Examples of Cash Equivalents in a sentence
Cash Collateral shall be maintained in blocked accounts at Bank of America or another financial institution acceptable to the Administrative Agent and may be invested in readily available Cash Equivalents at its sole discretion.
All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in blocked deposit accounts at Rabobank or any other arrangement agreed to by the Administrative Agent and may be invested in readily available Cash Equivalents at its sole discretion.
For the avoidance of doubt, (x) any cash amounts required to be paid by the Buyers may be funded and paid from the Cash and Cash Equivalents at Closing or, to the extent an amount is not due and payable at Closing, after Closing, and (y) the Stock Consideration, the First Lien Subscription Rights, the GUC Subscription Rights and the New Takeback Debt shall be distributed as provided in the Chapter 11 Plan.
To the extent the Company and the Guarantors have cash-on-hand (including Cash Equivalents) in accounts (other than Excluded Accounts) located in the United States in excess of $65,000,000 (“Excess Cash Cap”) for ten (10) consecutive Business Days, promptly (and in any event, within one (1) Business Day) repay outstanding Loans in the amount of such excess.
Cash, reserves, escrows or other deposits ("Cash Equivalents") belonging to and retained by the Company shall not be included in the Asset Value or in valuing the Property.