Common use of Minimum Cash Flow Clause in Contracts

Minimum Cash Flow. The "Net Cash Flow" of Customer as of the end of each of its fiscal years shall not be less than $400,000.00. As used herein, "Net Cash Flow" shall mean the sum of Customer's annual net after-tax income, depreciation and any non-recurring expenses, less any non-recurring income and the current portion of long-term debt due to parties other than MLBFS; all as shown on Customer's regular financial statements prepared in a manner consistent with the terms hereof.

Minimum Cash Flow. The "Net Cash Flow" of Customer as of the end of each of its fiscal years shall not be less than $400,000.00. As used herein, "Net Cash Flow" shall mean the sum of Customer's Customers annual net after-tax income, depreciation and any non-recurring expenses, less any non-recurring income and the current portion of long-term debt due to parties other than MLBFS; all as shown on Customer's Customers regular financial statements prepared in a manner consistent with the terms hereof.