Cash Ratio definition

Cash Ratio means a fraction, the numerator of which is the Per Share Cash Consideration and the denominator of which is the sum of (i) the product of the Exchange Ratio multiplied by the Parent Trading Price and (ii) the Per Share Cash Consideration.

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Cash Ratio means a specific ratio, expressed as a percentage, of (i) the value of all Eligible Margin Assets in form of cash (“Cash Margin”) to (ii) the sum of the overall margin requirement calculated by Eurex Clearing AG with respect to the relevant internal margin accounts (specified as relevant for the Cash Ratio in accordance with

Cash Ratio means (a) with respect to Class L Common Stock, a fraction, the numerator of which is the Per Share Merger 1 Cash Amount and the denominator of which is the sum of (i) the product of (A) the Per Share Merger 1 Stock Amount multiplied by (B) the Parent Measurement Price plus (ii) the Per Share Merger 1 Cash Amount and (b) with respect to SCCII Preferred Stock, a fraction, the numerator of which is the Per Share Merger 2 Cash Amount and the denominator of which is the sum of (i) the product of (A) the Per Share Merger 2 Stock Amount multiplied by (B) the Parent Measurement Price plus (ii) the Per Share Merger 2 Cash Amount.

Examples of Cash Ratio in a sentence

• Does Not Meet: Cash Ratio is between 0.9 and 1.0 OR Cash Ratio equals 1.0 and one-year trend is negative.

• For each Measurement Period, maintain a Debt to Cash Ratio of 1.0:1.0.

• At any time that the Minimum Cash Ratio is below 0.50 to 1.00, Bank may notify any Person owing funds to Borrower of Bank’s security interest in such funds and verify the amount of such Account.

• In the event these assumptions change between the date hereof and the Closing Date, the actual amount of the Common Cash Ratio will be subject to change.

• Within three (3) business days of such conclusive determination: if (A) the Final Cash Ratio is less than 2.30, and/or (B) the amount of the Uncollected Accounts Receivable exceeds the Established Reserve, then PURCHASER and the Stockholders’ Agent shall jointly instruct the Escrow Agent in writing to transfer from the Escrow Amount to PURCHASER an amount equal to the Adjustment Amount.

More Definitions of Cash Ratio

Cash Ratio is defined in Section 2.6(a).

Cash Ratio means 0.11.

Cash Ratio means (i) the Estimated Cash Consideration divided by (ii) (A) the Estimated Cash Consideration plus

Cash Ratio means a fraction, the numerator of which is the Per Share Closing Cash Amount and the denominator of which is the sum of

Cash Ratio means (i) for Series A Preferred Stock, the quotient ---------- obtained by dividing the Series A Aggregate Preference Amount by the Aggregate Preferred Amount, (ii) for Series B Preferred Stock, the quotient obtained by dividing the Series B Aggregate Preference Amount by the Aggregate Preferred Amount, and (iii) for Series C Preferred Stock, the quotient obtained by dividing the Series C Aggregate Preference Amount by the Aggregate Preferred Amount.

Cash Ratio the quotient of (x) Closing Cash Consideration and (y) the sum of the Closing Cash Consideration and the value (based on the Parent Common Stock Closing Price) of the Closing Stock Consideration and the Escrow Shares. Certificate: a certificate representing shares of Common Stock.

Cash Ratio means the quotient, expressed as a percentage, obtained by dividing (a) the Aggregate Cash Amount by (b) the Aggregate Stockholder Proceeds.