purpose of making change or paying small obligations.

  • 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 determined by the Borrower in good faith, but excluding any Cure Amount) received (or deemed received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.

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

  • Trapped Cash means any cash, checks, rental deposits and bank credit balances that are subject to any restrictions or local exchange control, Tax or other requirements, such that the full amount of such deposits cannot be accessed within 90 days (for the avoidance of doubt, any cash, checks, rental deposits and bank credits balances that are subject statutory reserve that the Company’s PRC Subsidiaries are required to set aside pursuant to PRC laws shall be not be treated as “Trapped Cash”); provided, that any amounts that are subject to short term investments or time deposits with maturities less than 363 days as of any relevant time of determination shall not be deemed “Trapped Cash” unless after such maturity, they would be subject to any of the aforesaid restrictions.

  • 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 (a) the sum of Tigris’ and its Subsidiaries’ cash and cash equivalents, marketable securities, accounts and interest receivable and deposits (to the extent refundable to Tigris), in each case as of the close of business on the last Business Day prior to the date of determination, determined in a manner consistent with the manner in which such items were historically determined and in accordance with Tigris’ Audited Financial Statements and Unaudited Interim Balance Sheet minus (b) the sum of Tigris’ and its Subsidiaries’ accounts payable and accrued expenses (other than accrued expenses listed below), in each case as of such date and determined in a manner consistent with the manner in which such items were historically determined and in accordance with Tigris’ Audited Financial Statements and Unaudited Interim Balance Sheet minus (c) the cash cost of any change of control payments or severance payments that are or become due to any employee of Tigris or its Subsidiaries minus (d) the cash cost of any accrued and unpaid retention payments due to any employee of Tigris or its Subsidiaries as of the Closing Date, minus (e) any remaining fees and expenses (including, but not limited to, any attorney’s, accountant’s, financial advisor’s or finder’s fees) as of such date for which Tigris or any of its Subsidiaries is liable incurred by Tigris or any of its Subsidiaries in connection with this Agreement and the Contemplated Transactions or otherwise minus (f) the fees and expenses of the Accounting Firm allocated to Tigris pursuant to Section 1.6(e), minus (g) any bona fide current liabilities payable in cash, in each case to the extent not cancelled at or prior to the Determination Date; provided that in no event shall any liabilities or accruals relating to the Legal Proceeding described on Schedule D hereto be taken into account as a reduction in Net Cash, minus (h) any unpaid amounts payable by Tigris in satisfaction of its obligations under Section 5.7(c) for the period after the Closing, plus (i) the amount of any outstanding principal and accrued interest under the Tigris Note as of the Anticipated Closing Date in excess of $3,508,750, plus (j) any amounts due to be reimbursed to Tigris by Potomac pursuant to Section 9.3(a).

  • 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 $500,000.

  • 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:

  • PIPE Investment Amount has the meaning specified in Section 6.16.

  • Restricted Cash means cash and cash equivalents, within the meaning of the AAS, that are not available for use other than for a purpose for which it is restricted, and includes cash to be used to fund capital works expenditure from the previous financial year

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • 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 Company described in the definition of “Contribution Indebtedness.”