Corporate Cash definition

Corporate Cash means, as of any date of determination, the sum of unrestricted cash and Cash Equivalent Investments of Elevate Credit Parent and its Subsidiaries (excluding the Borrower and the Other Borrowers) with respect to which Agent has a perfected Lien as of such date of determination.
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Corporate Cash means, as of any date of determination, the sum of unrestricted cash and Cash Equivalent Investments of Elevate Credit Parent and all other Credit Parties (other than the [****] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED US Term Note Borrowers, the UK Borrower and the US Last Out Term Note Borrower) with respect to which Agent has a perfected Lien as of such date of determination.
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Corporate Cash means unrestricted cash held at the Borrower.
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Examples of Corporate Cash in a sentence

  • The Credit Parties shall not permit Corporate Cash at any time (x) prior to December 31, 2019 to be less than the greater of (i) $5,000,000 or (ii) in the event that Elevate Credit Parent enters into any share buyback, $10,000,000 and (y) after December 31, 2019 to be less than the greater of (i) $7,500,000 or (ii) in the event that Elevate Credit Parent enters into any share buyback, $10,000,000.

  • An authorised signatory is authorised to approve and countersign various agreements such as Card Applications, Corporate Cash enrolment etc, or request changes to the Account.

  • First Name Last Name Position Held in Company Authorised Signatory ✘ Date D D / M M / Y Y Y Y Company Name (‘the Company’) Company Address Suburb City Postcode Company registration No. Corporate ID Program Administrator First Name Last Name Telephone Number – These Terms and Conditions cover your participation in the Corporate Cash program offered by American Express (the ‘Program’).

  • Employee medical benefit account - pospay CIBC/Canadian Imperial Bank of Commerce CIBC Corporate Cash Management 161 Bay Street, 8th Floor Toronto, Ont.

  • YES x NO o (See Section 3 below) This Amended and Restated Corporate Cash Management Services Account Control Agreement (this “Agreement”) dated as of October 9, 2008, between UBS Financial Services Inc.

  • Employee is eligible for an annualized on-target bonus of 90% of annual salary, subject to the Rackspace Corporate Cash Bonus Plan (the “Plan”) as approved by the board of directors or compensation committee.

  • This Corporate Cash Investing Policy shall limit investment activities of Westlake Chemical Corporation (WCC) in order to insure safety, liquidity, and preservation of capital.

  • As ACH items are normally redeposited immediately, whenever possible, please be sure to inform the Corporate Cash Control Assistant if the item has been redeposited or is being returned.

  • Additional Released Parties: Funding Partnerships LLC, Wholesale Shelf Corporations LLC, Corporate Cash Credit LLC.

  • At all times after the Effective Date, the Borrower will not permit Corporate Cash to be less than $100,000,000 for more than five (5) days in any fiscal quarter.


More Definitions of Corporate Cash

Corporate Cash means the sum of the Cash of Company on the Closing Date. For the avoidance of doubt, Corporate Cash shall exclude (i) the aggregate proceeds received or deemed to be received by Company from the repayment of the Management Notes on the Closing Date and (ii) any Clinic Subsidiary Cash.
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Corporate Cash is defined as cash or cash equivalents of the Primary Contributed Companies either held in financial institutions or financial instruments net of outstanding checks easily converted to unencumbered cash within 30 days; provided that Corporate Cash shall exclude (i) Restricted Cash which means any cash which is not freely usable by the Company because it is subject to restrictions, limitations or tax on use or distribution by law, contracts or otherwise, including without limitation, restrictions on dividends and repatriations or any other form of restriction, and (ii) the aggregate amount of any declared and unpaid distributions or dividends of the Company or any Primary Contributed Companies.
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Related to Corporate Cash

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Cash and Cash Equivalents means the cash and cash equivalents, including checks, money orders, marketable securities, short-term instruments, negotiable instruments, funds in time and demand deposits or similar accounts on hand, in lock boxes, in financial institutions or elsewhere, together with all accrued but unpaid interest thereon, and all bank, brokerage or other similar accounts.

  • Performance Cash means any cash incentives granted pursuant to Article 9 payable to the Participant upon the achievement of such performance goals as the Committee shall establish.

  • Petty Cash means a relatively small amount of cash kept at hand for making immediate payment for miscellaneous small expenses incurred the municipality.

  • Capital Stock Sale Proceeds means the aggregate cash proceeds received by the Company from the issuance or sale (other than to a Subsidiary of the Company or an employee stock ownership plan or trust established by the Company or any such Subsidiary for the benefit of their employees) by the Company of its Capital Stock (other than Disqualified Stock) after the Issue Date, net of attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.