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

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.

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.

• The Deposit may vary to take into account any restitutions that have been made, as indicated in this article, transfers between Participating Companies as provided by Article 2.1(B), a new Cash Surplus, or debit or credit interest.

• Any Cash Surplus transferred by a Participating Company to its Secondary Account (or to its Operating Account, in the absence of a Secondary Account) shall be allocated with priority by operation of law and with no formalities to the repayment in whole or in part of any Advance granted to the Participating Company which is outstanding on the transfer date.

More Definitions of Cash Surplus

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

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 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 means a situation, where cash receipts exceed cash disbursements.

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

Cash Surplus means the amount, if any, by which the Final Closing Cash (as set forth on the Final Closing Statement) is greater than the Estimated Closing Cash.

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