Cash Infusion is an infusion of subordinated debt or equity into Borrower in an amount no less than (i) $4,000,000 on or before March 1, 2006; and (ii) an additional $3,000,000 on or before June 1, 2006.
Cash Infusion means any cash infusion into the Borrowers by any Person in the form of equity or Subordinated Debt pursuant to Subordinated Debt Documents.
Cash Infusion means any cash infusion into the Travis Xxxxxxes other than the Brunswick Financing by any Person in the form of equity or Subordinated Debt pursuant to Subordination Agreements, including, but not limited to, the Initial Cash Infusion. Without limitation of the foregoing, any proceeds of the Brunswick Financing shall not be deemed to be a Cash Infusion.
Examples of Cash Infusion in a sentence
Brian Macomber, resident, expressed his concerns regarding the City’s street tree maintenance responsibility.
Now that the Debtor’s business has been financially stabilized as a result of the Cash Infusion, the Debtor anticipates that it will be able to fund its Plan with revenues generated from its ongoing operations.
Chris Lisinski, Cash Infusion Not Stopping Most MBTA Service Cuts, WBUR, (Jan.
There is no guarantee that the Debtors will be able to obtain the Cash Infusion, refinance or sell the various Assets for a sum sufficient to realize the amounts required to fund the Plan.
Immediately thereafter, on the Effective Date, Reorganized Forum Health shall transfer the FHIL Cash Infusion to the Master Trustee for the benefit of the Holders of the Bonds and used, in accordance with the True-Up Agreement, for debt service reduction, including the Alternative Cash Payment Option.
More Definitions of Cash Infusion
Cash Infusion means (a) the receipt by GRANTEE or any of its Affiliates of funds or payments in one or more transactions in an aggregate amount exceeding [**] Dollars ($[**]) regardless of the source thereof, it being understood and agreed that (1) without limiting the foregoing, such funding may include the proceeds of the sale or issuance of any shares of capital stock or other securities of GRANTEE or any of its Affiliates, milestone or other payments received pursuant to any joint venture, collaboration, joint development or similar agreement and (2) in the event of the merger or consolidation of GRANTEE or any of its Affiliates with another Person, the cash, deposits, money market instruments, marketable securities and similar financial instruments held by such other Person or its Affiliate shall be counted as part of such Cash Infusion and the value of any proceeds paid to stockholders of GRANTEE and its Affiliates or (b) the direct or indirect purchase by a Third Party in one or more transactions of fifty percent (50%) or more of the outstanding shares of GRANTEE or any of its Affiliates or a merger or consolidation of GRANTEE or any of its Affiliates with a Third Party in which the proceeds of such purchase or merger to the shareholders of GRANTEE or such Affiliate have a value exceeding [**] Dollars ($[**]).
Cash Infusion means the cash paid by Alejandro Kiss in his personal capacity or any other entity owned or controlled by him of approximately $1 million to be used to fund the initial settlement payment to CPTDC.
Cash Infusion the receipt by the Borrower at the time specified below from one or more members of operating management of the Borrower of (a) a cash capital contribution or any other cash equity infusion or (b) cash proceeds of an unsecured loan that is fully subordinated to the Loans to the full extent required by the Agent (the "Subordinated Loan") pursuant to documentation satisfactory in form and substance to the Agent (such documentation, as in effect on the Closing Date, the "Subordinated Loan Agreement") or (c) a combination of (a) and (b), in an aggregate amount equal to (A) $3,000,000 to be received by the Borrower (i) with respect to $2,000,000 of said $3,000,000, on or prior to the Closing Date, and (ii) with respect to $1,000,000 of said $3,000,000, within ten (10) days of the Closing Date, and to be applied toward the payment of a portion of the purchase price payable by the Borrower to the Seller under the Purchase Agreement and/or the Special Tax Payment plus (B) if the sum of the aggregate purchase price payable by the Borrower to the Seller under the Purchase Agreement (after giving affect to any upward post-closing adjustment to said purchase price under the Purchase Agreement) plus the amount of the Special Tax Payment exceeds $66,000,000, an amount equal to such excess over $66,000,000, said amount to be received by the Borrower on or prior to the Closing Date and/or upon such upward post-closing adjustment to the purchase price becoming effective, as applicable, and such amounts to be applied toward the payment of a portion of said purchase price at closing, and/or to the payment of the amount by which the purchase price is increased pursuant to such adjustment, as applicable; the amount payable under this clause (B) to be reduced dollar for dollar by cash on hand and cash equivalents (within the meaning of generally accepted accounting principles) in PED which are a part of the assets being purchased from the Seller on the Closing Date; provided that the Cash Infusion may only be made by means of a Subordinated Loan to the extent that a cash infusion of the nature contemplated by clause (a) above would result in the common stock of the Borrower ceasing to meet the requirements for listing on the American Stock Exchange.
Cash Infusion means an equity or debt issuance by the Borrower to cure an Event of Default under Section 9.14 that is subordinate to the Loans and the Pre-Petition Loans
Cash Infusion means proceeds from the issuance of Equity Interests by the Borrower. Any Cash Infusion provided by the required date for delivery of the reports set forth in Section 7.03(b)(ii) for any Fiscal Quarter shall be treated as if such Cash Infusion had been provided on the last day of such Fiscal Quarter. Only one Cash Infusion shall be permitted to be included in EBITDA for any period of four Fiscal Quarters.
Cash Infusion means Borrowers receipt of cash in a form acceptable to Lender, resulting from subordinated debt, equity or a cash settlement related to patent infringement lawsuits, in amount no less than $1,000,000.00 on or before 12/31/2004.
Cash Infusion means the Cash that the Plan Funders shall pay to the Debtors on the Effective Date as new capital in an amount equal to all payments to Class 3 (General Unsecured Claims) and Class 4 (Seitel Unsecured Claims), plus $10,150,273.20, in exchange for the aggregate of which the Plan Funders (or such wholly owned direct or indirect subsidiary or subsidiaries of Berkshire Hathaway Inc. as they may designate) will receive 100% of the Equity Interests in each of the Reorganized Debtors, other than the No Asset Debtors, provided that the Plan Funders reserve the right to deduct from this sum an amount equal to the Cash distribution to which the Plan Funders are entitled on account of their Class 3 Claims and Class 4 Claims if they elect to do so on or prior to the Effective Date.