Cash Overage definition

Cash Overage has the meaning set forth in Section 2.3(a).
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Cash Overage as of any Determination Date, an amount equal to the remainder of (a) Total Cash Sources for the Applicable Period ending on such Determination Date MINUS (b) Non-Subordinated Fixed Charges for such Applicable Period MINUS (c) the aggregate amount of all accrued and unpaid Senior Subordinated Payments (including for the current period) MINUS (d) 110% of the amount of the accreted discount on the Senior Subordinated Notes with respect to such Applicable Period.
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Cash Overage is defined in Section 3.6(a)(i).
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Examples of Cash Overage in a sentence

  • The amount of the Estimated Closing Cage Cash Overage (if any) determined to be due and owing to Sellers pursuant to the Estimated Cage Cash Closing Statement shall be paid by Buyer at the Closing pursuant to Section 2.01.

  • Any such amounts determined to be payable pursuant to the Final Cage Cash Closing Statement shall be paid either to Sellers (in the case of a Final Closing Cage Cash Overage) or Buyer (in the case of a Final Closing Cage Cash Shortage) pursuant to Section 3.03(e) (the “Final Cage Cash Closing Payment”).

  • In Bus Operations, employees will be issued Cash Shortage and/or Cash Overage Vouchers depending on the circumstances.

  • Any employee that does not follow the Cash Overage Procedure and withholds cash overages or other store funds will be terminated.

  • The payment of the Cash Overage shall be deemed to be part of the AECsoft USA Purchase Price for purposes of this Agreement.

  • In Station operations, unclaimed overages will be applied to offset shortages as outlined in In Bus Operations, employees will be issued Cash Shortage and/or Cash Overage Vouchers depending on the circumstances.


More Definitions of Cash Overage

Cash Overage as of any Determination Date, an amount equal to the remainder of (a) Total Cash Sources for the Applicable Period ending on such Determination Date minus (b) Non- Subordinated Fixed Charges for such Applicable Period minus (c) the aggregate amount of all accrued and unpaid Senior Subordinated Payments (including for the current period) minus (d) 110% of the amount of the accreted discount on the Senior Subordinated Notes with respect to such Applicable Period.
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Related to Cash Overage

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Cash on Hand means, as of any date, all ▇▇▇▇▇ cash, vault cash, teller cash, ATM cash, prepaid postage and cash equivalents held at a Branch.

  • Lease Balance means, as of any date of determination, an amount equal to the aggregate sum of the outstanding amount of the Advances, plus (without duplication) all accrued and unpaid Basic Rent and all Supplemental Rent owing by the Lessee under the Operative Documents.

  • Cash Sweep Period means each period commencing on the occurrence of a Cash Sweep Event and continuing until the earlier of (a) the Payment Date next occurring following the related Cash Sweep Event Cure, or (b) until payment in full of all principal and interest on the Loan and all other amounts payable under the Loan Documents.