Available liquid assets definition
Available liquid assets means cash on hand, cash in a checking or savings account, stocks, bonds, certificates of deposit, treasury bills, money market funds and other liquid investments owned individually or jointly by the applicant and the applicant’s spouse, unless the applicant and spouse are separated or are in the process of obtaining a divorce as established by the criteria set forth in s. VA 1.12 (4), but does not include funds deposited in IRAs, Keogh plans, deferred compensation plans, or cash surrender value of life insurance policies.
Available liquid assets means cash on hand, including cash in checking, savings, money market or similar accounts, cash value of life insurance policies, liquid investments, including stocks and bonds and amounts deposited in any retirement plans, owned, either jointly or solely, by the applicant or the applicant’s family.
Available liquid assets means, for any specified period commencing on last date in the calendar month the subject of the then most recent Drawdown Report, the euro equivalent of the sum of:
More Definitions of Available liquid assets
Available liquid assets means the total of (i) the Company’s cash and accounts receivable upon closing of the Compromise that will be paid and reimbursed to the Monitor upon receipt, (ii) amounts that will be paid by the Company to the Monitor to ensure replacement of the Letters of Guarantee issued by the Monitor to the Company’s suppliers, and (iii) deposits given by the Company to third parties, less (a) expenses related to implementing the Compromise and (b) payment of the Company’s undischarged current obligations on the day that the Compromise closes;
Available liquid assets means, for any specified period commencing on the Interest Payment Date following delivery of the then most recent Drawdown Report and ending on the next subsequent Interest Payment Date, the Euro Equivalent of the sum of:
Available liquid assets means the amount of the Liquid Assets of the Company in excess of the Total Commitments.
Available liquid assets means cash on hand, including cash in checking, savings, money market or similar accounts, owned, either jointly or solely, by the applicant or the applicant’s family.
Available liquid assets means cash on hand, including cash in checking, savings, money market or similar accounts, cash value of life insurance policies, liquid