Examples of Net Cash Balance in a sentence
Promptly after any date on which the Net Cash Balance Test is not satisfied (a "Failure Date"), and to the extent such failure constitutes non-public material information the Company shall publicly disclose (on a Current Report on Form 6-K or otherwise) such material non-public information and provide to the Holder a certification as to the amount of the Net Cash Balance as of the Failure Date.
Net Cash Balance includes cash and cash equivalents, net of accruals, and does not include credit default swaps or options held by the portfolio for hedging purposes, which account for the remaining percentage of NAV.
Bidder to ensure compliance of periodic VA/PT, IS Audit, RBI IT Examination observations etc.
The Net Cash Balance due to SA Shareholders has been determined after taking SA dividends tax into account in the same manner as a cash non-PID dividend.
Net Cash Balance is calculated as follows:• Net Cash Balance =Turnover - Credits won - Jackpot contributions• Turnover =Value of bets placed on a gaming machine• Credits won =Amounts returned to players as prizes• Jackpot contributions =Amounts contributed to a jackpot special prize pool to be paid as jackpot special prizes.