Minimum Required Cash definition

Minimum Required Cash means $1,100,000.
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Minimum Required Cash means $9,500,000.
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Minimum Required Cash means nine million Dollars ($9,000,000).
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Examples of Minimum Required Cash in a sentence

  • The amount of the death benefit will be the greater of the Policy Value or the Minimum Required Cash Value.

  • Minimum Required Cash Flow amount: TZS [insert amount in words and figure] or equivalent in freely convertible currency.

  • Minimum Required Cash Value The Minimum Required Cash Value is the amount prescribed by the nonforfeiture law, and is the minimum amount required to be paid to You on Surrender.

  • The real issue is widespread water mismanagement which very frequently results in the very seriousproblem of water quality degradationThe way to solve the existing water problems, mainly the lack of potable water, is not to persist on gloom and doom unrealistic campaigns, trying to create environmental scares and predicting water wars in the near future (see Kessler, 1998; The Economist, 1998; Asmal, 2000; World Humanity Action Trust, 2000) but to improve its management.

  • This rate is used in the calculation of Your Minimum Required Cash Value.

  • Your Minimum Required Cash Value reflects a 12.50% reduction in premiums and a $50 annual expense allowance.

  • This rate is not the credited rate used to determine Your Minimum Required Cash Value Ú The minimum amount we will pay You on Surrender, which is equal to 87.5% of premiums, less prior net withdrawals, less a $50 deduction at the beginning of each Policy Year, all accumulated at the Minimum Nonforfeiture Interest Rate shown in Section 2 - Policy Data.

  • Note – currently a maximum of 1 MWe can be supplied by private wire to domestic customers.

  • GENERAL PAYMENT PROVISIONSPaymentYou may use the Policy Value (less any premium enhancement subject to recapture) or the Minimum Required Cash Value, ifgreater, on the Annuity Commencement Date to purchase one or more fixed income options.

  • If the outcome cannot be reliably estimated, then revenue is recognised to the extent of related expenses recognised that are recoverable.


More Definitions of Minimum Required Cash

Minimum Required Cash shall have the meaning set forth in Schedule A-1.
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Minimum Required Cash means (i) as applied to Shreveport JV, $7,000,000 and (ii) as applied to Columbia Properties, $2,500,000.
Sample 1
Minimum Required Cash means the amount of Cash the Company (including its Subsidiaries) needs at Closing to settle the following items: (a) its financial debt as of the Closing Date (including any outstanding principal amount thereunder and accrued and payable interest and/or expenses up to Closing Date), (b) outstanding debt related to any tax amnesty program in effect as of the Closing Date, (c) Taxes or withholding amounts payable in connection with any dividend or other distribution to the Sellers made during the year 2019 and prior to Closing, (d) an amount of US$2,586,120 (including any withholding, Taxes or social security or other contributions) for the payment of the Transaction and Retention Bonus, pursuant to Section 2.2. hereof, (e) the vacations of personnel accrued for periods before the year 2019 and unpaid prior to the Closing Date, (f) amounts collected from clients of the Company on or prior to the Closing Date for services not yet rendered as of the Closing Date, (g) an amount of up to US$160,000 in professional fees, (h) Taxes and expenses relating to the transfer of record ownership of vehicles currently under leasing from Belatrix Argentina to Key Employees or to the Sellers, as applicable, (i) any amounts due by Belatrix Argentina to the Sellers in their capacity as directors to the extent not offset by the amounts due by the Sellers to the Company or the Subsidiaries, as applicable, attributable to personal expenses, advances or any other reason, (j) fines and/or penalties related to filing (or failure to file) US Tax Form 5472, and (k) outstanding amounts under or in connection with the Severance Agreements entered into between Belatrix Argentina and each of the Key Employees and the Sellers.
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Minimum Required Cash means $4,000,000.
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Related to Minimum Required Cash

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Minimum Collateral Amount means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit account balances, an amount equal to 103 % of the Fronting Exposure of all LC Issuing Banks with respect to Letters of Credit issued and outstanding at such time and (ii) otherwise, an amount determined by the Administrative Agent and the LC Issuing Banks in their sole discretion.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Required Cash Collateral Amount shall have the meaning provided in Section 3.7(c).

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Minimum Balance Requirements You must maintain a minimum daily balance of $2,000.00 in your Money Market Savings account to obtain the disclosed annual percentage yield. We impose a monthly maintenance fee if the balance falls below $500 any day of the month. Basic Checking Account Rate Information: This account does not pay interest.

  • Minimum Capital Requirement means the Minimum Capital Requirement, the minimum group Solvency Capital Requirement or other minimum capital requirements (as applicable) referred to in the Relevant Rules;

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Contract Minimum Investment Requirement means, with respect to the Project, investment by the Company and any Sponsor Affiliates of at least $4,000,000 in Economic Development Property subject (non-exempt) to ad valorem taxation (in the absence of this Fee Agreement).

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Minimum DSCR means, with respect to a Supplemental Loan, (i) if the Senior Indebtedness bears interest at a fixed rate, 1.25:1, or (ii) if the Senior Indebtedness bears interest at a floating rate, 1.10:1.

  • Minimum Liquidity has the meaning given in Clause 11.19;

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Quarterly Excess Available Funds Percentage means, with respect to the March 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • Expenditure minimum means:

  • Borrowing Base Amount means:

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Reserve Account Required Amount means, with respect to any Payment Date, an amount equal to 0.25% of the Adjusted Pool Balance as of the Cutoff Date; provided, however, that in no event shall the Reserve Account Required Amount on any Payment Date be more than the aggregate Outstanding Amount of the Notes on such Payment Date (after giving effect to the allocation of principal payments on such Payment Date).

  • FILOT Act Minimum Investment Requirement means, with respect to the Project, an investment of at least $2,500,000 by the Company, or of at least $5,000,000 by the Company and any Sponsor Affiliates in the aggregate, in Economic Development Property.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).