Initial Cash definition

Initial Cash means the Debtor’s cash on hand immediately prior to the initial funding of the DIP Facility, as supplemented in accordance with the terms of the DIP Facility and as reduced by certain professional fee claims incurred by the Debtor prior to entry into the DIP Facility, as disclosed by the Debtor to the DIP Lender.

Initial Cash has the meaning set forth in the Master Agreement.

Initial Cash shall have the meaning set forth in Section 2.2(a) hereof.

Examples of Initial Cash in a sentence

• VWFSJ will also entrust the Initial Cash Collateral Amount to the Trustee of the First Trust on the Cash Entrustment Date.

• The principal amount of Initial Subordinated Beneficial Interest will be increased by the entrustment of the Initial Cash Collateral Amount on the Cash Entrustment Date.

• Pursuant to the Account Agreement, the Account Bank shall maintain three accounts for the Issuer in respect of the Bonds: the Transaction Account, the Initial Cash Security Account and the Disposal Proceeds Account.

• ACCOUNT AGREEMENT Accounts The Account Bank maintains three accounts for the Issuer in respect of the Bonds: the Transaction Account, the Initial Cash Security Account and the Disposal Proceeds Account.

• USE OF PROCEEDS The aggregate gross proceeds from the issue of the Initial Notes and the Subordinated Loan has been used to purchase the Purchased Receivables from VWFS, against payment of the Initial Receivables Purchase Price, and to endow the Cash Collateral Account with GBP 3,400,000 which is equal to the sum of the Initial Cash Collateral Amount.

• The amount of A$1,373,880 served as the Initial Cash Collateral Amount.

• Pursuant to the Account Agreement, interest accrued on the Transaction Account and the Initial Cash Security Account shall be credited to the Transaction Account and interest accrued on the Disposal Proceeds Account shall be credited to the Disposal Proceeds Account.

• CUSTODY AGREEMENT Custody Account Pursuant to the Custody Agreement, the Custodian maintains, in the name of the Issuer, the Disposal Proceeds Custody Sub-Account and the Initial Cash Security Custody Sub-Account (the Custody Sub- Accounts) and the Disposal Proceeds Cash Sub-Account and the Initial Cash Security Cash Sub- Account (the Cash Sub-Accounts and, together with the Custody Sub-Accounts, the Custody Account).

• Retained Bond Deposits Pursuant to the Account Agreement, the Issuer shall, upon the sale of any Retained Bonds: (a) credit the Initial Cash Security Account with the net sale proceeds of such Retained Bonds (less any Retained Bond Premium Amount), to the extent that such amount is not paid directly to a Borrower pursuant to, and in accordance with, a Loan Agreement; and (b) credit the Transaction Account with the Retained Bond Premium Amount (if any), pending application in accordance with the Conditions.

• These comments generally requested the rule for provision to participants and beneficiaries mirror the rule for provision to plans, and suggested this change would reduce costs and burdens associated with delivery.

More Definitions of Initial Cash

Initial Cash means the amount of cash and cash equivalents recorded in the Consolidated Financial Statements for the 12 months prior to a Calculation Date.

Initial Cash means $110,969,080, less the principal amount of the Xxxxx Deferral Note.

Initial Cash cash contributed to Partnership by Nonaffiliated Partner on the Commencement Date.

Initial Cash has the meaning set forth in Section 2.9(a).

Initial Cash means $110,969,080, less the principal amount of the Stern Deferral Note.

Initial Cash means (pound)105,000,000; CONSIDERATION"