Cash Surplus definition

Cash Surplus means the amount, if any, by which the Final Cash Balance exceeds the Estimated Closing Date Cash.

Cash Surplus means with respect to Issuer, the cash surplus available with the Issuer (other than monies lying in the Distribution Account) after meeting all taxes, operations and maintenance expenses, debt payments to their lenders and maintenance of all reserves required to be maintained by them as further detailed in the Trust and Retention Account Agreements.

Cash Surplus means the excess of cash receipts over cash disbursements for a given financial period.

Examples of Cash Surplus in a sentence

• The municipality shall utilise any of the following sources to acquire and / or purchase assets: Grants, Subsidies and Public Contributions; Revenue Contributions; Capital Replacement Reserve; Cash Surplus; and / or External / Donor Funds.

• The Borrower may not borrow any Loans to the extent that (a) the Borrower and the Loan Parties have any Cash Surplus at such time, or (b) any such Loan would trigger a mandatory prepayment pursuant to Section 5.7 [Mandatory Prepayments] of this Agreement.

• If on any Business Day the Borrower or any other Loan Party have any Cash Surplus on such date, then the Borrower shall prepay the Revolving Credit Loans on or before the third Business Day following such date in an amount equal to such Cash Surplus.

• Each Cash Surplus transferred, as the case may be, directly from an Operating Account or a Secondary Account to the Concentration Account, shall give rise to a claim on the part of the relevant Participating Company against Polca, in an amount equal to the positive difference (if any) between the amount of the Cash Surplus and the amount of any outstanding Advance on that date (hereinafter the “Deposit”).

• Required Principal Payments Required Debt Service for other approved loans Debt Service Reserve (if required) General Operating Reserve (Coops) Total Cash Requirements Less Total Revenue Net Cash Surplus (Deficiency) I hereby certify that all the information stated herein, as well as any information provided in the accompaniment herewith, is true and accurate.Warning: HUD will prosecute false claims and statements.

More Definitions of Cash Surplus

Cash Surplus shall refer, for a given Business Day, to an amount equal to any net credit balance of all Operating Accounts of the Participating Company denominated in Currency within the limit of the amounts credited to its Secondary Account.

Cash Surplus means when the cash balance of the Corporation exceeds “minimum cash balance requirements”.

Cash Surplus means available funds of the Issuer, including Cash and Cash Equivalents and financial investments classified as short and/or long-term on the Issuer’s balance sheet, as of September 30 of each year, after subtracting R$1,000,000,000.00 (one billion Reais) (“Minimum Cash”), as adjusted for the IPCA from [date], and adjusted by the net regulatory liabilities of the Issuer’s regulatory assets. Such amount shall be increased by an amount equivalent to the repayment obligations and interest on loans, financing and issuances on local and/or foreign capital markets, due by November 15 of the applicable fiscal year.

Cash Surplus has the meaning set forth in Section 5.17.

Cash Surplus means the excess, if any, of Available Cash (as set out on the Closing Date Statement) over Estimated Cash.

Cash Surplus means the amount by which Cash exceeds the Cash Target.

Cash Surplus means the dollar amount of the excess of the Company's cash balance as of a relevant date over $125,000.00.