Foreign Cash definition

Foreign Cash means cash in a currency other than that of the liability.

Foreign Cash means internally generated cash and/or Permitted Investments of Foreign Subsidiaries.

Foreign Cash means cash and cash equivalents of H&S Parties incorporated outside the U.S., including all such cash or cash equivalents temporarily on deposit in any account held by a U.S. H&S Party.

Examples of Foreign Cash in a sentence

• Within sixty (60) days after the Closing Date and at all times thereafter, Borrower shall (i) notify, transfer and deliver to Bridge all payments in respect of Accounts Borrower receives (other than the Permitted Foreign Cash), and (ii) enter into a collection services agreement reasonably acceptable to Bridge (the “Lockbox Agreement”).

• Borrower shall use the lockbox address as the remit to and payment address for all of Borrower’s Accounts (other than the Permitted Foreign Cash) and it will be considered an immediate Event of Default if this does not occur or the lockbox is not operational within sixty (60) days of the Closing Date.

• Notwithstanding the foregoing, Lenders acknowledge and agree that Borrower’s non-U.S. customers shall send payments to Borrower’s foreign subsidiaries, which will subsequently (other than the Permitted Foreign Cash) (but within five (5) days of receipt thereof) remit payments of Borrower on account of Accounts receivable through the lockbox.

• The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents or Foreign Cash Equivalents, as applicable.

• In the large corporate segment, we utilised our knowledge in sectors such as commodities and our regional connectivity to support clients’ cross-border financing needs.Among SMEs, our cash management, trade and treasury capabilities helped us to be recognised as “Best Foreign Cash Management Bank for Small Corporate” by Asiamoney magazine.

More Definitions of Foreign Cash

Foreign Cash means, at any time, any portion of the amount of the cash and Cash Equivalents (other than any proceeds of any Revolving Loans or Swingline Loans), after giving effect to any payments required to be made pursuant to Section 4.04 of the Separation Agreement, reflected in the bank statements of the Borrower’s Foreign Subsidiaries immediately after giving effect to the Transactions that is unrestricted on the Spin-Off Date and after giving effect to the Transactions and, to the extent such cash is repatriated to the Borrower or a Domestic Subsidiary, net of applicable taxes in connection with such repatriation, it being understood that cash required to be remitted to customers representing the face amount of tickets sold shall be deemed to be restricted.

Foreign Cash means the aggregate amount of Cash held in an account in, or held by any Business Subsidiary organized in, any country other than the United States.

Foreign Cash means internally generated cash and/or Cash Equivalents of Foreign Subsidiaries.

Foreign Cash shall have the meaning set forth in Section 2.4(a). [***]

Foreign Cash means all Cash held solely by the Acquired Companies not domiciled in the United States; provided that, Foreign Cash (i) shall only be included in clause (z) of the definition of Closing Cash with respect to each Acquired Company set forth on Schedule 1.4(a)(vii) to the extent such Cash exceeds the applicable threshold for such Acquired Company forth on Schedule 1.4(a)(vii) (and such Cash shall be included with respect to the Acquired Companies for which such applicable threshold is exceeded) and (ii) shall include the amount of the China Dividend (as defined in Schedule 4.3(C)) (plus applicable withholding Taxes).

Foreign Cash means all Cash held solely by the Acquired Companies not domiciled in the United States; provided that, Foreign Cash (i) shall only be included in clause (z) of the definition of Closing Cash with respect to each Acquired Company set forth on Schedule 1.4(a)(vii) to the extent such Cash exceeds the applicable threshold for such Acquired Company set forth on Schedule 1.4(a)(vii) (and, subject to Schedule 1.4(a)(vii), such Cash shall be included with respect to the Acquired Companies for which such applicable threshold is exceeded) and (ii) shall include the amount of the Foreign Dividends (as defined in Schedule 4.3(C)) (gross of applicable withholding Taxes).

Foreign Cash means, at any time, any portion of the amount of the cash and Cash Equivalents of the Borrower’s Foreign Subsidiaries reflected in the financial statements of the Borrower that is (a) unrestricted, (b)(i) held by a Foreign Subsidiary domiciled in the United Kingdom, Mexico, Colombia, Argentina, Egypt or any other foreign country reasonably approved by the Administrative Agent or (ii) held in the United States or the United Kingdom and (c) to the extent such cash is repatriated to the Borrower or a Domestic Subsidiary, net of applicable taxes in connection with such repatriation and not otherwise included in the definition of “Domestic Cash”.