Operating Cash definition

Operating Cash. Flow: for any period, without duplication, the net income of Borrower for such period:

Operating Cash means, without duplication, (a) cash maintained in the cash registers in the Stores in the normal course of business and consistent with past practices, (b) minimum balances maintained in DDAs consistent with past practices, and (c) minimum balances maintained in Blocked Accounts consistent with past practices, provided that Operating Cash described in the foregoing clauses (b) and (c) shall not exceed $500,000 in the aggregate at any time.

Operating Cash means all teller working cash, xxxxx cash, vault cash and any other cash of HRB Bank located at the Bank Office or in the ATM, as of the close of business on the Closing Date.

Examples of Operating Cash in a sentence

• Available Operating Cash shall be distributed to the Partners as determined by the General Partner in its sole and absolute discretion in accordance with their respective Percentage Interests as of the applicable Partnership Record Date.

• Subject to Section 13.5 hereof as to proceeds of liquidation, upon the dissolution of the Company for any reason during the period of liquidation and until termination of the Company, the Members shall continue to receive the Operating Cash Flow and to share profits and losses for all tax and other purposes as provided elsewhere in this Agreement.

• We believe the most directly comparable GAAP measure is Operating Cash Flow.

• The performance target applicable to the 2018 Telenet Performance Shares is the achievement of an Operating Cash Flow ("OCF") compound annual growth rate ("CAGR") over the performance period starting on January 1, 2018 and ending on December 31, 2020 (based on US GAAP).

• Distributions will be divisible and rounded down to five decimal places (one-thousandth of a cent) and Token holders will be paid in full from the first dollar of Adjusted Operating Cash Flow that is distributed.

More Definitions of Operating Cash

Operating Cash means Parent’s operating cash and Cash Equivalents on hand for its business and operations.

Operating Cash means with respect to the Borrower, at any time, an amount equal to (a) Cash plus equivalents (including, credit card receivables) minus (b) the sum of (i) any amount accrued to pay taxes and (ii) those portions of Current Liabilities that are overdue or otherwise aged beyond thirty (30) days.

Operating Cash means, with respect to the Operating Companies as a group, cash and cash equivalents (exclusive of Restricted Cash) in the total amount of $13 million. With respect to each individual Operating Company, Operating Cash shall mean cash and cash equivalents (exclusive of Restricted Cash) in the following amounts: FRI - $3 million; 101 Main - $2.5 million; FLVI - $3.5 million; and FMI $4 million.

Operating Cash means, as of any date, any Cash held as of such date by each Transferred Company or Subsidiary thereof listed on the attached Schedule V in an amount not to exceed the amount of cash set forth opposite the name of such Transferred Company or Subsidiary thereof on the attached Schedule V.

Operating Cash. Flow shall mean, with respect to Gearon, for any period: (a) net revenues of Gearon, determined in accordance with GAAP, for such period, less (b) operating expenses (inclusive of taxes and corporate overhead, selling and administrative expenses); provided, however, that such corporate overhead, selling and administrative expenses shall not include (i) non-cash operating expenses, (ii) any expense attributable to the issue of shares of Gearon Common Stock to the Gearon stockholders listed in Section 3.1(b)(i), or (iii) any expenses attributable to special cash bonuses paid to Gearon stockholders to the extent such bonuses are funded out of the sum of Net Working Capital at September 30, 1997 and cash capital contributions made to Gearon by the Gearon Stockholder subsequent to September 30, 1997. Organic Document shall mean, with respect to a Person which is a corporation, its charter, its by-laws and all shareholder agreements, voting trusts and similar arrangements applicable to any of its capital stock and, with respect to a Person which is a partnership, its agreement and certificate of partnership, any agreements among partners, and any management and similar agreements between the partnership and any general partners (or any Affiliate thereof). PBGC shall mean the Pension Benefit Guaranty Corporation and any Entity succeeding to any or all of its functions under ERISA. Permitted Liens shall mean (a) Liens for current taxes not yet due and payable, (b) such imperfections of title, easements, encumbrances and mortgages or other Liens, if any, as are not, individually or in the aggregate, substantial in character, amount or extent and do not materially detract from the value, or materially interfere with the present use, of the property subject thereto or affected thereby, or otherwise materially impair the conduct of the Gearon Business or the businesses of ATS and ATSI, as the case may be, and (c) such other Liens as are permitted by the provisions of this Agreement to be in place on the Closing Date. Person shall mean any natural individual or any Entity.

Operating Cash means, with respect to any fiscal quarter for which such calculation is being made, an amount equal to the Cash Flow generated for such fiscal quarter, less the Required Reserve for such fiscal quarter.

Operating Cash means all teller working cash, petty cash, vault cash and any other cash of HRB Bank located at the BankOffice or in the ATM, as of the close of business on the Closing Date.