Ceiling Cash Position definition

Ceiling Cash Position means [REDACTED6] or such other value as the Secretary ofState may determine in accordance with paragraph 9.8 of Schedule 8.A (Franchise Payments);
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Ceiling Cash Position means [REDACTED] or such other value as the Authority may reasonably determine in ac cordance with paragraph 9.8 of Schedule 8.A (Franchise Payments);
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Ceiling Cash Position. Costs" Contingent SoS Claim "Disallowable Costs" "EMA Budget" "EMA Disallowable Costs" "EMA Emergency Working Capital Payments" "EMA Estimated Revenue" or "EER" "EMA Final Adjustment" "EMA Final Reviewed Accounts" "EMA Finance Review Meeting" "EMA FWCA" "EMA Periodic Adjustment Payment" "EMA Revenue Foregone" "EMA SoS Claims" "EMA Working Capital Payments" "EMA Working Capital Repayments" "Emergency Working Capital Payment" "Estimated Capital Expenditure" "Estimated Costs" "Estimated Revenue" "EWCR" "Escalation Trigger Date" "Final Working Capital Adjustment" or "FWCA" "First Franchise Payment" or "FFP" "First Reporting Period" "Fixed Fee" "Fixed Fee and Performance Based Fee" or "FFPBF" "Floor Cash Position" "Forecast Closing Cash Position" "Franchise Payment Component" "Good and Efficient Operator" Initial SoS Claim Amount "Periodic Adjustment" "Periodic Budgeted Capex Payment" or "PBCP" "Periodic Franchise Payment" or "PFP" "Periodic Finance Review Meeting" "Quarter" "Quarterly Budget Forecast Review Meeting" "Reporting Period 13" "Residual Components" "Revenue" "Revenue Foregone" "SoS Claim" "Supporting Materials" "Unreimbursed Disallowable Costs" "Working Capital Payment" "Working Capital Repayment" "Working Capital Shortfall"
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More Definitions of Ceiling Cash Position

Ceiling Cash Position means [REDACTED12] or such other value as the Secretary of State
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Ceiling Cash Position means [REDACTED5] or such other value as the Secretary of State may determine in accordance with paragraph 9.8 of Schedule 8A(EMA) (Franchise Payments);
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Ceiling Cash Position means [REDACTED5] cash at hand (excluding the value of amountson deposit as notified by the Franchise Operator to the Authority on 25 March 2020) or such other value as the Authority may determine in accordance with paragraph 9.8 of this Schedule 6.A (Franchise Payments);
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Ceiling Cash Position means [REDACTED23] or such other value as the Secretary of Statemay determine in accordance with paragraph 9.8 of Schedule 8.A (Franchise Payments);
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Ceiling Cash Position means [REDACTED4] cash at hand (excluding the value of SeasonTicket suspense liabilities) or such other value as the Secretary ofState may determine in accordance with paragraph 9.8 of Schedule8.A (Franchise Payments);
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Related to Ceiling Cash Position

  • Cash Position means the Company’s level of cash and cash equivalents.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

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

  • Target Net Working Capital Amount means $5,000,000.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Target Working Capital Amount means $75,000,000.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Net Working Capital Amount means, with respect to a Participating McNeil Partnership, the excess of the Positive Excess Cash Balance of such Participating McNeil Partnership over the cash on hand of such Participating McNeil Partnership immediately prior to the Effective Time.

  • Net Working Capital Target means $0.00.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;

  • Net Cash Flow means, with respect to the Property for any period, the amount obtained by subtracting Operating Expenses and Capital Expenditures for such period from Gross Income from Operations for such period.

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • Working Capital Deficit means the amount, if any, by which the Closing Working Capital is less than the Target Working Capital.

  • Working Capital Target means $0.

  • Net Cash means, without duplication and in any event as of the Net Cash Determination Time and, as applicable, determined in a manner consistent with the manner in which such items were historically determined and in accordance with Check-Cap’s audited financial statements and unaudited interim balance sheet, the sum of (i) Check-Cap’s unrestricted cash and cash equivalents (excluding marketable securities, other than marketable securities acquired in accordance with Keystone’s written consent, which shall not be unreasonably withheld, but including, for the avoidance of doubt, unrestricted cash deposits and interest accrued thereon), plus (ii) restricted cash items set forth in Section 1.1 of the Check-Cap Disclosure Schedule minus (iii) current and long-term liabilities payable in cash (excluding non-cash liabilities) accrued at Closing pursuant to GAAP, minus (iv) all of Check-Cap’s unpaid Transaction Costs, minus (iv) the cost of redemption of all Check-Cap Warrants (including for the avoidance of doubt, the Check-Cap Registered Direct Warrants and Check-Cap Placement Agent Warrants) that have redemption rights according to their terms, and are outstanding as of immediately prior to the Israeli Merger Effective Time (assuming the full redemption thereof), plus (v) all prepaid Check-Cap expenses listed on Section 1.1 of the Check-Cap Disclosure Schedule, plus (vi) the amount of any expenses paid or liabilities incurred by Check-Cap during the Interim Period that the insurer under Check-Cap’s D&O insurance policy listed on Section 1.1 of the Check-Cap Disclosure Schedule has unconditionally and irrevocably agreed in writing to pay and are in excess of the deductible under such policy, plus (vii) the amount of any Check-Cap Legacy Transaction Eligible Proceeds (disregarding, for purposes of this definition, the proviso in the definition of “Check-Cap Legacy Transaction Eligible Proceeds”) to be received by Check-Cap for any Check-Cap Legacy Transaction at or prior to the Closing Date, or to which Check-Cap is contractually entitled as of the Closing Date to receive within ninety (90) days following the Closing Date (subject to no conditions other than the passage of time).

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

  • Working Capital Amount means the difference between (x) the total current assets of the Company and its Subsidiaries and (y) the total current liabilities (other than the New Company Debt, the Existing Company Debt and Deal Expenses) of the Company and its Subsidiaries (in each case calculated in accordance with GAAP immediately prior to the Effective Time and after giving effect to the Contribution, the Distribution and the disposition of cash and cash equivalents contemplated by Section 6.24).

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Adjusted Funds From Operations means, for any period, Net Cash Flows From Operating Activities for such period plus Interest Expense for such period minus (x) the portion (but not less than zero) of Net Cash Flows From Operating Activities for such period attributable to any consolidated Subsidiary that has no Debt other than Nonrecourse Indebtedness and (y) After-Tax Transitional Funding Instrument Revenue for such period.

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.