Cash Assets definition

Cash Assets means any cash on hand, cash in bank or other accounts, readily marketable securities, and other cash-equivalent liquid assets of any nature.

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Cash Assets means any cash on deposit in, and Liquid Investments held in, the Cash Assets Account.

Cash Assets means, as of any date of determination, unrestricted cash and marketable securities of the Combined Parties.

Examples of Cash Assets in a sentence

• Except as may be agreed to by the Parties from time to time, Provider will not create or permit to be created or remain any lien, encumbrance or charges levied on account of any mechanic’s lien or claim that may become a lien, encumbrance or charge upon any of the Cash Assets of any BFA Recipient or any part thereof.

• As custodian, Provider shall have general responsibility for the safekeeping of all such Cash Assets of each applicable BFA Recipient as listed in Exhibit A (as may be amended from time to time) that is received and accepted by Provider.

• Provider shall have no responsibility or liability to pay for any Taxes now or hereafter imposed on the BFA Recipients or on Provider with respect to the Cash Assets of any BFA Recipient by the tax laws of the United States (or of any state or political subdivision thereof) or any other political jurisdiction.

• All Cash Assets shall be segregated on Provider’s books and records from property held by Provider for its own account and for the account of Provider’s other customers, including the Cash Assets of any BFA Recipient from the Cash Assets of any other BFA Recipient.

• Provider represents and warrants that it (i) has and will maintain at least the minimum qualifications required to act as custodian of the Cash Assets of each BFA Recipient, and (ii) is otherwise qualified and eligible to act as custodian under the terms of this Agreement.

More Definitions of Cash Assets

Cash Assets means cash and/or Cash Equivalents, except to the extent such cash or Cash Equivalents are used to cash collateralize or otherwise secure any Capitalized Lease Obligation.

Cash Assets has the meaning given in Section 3.1(a).

Cash Assets in relation to a person, means

Cash Assets means, as of any date and without duplication, for Holdings and its Subsidiaries on a consolidated basis, (a) all cash and Cash Equivalents of Holdings and its Subsidiaries, (b) all receivables of Borrowers with respect to Inventory sold, including without limitation accounts and contracts in transit, (c) the value of new and used Inventory of Borrowers, valued at the lower of cost or net realizable value, less any applicable reserves, and (d) any LIFO reserve on Inventory.

Cash Assets means cash on hand and funds in a checking or savings account.

Cash Assets means all cash, cash equivalents and marketable securities of Skynet relating to the Business as of the Closing Date (for the avoidance of doubt, other than Excluded Property and any proceeds therefrom or thereof);

Cash Assets means cash and/or cash equivalents (as determined in accordance with Swedish GAAP), except to the extent that such cash or cash equivalents are subject to a Lien in favour of any person other than the Security Agent (but excluding bankers' rights of set-off and possessory liens in favour of any broker or other person in whose custody any relevant securities are held, in each case arising in the ordinary course of business);