Cash Equivalent

Cash Equivalent. Means a wire transfer of funds or other good and immediately available federal funds.

Cash Equivalent. Shall mean a dollar amount equal to: (i) the number of shares of iStar common stock at issue multiplied by (ii) the average of the average high and low sales price of a share of iStar common stock for each of the five trading days preceding the Vesting Date at issue and the five trading days thereafter, as reported on the New York Stock Exchange (the "NYSE"). Cash Equivalent shall be equitably adjusted in the event that (x) iStar common stock is not listed on the NYSE at the time of computation... or (y) prior to such time there has occurred one or more mergers, consolidations, stock splits, distributions of securities, or similar events affecting iStar common stock. View More

Cash Equivalent. Short-term security that is liquid enough to be considered equivalent to cash, and which for the purposes of this Agreement specifically excludes cash placed in escrow by Borrower, which cash, by virtue of the escrow, is pledged for a specific purpose and is not readily available to the Borrower.

Cash Equivalent. With respect to any Person any short-term investments that are classified as cash equivalents on such Person's consolidated balance sheet in accordance with generally accepted accounting principles, consistently applied

Cash Equivalent. Means (A) readily marketable obligations issued or directly and fully guaranteed or insured by the United States of America or any agency or instrumentality thereof having maturities of not more than 360 days from the date of acquisition thereof; (B) time deposits with, or insured certificates of deposit or bankers' acceptances of, any commercial bank that (i) is organized under the laws of the United States of America, any state thereof or the District of Columbia or is the principal banking... subsidiary of a bank holding company organized under the laws of the United States of America, any state thereof or the District of Columbia, and (ii) has combined capital and surplus of at least $500,000,000; (C) commercial paper issued by any person organized under the laws of any state of the United States of America and rated at least "Prime-1" (or the then equivalent grade) by Moody's or at least "A-1" (or the then equivalent grade) by S&P, in each case with maturities of not more than 180 days from the date of acquisition thereof; and (D) investments in money market investment programs registered under the Investment Company Act of 1940, the portfolios of which are limited solely to investments of the character, quality and maturity described in clauses (A), (B) and (C) of this definition. View More

Cash Equivalent. Unrestricted (a) cash held in US Dollars and (b) Investments of the type identified in Section 9.05(c) to (f).