Cash Balance Threshold definition

Cash Balance Threshold means an amount equal to $3,000,000; provided, however, that at such time as the aggregate principal amount outstanding under the Notes is less than $3,000,000, such amount shall be reduced by $1 for each $1 that such aggregate principal amount is below $3,000,000.
Sample 1Sample 2Sample 3
Cash Balance Threshold means $5,000,000 or such lesser amount as determined in the discretion of the Post-Effective Date Debtors or the Liquidation Trustee.
Sample 1Sample 2
Cash Balance Threshold means $20,000,000; provided that, to the extent that the Borrowing Base exceeds $150,000,000 at any time, the Cash Balance Threshold shall be deemed to equal $30,000,000.
Sample 1Sample 2

Examples of Cash Balance Threshold in a sentence

  • The Trimble Local School District Board of Education approves the following items: • Annual membership in the Coalition of Rural and Appalachian Schools for the 2017-2018 school year in the amount $325.• Minimum Cash Balance Threshold of $1,000,000.00 as per the calculation set for in the District Cash Balance Policy.

  • A new subsection (e) is hereby inserted immediately following subsection (d) to read as follows: (e) If the Aggregate Elected Borrowing Base Commitments are greater than 75% of the Borrowing Base then in effect, then, at the time of and immediately after giving effect to such Borrowing, the Consolidated Cash Balance shall not exceed the Consolidated Cash Balance Threshold.

  • The following definitions are hereby deleted in their entirety: “ Consolidated Cash Balance ” and “ Consolidated Cash Balance Threshold ”.

  • In the event that Operating Revenues, Fund 536 Transfers, and cost containment strategies, are not sufficient in any month during the Operating Term to maintain the Operating Cash Balance Threshold or to fund a deficiency in the Operating Revenue over Operating Expenses, City may T-26492.002\1086141 -32- 133\1100388.5 facilitate a transfer of a subsidy from the City General Fund into the Receipts Account (“Subsidy”).

  • Based on such reports, the City’s Director of Finance shall fund the Operating Subsidy described in SECTION 10.5 in an amount sufficient to maintain, during the next calendar month, a minimum balance in the Operating Account of not less than the Operating Cash Balance Threshold amount then in effect.

  • The Operating Cash Balance Threshold may be modified from time to time based on the anticipated requirements of operations on the mutual agreement of City and TSJ.

  • Based on such reports, the City’s Director of Finance shall fund the Operating Subsidiary described in Section 10.4 in an amount sufficient to maintain during the next calendar month a minimum balance in the Operating Account of not less than the Operating Cash Balance Threshold amount then in effect.

  • None DATE: AUGUST 17, 2017TO: THE TRANSPORTATION COMMISSIONFROM: HERMAN STOCKINGER, CHIEF FINANCIAL OFFICER (ACTING) JOSH LAIPPLY, CHIEF ENGINEERSUBJECT: FUND 400 CASH BALANCE - INFORMATIONAL MEMORANDUMPurposeThis memo summarizes information related to the Cash Balance Threshold Policy for the period ending June 2017 for Fund 400 only.ActionThis is for information only.

  • Page 2 of 2MEMORANDUM TO: THE TRANSPORTATION COMMISSIONFROM: JEFF SUDMEIER, CDOT CHIEF FINANCIAL OFFICER DATE: JANUARY 18, 2018SUBJECT: FUND 400 CASH BALANCE – INFORMATIONAL MEMORANDUM PurposeThe purpose of this memorandum is to summarize information related to the Cash Balance Threshold Policy for the period ending November 2017 for Fund 400 only.

  • Distributions will occur on each Distribution Date – the date upon which the Debtors’ cash reserves exceed the Cash Balance Threshold or as soon thereafter as a Distribution is practicable.


More Definitions of Cash Balance Threshold

Cash Balance Threshold. $50,000,000.
Sample 1

Related to Cash Balance Threshold

  • 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).

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

  • 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.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Cash Balances means cash in hand or credited to any account with a financial institution and securities which are readily convertible into cash;

  • Balance Amount shall have the meaning set forth in Section 8.1 of this Agreement.

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

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Maximum Contribution Amount shall equal the excess of (i) the aggregate proceeds received by such Holder pursuant to the sale of such Registrable Notes or Exchange Notes over (ii) the aggregate amount of damages that such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this Section 8(d) are several in proportion to the respective principal amount of the Registrable Securities held by each Holder hereunder and not joint. The Company’s and Subsidiary Guarantors’ obligations to contribute pursuant to this Section 8(d) are joint and several. The indemnity and contribution agreements contained in this Section 8 are in addition to any liability that the Indemnifying Parties may have to the Indemnified Parties.

  • Maximum Benefit Amount means the maximum amount payable for coverage provided to You as shown in the Schedule of Benefits.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • 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.

  • Total Distribution Amount With respect to any Distribution Date, the sum of (i) the aggregate of the Interest Remittance Amounts for such date; (ii) the aggregate of the Principal Remittance Amounts for such date; and (iii) all Prepayment Premiums collected during the related Prepayment Period.

  • Cash Contribution Amount means the aggregate amount of cash contributions made to the capital of the Company described in the definition of “Contribution Indebtedness.”

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Accelerated Purchase Minimum Price Threshold means, with respect to any Accelerated Purchase made pursuant to Section 2(b) hereof, any minimum per share price threshold set forth in the applicable Accelerated Purchase Notice.

  • Target Amount is defined in Section 4.3(b)(i).