Consolidated Liquid Assets definition

Consolidated Liquid Assets means, at a particular date, all amounts which would, in conformity with GAAP, be included under cash, marketable securities and accounts receivable on a consolidated balance sheet of PDK and its Subsidiaries at such date.
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Consolidated Liquid Assets means the aggregate of:-
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Consolidated Liquid Assets means, at any date, (a) Available Cash and all Cash Equivalents at such date, (b) all Marketable Equity Securities at such date, (c) all fee and commission income earned but not yet received under investment advisory and brokerage accounts managed by the Borrower and its Subsidiaries which are due and payable to the Borrower within ninety (90) days of such date, and (d) all amounts under the Redemption Agreement which are due and payable to the Borrower within ninety (90) days of such date, in each case that would, in conformity with GAAP, be included as an asset on a consolidated balance sheet of the Borrower and its Subsidiaries at such date.
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Examples of Consolidated Liquid Assets in a sentence

  • Permit (i) Consolidated Liquid Assets as at the last day of any Fiscal Quarter of the Borrower to be less than $40,000,000, or (ii) the portion of Consolidated Liquid Assets consisting of Available Cash and Cash Equivalents as at the last day of any calendar month to be less than $20,000,000.

  • The Co-Borrowers shall maintain at all times, on a consolidated basis, a ratio of (i) Consolidated Liquid Assets to (ii) Consolidated Current Liabilities of not less than 0.60:1.00.

  • The Company will not, at any time, permit Consolidated Liquid Assets as a percentage of Consolidated Short-Term Liabilities to be less than 30%.


More Definitions of Consolidated Liquid Assets

Consolidated Liquid Assets means, as at any time, cash and cash equivalents, loans to banks (less allowance for loan losses) and trading securities, as shown on the Relevant Balance Sheet as at such time.
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Consolidated Liquid Assets means, at the date of determination, all assets of the Company and its Subsidiaries that consist of unrestricted cash, unrestricted marketable securities and Accounts Receivable convertible into cash.
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Consolidated Liquid Assets means, at any date, (a) all Available Cash and all Cash Equivalents at such date, (b) all Marketable Equity Securities at such date, (c) all fee and commission income earned but not yet received under investment advisory and brokerage accounts managed by the Borrower and its Subsidiaries which are due and payable to the Borrower within ninety (90) days of such date, and (d) all amounts under the Redemption Agreement which are due and payable to the Borrower within ninety (90) days of such date, in each case that would, in conformity with GAAP, be included as an asset on a consolidated balance sheet of the Borrower and its Subsidiaries at such date; provided, however, that on any date of determination, Consolidated Liquid Assets as determined hereunder on any date shall not include any Available Cash, Cash Equivalents or Marketable Securities of Xxxxxxx Xxxxxx Xxxxxx Inc. or of Global Financial Services the combined aggregate amount or fair market value (as applicable) of which with respect to both such Persons exceeds $10,000,000 on such date.
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Consolidated Liquid Assets means at any time cash and marketable securities as determined by reference to the Guarantor's then most recent audited annual or, as the case may be, unaudited semi-annual or quarterly consolidated financial statements (adjusted in each case, as appropriate, to take account of any changes in circumstances which occur after the date to which such consolidated financial statements refer). All expressions used in the definitions of this Clause 17.9 which are not otherwise defined herein shall be construed in accordance with generally accepted accounting principles in the Kingdom of Sweden consistently applied (as used in the Guarantor's most recent audited annual consolidated financial statements).
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Consolidated Liquid Assets means at any time cash and marketable securities as determined by reference to the Guarantor's then most recent audited annual or, as the case may be, unaudited semi-annual or quarterly consolidated financial statements (adjusted in each case, as appropriate to take account of any changes in circumstances which occur after the date to which such consolidated financial statements refer). All expressions used in the definitions of this Clause 17.9 which are not otherwise defined herein shall be construed in accordance with generally accepted accounting principles in the Kingdom of Sweden consistently applied (as used in the Guarantor's most recent audited annual consolidated financial statements). (i) in Clause 18.1 thereof, sub-Clause (v) shall be deleted and the following new sub-Clause (v) shall be inserted: (a) my material indebtedness of the Guarantor or any Material Subsidiary is not paid when due after any applicable grace period (expressly provided for in the instrument governing such indebtedness) or if no grace period is provided in such instrument and such nonpayment is solely due to technical or administrative reasons after three business days after the due date, or (b) any material indebtedness of the Guarantor or any Material Subsidiary is declared to be or otherwise becomes due and payable prior to its specified maturity by reason of a default or an event of default (however described), or (c) any creditor or creditors of the Guarantor or any Material Subsidiary become entitled to declare any material indebtedness of the Guarantor or such Material Subsidiary due and payable prior to its specified maturity (for the purpose of this Clause 18.1(v), "material indebtedness" means any indebtedness the aggregate amount of which exceeds US$ 15,000,000 or equivalent) provided that any prepayment, or right to call for prepayment, of the Swedish Kronor 750 million bonds dated 6th July, 1994 issued by the Borrower and guaranteed by the Guarantor with a maturity of 6th July, 1999 or any right to call for prepayment of the Swedish Kroner 250 million floating rate notes dated 6th July, 1994 issued by the Borrower and guaranteed by the Guarantor with a maturity date of 16th June, 1999 solely as a result of an ASEA AB Share Disposal shall not constitute an Event of Default under sub-paragraphs (b) or (c) of this Clause 18.1(v); or
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Consolidated Liquid Assets means the aggregate amount of all cash and Cash Equivalent Investments maintained by the Company and its Subsidiaries on a consolidated basis.
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Related to Consolidated Liquid Assets

  • Consolidated Liquidity means, with reference to any period, an amount equal to (a) any Unrestricted Cash of the Borrowers and their Subsidiaries as calculated on a consolidated basis for such period and (b) the Aggregate Commitments of the Lenders minus the outstanding principal amount of all Loans and any issued and outstanding Letters of Credit; provided that the Borrowers are otherwise permitted to borrow such amount pursuant to the terms and conditions of this Agreement at the time such amount is calculated.

  • Consolidated Assets means all assets which should be listed on the consolidated balance sheet of the Borrower and its Subsidiaries, as determined on a consolidated basis in accordance with GAAP.

  • Consolidated Liabilities means, as at any date of determination, all liabilities of the Borrower and its Subsidiaries as of such date classified as liabilities in accordance with GAAP and determined on a Consolidated basis.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Consolidated Debt means at any date the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Cash Interest Charges means, for any Measurement Period, all Consolidated Interest Charges paid or payable in cash by Holdings and its Subsidiaries on a consolidated basis.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • Consolidated Net Interest Expense means, with respect to any Person for any period, (a) gross interest expense of such Person and its Subsidiaries for such period determined on a consolidated basis and in accordance with GAAP (including, without limitation, interest expense paid to Affiliates of such Person), less (b) the sum of (i) interest income for such period and (ii) gains for such period on Hedging Agreements (to the extent not included in interest income above and to the extent not deducted in the calculation of gross interest expense), plus (c) the sum of (i) losses for such period on Hedging Agreements (to the extent not included in gross interest expense) and (ii) the upfront costs or fees for such period associated with Hedging Agreements (to the extent not included in gross interest expense), in each case, determined on a consolidated basis and in accordance with GAAP.

  • Consolidated Fixed Charges means, with respect to any Person for any period, the sum, without duplication, of:

  • 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.

  • Consolidated Asset Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Assets to (b) the sum of the aggregate amount of Revolving Borrowings and Term Loans then outstanding.

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period, excluding any amount not payable in Cash.

  • consolidated basis means on the basis of the consolidated situation;

  • Consolidated Total Debt at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Net Indebtedness means at any time, Consolidated Total Indebtedness minus all Unrestricted Cash of the Borrowers and their Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated Net Tangible Assets means total assets (less depreciation and valuation reserves and other reserves and items deductible from gross book value of specific asset accounts under GAAP) after deducting therefrom (i) all current liabilities and (ii) all goodwill, trade names, trademarks, patents, unamortized debt discount, organization expenses, and other like intangibles, all as set forth on the most recent balance sheet of the Company and its consolidated Subsidiaries and computed in accordance with GAAP.

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of:

  • Consolidated Net Debt means, as of any date of determination, (a) Consolidated Total Debt minus (b) Available Cash.

  • Consolidated Indebtedness means at any time the Indebtedness of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Revenues means, for any period, the consolidated net revenue of the Company and the Restricted Entities for such period determined in accordance with GAAP.

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Consolidated Operating Income means, for any period, the operating income or loss of the Borrower and the Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.

  • Consolidated Restricted Subsidiaries means any Restricted Subsidiaries that are Consolidated Subsidiaries.

  • Consolidated Net Assets means the aggregate amount of assets (less reserves and other deductible items) after deducting current liabilities, as shown on the consolidated balance sheet of the Company and its Subsidiaries contained in the latest annual report to the stockholders of the Company and prepared in accordance with GAAP.