Cash Balance definition

Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the NCLC Group.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Cash Balance means that investors are required to pay the full amount in cash prior to place their buy order on the security.

Cash Balance means, at any date of determination, the unencumbered and otherwise unrestricted cash and Cash Equivalents of the Group;

Examples of Cash Balance in a sentence

• The Purchase Price shall be calculated as of the Closing based upon the estimated Net Working Capital (as determined in accordance with Section 1.8(b)) and based upon the estimated Cash Balance (as determined in accordance with Section 1.10(b)), and shall be due and payable by Buyer to Sellers at the Closing by wire transfer of immediately available funds to an account designated by Sellers.

• The Cash Balance shall be estimated following the same mutually agreed upon principles, specifications and methodologies used to determine the Cash Balance as of December 31, 2024, as specified in Schedule 1.10, and shall be used for purposes of calculating the Purchase Price as of the Closing.

• If the Cash Balance results in an amount due by the Partnership to Sellers or one of their Affiliates, Buyer shall pay to Sellers an amount equal twenty percent (20%) of the Cash Balance.

• Within ninety (90) days after the Closing, Sellers shall deliver to Buyer their determination of the actual Cash Balance as of the last day of the calendar month immediately preceding the Effective Time (following the same principles, specifications and methodologies used to determine the Cash Balance as set forth on Schedule 1.10, and the estimated Cash Balance as of the Closing).

• Should Buyer disagree with Sellers’ determination of the Cash Balance, Buyer shall notify Sellers within sixty (60) days after Sellers’ delivery of their determination of the Cash Balance.

More Definitions of Cash Balance

Cash Balance means the cash that you hold in your Account and does not include Open Position P&L;

Cash Balance means in respect to any Weekday during the Franchise Term, the Franchisee's actual cash balance excluding the value of Season Ticket Fare suspense liabilities as at the end of business hours on the previous Weekday;

Cash Balance means cash plus investments and current accounts receivable minus current accounts payable, excluding the liabilities estimated by the executive director.

Cash Balance means, at any time, the aggregate amount of cash and Cash Equivalents held by the Borrower at such time and not subject to a voluntary Lien (other than the Security or customary account documentation), determined on a Consolidated basis.

Cash Balance means, on any Business Day, (a) the collected balance of total cash held by the Borrower and its Subsidiaries, including only those deposited funds that have cleared bank processing, less (b) outstanding payments made by check, debit and wire that have been sent to the payee but not yet cleared bank processing.

Cash Balance means any sums held in cash by the Bank on behalf of the contributors in relation to the Fund.

Cash Balance means, as of any date (calculated at the close of business on such date), the aggregate amount of unrestricted cash and cash equivalents of the Loan Parties and their Subsidiaries on such date.