Cash Deficiency definition

Cash Deficiency means, if the Cash Adjustment Amount as delivered by the Company prior to Closing is less than the Final Cash Adjustment Amount, the Final Cash Adjustment Amount; otherwise “Cash Deficiency” shall mean zero (0).

Cash Deficiency has the meaning assigned to such term in Section 5.10.

Cash Deficiency means the excess, if any, of Estimated Cash over Available Cash as set out on the Closing Date Statement.

Examples of Cash Deficiency in a sentence

• Notwithstanding the provisions of the Article 11.2, under the case prescribed in the Paragraph 1, the customer may be granted, and the Broker Member may grant the deferral of the placement of Clearing Margins equivalents to Total Deficiency Amount or Cash Deficiency Amount, as prescribed by the Broker Member, within the limit of the Contract Deposit Amount under the LG Agreement Concerning Direct Deposits.

• In cases where a customer has incurred the Total Deficiency Amount or Cash Deficiency Amount, the Broker Member shall notice the amount of total deficiency or cash deficiency to a customer without delay.

• In this case, the Clearing Margin equivalent to the Cash Deficiency Amount may not be placed or deposited in the form of Substitute Securities etc.

• Any amounts payable pursuant to this Section 2.4(b) shall be paid first by reducing the amount of any remaining Overage Credit and then, if such Overage Credit has been reduced to zero, by payment of cash from Payor to Payee (any such cash payment, the “GARE Deficiency Payment” and, together with the Annual Cash Deficiency Payment and the Initial Cash Deficiency Payment, the “Cash True-Up Payments”).

• By contrast, the transport, urban utilities, and environmental protection sectors have significant business growth potential.

More Definitions of Cash Deficiency

Cash Deficiency has the meaning ascribed to it in Section 2.3(g)(i).

Cash Deficiency is equal to the excess, if any, of the Estimated Excess Cash Amount over the Excess Cash Amount. If the arithmetic result of the calculation described in the preceding sentence results in a negative number, then the Cash Deficiency is equal to zero. The “Cash Payment” is equal to the excess, if any, of the Excess Cash Amount over the Estimated Excess Cash Amount. If the arithmetic result of the calculation described in the preceding sentence results in a negative number, then the Cash Payment is equal to zero. The amount by which the cash amount as shown on the Estimated Closing Balance Sheet exceeds the Minimum Closing Cash Amount calculated based on the Estimated Closing Balance Sheet is the “Estimated Excess Cash Amount.” The amount by which (a) the cash amount as shown on the Closing Balance Sheet as finally determined pursuant to this Section 1.13 exceeds (b) the Minimum Closing Cash Amount calculated based on the Closing Balance Sheet as finally determined pursuant to this Section 1.13 minus any accrued but unpaid amounts funded to the Company under Section 1.10 with respect to the amounts referenced in Sections 1.5(b)(5), 1.5(b)(7), 1.5(b)(8), and 1.5(b)(9) is the “Excess Cash Amount.” For the avoidance of doubt, any calculations under this Section 1.13(c) and any calculation of the Final Net Book Value Amount shall result in a number that would have resulted if (i) all deductions from the Aggregate Preliminary Cash Consideration Amount in Section 1.5(b) were paid to the designated payee of such amounts, any (ii) and related reserves, cash or other entries in the Company’s financial statements were removed.

Cash Deficiency is defined in Section 1.13(c).

Cash Deficiency has the meaning given to the term in the Phase II Equity Funding Agreements.

Cash Deficiency means (a) with respect to a breach of Section 8.2(b)(iii), the aggregate amount of any cash dividend or cash distribution or cash consideration in respect of the redemption, purchase or acquisition of Target Company securities resulting in such breach, in each case to the extent such amounts are actually paid by the Target Company prior to the Closing to one or more Stockholders and to the extent not cured; and (b) with respect to a breach of Section 8.2(b)(vii), the aggregate cash amounts actually paid (or waived or forgiven, as the case may be) by the Target Company prior to the Closing to a Stockholder or Affiliate thereof or any of their officers, directors, consultants, advisors or other representatives pursuant to the agreement or material transaction resulting in such breach, to the extent not cured.

Cash Deficiency shall have the meaning set forth in Section 2.5(g)(iii).

Cash Deficiency attributed to a Participant means with respect to any Due Date, the amount by which that Participant’s Participating Share of the aggregation of the principal of, premium, if any, and interest on any of the funds borrowed by New Hampshire Hydro from Lenders to finance the Transmission Facilities or the construction thereof and payable on such Due Date (whether at maturity, pursuant to mandatory prepayment, by acceleration or otherwise) exceeds the amount of cash from such Participant’s payments made under any other section of