Examples of Cash Deficit in a sentence
This SBLC facility availed by HGHL is collaterally secured by the factory land parcel of the Company at Hyderabad and also guaranteed by Gulf Oil International Limited (GOIL) along with a Cash Deficit Undertaking to the lender.
The purchase price allocation for our other 2008 acquisitions discussed in Note 4, “Acquisitions and Strategic Initiatives,” will be finalized within one year from the acquisition dates.
Charging construction company with heavy burdens of Cash Deficit Support (CDS), completion guarantee and debt obligation, a lender can deal a risky credit loan for the borrower (association), which has no hard asset security and is uncertain about the sufficiency of repayment resource in maturity (Kim & Sakong, 2009).
The term Cash Deficit means the shortfall between Income and Reasonable Operating Expenses.
GRIDCO/OPTCL suffered Cash Deficit in its/their revenue account(s), which was financed by further borrowings.