Cash Pool Arrangement definition

Cash Pool Arrangement means a centralized cash pooling arrangement of any group of Subsidiaries with a Cash Pool Bank under which such Subsidiaries make deposits with and receive advances from such Cash Pool Bank in order to facilitate the efficient deployment of cash of such Subsidiaries.
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Cash Pool Arrangement means the cash pooling arrangement for financing of the group of Sellers’ Parent, inter alia, the Group Companies.
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Cash Pool Arrangement means the participation by the Company in the Seller’s cash pool arrangement with Svenska Handelsbanken AB, to which the Company has acceded pursuant to the participation agreement dated 19 September 2018.
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Examples of Cash Pool Arrangement in a sentence

  • Maintain Cash Pool Availability under each Cash Pool Arrangement in excess of the Cash Pool Obligations outstanding thereunder.

  • The Cash Pool Availability under each Cash Pool Arrangement exceeds the Cash Pool Obligations outstanding thereunder, and no Cash Pool Bank has made extensions of third party financing pursuant to any Cash Pool Arrangement in excess of the Cash Pool Availability thereunder.

  • The Sellers’ Parent shall procure that the Cash Pool Arrangement is terminated in relation to all Group Companies no later than five (5) Business Days prior to the scheduled Closing Date without further termination costs for the relevant Group Companies.

  • The Seller shall procure that the Cash Pool Arrangement will be fully settled on the Closing Date, in accordance with what is set out in Clause 5.3(f).

  • When settling the Cash Pool Arrangement a new stand-alone cash account of the Company will be opened in Svenska Handelsbanken.

  • The Cash Pool Arrangement pursuant to the Cash Pooling Agreement, dated July 10, 2008, by and among Pall Netherlands B.V., Pall Corporation, the Subsidiaries listed below and Bank Mendes Gans N.X., as Cash Pool Bank.

  • The Cash Pool Arrangement pursuant to the Cash Pooling Agreement, dated July 10, 2008, by and among Pall Netherlands B.V., Pall Corporation, the Subsidiaries listed below and Bank Mendes Xxxx N.V., as Cash Pool Bank.


More Definitions of Cash Pool Arrangement

Cash Pool Arrangement means the cash pooling arrangement for financing of the group of Sellers’ Parent, inter alia, the Group Companies. “Cash Pool Balance” means a balance owed under the Cash Pool Arrangement by or to a Group Company, as the case may be, upon the termination of the Cash Pool Arrangement pursuant to Clause 6.6. “China” has the meaning set out in Recital (A) of this Agreement “China Settlement Loan Balance” has the meaning as set out in Clause 6.6.5. “Chinese Settlement Loan” has the meaning as set out in Clause 6.6.3 “Chinese SPA” has the meaning set out in Clause 2.2.5. “Closing” means the consummation of the transactions agreed in this Agreement, in particular the consummation of the transfer of the Shares. “Closing Accounts” has the meaning set out in Clause 9.1.1 “Closing Account Date” has the meaning set out in Clause 9.1.1. “Closing Actions” has the meaning set out in Clause 8.2. “Closing Date” means the day on which Closing occurs. “Contamination” means the known or unknown presence of any Hazardous Material in the Environment. “Deposit Date” has the meaning set out in Clause 5.3.1(ii). “Deposit Materials” has the meaning set out in Clause 5.3.1(ii). “Disputed Item” has the meaning set out in Clause 9.3.2. “Dispute Period” has the meaning set out in Clause 9.3.2. “Dispute Report” has the meaning set out in Clause 9.3.2. “Draft Closing Accounts” has the meaning set out in Clause 9.3.1. “Drawing” has the meaning set out in Clause 5.1.3. “Earn Out Amount” has the meaning set out in Clause 3.3.3. /// 59 NOTARIZED VERSION “Environment” means all or any of the following: air (including the air in buildings), water (including water bodies, groundwater, water under or within land or in drains or in sewers), soil, soil gas, land, biota, buildings and installations or other man-made structures. “Environmental Law” means the legal provisions and governmental regulations concerning the protection of the Environment, applicable at the time of the Closing, in the form as applied by the respective competent authority, including legal provisions which have been enacted but have not yet entered into force as well as legal provisions to be enacted under European Directives which have not yet been implemented in the relevant jurisdiction. “Environmental Permit” means any licence, approval, authorisation, permission, agreement or exemption granted under any legal provision or other governmental regulation for the protection of the environment applicable at the date of this ...
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Related to Cash Pool Arrangement

  • legal arrangement means a trust or other similar arrangement;

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Life-of-the-unit, firm power contractual arrangement means a unit participation power sales agreement under which a utility or industrial customer reserves, or is entitled to receive, a specified amount or percentage of nameplate capacity and associated energy from any specified unit and pays its proportional amount of such unit's total costs, pursuant to a contract:

  • Compensation Arrangement means any direct or indirect compensatory payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation, including any agreement, arrangement or understanding with respect to any direct or indirect compensation, reimbursement or indemnification in connection with candidacy, nomination, service or action as a nominee or as a director of the Corporation;

  • Treasury Management Arrangement means any agreement or other arrangement governing the provision of treasury or cash management services, including deposit accounts, overdraft, credit or debit card, funds transfer, automated clearinghouse, zero balance accounts, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services.

  • Travel Arrangements means: (a) transportation: (b) accommodations: and (c) other specified services arranged by the Travel Supplier for the covered trip.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Unit Price Arrangement means that part of the Contract that prescribes the product of a price per unit of measurement multiplied by a number of units of measurement for performance of the Work to which it relates;

  • referral arrangement means any arrangement in which a registrant agrees to pay or receive a referral fee;

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Credit Party and any Cash Management Bank.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • General Arrangement Drawings shall have the meaning set forth in Clause 3.1 (iii) (b);

  • Cash Pooling Arrangements means a deposit account arrangement among a single depository institution, CDW and one or more Foreign Subsidiaries involving the pooling of cash deposits in and overdrafts in respect of one or more deposit accounts (each located outside of the United States and any States and territories thereof) with such institution by CDW and such Foreign Subsidiaries for cash management purposes.

  • Qualifying Control Agreement means an agreement, among a Loan Party, a depository institution or securities intermediary and the Administrative Agent, which agreement is in form and substance acceptable to the Administrative Agent and which provides the Administrative Agent with “control” (as such term is used in Article 9 of the UCC) over the deposit account(s) or securities account(s) described therein.

  • Tax Sharing Arrangement means any written or unwritten agreement or arrangement for the allocation or payment of Tax liabilities or payment for Tax benefits with respect to a consolidated, combined or unitary Tax Return which includes the Company.

  • Security Based Compensation Arrangement means a stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares to Directors, officers, Employees and/or service providers of the Corporation or any subsidiary of the Corporation, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Foreign Government Scheme or Arrangement has the meaning specified in Section 5.12(d).

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Change in Control Agreement means a written Change in Control Agreement between an employee and the Company or an Affiliate.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Defined Contribution Plan A retirement plan which provides for an individual account for each participant and for benefits based solely on the amount contributed to the participant's account, and any income, expenses, gains and losses, and any forfeitures of accounts of other participants which the plan may allocate to such participant's account. The Advisory Committee must treat all defined contribution plans (whether or not terminated) maintained by the Employer as a single plan. Solely for purposes of the limitations of Part 2 of this Article III, the Advisory Committee will treat employee contributions made to a defined benefit plan maintained by the Employer as a separate defined contribution plan. The Advisory Committee also will treat as a defined contribution plan an individual medical account (as defined in Code Section 415(l)(2)) included as part of a defined benefit plan maintained by the Employer and, for taxable years ending after December 31, 1985, a welfare benefit fund under Code Section 419(e) maintained by the Employer to the extent there are post-retirement medical benefits allocated to the separate account of a key employee (as defined in Code Section 419A(d)(3)).

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Transaction Payroll Taxes means all employer portion payroll or employment Taxes incurred in connection with any bonuses, option cash-outs or other compensatory payments in connection with the Transactions.

  • Cash Management Agreement means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements.

  • Share Compensation Arrangement means any stock option, stock option plan, employee stock purchase plan or any other compensation or incentive mechanism involving the issuance or potential issuance of Shares, including a share purchase from treasury which is financially assisted by the Corporation by way of a loan, guarantee or otherwise;

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.