Total Available Cash definition

Total Available Cash means, in the aggregate, the Available Cash from Temporary Investments, the Available Cash from Operations, and the Available Cash from Capital Transactions.
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Total Available Cash means, with respect to the Borrower and its Subsidiaries at any date, an amount equal to the Consolidated sum of cash plus cash equivalents, including without limitation money market investments, less $10,000,000; provided, however, in no event shall the amount be less than zero (0)."
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Total Available Cash means, at any time, an amount (which shall not be negative) equal to (i) the aggregate amount at such time of all cash and cash equivalents of the Borrower and the Subsidiaries (determined on a consolidated basis in accordance with GAAP) minus (ii) the sum of, without duplication, each of the following with respect to the Borrower and the Subsidiaries, to the extent utilized in determining the aggregate amount at such time of such cash and cash equivalents: (a) the lesser of (A) the LC Collateral Base and (B) an amount equal to 103% of the LC Exposure, (b) the aggregate amount of all cash and cash equivalents subject to Liens permitted by Section 8.2(e), (c) the aggregate amount of all Customer Deposit Property (as defined in the Security Agreement) that does not constitute Collateral, (d) the aggregate amount of all self-insurance reserves set aside in respect of employee medical plans, (e) the aggregate amount of all 401K deposits that have not yet been deposited with or transferred to the relevant trustee or custodian, and (f) the aggregate amount of all funds set aside to cover checks drawn for routine working capital purposes in the ordinary course of business.”
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Examples of Total Available Cash in a sentence

  • The Management Fee will be payable by the Fund from Total Available Cash, if any, or from other Fund Assets, including without limitation, Capital Contributions and interest earned on Temporary Investments.

  • The Shareholders shall not be entitled to any adjustment in the purchase consideration pursuant to this Section 2.6(b) if the Total Available Cash is less than $65,000.

  • As of the end of any fiscal quarter, permit the ratio of (a) the sum for the Borrower and its Subsidiaries as of such fiscal quarter end of (i) Consolidated Debt plus (ii) Weighted Operating Lease Payments less (iii) Total Available Cash to (b) the sum for the Borrower and its Subsidiaries as of such fiscal quarter end of (i) Consolidated Net Worth plus (ii) Consolidated Debt plus (iii) Weighted Operating Lease Payments less (iv) Total Available Cash, to exceed 0.65 to 1.00.


More Definitions of Total Available Cash

Total Available Cash means, in the aggregate, the Available Cash from Temporary Investments, the Available Cash from Operations, and the Available Cash from Capital Transactions. 83, “TMP” has the meaning provided in Section 4.10.
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