Cash Available definition

Cash Available means having cleared cash available for use calculated in the way described in Section B (Our Investment Services) or Section C (Our banking services), as appropriate.
Cash Available means the amount obtained by subtracting (a) the product of (i) the Shares Available and (ii) the Parent Closing Stock Price from (b) the product of (i) the Purchase Price per Company Common Share and (ii) the aggregate number of Company Common Shares outstanding immediately prior to the Effective Time (other than Company Common Shares held by Parent, Company, any Subsidiary of Parent, any Subsidiary of Company, Dissenting Shareholders or the Custodian or Trustee for the benefit of participants under the Company RSU Plans);
Cash Available means having cleared cash available for use calculated in the way described in Section B or Section D, as appropriate.

Examples of Cash Available in a sentence

  • Subject to the provisions of Sections 5.3, 5.4 and 12.2(c), the General Partner shall cause the Partnership to distribute, at such times as the General Partner shall determine (each a “Distribution Date”), an amount of Cash Available for Distribution, determined by the General Partner in its sole discretion to the Limited Partners and the General Partner, as of the applicable Partnership Record Date, in accordance with each such Partner’s respective Percentage Interest.

  • Except as otherwise provided in Article 7 hereof and subject to Sections 17-607 and 17-804 of the Act, for any fiscal year all Cash Available for Distribution, net proceeds from any Terminating Capital Transaction and Financing Proceeds shall be distributed to the Partners at least quarterly.

  • Subject to the provisions of Sections 5.3, 5.4, 12.2(c) and 13.2, the General Partner shall cause the Partnership to distribute, at such times as the General Partner shall determine (each a “Distribution Date”), an amount of Cash Available for Distribution, determined by the General Partner in its sole discretion to the Partners holding GP Units, OP Units and/or Class B Units who are Partners on the applicable Partnership Record Date, in accordance with each such Partner’s respective Percentage Interest.

  • The holders of Class B Units shall be entitled to (i) current distributions of Cash Available for Distribution pursuant to Section 5.1(a), (ii) distributions, if any, of Net Sales Proceeds pursuant to Section 5.1(b)(iii), and (iii) distributions in liquidation of the Partnership pursuant to Section 13.2.

  • Notwithstanding the foregoing, the Manager reserves the right to utilize all Cash Available for Withdrawals to liquidate the capital accounts of deceased Members or ERISA plan investors in whole or in part, before satisfying outstanding withdrawal requests from any other Members.


More Definitions of Cash Available

Cash Available means having cleared Cash available for use calculated in the way described in Section B (Our investment services) or Section C (Our banking services), as appropriate.
Cash Available shall be calculated by determining Net Operating Income (“NOI”) before interest, taxes, depreciation, amortization, management fees, replacement reserves, and lease/rent payments, in accordance with the Uniform System of Accounts for Hotels and in conformance with GAAP, and then deducting from NOI four (4%) percent of total room revenues as an assumed reserve for replacement (or actual reserve for replacement if greater) and four (4%) percent of total room revenues as an assumed management fee (or actual management fee if greater).
Cash Available means, with respect to the Borrower and its Subsidiaries (other than Foreign Subsidiaries) on a consolidated basis as of the last day of any fiscal quarter, twice the aggregate of (i) Consolidated Net Income for the two (2) immediately preceding fiscal quarters then ended, plus ---- (ii) the sum of Interest Expense, Lease Expense, depreciation, amortization and other non-cash expenses or charges reducing income for such period (to the extent taken into account in the calculation of Consolidated Net Income for such period), minus (iii) non-cash credits increasing income for such period (to the ----- extent taken into account in the calculation of Consolidated Net Income for such period).
Cash Available means the funds that are available for withdrawal
Cash Available means that cleared Cash in your SIPP Cash Account which is not ring fenced or set aside for any other purposes and so may be used for the purchase of Permitted Investments or the payment of Benefits.
Cash Available means having cleared cash available for use calculated in the way described in Section B (Barclays UK investment services) or Section D (Additional Barclays UK services), as appropriate.
Cash Available means, as of any date of determination the sum of (i) Cash on Hand as of such date plus (ii) Borrowing Availability as of such date.