Projected Liquidity definition

Projected Liquidity means, as of any date of determination, the sum of (i) the Projected Cash Balance as of such date and (ii) the Projected Available RCF Drawings as of such date.
Sample 1
Projected Liquidity means, as of any date of determination, the projected amount of the Company’s unrestricted cash and cash equivalents as of any business day of the quarter for which such determination is made (after taking into account all obligations, including indebtedness, that are expected to come due in such quarter and projected sales for such quarter) plus any unused availability under any committed credit arrangement that will be available to the Company to be used for general corporate purposes as of any business day of the quarter for which such determination is made.
Sample 1
Projected Liquidity means the difference of (A) the Borrower's Book Cash on the date that a Borrowing Request is submitted minus (B) projected cash disbursements from and after the delivery of the Borrowing Request to and including the proposed funding date of a Supplemental Loan.
Sample 1

Examples of Projected Liquidity in a sentence

  • The amount of each Preference Unit Holder’s Loan Contribution for a period will be that Unit Holder’s Proportion of the Projected Liquidity Requirement for that period.

  • Projected Liquidity of Refined Target 7.00% Asset Mix‌ Capital Preservation AssetsSource of Data: Callan A/L Study 10/16/19 Assumptions: • Total fund assets as of 7/31/19 at $29.6 billion• Monthly benefit payments at $310 million• Monthly benefit payments net of contributions at $90 million 25.

  • Current and Projected Liquidity Position: A Company’s liquidity position also determines the level of dividend.

  • Default Cost (4)*(5)6,000,000Total Projected Liquidity 7 Facility Cost (3)+(6)31,360,556 Notes - This method uses values projected by the FHCF's Financial Advisor, Raymond James - Kapil Bhatia (4/10/13) plus a judgemental loading for potential asset loss.

  • This provides your department with full disclosure and allows them to sign off indicating their agreement to the proposed program.Next to sign is the appropriate Dean or Associate Dean in your faculty.

  • Projected Liquidity of Refined Target 7.00% Asset Mix‌ Assumptions: • Total fund assets as of 3/31/2021 at $34.9 billion• Monthly benefit payments at $317 million• Monthly benefit payments net of contributions at $97 million 25.

  • Projected Liquidity of Policy Target Asset Allocation‌ Assumptions: • Total fund assets as of 6/30/2021 at $37.9 billion• Monthly benefit payments at $317 million• Monthly benefit payments net of contributions at $92 millionATTACHMENT BSERS Strategic Plan FY 2021 – FY 2023 VisionTo become fully funded and the recognized leader among pension organizations providing innovative, best-in-class services and products to our customers and stakeholders.

  • Upon a Liquidity Support Event, Total S.A.was required to provide to us, and we were required to accept from Total S.A., a Liquidity Injection sufficient to (a) cause our Reported Liquidity and Projected Liquidity to be at least $100 million, or, as applicable, (b) to cure any breach and satisfy the applicable financial covenant in our indebtedness.


More Definitions of Projected Liquidity

Projected Liquidity means, as of the date of any purchase of shares of Class A Common Stock of the Guarantor pursuant to Section 9.13(a) hereof, the annual cash and credit available after giving effect to the purchase price (and the payment of all fees and expenses) to be paid in connection with such purchase, based upon an updated budget of cash sources of the Borrower, the Guarantor and their respective Subsidiaries and the uses thereof furnished by the Guarantor to the Administrative Agent, such updated budget to be consistent in form with the Sources and Uses Projection.
Sample 1
Projected Liquidity means, as of any date of determination, the projected amount of (i) SunPower’s unrestricted cash and Cash Equivalents as of the last Business Day of the fiscal quarter in which such determination is made (after taking into account all obligations, including under Applicable Indebtedness, that are expected to come due in such fiscal quarter and any projected sales for such fiscal quarter) plus (ii) unused availability under any committed credit arrangement that will be available to SunPower to be used for general corporate purposes as of the last Business Day of the fiscal quarter in which such determination is made.
Sample 1

Related to Projected Liquidity

  • Consolidated Liquidity means, with reference to any period, an amount equal to (a) any Unrestricted Cash of the Borrowers and their Subsidiaries as calculated on a consolidated basis for such period and (b) the Aggregate Commitments of the Lenders minus the outstanding principal amount of all Loans and any issued and outstanding Letters of Credit; provided that the Borrowers are otherwise permitted to borrow such amount pursuant to the terms and conditions of this Agreement at the time such amount is calculated.

  • Cash Liquidity means, with respect to any Person, on any date of determination, the sum of (i) unrestricted cash, plus (ii) Available Borrowing Capacity, plus (iii) Cash Equivalents.

  • Available Liquidity means on any date, the sum of (i) the excess, if any, of (x) the amount of all Revolving Credit Commitments of each Lender that is not a Defaulting Lender on such date over (y) the aggregate Revolving Credit Exposure on such date plus (ii) the aggregate amount of unrestricted cash and Permitted Investments of the Company and its Restricted Subsidiaries on such date.

  • Applicable Liquidity Rate has the meaning specified in Section 3.07(g).

  • Free Liquidity means, at any date of determination, the aggregate of the Cash Balance and any Commitments under this Agreement or any other amounts available for drawing under other revolving or other credit facilities of the NCLC Group, which remain undrawn, could be drawn for general working capital purposes or other general corporate purposes and would not, if drawn, be repayable within six months.

  • Minimum Liquidity has the meaning given in Clause 11.19;

  • Liquidity Ratio means the ratio of Liquidity to all Indebtedness to Bank.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Projected Recovery Amount The fair value of the estimated amount of subsequent recoveries, determined by Freddie Mac on the Termination Date, at its sole discretion, on the Credit Event Reference Obligations.

  • Prior Period Investments means investments made in a previous evaluation period that are outstanding as of the examination date.

  • Maintenance Capital Expenditure means cash expenditures (including expenditures for the construction of new capital assets or the replacement, improvement or expansion of existing capital assets) by a Group Member made to maintain, over the long term, the operating capacity or operating income of the Partnership Group. For purposes of this definition, “long term” generally refers to a period of not less than twelve months.

  • Standard Investment Period means the period beginning with the first day of any purchase or acquisition of Economic Development Property and ending five (5) years after the Commencement Date.

  • Capital Expenditure Reserve means, on an annual basis, an amount equal to $0.15 per square foot for each property owned by a Borrower or the Parent (or a Subsidiary thereof).

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Excess Cash Flow Payment Period with respect to the prepayment required on each Excess Cash Flow Application Date, the immediately preceding fiscal year of the Borrower.

  • Liquidity means, as of any date of determination, the sum of (i) the aggregate amount of Unrestricted Cash of the Obligors at such time plus (ii) Availability at such time.

  • Liquidity Capitalization means the number, as of immediately prior to the Liquidity Event, of shares of the Company’s capital stock (on an as-converted basis) outstanding, assuming exercise or conversion of all outstanding vested and unvested options, warrants and other convertible securities, but excluding: (i) shares of Common Stock reserved and available for future grant under any equity incentive or similar plan; (ii) any SAFEs; and (iii) convertible promissory notes.

  • Cash Flow Leverage Ratio means as of the last day of any calendar quarter the ratio of the Total Funded Debt as of such day to Adjusted EBITDA for the four calendar quarters then ended.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) as well as impairments thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles associated with the disposal or exiting of a business of the Company or any of its Subsidiaries for such period, all as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Current Ratio means, as of any date of determination, the ratio of (a) Consolidated Current Assets as of such date to (b) Consolidated Current Liabilities as of such date.

  • Replacement Liquidity Provider has the meaning set forth in the Intercreditor Agreement.

  • Fiscal Period means the period commencing on the Closing Date, and thereafter each period commencing on the day immediately following the last day of the immediately preceding Fiscal Period, and ending in each case at the close of business on the first to occur of the following dates:

  • Required Reserve Account Amount means, with respect to any Distribution Date on or after the Reserve Account Funding Date, an amount equal to (1) 0.50% of the Class A Invested Amount as of the preceding Distribution Date (after giving effect to all changes therein on such date) or (2) any other percentage (which may be 0%) of the Class A Invested Amount designated by the Transferors, provided that if such percentage is less than the percentage specified in clause (1) above, the Transferors shall have received the prior written consent of the Collateral Interest Holder and written notice from each Rating Agency that the Rating Agency Condition shall have been satisfied with respect to such designation and shall have delivered copies of each such written notice to the Servicer and the Trustee.