Partnership Cash definition

Partnership Cash means all cash of the Partnership except for (a) amounts available in the Partnership's FF&E reserve accounts at Closing, (b) any escrowed funds, reserves or other deposits made by the Partnership or a Subsidiary pursuant to any Loan or Mortgage Loan and held by the Partnership's lender and/or the Manager at Closing and (c) all ▇▇▇▇▇ cash and working capital funds held in accounts of the Hotels.

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Partnership Cash means all available cash derived of the Partnership, without exclusions or reserves of any kind.

Partnership Cash means, as of the Effective Time, all cash and cash equivalents reflected on the financial books and records of the Partnership, determined without duplication in accordance with the Accounting Principles and without taking into account any actions (including any use of cash or cash equivalents) by or at the direction of the Purchasers on the Closing Date after the Closing.

Examples of Partnership Cash in a sentence

• Upon dissolution and termination of the Partnership, Cash Available for Distribution shall thereafter be distributed to Partners in accordance with the provisions of Section 9.3 below.

• As determined by the General Partner employing its reasonable business judgment, to the extent Partnership Cash Flow is available for distribution at the close of any fiscal one-month period, such distribution shall be made as soon as reasonably possible following such period, in the manner provided in Section 7.03, as if such fiscal one-month period were a fiscal year.

• Such term shall also include all other funds deemed available for distribution and designated as "Partnership Cash Flow" by the General Partner.

• Partnership Cash Flow shall be distributed to the Partners within 60 days after the end of each Year, or earlier in the discretion of the General Partner, in proportion to their respective Percentage Interests at the time of distribution.

• Pursuant to the Management Agreement, the General Partner has contracted with the Partnership to supervise the management and administration of the day-to-day operations of the Partnership's lithotripsy business for a monthly fee equal to the greater of $8,000 or 7.5% of Partnership Cash Flow per month.

• The General Partner does not anticipate acquiring additional Partnership assets unless projected Partnership Cash Flow or proceeds from a Dilution Offering are sufficient to finance such acquisitions.

• Partnership Cash Flow for each Year of the Partnership, to the extent available, will be distributed within 60 days after the end of each Year of the Partnership, or earlier in the discretion of the General Partner, proportionately among the Partners based on their respective Percentage Interests in the Partnership at the time of distribution.

• See "Risk Factors - Operating Risks - Partnership Limited Resources and Risks of Leverage." The General Partner does not anticipate acquiring additional Partnership assets unless projected Partnership Cash Flow or proceeds from a Dilution Offering are sufficient to finance such acquisitions.

• Profits, Losses and Distributions The following is a Summary of certain provisions of the Partnership Agreement relating to the allocation and distribution of the Profits, Losses, Partnership Cash Flow, Partnership Refinancing Proceeds, Partnership Sales Proceeds, and cash upon dissolution of the Partnership.

• Prior to the dissolution of the Partnership, Cash Flow from Operations and Cash from Sales or Refinancing, if any, remaining after repayment of any loans made by the Partners to the Partnership shall be distributed quarterly by HM and the Investor Representatives as Cash Distributions according to the relative Economic Interests of the Partners and Assignees.

More Definitions of Partnership Cash

Partnership Cash. As defined in clause (i) of the definition of Partnership Purchased Assets.

Partnership Cash means 100% of cash and amounts in Permitted Temporary Investments held by the Partnership plus the Partnership’s share of any cash or Permitted Temporary Investments held by any direct or indirect subsidiary of the Partnership, such share to be determined by reference to the Partnership’s direct or indirect interest in such direct or indirect subsidiary.

Partnership Cash. Flow. For the applicable period, the excess, if any, of (A) the sum of (i) all gross receipts from any source for such period, other than from Partnership loans, Capital Transactions and Capital Contributions, and (ii) any funds released by the Partnership from previously established reserves, over (B) the sum of (i) all cash expenses paid by the Partnership for such period, (ii) the amount of all payments of principal on loans to the Partnership, (iii) capital expenditures of the Partnership, and (iv) such reasonable reserves as the General Partner shall deem necessary or prudent to set aside for future repairs, improvements, or equipment replacement or additions, or to meet working capital requirements or foreseen or unforeseen future liabilities and contingencies of the Partnership; provided, however, that the amounts referred to in (B) (i), (ii) and (iii) above shall be taken into account only to the extent not funded by Capital Contributions, loans or paid out of previously established reserves. Such term shall also include all other funds deemed available for distribution and designated as "Partnership Cash Flow" by the General Partner.