Unencumbered Cash Balance means the aggregate of all cash
Unencumbered Cash Balance. At any time, the total of all cash and Cash-Equivalents of the Borrower which are not subject to any pledge, lien, encumbrance or other restriction.
Unencumbered Cash Balance. At any time, the total of all cash and cash-equivalents of the Borrower which are not subject to any pledge, lien, encumbrance or other restriction, except in favor of the Bank. Without limitation of the foregoing, the "Unencumbered Cash Balance" will in no event include any cash or cash-equivalents pledged to support any letter of credit. Any defined term used in the plural preceded by the definite article shall be taken to encompass all members of the relevant class. Any defined term used in the singular preceded by "any" shall be taken to indicate any number of the members of the relevant class.
Examples of Unencumbered Cash Balance in a sentence
The method of assessment is expected to remain unchanged during the first three years of operation of the District unless the governing Board of the District and the Village of Hartland alter the assessment process pursuant to the BID law.
Page: 2 Time: 12:59 pm Fiscal Year Budget (FNDREVEX) Revenues & Expenditures May 1, 2018 through May 31, 2018 GENERAL (001)( cont’d) May Annual FYTD Unencumbered ActivityBudget ActivityEncumbrancesBalance Unencumbered Cash Balance $ 970,068.36 $ 970,068.36 ================= ================= Date: 06/11/18 GARFIELD HTS.
FUND BALANCE SUMMARYJune 30, 2021 Unencumbered Cash Balance (January 1, 2021) $ 15,708,527Plus Estimated 2021 Revenues24,600,000Plus Estimated Encumbrance Cancellations100,000Total Estimated Available For Appropriation40,408,527Less Total Projected 2021 Expenditures(23,519,685)Projected Unencumbered Cash at Dec.
FUND BALANCE SUMMARYJune 30, 2022 Unencumbered Cash Balance (January 1, 2022) $ 235,919Plus Estimated 2022 Revenues1,080,150Plus Estimated Encumbrance Cancellations24,384Total Estimated Available For Appropriation1,340,453Less Projected 2022 Expenditures(1,174,895)Projected Unencumbered Cash at Dec.
FUND BALANCE SUMMARYSeptember 30, 2019 Unencumbered Cash Balance (January 1, 2019) $ 1,497,121Plus Estimated 2019 Revenues8,785,773Plus Estimated Encumbrance Cancellations200,000Total Estimated Available For Appropriation10,482,894Less Projected 2019 Expenditures(7,793,877)Less 2019 Transfer(700,000)Projected Unencumbered Cash at Dec.
More Definitions of Unencumbered Cash Balance
Unencumbered Cash Balance. At any time, the total of all cash, Cash-Equivalents and Readily-Marketable Securities of the Borrower which are not subject to any pledge, lien, encumbrance or other similar restriction, other than in favor of the Bank. Any defined term used in the plural preceded by the definite article shall be taken to encompass all members of the relevant class. Any defined term used in the singular preceded by "any" shall be taken to indicate any number of the members of the relevant class. This letter agreement is executed, as an instrument under seal, as of the day and year first above written. Very truly yours, BIOTRANSPLANT INCORPORATED By ____________________________ Name: Title: Accepted and agreed: FLEET NATIONAL BANK By ____________________________ Name: Title: DISCLOSURE SCHEDULE
Unencumbered Cash Balance. At any time, the total of all cash, cash-equivalents and readily-marketable securities of the Borrower which are not subject to any pledge, lien, encumbrance or other restriction. Any defined term used in the plural preceded by the definite article shall be taken to encompass all members of the relevant class. Any defined term used in the singular preceded by "any" shall be taken to indicate any number of the members of the relevant class. This letter agreement is executed, as an instrument under seal, as of the day and year first above written. Very truly yours, ABIOMED, INC. By ------------------------------- Name: Title: Accepted and agreed: FLEET NATIONAL BANK By -------------------------------- Name: Title: DISCLOSURE SCHEDULE Item 2.1(a) Jurisdictions in which Borrower is qualified; Subsidiaries
Unencumbered Cash Balance. At any time, the total of all cash and Cash-Equivalents of Alkermes (and, to the extent expressly provided below, certain Subsidiaries of Alkermes) which are not subject to any pledge, lien, encumbrance or right of set-off (other than a right of set-off in favor of an investment manager for its normal management fees) in favor of any other Person. The Unencumbered Cash Balance will in no event be deemed to include the sums from time to time pledged to the Bank pursuant to ss.1.8 above. Further, the Unencumbered Cash Balance will in no event be deemed to include any cash or Cash-Equivalents of any partnership or other entity in which Alkermes now or hereafter may have an interest, except that for the purposes of satisfying the Unencumbered Cash Balance test set forth in Section 3.6 above as at any date, Alkermes' `Unencumbered Cash Balance' will be deemed to include both the unencumbered cash and unencumbered Cash-Equivalents then held by a wholly-owned Subsidiary of Alkermes which is operated pursuant to 30 Del. Code ss.1902(b)(8) and the unencumbered cash and unencumbered Cash-Equivalents then held by ACT I."
Unencumbered Cash Balance. At any time, the total of all cash and Cash-Equivalents of the Borrower which are not subject to any pledge, lien, encumbrance or other restriction, other than any set-off right in favor of the Bank. Any defined term used in the plural preceded by the definite article shall be taken to encompass all members of the relevant class. Any defined term used in the singular preceded by "any" shall be taken to indicate any number of the members of the relevant class. This letter agreement is executed, as an instrument under seal, as of the day and year first above written. Very truly yours, DIACRIN, INC. By Name: Xxxxxx X. Xxxxxx Title: President and Chief Executive Officer Accepted and agreed: FLEET NATIONAL BANK By Its By Its DISCLOSURE SCHEDULE
Unencumbered Cash Balance means, as of any relevant date, the sum of all unencumbered and unrestricted cash then on deposit in the District’s general fund.
Unencumbered Cash Balance. At any time, the total of all cash and Cash-Equivalents of the Borrower which are not subject to any pledge, lien, encumbrance or other similar restriction. Any defined term used in the plural preceded by the definite article shall be taken to encompass all members of the relevant class. Any defined term used in the singular preceded by "any" shall be taken to indicate any number of the members of the relevant class. This letter agreement is executed, as an instrument under seal, as of the day and year first above written. Very truly yours, Organogenesis Inc.
Unencumbered Cash Balance. At any time, the total of all cash and Cash-Equivalents of Alkermes (and, to the extent expressly provided below, certain Subsidiaries of Alkermes) which are not subject to any pledge, lien, encumbrance or right of set-off (other than a right of set-off in favor of an investment manager for its normal management fees) in favor of any other Person. The Unencumbered Cash Balance will in no event be deemed to include the sums from time to time pledged to the Bank pursuant to [Section]1.8 above. Further, the Unencumbered Cash Balance will in no event be deemed to include any cash or Cash-Equivalents of any partnership or other entity in which Alkermes now or hereafter may have an interest, except that (A) for the purposes of satisfying the Minimum Unencumbered Cash Balance test set forth in Section 3.6 above as at any date, Alkermes' "Unencumbered Cash Balance" will be deemed to include both the unencumbered cash and unencumbered Cash-Equivalents then held by a wholly-owned Subsidiary of Alkermes which is operated pursuant to 30 Del. Code [Section]1902(b)(8) and the unencumbered cash and unencumbered Cash-Equivalents then held by ACT I, and (B) for the purposes of determining as at any date the Cash Ratio required to be maintained by Section 3.7 above, Alkermes' "Unencumbered Cash Balance" will be deemed to include both the unencumbered cash and unencumbered Cash-Equivalents of Alkermes and the unencumbered cash and unencumbered Cash-Equivalents of Alkermes' wholly-owned Subsidiaries. Any defined term used in the plural preceded by the definite article shall be taken to encompass all members of the relevant class. Any defined term used in the singular preceded by "any" shall be taken to indicate any number of the members of the relevant class. This letter agreement is executed, as an instrument under seal, as of the day and year first above written. Very truly yours, ALKERMES, INC. By /s/ Michxxx Xxxxxxx --------------------------------- Its Senior Vice President and CFO ALKERMES CONTROLLED THERAPEUTICS, INC. By /s/ Michxxx Xxxxxxx ------------------------ Its Vice President THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS BRACKETED AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. 26 ALKERMES CONTROLLED THERAPEUTICS INC. II By /s/ Michxxx Xxxxxxx ------------------------ Its Vice President THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. R...