Retained Cash Amount definition

Retained Cash Amount has the meaning set forth in Section 2.05(c).
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Retained Cash Amount means an amount of Cash, not to exceed $515,000,000, retained by the Debtors or their subsidiaries to fund their operations and to fund payments required pursuant to the Plan.
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Retained Cash Amount means the amount of cash and Cash Equivalents held by Intelsat Luxembourg immediately after giving effect to the Transactions, including the payment of all fees and expenses associated therewith, less any amounts contributed by Intelsat Luxembourg to the Issuer following the Issue Date.
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Examples of Retained Cash Amount in a sentence

  • Seller shall distribute, or cause to be distributed, any part of the Retained Cash Amount that remains available as of the consummation of the Seller Liquidation to an account designated by Purchaser no later than two Business Days following the consummation of the Seller Liquidation.

  • The parties shall cause the estimated Cash of New Xxxxx on hand immediately after the Distributions Time to equal the Estimated Required Retained Cash Amount.

  • Sellers shall pay the Company for all such expenses by a reduction in the Final Retained Cash Amount and the Guaranteed Payments, if necessary, equal to such expenses as provided in Section 9.12(a).

  • To the extent the Estimated Retained Cash Amount exceeds the Actual Cash Amount, Xxxxxxx-Xxxxxx shall pay to Spinco within 5 days the amount of such excess by wire transfer of immediately available funds.

  • For the avoidance of doubt, all amounts deposited by or on behalf of any member of the Spinco Group with respect to cash and cash equivalents received on or prior to the Distribution Date in excess of the Retained Cash Amount shall be transferred to Xxxxxxx-Xxxxxx.

  • If the Final Retained Cash Amount payable to Sellers is less than the amount of such transaction costs paid by the Company, Buyer may offset the difference against the Guaranteed Payments.

  • Five days prior to the Closing Date, Xxxxxxx-Xxxxxx will provide Investor with calculations of the Adjustment Amount and components thereof, including an estimate of Xxxxxxx-Xxxxxx Taxes, and the Estimated Required Retained Cash Amount together with such supporting data as Investor may reasonably request.

  • Five days prior to the Closing Date, Alberto-Culver will provide Investor with calculations of the Adjustment Amount included in definition of Adjustment Amount and components thereof, including an estimate of Alberto-Culver Taxes, and the Estimated Required Retained Cash Amount together with such supporting data as Investor may reasonably request.

  • To the extent the Actual Cash Amount exceeds the Estimated Retained Cash Amount, Spinco shall pay to Xxxxxxx-Xxxxxx within 5 days the amount of such excess by wire transfer of immediately available funds.

  • If the Cash Estimate is more than the Retained Cash Amount, no adjustment to the principal amount of the Buyer Note shall be made under this Section 2.6.


More Definitions of Retained Cash Amount

Retained Cash Amount is defined in Section 7.11(a).
Sample 1
Retained Cash Amount means any cash, cash equivalents and marketable securities held by Sellers other than QGI and QGWI as at the Closing Date (which shall in no event exceed $150,000), as initially estimated in the Estimated Payment Certificate, subject to adjustment after the Closing pursuant to Sections 2.9 and 2.11.
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Retained Cash Amount has the meaning set forth in the BCA.
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Retained Cash Amount has the meaning specified in the last paragraph of Section 2.05.
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Related to Retained Cash Amount

  • Cash Amount means an amount of cash equal to the product of (i) the Value of a REIT Share and (ii) the REIT Shares Amount determined as of the applicable Valuation Date.

  • Closing Cash Amount has the meaning set forth in Section 2.2.

  • Daily Cash Amount means, with respect to any VWAP Trading Day, the lesser of (A) the applicable Daily Maximum Cash Amount; and (B) the Daily Conversion Value for such VWAP Trading Day.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Unrestricted Cash Amount means, as to any Person on any date of determination, the amount of (a) unrestricted Cash and Cash Equivalents of such Person whether or not held in an account pledged to the Collateral Agent and (b) Cash and Cash Equivalents of such Person restricted in favor of the Facilities (which may also include Cash and Cash Equivalents securing other Indebtedness secured by a Lien on any Collateral along with the Facilities), in each case as determined in accordance with GAAP; it being understood and agreed that proceeds subject to Escrow shall be deemed to constitute “restricted cash” for purposes of the Unrestricted Cash Amount.

  • Closing Cash Payment has the meaning set forth in Section 2.06(a).

  • Retained Amount means the present value (as determined in accordance with sections 280G(b)(2)(A)(ii) and 280G(d)(4) of the Code) of the Total Benefits net of all federal, state and local taxes imposed on Executive with respect thereto.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Closing Cash Consideration has the meaning set forth in Section 2.6(a)(i).

  • Daily Maximum Cash Amount means, with respect to the conversion of any Note, the quotient obtained by dividing (A) the Specified Dollar Amount applicable to such conversion by (B) thirty (30).

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Net Cash Payments means, with respect to any Disposition, the aggregate amount of all cash payments received by the Company and its Restricted Subsidiaries directly or indirectly in connection with such Disposition, whether at the time of such Disposition or after such Disposition under deferred payment arrangements or Investments entered into or received in connection with such Disposition (including, without limitation, Disposition Investments); provided that:

  • Company Cash means all cash on hand or on deposit to the credit of the Company on the Closing Date;

  • Cash Portion is defined in Section 2.2(a)(iii) hereof.

  • Holdback Amount has the meaning set forth in Section 2.1(c).

  • Closing Cash means the aggregate amount of all Cash of the Company as of the close of business on the day immediately preceding the Closing Date.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Company Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.

  • Working Capital Escrow Amount means $1,000,000.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).

  • Aggregate Cash Consideration has the meaning set forth in Section 3.01(b)(ii).

  • Non-Cash Consideration means the Fair Market Value of non-cash consideration received by the Borrower or a Subsidiary in connection with an Asset Sale less the amount of cash or Cash Equivalents received in connection with a subsequent sale of or collection on such Non-Cash Consideration.

  • Estimated Closing Cash has the meaning set forth in Section 2.4(a).

  • Final Closing Cash means the Closing Cash, as finally agreed or determined in accordance with Section 2.3(c).

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Earnout Payment has the meaning set forth in Section 2.3(b).