Consolidated Cash Balances means, at any date, the aggregate amount of Qualifying Cash Investments of the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP. If the amount of value of a Qualifying Cash Investment is not priced daily on a recognized national market or by the issuer thereof or is not otherwise readily determinable, then the Administrative Agent shall determine the amount or value of such Qualifying Cash Investment using commercially reasonable valuation methods.
Consolidated Cash Balances means, at any time, (a) the aggregate amount of cash and Cash Equivalents, in each case, credited to and held in a Controlled Account and that is reflected as an asset on the balance sheet of, the Company and its Restricted Subsidiaries less (b) as of the date of such determination, the sum of (i) any Cash Equivalents to pay bona fide licensing obligations, severance taxes, payroll, payroll taxes, other taxes, employee wage and benefit payments and trust and fiduciary obligations or other obligations of the Company or any Restricted Subsidiary to third parties which may arise in the ordinary course of business of owning Oil and Gas Properties and for which either (x) the Company or such Restricted Subsidiary has issued checks or has initiated wires or ACH transfers (but which amounts have not, as of such time, been subtracted from the balance in the relevant account of the Company or such Restricted Subsidiary) or (y) reasonably anticipates in good faith that it will issue checks or initiate wires or ACH transfers within ten (10) days thereafter, (ii) other amounts permitted to be paid by the Company or any Restricted Subsidiary in accordance with this Indenture and the Security Documents for which the Company or such Restricted Subsidiary has issued checks or has initiated wires or ACH transfers (but which amounts have not, as of such time, been subtracted from the balance in the relevant account of the Company or such Restricted Subsidiary), (iii) while and to the extent refundable and held by the Company or any Restricted Subsidiary, any cash or Cash Equivalents paid to and held by the Company or any such Restricted Subsidiary constituting purchase price deposits pursuant to a binding and enforceable purchase and sale agreement with a third party containing customary provisions regarding the payment and refunding of such deposits (including, without limitation, the Purchase and Sale Agreement dated August 22, 2015 relating to the Angolan Assets), and (iv) any cash or Cash Equivalents held by the Company or any Restricted Subsidiary in good faith to fund any customary deposit in the nature of xxxxxxx money with respect to, or the purchase price of, any future acquisition permitted under this Indenture and (v) without duplication of the foregoing clauses (i) through (iv), any cash or Cash Equivalents that appear (or would be required to appear) as “restricted” on the consolidated balance sheet of the Company or are not otherwise generally available for us...
Consolidated Cash Balances means, at any time, (a) the aggregate amount of cash and Cash Equivalents, in each case, held or owned by (either directly or indirectly), credited to the account of, or that would otherwise be required to be reflected as an asset on the balance sheet of, the Parent and its Subsidiaries less (b) the sum of (i) any restricted cash or Cash Equivalents to pay bona fide royalty obligations, working interest obligations, production payments, vendor payments, suspense payments, severance taxes, payroll, payroll taxes, other taxes, employee wage and benefit payments and trust and fiduciary obligations (ii) cash or Cash Equivalents to pay obligations of the Parent, Borrower or any Subsidiary to third parties and for which either (x) the Parent, Borrower or such Subsidiary has issued checks or has initiated wires or ACH transfers (but which amounts have not, as of such time, been subtracted from the balance in the relevant account of the Parent, Borrower or such Subsidiary) or (y) reasonably anticipates in good faith that it will issue checks or initiate wires or ACH transfers within ten (10) Business Days thereafter, (iii) other amounts permitted to be paid by the Parent, Borrower or any Subsidiary in accordance with this Agreement and the other Loan Documents for which the Parent, Borrower or such Subsidiary has issued checks or has initiated wires or ACH transfers (but which amounts have not, as of such time, been subtracted from the balance in the relevant account of the Parent, the Borrower or such Subsidiary), (iv) while and to the extent refundable, any cash or Cash Equivalents held by the Parent, Borrower or any Subsidiary constituting purchase price deposits pursuant to a binding and enforceable purchase and sale agreement with a third party containing customary provisions regarding the payment and refunding of such deposits, (v) any cash or Cash Equivalents held by the Parent, Borrower or any Subsidiary in good faith to fund any customary deposit in the nature of xxxxxxx money with respect to, or the purchase price of, any future acquisition permitted under this Agreement so long as the Borrower shall have provided notice of its intention to make such acquisition to the Administrative Agent at or prior to such time, (vi) cash held to Cash Collateralize Letters of Credit and (vii) cash and Cash Equivalents held in the Collateral Account.
Examples of Consolidated Cash Balances in a sentence
The Borrower shall maintain, as of the last day of each fiscal quarter, Consolidated Cash Balances in an amount of not less than $60,000,000.
At all times the Notes are outstanding, the Company and its Restricted Subsidiaries shall maintain aggregate Consolidated Cash Balances equal to at least U.S. $200.0 million.
At all times when any Notes are outstanding, the Company and its Restricted Subsidiaries shall maintain aggregate Consolidated Cash Balances equal to at least $7.5 million.
This Transfer Agreement will be governed by the laws of the Property Jurisdiction.
The Borrower shall not permit the amount of Consolidated Cash Balances on the last day of any fiscal quarter of the Borrower to be less than 150% of the amount of Consolidated Firstar Funded Debt on such date.
It enables teachers and other members of staff in the school, authorised by the Headmistress, to use such force as is reasonable in the circumstances, to prevent a pupil from: Committing an offence. Causing personal injury to, or damage to the property of, any person (including the pupil himself). Engaging in any behaviour prejudicial to the maintenance of good order and discipline at the school or among its pupils, whether during a teaching session or otherwise.
Notwithstanding the above, no more than one time prior to the Revolving Credit Termination Date, Borrower may declare and pay a single, lump sum dividend which exceeds 50% of Consolidated Net Income if and only if at the time of payment: (a) Consolidated Net Income is greater than $0 and (b) Consolidated Cash Balances are greater than $275,000,000.
Transportation planning uses include calibrating and validating travel demand models, estimating traffic impacts to plan for similar future events, and congestion performance reporting.
More Definitions of Consolidated Cash Balances
Consolidated Cash Balances means the consolidated cash balances of -------------------------- the Borrower and its Subsidiaries.
Consolidated Cash Balances means, at any time, (a) the aggregate amount of cash and Cash Equivalents, in each case, credited to and held in a Controlled Account and that is reflected as an asset on the balance sheet of, the Company and its Restricted Subsidiaries less (b) as of the date of such determination, the sum of (i) any Cash Equivalents to pay bona fide licensing obligations, severance taxes, payroll, payroll taxes, other taxes, employee wage and benefit payments and trust and fiduciary obligations or other obligations of the Company or any Restricted Subsidiary to third parties which may arise in the ordinary course of business of owning Oil and Gas Properties and for which either (x) the Company or such Restricted Subsidiary has issued checks or has initiated wires or ACH transfers (but which amounts have not, as of such time, been subtracted
Consolidated Cash Balances means, at any date, the aggregate
Consolidated Cash Balances means, at any time, (a) the aggregate amount of cash and Cash Equivalents, in each case, held or owned by (either directly or indirectly), credited to the account of, or that would otherwise be required to be reflected as an asset on the balance sheet of, the Parent and its Subsidiaries less (b) the sum of (i) any restricted cash or Cash Equivalents to pay bona fide royalty obligations, working interest obligations, production payments, vendor payments, suspense payments, severance taxes, payroll, payroll taxes, other taxes, employee wage and benefit payments and trust and fiduciary obligations (ii) cash or Cash Equivalents to
Consolidated Cash Balances means, at any time, (a) the aggregate amount of cash and Cash Equivalents, in each case, held or owned by (either directly or indirectly), credited to the account of, or that would otherwise be required to be reflected as an asset on the balance sheet of, the Parent and its Subsidiaries less (b) the sum of (i) any restricted cash or Cash Equivalents to pay bona fide royalty obligations, working interest obligations, production payments, vendor payments, suspense payments, severance taxes, payroll, payroll taxes, other taxes, employee wage and benefit payments and trust and fiduciary obligations (ii) cash or Cash Equivalents to