Cash Management Practices definition

Cash Management Practices means the cash, Cash Equivalent and short-term investment management practices of the Consolidated Companies as approved by the board of directors or chief financial officer of the Company from time to time, including any Indebtedness of the Consolidated Companies having a maturity of 92 days or less representing borrowings from any financial institution with which the Consolidated Companies have a depository or other investment relationship in connection with such practices (or any Affiliate of such financial institution), which borrowings may be secured by the cash, Cash Equivalents and other short-term investments purchased by the relevant Consolidated Company with the proceeds of such borrowings.

Cash Management Practices means the cash, Eligible Cash Equivalent, and short-term investment management practices of the Company and its Subsidiaries as approved by the Board of Directors or chief financial officer of the Company from time to time, including Debt of the Company or any of its Subsidiaries having a maturity of 92 days or less representing the borrowings from any financial institution with which the Company or any of its Subsidiaries has a depository or other investment relationship in connection with such practices (or any Affiliate of such financial institution), which borrowings may be secured by the cash, Eligible Cash Equivalents and other short-term investments purchased by the Company or any of its Subsidiaries with the proceeds of such borrowings.

Cash Management Practices means the cash, Eligible Cash Equivalents, and short-term investment management practices of FIS and its subsidiaries as approved by our board of directors or chief financial officer from time to time, including Debt of us or any of our subsidiaries having a maturity of 92 days or less representing the borrowings from any financial institution with which we or any of our subsidiaries has a depository or other investment relationship in connection with such practices (or any Affiliate of such financial institution), which borrowings may be secured by the cash, Eligible Cash Equivalents and other short-term investments purchased by us or any of our subsidiaries with the proceeds of such borrowings.

Examples of Cash Management Practices in a sentence

The Global Intercompany Note (which shall contain subordination provisions satisfactory to the Administrative Agent, including with respect to the Existing Cash Management Practices) shall have been duly executed by the parties thereto and delivered to the Administrative Agent.
There shall be no material changes to the Existing Cash Management Practices of the Lead Borrower and its Subsidiaries as in effect prior to the Closing Date (this Section 7.17, the “Cash Management Provision”).

Cash Management Practices means the cash, Cash Equivalent and short-term investment management practices of the Loan Parties or their respective Subsidiaries as approved by the board of directors or the principal financial, accounting officer or treasurer of the Company from time to time, including in respect of netting services, overdraft protection or credit cards, and any Indebtedness of the Loan Parties or their respective Subsidiaries incurred in the ordinary course of business having a maturity of 92 days or less representing borrowings from any financial institution with which the Loan Parties or their respective Subsidiaries have a depository or other investment relationship in connection with such practices (or any Affiliate of such financial institution), which borrowings may be secured by the cash and Cash Equivalents purchased by the relevant Loan Party or Subsidiary with the proceeds of such borrowings.

Cash Management Practices means the cash, Cash Equivalent and short-term investment management practices of the Restricted Companies as approved by the board of directors or chief financial officer of the Borrower from time to time, including any Indebtedness of the Restricted Companies having a maturity of 92 days or less representing borrowings from any financial institution with which the Restricted Companies have a depository or other investment relationship in connection with such practices (or any Affiliate of such financial institution), which borrowings may be secured by the cash and Cash Equivalents purchased by the relevant Restricted Company with the proceeds of such borrowings.

Cash Management Practices means the cash, Cash Equivalent and short-term investment management practices of the Consolidated Companies as approved by the board of directors or chief financial officer of the Company from time to time, including any Indebtedness of the Consolidated Companies having a maturity of 92 days or less representing borrowings from any financial institutionwith which the Consolidated Companies have a depository or other investment relationship in connection with such practices (or any Affiliate of such financial institution), which borrowings may be secured by the cash, Cash Equivalents and other short-term investments purchased by the relevant Consolidated Company with the proceeds of such borrowings.

Cash Management Practices has the meaning specified in Section 4.21.

Cash Management Practices means (a) the ordinary course cash management practices of Trinseo Holdings and its Subsidiaries as in effect prior to the Issue Date, including with respect to the ordinary course cash management practices related to the funding, sweeping or transferring of cash in accordance with that certain Amended and Restated Cash Pooling Agreement, dated as of May 22, 2023 and effective as of December 31, 2022 and (b) capital contributions made by or to Trinseo Holdings and its Subsidiaries to satisfy minimum capitalization or solvency requirements under local law, provided that such contribution must be made for legitimate business purposes and not made for the purposes of adversely affecting the credit position of the Holders.

Cash Management Practices means the cash, Cash Equivalent and short-term investment management practices of the Company and its Restricted Subsidiaries as approved by the board of directors or chief financial officer or treasurer of the Company from time to time, including any Indebtedness of the Company and its Restricted Subsidiaries having a maturity of 92 days or less representing borrowings from any financial institution with which the Company and its Restricted Subsidiaries have a depository or other investment relationship in connection with such practices (or any Affiliate of such financial institution), which borrowings may be secured by the cash, Cash Equivalents and other short-term investments purchased by the relevant Person with the proceeds of such borrowings.