Cash Element definition

Cash Element means that discretionary managed part of the Portfolio which includes the Cash Account, and the Liquidity Fund, with the aim of providing access to capital.
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Cash Element means an amount equal to One Hundred Million Dollars ($100,000,000), which amount is subject to allocations, prorations and adjustments set forth in the Agreement, including without limitation, Section 2.06 thereof. Prior to Closing Playa capitalized Playa Newco with the Stock Consideration and the Cash Element. The Cash Element was funded in the following manner: Ninety Five Million Dollars ($95,000,000) was funded into a bank account at Scotia Bank held under the name of Playa Newco, (ii) Five Million Dollars ($5,000,000) was funded in escrow (the “Closing Escrow”) to Playa H&R Holdings B.V. (“Escrow Agent”) to be held in escrow for the benefit of Playa Newco and to be disbursed after Closing as provided herein
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Cash Element means such part of a Bonus Entitlement or of the Pool (as the context requires) as is to be paid in cash pursuant to Rule 3.1;
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Examples of Cash Element in a sentence

  • Each Clearing Member shall open and maintain with any of the Settlement Banks a Cash Settlement Account to be used solely for effecting the actual Settlement of the Cash Element of any SCCP-Eligible Trade.

  • The Cash Element shall be funded from the Clearing Fund for the Defaulting Seller’s account.

  • In respect of Adjusted Portfolio Value in excess of £1 billion, 100 per cent of the Management Fee is payable via the Cash Element.

  • The Management Incentive Compensation Plan and Profit Sharing Plan (Cash Element) and/or Directors Fees portion of the Annual Deferral Amount shall be withheld at the time such amounts are or otherwise would be paid to the Participant.

  • Please note that interest income arising from the Income Element will be paid into the Cash Element.

  • The Increased Cash Element of the further Increased Offer will be financed by facilities made available by Bank of America, N.A. and JPMorgan Chase Bank, N.

  • In respect of the first £1 billion of the Adjusted Portfolio Value, 80 per cent of the Management Fee is payable in cash in arrears on a quarterly basis (the Cash Element) and 20 per cent of the Management Fee is payable in the form of Ordinary Shares rather than cash (the Share Element).

  • The failure of a Participant to meet any obligation to deliver the Security Element and/or the Cash Element of a Transaction due to its insolvency or illiquidity problems due to whatever cause is solely a “Counterparty Risk”, for which Depository shall not in any way be liable.

  • Please see the Offer Document for further details on the terms and timing of the Special Dividend.Cash Element of the Special Dividend The Cash Element of the Special Dividend will be paid to you by bank transfer (or by cheque if the SIP Trustee does not have bank account details on file for you).Share Element of the Special Dividend As regards the Share Element of the Special Dividend, the SIP Trustee cannot hold Cazoo Shares on your behalf.

  • The Increased Cash Element of the Further Increased Offer will be financed by a combination of existing resources available to RPIFT and new credit facilities arranged by Merrill Lynch, Pierce, Fenner & Smith Incorporated and J.


More Definitions of Cash Element

Cash Element means a Corporate Action Cash Element or a Transaction Cash Element.
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Cash Element means that part of the Purchase Price which is payable in cash calculated in accordance with the requirements of Schedule 6 which in no event shall be less than zero;
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Cash Element means US $1,250,000 in cash;
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Cash Element has the meaning set forth in Section 2.03(a)(1).
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Cash Element has the meaning given in clause 3.1.1. Claim a claim for breach of any of the Warranties or claim for any other breach of this agreement, including any Indemnity Claim and Tax Claim (as the case may be). Common Shares means the common shares in the capital of the Buyer. Company Bloomboxclub Limited, a company incorporated and registered in England and Wales with company number 09791800, whose registered office is at Unit 1.G.01 The Leathermarket, Xxxxxx Xxxxxx, Xxxxxx, Xxxxxxx, XX0 0XX, further details of which are set out in Schedule 2. Completion completion of the sale and purchase of the Sale Shares in accordance with this agreement. Completion Date the date of this agreement.
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Related to Cash Element

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Intrinsic Value means reinstatement value of insured property or item less due allowance for betterment, wear and tear and/or depreciation

  • Designated Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officers’ Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of such Designated Non-cash Consideration.

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Cash Exchange Payment means with respect to a particular Exchange for which PubCo has elected to make a Cash Exchange Payment in accordance with Section 4.6(a)(ii):

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Designated Noncash Consideration means the Fair Market Value of noncash consideration received by the Company or one of its Restricted Subsidiaries in connection with an Asset Disposition that is so designated as Designated Noncash Consideration pursuant to an Officer’s Certificate, setting forth the basis of such valuation.

  • Management Unit means an area established by the Commission for management purposes.

  • Dividend Amount means, with respect to any date on which the Company pays a dividend on its outstanding Common Stock, the amount of such dividend that is paid per share of Common Stock multiplied by (x) the Purchase Amount divided by (y) the Liquidity Price (treating the dividend date as a Liquidity Event solely for purposes of calculating such Liquidity Price).

  • Cash Surrender Value means an amount that equals, at any specified time, the cash surrender value as determined under the terms of the Policy.

  • Common Stock Consideration has the meaning set forth in Section 1.6(b).

  • Cash Election Shares shall have the meaning set forth in Section 3.2.1.

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

  • Per Share Cash Consideration has the meaning set forth in Section 3.01(a)(ii).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Exchange Property has the meaning set forth in Section 11(a).

  • Stock Value means an amount equal to (a) 25% multiplied by (b) (i) the Closing Purchase Price, minus (ii) the Financial Debt, minus (iii) the Transaction Expenses.

  • Cash Election Amount means the product of the number of Cash Election Shares multiplied by the Cash Election Consideration.

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.

  • Contingent Consideration has the meaning set forth in Section 1.6.

  • Aggregate Stock Consideration is defined in Section 2.05C.

  • Closing Average Share Value means the average, over the trading days in the Closing Average Period, of the closing price of the company’s stock multiplied by the Accumulated Shares for each trading day during the Closing Average Period.

  • Acquisition Price shall have the same meaning as defined in the Share Purchase Agreement;

Most Referenced Clauses

Most Referenced Definitions