Example ContractsClausesAvailable Cash
Available Cash
Available Cash contract clause examples

Available Cash” means, as of any date of determination, cash held by the Borrower in the Borrower Account less any Obligations required to be paid, repaid or prepaid as of such date and any taxes, registration fees, filing fees or other reasonable expenses of the Borrower incurred in the ordinary course of the Permitted Business and due and payable as of such date.

Available Cash” means, with respect to any period for which such calculation is being made, all cash balances of the Partnership net of the Partnership’s working capital needs, anticipated capital expenditures, operating expenses, debt service requirements and other necessary reserves including with respect to contingencies or commitments, each as determined by the General Partner, following the direction and approval of the Board of Directors.

Available Cash” means, with respect to any period for which such calculation is being made, cash of the Company, regardless of source (including Capital Contributions and loans to the Company), that the Managing Member, in its sole and absolute discretion, determines is appropriate for distribution to the Members.

“Available Cash” shall mean the cash available after giving effect to reserves necessary to pay liabilities and obligations of each Och Ziff Operating Group Partnership, subject in each case to compliance with any law, rule or regulation (including without limitation, any fraudulent transfer or conveyance or similar laws) or any order or directive of any governmental authority or any contract or agreement, in each case then applicable to such Och Ziff Operating Group Partnership, as determined in the reasonable discretion of the Och-Ziff General Partners.

Available Cash” means, with respect to any period for which such calculation is being made,

Available Cash” means, with respect to any period for which such calculation is being made, all cash balances of the Partnership net of the Partnership’s working capital needs, anticipated capital expenditures, operating expenses, debt service requirements and other necessary reserves including with respect to contingencies or commitments, each as determined by the General Partner, following the direction and approval of the Board of Directors.

Available Cash” has the meaning assigned to such term in the MLP Partnership Agreement.

Available Cash” means the sums of (a) the aggregate of cash and Cash Equivalents plus (b) the amount by which the Aggregate Commitments exceed the Total Outstandings.

Available Cash” shall mean, for any period, “Available Cash” as defined in the MLP Entity’s Partnership Agreement that is attributable to the Borrower and its Subsidiaries.

Available Cash” means, as of any date, the aggregate amount of cash and Cash Equivalent Investments of the Parent and its Subsidiaries, other than cash subject to any Lien securing Debt or other obligations or that is otherwise restricted (in each case except for cash and Cash Equivalent Investments subject to any Lien securing the Secured Obligations).

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