Net Cash Threshold definition

Net Cash Threshold means $8,000,000.
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Net Cash Threshold is greater than Zero Dollars ($0.00).
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Net Cash Threshold is greater than One Dollar ($1.00).
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Examples of Net Cash Threshold in a sentence

  • An Adjusted Quick Ratio of at least 1.25:1.00 (provided that Borrower shall also maintain Net Cash in an amount of not less than the Net Cash Threshold Amount).

  • Commencing with the month ending November 30, 2017 and tested as of the last day of each month, an Adjusted Quick Ratio of at least 1.25:1.00 (provided that Borrower shall also maintain Net Cash in an amount of not less than the Net Cash Threshold Amount).

  • Surplus Bonuses shall be calculated on a prorated basis for partial one million dollar increments above the Net Cash Threshold.

  • The amount of the Reserve shall be included as part of the calculation of the Net Cash Threshold.

  • Net Cash, as finally determined in accordance with Section 1.7, shall be equal to or greater than the Net Cash Threshold.

  • If the amount of the Reserve does not cause the Net Cash to drop below the Net Cash Threshold and results in Net Cash exceeding $34 million, then the Consultant shall initially be entitled to the sum of: (i) $250,000, (ii) 100% of each Surplus Bonus allocable to a one million dollar 3 increment of Net Cash above $34 million; and (iii) 50% of each Surplus Bonus allocable to one million dollar increments of Net Cash above the Net Cash Threshold, but below $34 million.

  • At any time in which (i) there are no outstanding Advances or (ii) Borrower’s Net Cash is greater than the Net Cash Threshold, Borrower may, at its option, commencing on the first (1st) day of the next month, elect to be in a streamline period (each, a “Streamline Period”).

  • If the amount of the Reserve causes the Net Cash to drop below the Net Cash Threshold, then ITH shall initially be entitled to fifty percent (50%) of the initial $250,000 portion of the Incentive Bonus.

  • As another example, if IMHFC receives $31 million in Net Cash from the sale of the New Mexico Asset, the Consultant will initially receive 50% of the Incentive Bonus ($125,000) since the initial Reserve causes the Net Cash to drop below the Net Cash Threshold.

  • If the Closing Net Cash as set forth on the Closing Balance Sheet is greater than $1,317,000, then the aggregate principal amounts of the Subordinated Contingent Notes shall be increased by the difference between the Closing Net Cash and the Net Cash Threshold.


More Definitions of Net Cash Threshold

Net Cash Threshold is defined in Section 6.2(a).
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Net Cash Threshold means Two Million Five Hundred Thousand Dollars ($2,500,000.00).
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Net Cash Threshold is One Million Five Hundred Thousand Dollars ($1,500,000).
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Net Cash Threshold shall have the meaning set forth in Section 2.5(c).
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Related to Net Cash Threshold

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $41,000,000.00.

  • Net Cash means the cash proceeds (net of cash taxes paid and reasonable and customary costs paid to unrelated and unaffiliated third parties in connection with a particular transaction) arising from any Excess Cash Event.

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.