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

• Following a Cash Call, each Party shall pay to the Operator for the Joint Account a share of each Advance in proportion to its Percentage Interest in sufficient time to be credited to the bank account on the due date specified in the Cash Call.

• The amount requested in a Cash Call shall be the Operator's estimate of the amount required from the Parties to enable the Operator to defray the net cash payments, being cash payments less cash receipts, due in the relevant Month under obligations properly incurred by the Operator in connection with the Joint Operations.

• Each Cash Call shall specify, in respect of each Advance, the amount of each currency required by major AFE and/or Budget category as requested by the Operating Committee, the bank account or accounts to which payment is to be made and the due date on which payment is required.

• Each Cash Call forwarded by the Operator shall be accompanied by a forecast pursuant to which the Operator specifies the details of the anticipated Cash Calls for the two (2) Months after the Month covered by the Cash Call.

• Not less than ten (10) days prior to the beginning of any Month in respect of which the Operator requires funds, the Operator shall furnish the Parties with a Cash Call requesting an Advance or Advances for such Month.

More Definitions of Cash Call

Cash Call means a request for funds made by a managing agent to members of a

Cash Call means a demand made on Partners by the General Partner pursuant to the LP Agreement for an additional capital contribution.

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 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.

Cash Call shall have the meaning ascribed to it in paragraph (A) of Section 5.3.