Cash Cap definition

Cash Cap is defined in Section 3.1 of this Agreement.

Cash Cap means an amount of cash determined as follows:

Cash Cap means the amount, if any, specified by such Company Stockholder in its Cash Election as the maximum amount of Closing Available Cash elected by such Company Stockholder; provided, however, that such amount shall not exceed such Company Stockholder’s Cash Pro Rata Share of $50,000,000.

Examples of Cash Cap in a sentence

• Notwithstanding the foregoing, so long as You have complied with the the IP Restriction, the Subsidiary Cash Cap and the Receivables Restriction, and provided that the US Sub’s only assets are the equity interest of a direct Foreign Subsidiary and de minimus assets incidental thereto, You shall only be required to provide a pledge for sixty-five percent (65%) of the voting equity interest in the US Sub.

• However, Infinera reserves the right to continue to make available the Capped Cash Alternative during any such extended acceptance period in the event that continuing to offer such Capped Cash Alternative could not result in Infinera being obligated to pay cash consideration in the Offer that exceeds, in the aggregate, the Aggregate Cash Cap.

• Cash Cap Rate : For acquisitions, cash cap rate is a rate of return on a real estate investment property based on the expected, annualized cash rental income during the first year of ownership that the property will generate under its existing lease or leases .

• If the Requested Cash Amount equals or exceeds the Minimum Cash Amount and does not exceed the Cash Cap, the Merger Consideration shall be issued and paid in the manner set forth in Section 2.2, unless the 20-Day Average Price is less than the Floor Price and the Acquiror Stock to be issued pursuant to this Agreement would exceed the Acquiror Share Cap, in which case the adjustments set forth in Section 2.4(d) shall be made.

• The Retained Cash Cap with respect to each Transferred Entity shall be the amount that is reasonably required to provide for the ordinary course liquidity needs of such Transferred Entity.

More Definitions of Cash Cap

Cash Cap has the meaning set forth in Article I(C)(3) of this Agreement.

Cash Cap means $24,000,000, minus the sum of the amount by which Transaction Costs and Severance Amounts, as set forth in the Closing Costs Certificate, exceeds the Deduction Amount.

Cash Cap has the meaning specified in Section 8.3.1.

Cash Cap means the sum of (y) $100 million plus (z) 50% of the amount by which the unrestricted cash and Cash Equivalents on hand of RN Parent (as determined on the day before delivery of the Put Notice) exceeds $150 million (before giving effect to any deduction of the $100 million referred to in (y) above). For the avoidance of doubt, if the unrestricted cash and Cash Equivalents on hand of RN Parent on the day before delivery of the Put Notice is $250 million, the Cash Cap shall mean $150 million.

Cash Cap means $25,000,000 in cash.

Cash Cap the greater of (i) 16% per annum and (ii) the Index Rate on the Initial Draw-Down Date plus 225 basis points.

Cash Cap. [Definition to be conformed with corresponding definition in Indenture].