Cash Obligations definition

Cash Obligations means, as at any time, the Obligations of the Company or any Guarantor, as applicable, to the extent then payable in cash.
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Cash Obligations means, as at any time, the Obligations of the Company or any Guarantor, as applicable, to the extent then
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Examples of Cash Obligations in a sentence

  • For the avoidance of doubt, nothing in this Section 2(b) shall apply at any time to any Obligations of the Company or any Guarantor to the extent that they are not then Cash Obligations.

  • Upon the closing of the Capital Raise, to the extent not satisfied by FPM prior to the Closing, the Pre-Closing Cash Obligations will be paid from the proceeds of the Capital Raise.

  • In addition to the Accrued Cash Obligations, in the event the Executive’s employment terminates by reason of his death or Disability, the Executive or his estate will be paid his Target Bonus, pro-rated for his actual period of service during the fiscal year in which such termination of employment occurs.

  • Each Secured Party, with respect to the Post-Closing Cash Obligations, hereby constitutes and appoints ▇▇.

  • Following Closing, to the extent not satisfied by Qorus prior to or at Closing, the Pre-Closing Cash Obligations will be paid in full from the Cash Reserve; provided, however, that in the event the Cash Reserve is not sufficient to pay the Pre-Closing Cash Obligations, KRM Fund shall pay such Pre-Closing Cash Obligations which remain unpaid.

  • The Company’s Cash Obligations under the June 2005 Notes and the June 2005 Loan Agreement (up to an aggregate amount equal to the June 2005 Loan Maximum Amount in effect from time to time) shall at all times be senior and prior in right of payment to the Company’s Cash Obligations under the ▇▇▇▇▇▇ Loan Agreement and the ▇▇▇▇▇▇ Note.

  • Qorus will establish the Cash Reserve provided for in Section 4.23 in an amount equal to the monetary obligations of Qorus in respect of all unpaid accounts payable and accrued expenses of Qorus as of Closing (other than under the Financial Advisory Agreement) (collectively, the "Pre-Closing Cash Obligations").

  • Such Guarantor’s Cash Obligations under its June 2005 Guaranty in respect of the Company’s Obligations to the June 2005 Lenders (up to an aggregate amount equal to the June 2005 Loan Maximum Amount in effect from time to time) shall at all times be senior and prior in right of payment to such Guarantor’s Cash Obligations under its ▇▇▇▇▇▇ Guaranty.

  • Standby letters of credit $ 2,371 $ 1,969 $ 402 $ - $ - Unfunded commitments under lines of credit 14,737 10,518 4,219 - - Commitments to originate loans 7,093 6,682 411 - - Total commitments $ 24,201 $ 19,169 $ 5,032 $ - $ - Contractual Cash Obligations.

  • Upon Closing, to the extent not satisfied by the Company prior to or at Closing, the Pre-Closing Cash Obligations will be paid in full from the Cash Reserve.

Related to Cash Obligations

  • U.S. Obligations means non-redeemable securities evidencing an obligation to timely pay principal and/or interest in a full and timely manner that are direct obligations of the United States of America for the payment of which its full faith and credit is pledged.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • DIP Obligations means “DIP Obligations” as defined in the DIP Order.

  • Overdraft Obligations means, with respect to any Portfolio, the amount of any outstanding Overdraft(s) provided by the Custodian to such Portfolio together with all accrued interest thereon.

  • L/C Obligations means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn.