Cash Flows. The “Cash Flows” taken into account in determining the Internal Rate of Return with respect to a per Class B Unit shall consist solely of (A) the sum of (x) the amount of the Effective Date Capital Contribution per Class B Unit made by the applicable Class B Member in exchange for such Class B Unit on the Effective Date, (y) any additional Capital Contributions made by such Class B Member pursuant to Section 4.04 in respect of such Class B Unit, and (z) all distributions to the applicable Class B Member, including distributions in respect of such Class B Unit pursuant to the proviso set forth in Section 5.01(d) (provided that, for the avoidance of doubt, “Cash Flows” shall not include any payments or reimbursements made to or for the account of the Class B Members or their Affiliates for expense reimbursements pursuant to Section 8.01 of the Purchase Agreement). Any amount received by the Class B Members that is in the nature of a recovery or replacement of, or indemnity or compensation for, and is the substantial economic equivalent of, an item that would otherwise be taken into account in the foregoing clauses (x), (y), or (z) (which for the avoidance of doubt, will not include any recovery or replacement of, or indemnity or compensation for, actual out-of-pocket losses, costs, or expenses of the Class B Members) will be deemed received for purposes of the calculation of the Internal Rate of Return on the date so received by such Class B Member (or its nominee).
Cash Flows. For purposes of determining the Internal Rate of Return, the cash flows to be taken into account with respect to each Class A Unit (the “Cash Flows”) shall consist solely of, without duplication, (i) the Capital Contributions with respect to such Class A Unit, (ii) pro rata distributions made with respect to such Class A Units pursuant to Section 5.02(b) on any Distribution Date or Liquidation Date, distributions made pursuant to Section 5.02(d) and 5.02(f), any tax distributions made to Class A Members that are separately identified as tax distributions, and distributions to be made with respect to such Class A Unit pursuant to Section 12.02(a)(vi) on the Liquidation Date to the extent such Liquidation Date distributions are attributable to pro rata allocations pursuant to Section 12.02(a)(v)(C) (or to be made on the Distribution Date or Liquidation Date as of which the Internal Rate of Return is being determined), and (iii) the net Tax Costs or Tax Benefits determined in accordance with Section 5.06(b)(iv) to be paid or received with respect to such Class A Unit on any Tax Payment Date. Any amount received by holders of Class A Units, which is in the nature of a recovery or replacement of, or indemnity or compensation for, and is the substantial economic equivalent of, an item which would otherwise be taken into account in the preceding clauses (i)–(iii) of this Section 5.06(b)(iii) (including, without limitation, the deemed recognition of PTCs pursuant to Section 6.06(d), amounts paid or distributed to the Class A Members pursuant to Section 9.03, the Sponsor Guaranty or Article 12) shall be taken into account for purposes of the calculation of the Internal Rate of Return on the date so received by such holders.
Cash Flows. (a) Subject to Section 7.01(b) of the Titling Trust Agreement and Sections 12.04 and 12.05 hereof, and except as otherwise provided herein, in any SUBI Supplement or in any related SUBI Servicing Supplement, the Servicer or Titling Trustee shall deposit as described in Section 7.01(b) of the Titling Trust Agreement all collections and proceeds received by the Servicer with respect to any Contract or Leased Vehicle, whether from regular periodic payments by obligors under a Contract sent to a Servicer lock box or from any other payments from such obligors or any other Persons received in any other way by the Servicer. All such collections and proceeds shall be identified by the Servicer as related either to (i) Contracts and Leased Vehicles in a particular SUBI Portfolio or (ii) Contracts and Leased Vehicles remaining as part of the UTI Portfolio and shall be deposited by the Servicer into the appropriate SUBI Collection Account to the extent they relate to any SUBI Portfolio and into the UTI Collection Account (or simply paid to the UTI Beneficiary by the Servicer if the UTI Beneficiary and the Servicer are not the same person) to the extent they relate to the UTI Portfolio.
Cash Flows. (1) The combined Operating Cash Flow and operating cash flow of MobileMedia Corp. and its Subsidiaries (calculated in a manner consistent with the calculation of Operating Cash Flow) on an annualized basis for the three month period ending on the Merger Effective Date or, if the Merger Effective Date is not the last day of a month, for the immediately preceding three month period shall not be less than $225,000,000, (2) the aggregate number of Pagers in Service of MobileMedia Corp. and its Subsidiaries and the Borrower and its Subsidiaries on a combined basis as of the Merger Effective Date shall not be less than $7,000,000, and (3) the Administrative Agent shall have received a certificate of a Financial Officer of the Borrower (including calculations in reasonable detail) to the foregoing effect in form and substance satisfactory to the Managing Agents.
Cash Flows. Commencing January 31, 2008, (i) within two Business Days following the last Business Day of each week, a cash flow forecast detailing cash receipts and cash disbursements on a weekly basis for the next 13 weeks (a “Thirteen Week Forecast”), the information and calculations contained in which shall be reasonably satisfactory to the Initial Lenders and the Collateral Agent and (ii) within two Business Days following the first Business Day of each week, a Variance Report for the previous week;”
Cash Flows. The Borrower shall deliver, as soon as available and in any event not later than Monday of each week, a 13-week rolling cash flow forecast, which forecast shall (i) detail projected cash receipts and cash disbursements on a weekly basis for the current week and the next 12 weeks, (ii) set forth in comparative form the actual cash receipts and cash disbursements for the prior week and the variance from the projections for such prior week and (iii) otherwise be in form and detail reasonably satisfactory to the Administrative Agent.
Cash Flows. (a) Subject to Section 4.3(b) below, the Cash Manager is hereby authorized to collect, receive and hold the following amounts for and on behalf of the Guarantor and the Bond Trustee:
Cash Flows. The following is a summary of the Group’s cash flows in 2010, 2009 and 2008: Year ended Year ended Year ended 31 December 2010 31 December 2009 31 December 2008 USD thousand USD thousand USD thousand Net cash flows from operating activities 5,250 5,152 23,450 Net cash flows from investing activities (687) (808) (7,222) Net cash flows from financing activities (4,656) (3,406) (7,218) Net foreign exchange difference (126) (696) (8,956) Net change for the period (219) 242 54 Net cash flows from operating activities In 2010 Group’s cash flows from operating activities increased by 1.9% to USD5.3 million from USD5.2 million. The increase is attributable to higher profit attributable to operating activities partially offset by an increase in working capital. In 2009 Group’s cash flows from operating activities decreased by 78.0% to USD5.2 million from USD23.5 million. The decrease is attributable to lower profit attributable to operating activities and an increase in working capital. The Group defines working capital as current assets (excluding cash) minus current liabilities (excluding short-term bank borrowings and current portion of long term borrowings). The main contributors to working capital are the Group’s inventories, biological assets, accounts receivable, short-term deposits and accounts payable. The following is a summary of the Group’s changes in working capital in 2010, 2009 and 2008: Year ended 31 December 2010 Year ended 31 December 2009 Year ended 31 December 2008 USD thousand USD thousand USD thousand (Increase)/Decrease in trade and other receivables less receivables for securities sold but not yet settled (2,067) 2,153 (2,356) (Increase)/Decrease in prepayments to suppliers 242 (353) (158) (Increase)/Decrease in inventories (3,399) (1,494) 1,840 (Increase)/Decrease in biological assets (2,592) (2,621) 2,435 (Increase)/Decrease in short-term deposits 1,370 (1,370) 11,248 Increase/(Decrease) in trade and other payables and Advances received 1,536 (754) (629) (Increase)/Decrease for the period (4,910) (4,439) 12,380 In 2010 Group’s working capital increased by USD4.9 million due to the following: • Decrease in trade and other receivables less receivables for securities sold but not yet settled increased by USD2.1 million as a result of increase in sales. • Inventories increased by USD3.4 million due to purchases of feed grains and of animal feed ingredients as well as finished products. • Biological assets increased by USD2.6 million due to an ...
Cash Flows. Free Cash to the Firm is an important factor to generate value for businesses. However, some businesses may not be able to generate significant free cash flow if they are in the enhancing their operating capacities significantly, in which case operating cash flows become important. Pressure on operating cash flows is one of the early signs of increasing pressures in the business. Businesses that demonstrate growth in earnings without commensurate cash flow generation are avoided.