Required Cash definition

Required Cash means the sum of Broker-Dealer Required Cash, OCC-Regulated Subsidiary Required Cash and HUD-Regulated Subsidiary Required Cash; provided, that to the extent, after the Effective Date, the Borrower or any of its Subsidiaries shall acquire or create any new “regulated” Domestic Subsidiary that shall not be required to guaranty the Obligations pursuant to the Guarantee, then the definition of “Required Cash” shall also include the required cash of any such Person, which required cash shall be calculated in a substantially equivalent manner as Broker-Dealer Required Cash, OCC-Regulated Subsidiary Required Cash and HUD-Regulated Subsidiary Required Cash have been calculated and otherwise in a manner mutually agreed between the Borrower and the Administrative Agent.

Required Cash means $800,000,000, as adjusted pursuant to Section 2.6 hereof.

Required Cash means (x)(i) $765,000,000, in the event that the $25.25 million settlement amount payable by Seagate to TeraStor Corporation, MaxOptics Corporation and Kubota Corporation is fully paid by Seagate prior to the Closing Date, or (ii) $775,000,000, in the event that the $25.25 million settlement amount payable by Seagate to TeraStor Corporation, MaxOptics Corporation and Kubota Corporation is not fully paid by Seagate prior to the Closing Date, minus (y) one-third ( 1/3) (up to a maximum of $2.5 million in the aggregate) of the Printing and Filing Expenses, as adjusted pursuant to Section 2.6 hereof."

Examples of Required Cash in a sentence

• Payment of the Required Cash Portion of the Dividend and the Capital Return shall be made in cash.

• The Company shall have an amount of Cash at the Property that is not less than the Minimum Required Cash.

• The Bank’s Lien on the Cash Collateral being substituted shall not be released until the Pledgor has marked-to-market such substitutions and provided the Bank with a written certification of the Adjusted Market Value (Item) of such substitutions which is not less than the Minimum Required Cash Collateral Amount.

• With respect to any Dividend Payment Date on or prior to April 20, 2013, payment of the Dividend (other than the Required Cash Portion) shall be made, at the Corporation’s sole discretion, in cash or in kind in additional shares of Series A Preferred Stock in an amount equal to the Dividend amount (other than the Required Cash Portion) divided by the Face Value (the “ PIK Preferred Shares ”).

• The Company shall have an amount of Cage Cash at the Property that is not less than the Minimum Required Cash.

More Definitions of Required Cash

Required Cash is defined in Section 1.1(k).

Required Cash. (i) amounts received by the Company for work or services not yet performed, and (ii) the Company’s accrued (or incurred but not yet paid) payroll, vacation and bonuses (other than bonuses included in the definition of Debt) as of the Closing Date.

Required Cash is defined as "$800,000,000, as adjusted pursuant to Section 2.6 [of the Stock Purchase Agreement]". Suez, Seagate and SSHI desire to amend the definition of Required Cash in the Stock Purchase Agreement. Suez, Seagate and SSHI hereby agree that the definition of "Required Cash" in Section 1.1(ee) of the Stock Purchase Agreement hereby is amended in its entirety to read as follows:

Required Cash means a Net Cash Amount equal to $1,000,000.

Required Cash is defined as the amount determined by the Adviser, with oversight by the Board, to be necessary or prudent for operational and regulatory purposes, including to meet capital commitments to certain Investment Funds and/or other compliance purposes. Required Cash is expected to generally be no more than 5% of the Master Fund’s NAV but may exceed such an amount in certain circumstances. Quarterly distributions will generally be made subject to the Master Fund having a minimum of $10 million of Excess Cash as of the end of a calendar quarter, otherwise, such Excess Cash will be distributed in the subsequent quarter or quarters where the aggregate of Excess Cash from such subsequent quarter(s) and prior quarters exceeds $10 million. The Master Fund may also make intra-quarter distributions if the Master Fund has Excess Cash of $25 million or more as of the 45th day after the end of any quarter. The Master Fund may make in-kind distributions of portfolio securities, although such distributions are unlikely in the judgment of the Adviser.

Required Cash means (i) $16,337,538 if the Closing Date occurs in July ------------- 2001, (ii) $14,587,538 if the Closing Date occurs in August 2001 and (iii) $12,837,538 if the Closing Date occurs after August 31, 2001; provided, however, that Required Cash shall be increased in each case by $720,000 if the Purchaser elects to purchase the Purchaser D&O Policy as provided in

Required Cash means an amount of Cash equal to $2,407,771.