Cash Call definition

Cash Call means a request for payment of cash by the Operator to the Parties;
Cash Call means a request for payment of cash by the Operator to the Parties.
Cash Call means any request for the Parties to advance their respective Participating Interest shares of estimated cash requirements for the next Calendar Month's Joint Operations in accordance with an approved Work Program and Budget.

Examples of Cash Call in a sentence

  • In determining the amount of each Cash Call, the Project Manager shall consider Development Costs projected to come due during the relevant period in accordance with the then current Development Budget, any cash remaining from prior Cash Calls and the amount of unreimbursed Development Costs each Party has expended.

  • If a Party is in arrears in payment of a Cash Call, the Project Manager will be entitled to offset the arrears against any reimbursement of Development Costs or other amounts owed to that Party under the Agreement.

  • For informational purposes the Cash Call shall contain an estimate of the funds required for the succeeding two months detailed by the categories designated in the Work Program and Budget.

  • Each Party shall pay the amount of the Cash Call not later than 7 days after receipt of the Cash Call.

  • Each such Cash Call shall be equal to Paltar's estimate of the money to be spent in the currencies required to perform its duties under the Work Program and Budget during the month concerned.


More Definitions of Cash Call

Cash Call means a request for funds made by a managing agent to members of a
Cash Call means all calls for (a) Equity Subscriptions and (b) if determined by the Parties in accordance with this Agreement, advances under Shareholder Loans, made by the relevant Board of Managers to the Parties in their respective Shareholder Percentages in accordance with Clause 4;
Cash Call means any request to the Parties for the payment of cash made by Operator in accordance with the provisions of the Accounting Procedure in connection with the Joint Operations or, where the context so requires, to the Consenting Parties in connection with any Exclusive Risk Operation.
Cash Call means an invoice issued by the Operator to a party for its Percentage Interest share of JV Costs incurred or to be incurred;
Cash Call shall have the meaning ascribed to it in paragraph (A) of Section 5.3.
Cash Call shall be the notification sent by Alliant Energy Corporation to each member of the Group indicating the positive allocation or negative allocation attributable to such member. Such notification shall be sent within a reasonable time after the occurrence of any of the following events: the due date for quarterly estimated tax payments; the unextended due date of the return; the extended due date of the return; the filing of an amended return; or the resolution of an audit. Alliant Energy Corporation will send a notification to each member of the Group even if no payment is due to the Internal Revenue Service.