Cash Needs definition

Cash Needs. Any cash needs or requirements of whatever kind of the Partnership for which sufficient funds are not available from investment income or from reserves held by the Partnership, including (i) funds required to be contributed by the Partnership to any Fund Entity for the purpose of acquiring Investments or paying costs and expenses related thereto, (ii) Organizational Expenses and any other Partnership Expenses, and (iii) the cost of redeeming Partnership Interests in accordance with this Agreement.
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Cash Needs has the meaning set forth in Section 3.2.
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Cash Needs has the meaning set forth in Section 3.4.
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Examples of Cash Needs in a sentence

  • The Total for 1st Year TOTAL in Section D must equal the Totals Total (Column 5, Row G) in Section A Ensure that the Forecasted Cash Needs: 15.

  • The Total for 1st Year TOTAL in Section D must equal the Total (Row 5, Column G) in Section A Ensure that the Forecasted Cash Needs: 15 TOTAL equals to SECTION A – Budget Summary: Line 5.

  • If so requested, each Member shall be obligated to make an Additional Capital Contribution equal to the product of its Company Percentage and the amount of the Cash Needs.

  • The Cash Needs Notice given to the Members shall be accompanied by documentation reasonably satisfactory to the Members confirming the actual or estimated amount of such Cash Needs of the LLC (and the Required Amount) for the period for which such demand is being made (which period shall not be less than thirty (30) days and shall not exceed ninety (90) days) and itemizing how the Required Amount will be applied.

  • Total (sum of lines 8 - 11) $0 $0 $24,759,830 $24,759,830 Section D - Forecasted Cash Needs Total for 1st Year 1st Quarter 2nd Quarter 3rd Quarter 4th quarter 13.

  • Within thirty (30) days after the date of the Cash Needs Notice, each Member shall advance as a capital contribution to the LLC its Requested Contribution.

  • If so requested, the General Partner and each Limited Partner shall be obligated to make an Additional Capital Contribution equal to the product of its Residual Percentage and the amount of the Cash Needs.

  • If such efforts to secure third party or Partner loans are unsuccessful, the General Partner may send the Limited Partners written notice ("ADDITIONAL CAPITAL NOTICE") requesting that the Limited Partners, together with the General Partner, contribute in cash such amounts as are necessary to satisfy such Cash Needs and describing the purpose for which the funds are needed.

  • Each Cash Needs Notice shall also set forth a date, no less than fifteen (15) Business Days following the date of the Cash Needs Notice, by which the Shortfall must be delivered to the Company (the “Cash Needs Date”).

  • In the event that a Cash Needs Notice is delivered to the Members, each Member shall, on or before the Cash Needs Date, make a Capital Contribution to the Company in an amount equal to its then current Percentage Interest multiplied by the applicable amount of the Shortfall.


More Definitions of Cash Needs

Cash Needs has the meaning set forth in Section 8.2.1.
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Cash Needs of the LLC" shall have the meaning ascribed to it in Section 4.3(a)(3) below.
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Cash Needs means (a) all expenditures or reimbursements contemplated by or required by the Annual Business Plan, and (b) funds necessary for the payment by the Company of property taxes, special taxes, assessments, utilities, insurance costs, and similar types of operating costs and expenses the payment of which cannot be deferred by the Company without adverse consequences to the Company or the Members.
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Cash Needs means and include any cash needs or requirements of whatever kind or nature, incurred or to be incurred in the course of the Partnership business, for which sufficient funds are not available to the Partnership from the sources described in clauses (i), (ii), (iii) and (iv) of this Section 4.1(b).
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Cash Needs. Any cash needs or requirements of whatever kind of the Partnership for which sufficient funds are not available from investment income or from reserves held by the Partnership, including (i) funds required to be contributed by the Partnership to any Fund Entity for the purpose of acquiring Investments or paying costs and expenses related thereto, (ii) Organizational Expenses and any other Partnership Expenses, and (iii) the cost of redeeming Partnership Interests in accordance with this Agreement. “CBD”: As defined in Section 5.2(b)(i). “Certificate”: As defined in Section 2.1. “Class A Major Investor”: An Investor with an aggregate Capital Commitment of at least $300 million. “Class B Major Investor”: An Investor with an aggregate Capital Commitment of at least $150 million, but less than $300 million. “Class C Major Investor”: An Investor with an aggregate Capital Commitment of at least $75 million, but less than $150 million. “Class D Major Investor”: An Investor with an aggregate Capital Commitment of at least $50 million, but less than $75 million. “Class N Partnership Units”: As defined in Section 3.5(a). “Code”: The Internal Revenue Code of 1986, as amended as of the date hereof and as the same may be amended from time to time, and any successor statute.
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Cash Needs means, with respect to any IM Business Entity not organized in the United States or a political subdivision thereof, an amount necessary for the business needs of such IM Business Entity in the ordinary course of business, as set forth on a country-by-country basis on Section 9.01(a) of the Seller Disclosure Schedules
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Related to Cash Needs

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Defined Contribution Plan Fraction for a Limitation Year shall mean a fraction, (A) the numerator of which is the sum of the Participant's Annual Additions under all defined contribution plans (whether or not terminated) maintained by the Employer for the current year and all prior Limitation Years (including annual additions attributable to the Participant's nondeductible employee contributions to all defined benefit plans (whether or not terminated) maintained by the Employer), and (B) the denominator of which is the sum of the maximum aggregate amounts for the current year and all prior Limitation Years with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). "Maximum aggregate amounts" shall mean the lesser of (I) the product of 1.25 (or such adjustment as required under Section 12.4) and the dollar limitation in effect under Section 415(c)(1)(A) of the Code, adjusted as prescribed by the Secretary of the Treasury under Section 415(d) of the Code, or (II) the product of 1.4 and the amount that may be taken into account under Section 415(c)(1)(B) of the Code; provided, however, that the Committee may elect, on a uniform and nondiscriminatory basis, to apply the special transition rule of Section 415(e)(7) of the Code applicable to Limitation Years ending before January 1, 1983 in determining the denominator of the Defined Contribution Plan Fraction. If the Employee was a Participant as of the end of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the defined benefit fraction would otherwise exceed 1.0 under the terms of this Plan. Under the adjustment, an amount equal to the product of (1) the excess of the sum of the fractions over 1.0 times (2) the denominator of this fraction, will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and conditions of the Plan made after May 5, 1986, but using the Section 415 limitation applicable to the first Limitation Year beginning on or after January 1, 1987. The annual addition for any Limitation Year beginning before January 1, 1987, shall not be recomputed to treat all Employee contributions as Annual Additions.

  • Unrestricted Cash and Cash Equivalents means, with respect to any Person, cash and Cash Equivalents of such Person that are free and clear of all Liens and not subject to any restrictions on the use thereof to pay Indebtedness and other obligations of such Person.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Payments in lieu of contributions means the money payments to