Required Cash Balance definition

Required Cash Balance means, on any date, minimally $8,500,000 in unencumbered cash and Cash Equivalents; PROVIDED, HOWEVER, that beginning on September 30, 2002 the Required Cash Balance is minimally $25,000,000 on the last business day of any month during which a Securitization has occurred.
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Required Cash Balance means an amount equal to $25 million plus the LBB Liability Cap; and
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Required Cash Balance means the lesser of (i) [ * ] and (ii) the Minimum Cash Balance.
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Examples of Required Cash Balance in a sentence

  • Your Available Margin is calculated as: Available Margin = Cash Balance + Estimated open profits – Estimated open losses – Total Margin Required Cash Balance = £3,000 Open Profit = £0 Open Losses = £50 Total Margin Required* = £526.35 Available Margin = £3,000 + £0 - £50 - £526.35 = £2,423.65 * Where Total Margin Required is: Margin for UK 100 open trade = (5 * 1 * 5263.5) * 0.02 = £526.35 Please see section 5.1 for Margin Required.

  • Adverse childhood experiences (ACEs; e.g., abuse, neglect, parental loss, etc.) have8 been associated with increased risk for later-life disease and dysfunction using adults’ retrospective910 self-reports of ACEs. Research should test whether associations between ACEs and health outcomes1211 are the same for prospective and retrospective ACE measures.1314 Methods.

  • Ship and containment system can be fully constructed in a conventional shipyard.

  • If the Closing Date is not on ------------ the 15th or the last day of a calendar month, the parties shall negotiate in good faith on an equitable adjustment of the Required Cash Balance based on that Closing Date.

  • Accordingly, Seller agrees that notwithstanding anything contained herein to the contrary, Seller (ii) shall leave no less than the Required Cash Balance in the Company's account located at Xxxxxx United Bank on the Closing Date and (ii) shall pay, no later than 24 hours upon demand by the Company or any Affiliate thereof, any checks which have not been paid prior to the Closing Date and the Required Cash Balance is not sufficient to satisfy such payment.


More Definitions of Required Cash Balance

Required Cash Balance has the meaning given such term in Section 5.8 hereof.
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Required Cash Balance means, with respect to each of Buyer and Sirius, $9 million in Cash;
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Required Cash Balance means, as of any time of determination, an amount of cash and cash equivalents equal to the amount necessary to pay any and all interest payments that will become due and payable on the Company’s then outstanding indebtedness during the twelve (12) month period following the time of determination.
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Required Cash Balance means the sum of all checks which have been written by or against the account of the Company or its Subsidiaries which have not cleared prior to the Closing Date.
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Required Cash Balance means, on any date, $10,000,000 in unencumbered cash and Cash Equivalents; provided, however, that the Required Cash Balance is (x) $40,000,000 in unencumbered cash or Cash Equivalents on the Closing Date and on the last business day of any month prior to and including the initial Take-Out Securitization, and (y) $25,000,000 on the last business day of any month during which a subsequent Take-Out Securitization has occurred.
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Required Cash Balance has the meaning set forth in Section 1.11(a).
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Required Cash Balance means, as of any time of determination, an amount of cash and cash equivalents equal to the amount necessary to pay any and all interest payments that will
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