Annual Cash Flow definition

Annual Cash Flow means the net income from operations of Block Court Reporting, Inc. before interest, taxes, depreciation and amortization ("Net Income"), calculated quarterly on a trailing twelve-month basis. For the first three quarterly computations during the term of this Note, Annual Cash Flow shall be computed as follows: For the first quarterly computation following the date of this Note, Net Income for the first calendar quarter following the date of this Note (the "First Calendar Quarter") shall be multiplied by four (4); for the second quarterly computation following the date of this Note, Net Income for the second calendar quarter following the date of this Note shall be added to Net Income for the First Calendar Quarter and the sum (the "Second Quarter Sum") shall be multiplied by two (2); for the third quarterly computation following the date of this Note, Net Income for the third calendar quarter following the date of this Note shall be added to the Second Quarter Sum and the total shall be divided by .75. If Net Income for a full calendar quarter is not available for purposes of this calculation, Net Income for the partial quarter shall be divided by the number of days in the partial quarter and the result shall be multiplied by 90 to create a full calendar quarter.
Annual Cash Flow means the Company's net income from operations of the Amicus Division before interest, taxes, debt service, depreciation and amortization ("Net Income"), calculated quarterly on a trailing twelve-month basis. For the first three quarterly computations during the term of this Note, Annual Cash Flow shall be computed as follows: (a) For the first quarterly computation following the date of this Note, Net Income for the first calendar quarter following the date of this Note (the "First Calendar Quarter") shall be multiplied by four (4); (b) for the second quarterly computation following the date of this Note, Net Income for the second calendar quarter following the date of this Note shall be added to Net Income for the First Calendar Quarter and the sum (the "Second Quarter Sum") shall be multiplied by two (2); (c) for the third quarterly computation following the date of this Note, Net Income for the third calendar quarter following the date of this Note shall be added to the Second Quarter Sum (set forth in subdivision "b" hereof), and the total shall be divided by .75. If Net Income for a full calendar quarter is not available for purposes of this calculation, Net Income for the partial quarter shall be divided by the number of days in the partial quarter and the result shall be multiplied by 90 to create a full calendar quarter.
Annual Cash Flow means the Company's net income from operations before interest, taxes, depreciation and amortization ("Net Income"), calculated quarterly on a trailing twelve-month basis. For the first three quarterly computations during the term of this Note, Annual Cash Flow shall be computed as follows: For the first quarterly computation following the date of this Note, Net Income for the first calendar quarter following the date of this Note (the "First

Examples of Annual Cash Flow in a sentence

  • Provide recommendations to the council regarding employment and removal of city staff.• Cooperate with professional staff.

  • Borrowers must provide an Annual Cash Flow Analysis Report that demonstrates the calculation and accrual of applicable surplus cash funds.

  • Cash Flow, Interest and Equivalence: Cash Flow – Diagrams, Categories & Computation, Time Value of Money, Debt repayment, Nominal & Effective Interest.4. Cash Flow & Rate Of Return Analysis – Calculations, Treatment of Salvage Value, Annual Cash Flow Analysis, Analysis Periods; Internal Rate Of Return, Calculating Rate of Return, Incremental Analysis; Best Alternative Choosing An Analysis Method, Future Worth Analysis, Benefit-Cost Ratio Analysis, Sensitivity And Breakeven Analysis.

  • The Annual Cash Flow Cap does not apply to payments of interest, if any, to AICF and is consistent with contractual obligations of the Performing Subsidiary and the Company under the AFFA.

  • The Annual Cash Flow Cap does not apply to payments of interest, if any, to AICF and is consistent with contractual obligations of James Hardie 117 Pty Ltd (the “Performing Subsidiary”) and the Company under the AFFA.

  • The amount of these annual payments is dependent on several factors, including the Company’s free cash flow (as defined in the AFFA), actuarial estimations, actual claims paid, operating expenses of AICF and the Annual Cash Flow Cap.

  • EBITDA and Margin Annual Cash Flow from Operations Quarterly Adj.

  • The Payout Multiplier is a number between zero (0) and two (2), and is determined based on an equal weighting of three Corporate Performance Measures: Relative Total Shareholder Return, Annual Cash Flow Per Share and Relative Cost Structure.

  • The amounts of these annual payments are dependent on several factors, including the Company’s free cash flow (as defined in the AFFA), actuarial estimations, actual claims paid, operating expenses of the AICF and the Annual Cash Flow Cap.

  • Annual Cash Flow Cap In each financial year, the Annual Payment is limited such that the Annual Payment cannot exceed the Annual Cash Flow Cap for that year.


More Definitions of Annual Cash Flow

Annual Cash Flow means, for any calendar year, an amount equal to the Consolidated Cash Flow for such calendar year and as appropriately adjusted by the Administrator in its reasonable discretion for any acquisitions and divestitures occurring after the Effective Date.
Annual Cash Flow means all cash receipts ("Cash Receipts") of Borrower less all cash expenses ("Cash Expenses") of Borrower during a 12-month period. Cash Expenses shall not include any payments to members of Borrower, including payments to any persons related to such members or to entities controlled or owned by Borrower, except for payments pursuant to a management contract approved by Lender or other disbursements approved by Lender. Annual Cash Flow shall be measured for each consecutive 12-month period ("Cash Flow Year") during the term of the Loan. The first Cash Flow Year shall commence on the first day of the first full month of the Lease, as defined in Paragraph 6.26, and shall end on the last day of the first full 12 months of the Lease. Borrower shall deliver to Lender an annual statement (the "Annual Cash Flow Report") within 45 days of the end of each Cash Flow Year in form and substance satisfactory to Lender containing a summary in the form of Exhibit B setting forth Cash Receipts, Cash Expenditures and Annual Cash Flow during such year. The first One Hundred Thousand and 00/100 Dollars ($100,000.00) of Annual Cash Flow may be disbursed by Borrower without restriction 15 days after Borrower has delivered the Annual Cash Flow Report to Lender ("Cash Flow Disbursement Date"), provided Lender has not delivered written objection to the Annual Cash Flow Report to Borrower prior to the Cash Flow Disbursement Date. If Lender delivers such objections to Borrower, Borrower shall revise the Annual Cash Flow Report as reasonably requested by Lender within 10 days of the receipt of such objection and such revised Report shall be deemed to be the Annual Cash Flow Report. Annual Cash Flow in excess of One Hundred Thousand and 00/100 Dollars ($100,000.00) shall be disbursed in the following order:
Annual Cash Flow means the total cash receipts (excluding Capital Contributions and excluding Initial Cash Assets described in Section 3.1(e)) of the Company and its Subsidiaries on a consolidated basis (the "Consolidated Company"), plus any other funds (including amounts designated as reserves by the Manager, where and to the extent they no longer regard such reserves as reasonably necessary to the efficient conduct and responsible expansion of the Consolidated Company’s business) less (a) any operating expenses of the Consolidated Company but excluding any expense not involving a cash expenditure, such as amounts charged for depreciation; (b) all payments of principal and interest on account of any loans secured by property of the Consolidated Company or any other obligations or loans of the Consolidated Company; and (c) reserves for working capital and anticipated expenditures in such amounts as may be determined from time to time by the Manager. Annual Cash Flow shall be determined separately for each fiscal year of the Company. APPENDIX A
Annual Cash Flow means, with respect to any fiscal year of Lessee, the net income or loss for all activities of Lessee for the fiscal year in question, determined in accordance with generally accepted accounting principles consistently applied and adjusted as follows: there shall be added to such net income or subtracted from such loss, without duplication, the amount charged for depreciation, amortization, interest or any other deduction not involving a cash expenditure.
Annual Cash Flow. Borrower shall achieve annual cash flow as measured by (i) EBITDA plus (ii) any equity capital raised by the Borrower over and above the corresponding per annum amounts set forth in Schedule 1, Items 8B and C of this Agreement, in amounts in excess of: 2000 N/A 2002 $ 220,000 2001 N/A 2003 $ 7,780,000 2004 and $15,580,000 thereafter
Annual Cash Flow means earnings before interest, taxes, depreciation, and amortization (“EBITDA”) for each Measurement Period less: (a) payments to Creditors under this Plan other than Class 3 Unsecured Claims; (b) payments of termination premiums to the PBGC; (c) any non-cash items recognized as income; and (d) income sufficient to ensure that the Debtorsworking capital and capital expenditure reserves remain at $300,000.

Related to Annual Cash Flow

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • Net Cash Flow means, with respect to the Property for any period, the amount obtained by subtracting Operating Expenses and Capital Expenditures for such period from Gross Income from Operations for such period.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Annualized Operating Cash Flow means, for any fiscal quarter, the Operating Cash Flow for such fiscal quarter multiplied by four.

  • Excess Cash Flow means, for any period, an amount equal to:

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Cash Flow mean net income after taxes, and exclusive of extraordinary gains and income, plus depreciation and amortization.

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Excess Cash Flow Period means each fiscal year of the Borrower, commencing with the fiscal year of the Borrower ending on December 31, 2016.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of:

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Available Cash Flow means an amount, with respect to each Fiscal Year or portion thereof during the Term, equal to the excess, if any, of the Operating Profit over the Owner’s Priority.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash, cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case, held or owned by (whether directly or indirectly), credited to the account of, or otherwise reflected as an asset on the balance sheet of, the Parent MLP and its Consolidated Subsidiaries.

  • Cumulative Excess Cash Flow means the sum of Excess Cash Flow (but not less than zero in any period) for the fiscal year ending on December 31, 2013 and Excess Cash Flow for each succeeding completed fiscal year.

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • EBITDA means earnings before interest, taxes, depreciation and amortization.

  • Consolidated Capital Expenditures means, with reference to any period, the Capital Expenditures of the Borrower and its Subsidiaries calculated on a consolidated basis for such period.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period: