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Other Available Cash definition

Other Available Cash means, at any time of determination, available cash of the Company and its Restricted Subsidiaries held in accounts other than the Sweep Accounts and Funding Accounts (excluding (i) restricted cash balances and (ii) cash held by or for third parties (including securitization, conduit or other similar entities) or Foreign Subsidiaries).
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Other Available Cash means, at any time of determination, available cash of CIT and its Restricted Subsidiaries held in accounts other than the Sweep Accounts (excluding (i) restricted cash balances and (ii) cash held by or for third parties (including securitization entities) or Foreign Subsidiaries).
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Other Available Cash means cash generated by the Company’s activities outside its Ordinary Course of Business activities.
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Examples of Other Available Cash in a sentence

  • At least ten (10) Business Days before each date when a U.S. corporate estimated income tax payment is due, the Company will distribute, from Cash Flow from Operations (or, if necessary, from Other Available Cash), to each Member its share of the Tax Amount estimated by the Company to have accrued during the estimated tax period before the distribution date.

  • Distributions of Other Available Cash are to be made in such amounts and at such times as determined by the Board of Directors.

  • Accord- ingly, funds of the Company will be retained for this purpose, and no distribution under Sections 4.3(d) (Balance) or 4.3(e) (Other Available Cash) will be paid to the Members, until and so long as the Company’s Cash Flow from Oper- ations net of reserves established pursuant to Section 4.3(b) (Reserves) exceeds the level required to be self-sustaining, without the need for further investment by the Members.4.9 Limitation upon Distributions.

  • The remaining assets of the Company shall be applied and distributed to the Members in accordance with Section 6.4 (allocated between Initial Property Capital Proceeds and Other Available Cash as reasonably determined by the Manager).

  • Distributions of Other Available Cash are to be made in such amounts and at such times as determined by the Management Committee, taking into account the needs of the Company and the distribution policy set forth in Section 4.8. If there is not enough Cash Flow from Operations to make all the distributions provided for in Sections 4.3(a) and 4.3(c), Other Available Cash will be used to make the distributions in the priority specified in such Sections.

  • No later than sixty five (65) days after the end of the Company’s fiscal year, the Company will distribute, from Cash Flow from Operations (or, if necessary, from Other Available Cash), to each Member its share of any previously unpaid Tax Amount for such fiscal year.

  • If there is not enough Cash Flow from Operations to make all the distributions provided for in this Section 5.2, Other Available Cash will be used to make the distributions in the priority specified in such Sections.

  • No later than 65 days after the end of the Company’s Fiscal Year, the Company will distribute, from Cash Flow from Operations (or, if necessary, from Other Available Cash), to each Member its share of any previously unpaid Tax Amount for such Fiscal Year.

  • Except as set forth elsewhere herein, each Member Loan shall be evidenced by a promissory note signed by both Members, bearing interest at a rate equal to ninepercent (9%) per annum, but not in excess of any legally permitted rate of interest (the “Specified Interest Rate”), payable from proceeds generated by the operations of the Company, including, without limitation, Other Available Cash and any sources obtained by the Company for the development of the Redevelopment Site.

  • Accordingly, funds of the Company will be retained for this purpose, and no distribution under Sections 4.3(d) (Balance) or 4.3(e) (Other Available Cash) will be paid to the Members, until and so long as the Company’s Cash Flow from Operations net of reserves established pursuant to Section 4.3(b) (Reserves) exceeds the level required to be self-sustaining, without the need for further investment by the Members.


More Definitions of Other Available Cash

Other Available Cash as defined in Section 6.1(e) of the Partnership Agreement.
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Other Available Cash means, for any period, the sum of (a) all Company receipts during such period derived from the conduct of the Company’s business or from financing obtained by the Company other than Capital Contributions, Initial Property Capital Proceeds or Initial Property Cash Flow, plus (b) any reduction in Reserves established from such receipts in prior fiscal periods, reduced by (i) all cash expenditures (including management and other fees and debt service) made by the Company during such period (but not including expenditures made from Capital Contributions, Reserves, Initial Property Capital Proceeds or Initial Property Cash Flow during such fiscal period) and (ii) any additions to Reserves from such receipts.
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Related to Other Available Cash

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Available Cash means, with respect to any Quarter ending prior to the Liquidation Date:

  • Available Cash Flow means an amount, with respect to each Fiscal Year or portion thereof during the Term, equal to the excess, if any, of the Operating Profit over the Owner’s Priority.

  • Distributable Cash Flow means the cash flow available for distribution to Shareholders as dividends as described under “Dividends”;

  • Net Available Proceeds means, with respect to any Asset Sale, the proceeds thereof in the form of cash or Cash Equivalents, net of

  • Distributable Cash means net proceeds after any management fee and sufficient working capital and related reserves. The Series Echo Warrior 19 Manager shall evaluate Distributable Cash quarterly or at more frequent intervals, in its sole discretion. The amount of Distributable Cash shall be determined in the sole discretion of the Series Manager. Distributions of Distributable Cash to members of Series Echo Warrior 19, when made, will be allocated among them in proportion to their Membership Interests in the Series.

  • Cash Flow Available for Debt Service for any period, means (i) Cash Flow received during such period minus (ii) (A) all O&M Costs paid during such period and (B) if an Equity Cure has been made in any fiscal quarter during the period for which Cash Flow Available for Debt Service is calculated, the lesser of the aggregate amount of (x) such Equity Cure during such period and (y) the aggregate amount of cash distributions paid by the Company during such period.

  • Cash Available for Distribution means the Available Cash other than Net Sales Proceeds.

  • Free Cash Flow means any available cash for distribution generated from the net income received by a Series, as determined by the Managing Member to be in the nature of income as defined by U.S. GAAP, plus (i) any change in the net working capital (as shown on the balance sheet of such Series) (ii) any amortization to the relevant Series Asset (as shown on the income statement of such Series) and (iii) any depreciation to the relevant Series Asset (as shown on the income statement of such Series) and (iv) any other non-cash Operating Expenses less (a) any capital expenditure related to the Series Asset (as shown on the cash flow statement of such Series) (b) any other liabilities or obligations of the Series, in each case to the extent not already paid or provided for and (c) upon the termination and winding up of a Series or the Company, all costs and expenses incidental to such termination and winding as allocated to the relevant Series in accordance with Section 6.4.

  • Eligible Cash means cash of a Borrower Party held in a segregated restricted deposit account maintained with the Administrative Agent or another financial institution acceptable to the Administrative Agent in its sole discretion, for the benefit of the Secured Parties, as security for the Obligations, and in which the Administrative Agent, for the benefit of the Secured Parties, has a first priority perfected security interest, and which is (unless held by the Administrative Agent) subject to a deposit account control agreement reasonably satisfactory to the Administrative Agent; provided that in no event shall any cash held in any Excluded Account be included in Eligible Cash.

  • Other Available Shares means, as of any date, the sum of:

  • Net Loss Proceeds means, with respect to any Event of Loss, the proceeds in the form of (a) cash or Cash Equivalents and (b) insurance proceeds, condemnation awards or damages awarded by any judgment, in each case received by an Obligor from such Event of Loss net of:

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

  • Excess Cash Flow means, for any period, an amount equal to the excess of:

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Free Cash means the aggregate book value of the holdings which at all times are available for the Issuer of any:

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Excess Cash shall have the meaning set forth in Section 2.11(d).

  • Excess Cash Flow Period means each fiscal year of the Borrower, commencing with the fiscal year of the Borrower ending on December 31, 2016.

  • Maximum Available Minutes is the sum of all Deployment Minutes across all Relays deployed by Customer in a given Azure subscription during a billing month.

  • Consolidated Income Available for Debt Service for any period means Earnings from Operations of the Company and its Subsidiaries plus amounts which have been deducted, and minus amounts which have been added, for the following (without duplication): (i) interest on Indebtedness of the Company and its Subsidiaries, (ii) provision for taxes of the Company and its Subsidiaries based on income, (iii) amortization of debt discount, (iv) provisions for gains and losses on properties and property depreciation and amortization, (v) the effect of any noncash charge resulting from a change in accounting principles in determining Earnings from Operations for such period and (vi) amortization of deferred charges.

  • Available Proceeds means, with respect to a Liquidation Event or Enforcement Event, as of a particular day:

  • Quarterly Excess Available Funds Percentage means, with respect to the July 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.

  • Cumulative Excess Cash Flow means the amount equal to the sum of Excess Cash Flow (but not less than zero for any Fiscal Year) for the Fiscal Year ending on December 31, 2022 and Excess Cash Flow (but not less than zero in any Fiscal Year) for each succeeding and completed Fiscal Year.

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Most Referenced Definitions