Examples of Cash Equivalent Amount in a sentence

At the end of each fiscal quarter, the Cash Equivalent Amount of the Borrower shall be equal to or greater than 150% of its Total Liabilities.
However, if a party making a margin call requests the return of margin securities delivered to the other party in response to a previous margin call, but the other party is unable to return those securities, despite its best endeavours because of circumstances beyond its control, the GMRA 2011 allows the undelivered margin securities to be substituted by means of payment of a Cash Equivalent Amount (see 4(h) of GMRA 2011).
If the sales proceeds after the payment of expenses, if any, relating to such sales (the "Maximum Stock Sales Proceeds") from the sale of all shares of Common Stock held by Citizens Capital for a Distribution Payment Date is less than the Cash Equivalent Amount, the General Partner shall be liable for and shall promptly pay to Citizens Capital the amount (the "Shortfall Amount") equal to the difference between the Cash Equivalent Amount and the Maximum Stock Sales Proceeds.
The Borrower shall maintain at all times (a) a Cash Equivalent Amount of not less than $50,000,000 or (b) a Fixed Charge Coverage Ratio of not less than 1.50 to 1.00.
The determination of the fair market value of the Cash Equivalent Amount by the independent third party shall be conclusive for all purposes under this Section 5.

More Definitions of Cash Equivalent Amount

Cash Equivalent Amount means, in respect of any Physical Settlement Obligation, an amount, determined by the Calculation Agent three Business Days prior to the Credit Event Redemption Date, which is equal to the market value of such Physical Settlement Obligation (net of any costs, fees, charges, taxes and expenses in connection with the sale thereof).

Cash Equivalent Amount has the meaning set forth in Section 6.4(c)(iii).

Cash Equivalent Amount means the number of shares of Parent Common Stock that would have been received by such Shareholder, multiplied by the Closing Price.

Cash Equivalent Amount means, with respect to any cash amount which may be paid to the holders of the Series 1999 Preferred Stock by way of dividend, redemption or other distribution, the number of shares (or fraction thereof) of Freely Tradeable Common Stock equal in value to such cash amount. For purposes of determining the Cash Equivalent Amount, the shares of Freely

Cash Equivalent Amount means, with respect to an Exchange Offer, an amount of cash equivalent to the average of the daily closing prices, per Unit of the applicable Exchange Offer Security, on the principal exchange or market on which the Exchange Offer Security is listed or trades for the five consecutive trading days ending on the last trading day prior to the public announcement of the Exchange Offer (or if not publicly announced, the closing of the Exchange Offer) or, if the Exchange Offer Security has not traded in such period, the value of the applicable Exchange Offer Security for purposes of this definition shall determined by the Board of Directors of the Company in good faith, divided by the number of Equity Securities to be issued in exchange for each Unit of Exchange Offer Security. A “Unit” of an Exchange Offer Security shall mean the undiscounted face value of the Exchange Offer Security.

Cash Equivalent Amount means, with respect to any cash amount which may, in accordance with the terms of this Certificate, be paid to the holders of the 1996 Series A Preferred Stock by way of dividend, redemption or other distribution, the number of shares (or fraction thereof) of Common Stock equal in value to such cash amount. For purposes of determining the Cash Equivalent Amount, the shares of Common Stock shall be valued at 80% multiplied by the lower of (i) the 30-Day Average Price of the Common Stock or (ii) the 5-Day Average Price of the Common Stock; PROVIDED, that if the Cash Equivalent Amount cannot be ascertained by such methods, then the Common Stock shall be valued at 80% multiplied by the lower of (i) the net book value per share of Common Stock, determined in accordance with generally accepted accounting principles, or (ii) the fair value per share of Common Stock determined pursuant to the Valuation Procedure. The Cash Equivalent Amount shall be determined as of the date immediately prior to the date of issuance of any such Common Stock.

Cash Equivalent Amount means, with respect to any cash amount which may be paid to the holders of the Series 1995 Preferred Stock by way of dividend, redemption or other distribution, the number of shares (or fraction thereof) of Common