Average Cash Amount definition

Average Cash Amount means, subject to adjustment as set forth in Section 2.04(c), the amount of cash that is equal to the simple average daily balance of cash, time deposits, certificates of deposit, marketable securities and other short term investments and cash equivalents ("Cash") of the Partnership and the Subsidiaries at the close of business on each Business Day during the Measuring Period, (ii) "Measuring Period" means the period commencing at 12:01 a.m. EDT on the date of the month immediately preceding the month in which the Closing Date occurs that is the same date of the month as the Closing Date (or if such date is not a calendar date, the date that corresponds most closely to the date that is the Closing Date) and ending at 11:59 p.m. EDT on the day immediately preceding the Closing Date, and (iii) "Cash Payment Amount" means the Average Cash Amount less the checks issued by the Partnership and the Subsidiaries that have not cleared on the Closing Date.
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Average Cash Amount means, subject to adjustment as set forth in Section 2.05(c), the amount of cash that is equal to the simple average daily balance of cash, time deposits, certificates of deposit, marketable securities and other short term investments and cash equivalents ("Cash") of the Company at the close of business on each Business Day during the Measuring Period, (ii) "Measuring Period" means the period commencing at 12:01 a.m. on the date of the month immediately preceding the month in which the Closing Date occurs that is the same date of the month as the Closing Date (or if such date is not a calendar date, the date that corresponds most closely to the date that is the Closing Date) and ending at 11:59 p.m. on the day immediately preceding the Closing Date, (iii) "Purchase Price Adjustment Amount" means the Dollar Equivalent of (A) the Average Cash Amount less (B) the checks issued by the Company that have not cleared on the Closing Date, and (iv) "Dollar Equivalent" means, with respect to an amount expressed in any currency other than United States dollars, the dollar equivalent of such amount as determined by reference to the noon buying rate in The City of New York (as of the Business Day immediately preceding the Closing Date) for cable transfers in such currency as certified for customs purposes by (or if not so certified, as otherwise determined by) the Federal Reserve Bank of New York.
Sample 1
Average Cash Amount means, subject to adjustment as set forth in Section 2.05(c), the amount of cash that is equal to the simple average daily balance of cash, time deposits, certificates of deposit, marketable securities and other short term investments and cash equivalents, including the "current account" balance between the Company and the Seller (whether positive or negative) ("Cash") of the Company at the close of business on each Business Day during the Measuring Period, (ii) "Measuring Period" means the period commencing at 12:01 a.m. on the date of the month immediately preceding the month in which the Closing Date occurs that is the same date of the month as the Closing Date (or if such date is not a calendar date, the date that corresponds most closely to the date that is the Closing Date) and ending at 11:59 p.m. on the day immediately preceding the Closing Date, and (iii) "Cash Payment Amount" means the Average Cash Amount less the checks issued by the Company that have not cleared on the Closing Date.
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More Definitions of Average Cash Amount

Average Cash Amount means, subject to adjustment as set forth in Section 2.05(c), the amount of cash that is equal to the simple average daily balance of cash, time deposits, certificates of deposit, marketable securities and other short term investments and cash equivalents ("Cash") of the Company at the close of business on each Business Day during the Measuring Period, (ii) "Measuring Period" means the period commencing at 12:01 a.m. on the date of the month immediately preceding the month in which the Closing Date occurs that is the same date of the month as the Closing Date (or if such date is not a calendar date, the date that corresponds most closely to the date that is the Closing Date) and ending at 11:59 p.m. on the day immediately preceding the Closing Date, (iii) "Purchase Price Adjustment Amount" means the Dollar Equivalent of (A) the Average Cash Amount less (B) the checks issued by the Company that have not cleared on the Closing Date less (C) CHF 133,851, representing employee bonus payments under the Company's bonus plan for the portion of fiscal year 1997 commencing January 1, 1997 and ending on the Closing Date, and (iv) "Dollar Equivalent" means, with respect to an amount expressed in any currency other than United States dollars, the dollar equivalent of such amount as determined by reference to the noon buying rate in The City of New York (as of the Business Day immediately preceding the Closing Date) for cable transfers in such currency as certified for customs purposes by (or if not so certified, as otherwise determined by) the Federal Reserve Bank of New York.
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Related to Average Cash Amount

  • 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.

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

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Average VWAP means the average of the VWAPs for each Trading Day in the relevant period.

  • Cash Amount means an amount of cash equal to the Value on the Valuation Date of the Shares Amount.

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) forty (40).

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Adjusted Value as used in subdivision (d) means:

  • Unadjusted Principal Distribution Amount As defined in the definition of “Principal Distribution Amount.”

  • Average Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Average Closing Price means the average of the closing market prices of a Share over the last five (5) Market Days on which transactions in the Shares were recorded on the SGX-ST immediately preceding the date of the Market Purchase by the Company or, as the case may be, the date of the making of the offer pursuant to the Off-Market Purchase, and deemed to be adjusted for any corporate action that occurs after the relevant five-day period; and

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Average Sale Price means the average of the Sale Prices of the Common Stock for the shorter of

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

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

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Average Stock Price means the average of the closing prices of a Share, as reported on NASDAQ (or such other stock exchange as is applicable), for the forty-five (45) trading day period immediately preceding the date for which the Average Stock Price is being determined hereunder.

  • Average Net Assets means the average of all of the determinations of the Fund’s net asset value at the close of business on each business day during each month while this Contract is in effect. The fee is payable for each month within 15 days after the close of the month. The fees payable by the Fund to the Manager pursuant to this Section 3 will be reduced by any commissions, fees, brokerage or similar payments received by the Manager or any affiliated person of the Manager in connection with the purchase and sale of portfolio investments of the Fund, less any direct expenses approved by the Trustees incurred by the Manager or any affiliated person of the Manager in connection with obtaining such payments. In the event that expenses of the Fund for any fiscal year exceed the expense limitation on investment company expenses imposed by any statute or regulatory authority of any jurisdiction in which shares of the Fund are qualified for offer or sale, the compensation due the Manager for such fiscal year will be reduced by the amount of excess by a reduction or refund thereof. In the event that the expenses of the Fund exceed any expense limitation which the Manager may, by written notice to the Fund, voluntarily declare to be effective subject to such terms and conditions as the Manager may prescribe in such notice, the compensation due the Manager will be reduced, and if necessary, the Manager will assume expenses of the Fund, to the extent required by the terms and conditions of such expense limitation. If the Manager serves for less than the whole of a month, the foregoing compensation will be prorated.

  • 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).

  • Working Capital Adjustment Amount has the meaning set forth in Section 2.1(b)(ii). Section 1.2

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Cash price means the price measured in dollars at which a seller of a motor vehicle would in good faith sell to the buyer or to any other buyer under like circumstances, and the buyer would in good faith buy from the seller, the motor vehicle that is the subject matter of an installment sale contract if the sale were a sale for cash instead of an installment sale.