Cash Flow Available for Distribution definition

Cash Flow Available for Distribution means, with respect to the Borrower for any period, the sum of the following determined, without duplication, in accordance with GAAP: (i) EBITDA for such period less (ii) all principal and interest payments required to be paid with respect to Senior Debt during such period less (iii) all Unfinanced Capital Expenditures during such period.
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Cash Flow Available for Distribution means, with respect to the Borrower for any period, the sum of the following determined, without duplication, in accordance with GAAP: (i)
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Cash Flow Available for Distribution means, with respect to a Person for a given period, such Person's net income for such period determined in accordance with generally accepted accounting principles, except that cash dividends and other cash received from Investments in Consolidated Subsidiaries, other Subsidiaries or any other Persons shall be substituted for net income of Consolidated Subsidiaries and for equity in earnings of any such Subsidiaries or other Persons, exclusive of the following amounts (but only to the extent that any of the following amounts were taken into account when determining such net income): (a) interest expense accrued (but not paid) for such period (excluding interest accrued in respect of any "zero coupon" Indebtedness and other similar Indebtedness for which interest is not due and payable); (b) depreciation and amortization expenses for such period; (c) the return of capital component of dividends received for such period (to the extent that such component is not reflected already in net income); (d) non-recurring extraordinary income and expenses, non-recurring special charges (such as restructuring charges, non-recurring asset write-downs, and costs and charges related to asset acquisitions and dispositions), and non-recurring costs or charges related to accounting charges for such period; provided, however, to the extent that the cash component of the expenses, costs and charges referred to in this clause (d) would exceed $10,000,000 in the aggregate for such period, such excess shall not be excluded from net income; (e) capital gains and losses for such period on any disposition of Investments in any Real Estate Companies that are Strategic Investees; and (f) unrealized gains and losses.
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Examples of Cash Flow Available for Distribution in a sentence

  • Only defined Operating Expenses may be paid prior to the determination of Cash Flow Available for Distribution.

  • For so long as either OCD or the Borrower has accrued, outstanding interest due on its loan, the quarterly payment to OCD will be the lesser of (a) the accrued, outstanding interest on the Loan, or (b) OCD’s Share of the Cash Flow Available for Distribution.

  • CASH DISTRIBUTIONS TO PARTNERS In accordance with the Partnership's Amended and Restated Agreement of Limited Partnership, cash distributions to partners may be made from Cash Flow Available for Distribution, as defined.

  • Cash Flow Available for Distribution from O ption Premiums and Dividends(1) Volatility % of Porfolio Written O n10.0%15.0%20.0%23.0%30.0%Notes:(1) Net of withholding tax and expenses of the Fund (includes management fee and administrative expenses).(2) All figures as of January 22, 2015.

  • Reconciliation of Cash Flow Available for Distribution and ReinvestmentThe table below details cash receipts and payments that are not reflected on our income statement in order to provide an additional measure of management's estimate of cash flow available for distribution ("CAD").

  • The lessee is required to pay an aggregate annual rent equal to a percentage of the Cash Flow Available for Distribution (CFAD).

  • The following table calculates Cash Flow Available for Distribution and Incentive Management Fees ("Cash Flow") for the three and nine-month periods ended September 30, 1996 and 1997.

  • Only defined Operating Expenses may be paid prior to the determination of Cash Flow Available for Distribution (“Surplus Cash”).

  • Cash Flow Available for Distribution and ReinvestmentThe table below details cash receipts and payments that are not reflected on our income statement in order to provide an additional measure of management's estimate of cash available for distribution ("CAD").

  • Cash Flow Available for Distribution $2,464,424 $2,558,504 $2,653,547 $2,749,526 $2,846,413 $2,944,176 $5,697,780 $5,797,188 X.


More Definitions of Cash Flow Available for Distribution

Cash Flow Available for Distribution means, at any time, an aggregate amount, not less than zero, determined on a cumulative basis equal to the sum of, without duplication:
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Cash Flow Available for Distribution means, with respect to a Person for ------------------------------------ the four fiscal quarter period ending as of the date of determination, such Person's net income for such period determined in accordance with generally accepted accounting principles (excluding capital gains and losses for such period on any disposition of Strategic Investments in any Real Estate Companies, and to the extent included in net income, any unrealized gains and losses), except that cash dividends and other cash received from Investments in Consolidated Subsidiaries, other Subsidiaries or any other Persons shall be substituted for net income of Consolidated Subsidiaries and for equity in earnings of any such Subsidiaries or other Persons, plus the sum of the following amounts (but only to the extent that any of the following amounts were taken into account when determining such net income): (a) interest expense accrued but not paid for such period, plus (b) depreciation and amortization ---- expenses for such period, plus (c) the return of the capital component of ---- dividends received for such period (to the extent that such component is not reflected already in net income).
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Cash Flow Available for Distribution means receipts of the Company from any source, in the sole discretion of the Sole Member less any expenses related to the operations of the Company and any reasonable reserves that the Sole Member believes is necessary and appropriate.
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Cash Flow Available for Distribution for any fiscal year shall mean the -------------------------------------- Operating Cash Flow for such year less Management Fees, Home Office Allocations, Debt Service and income taxes for such year.
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Cash Flow Available for Distribution means, with respect to a Person for the four fiscal quarter period ending as of the date of determination, the sum of (a) such Person's net income for such period (exclusive of extraordinary gains and losses and any income or loss from nonrecurring activities of such Person), (b) depreciation and amortization deductions for such period (but only to the extent, in each case, that such taxes, expenses and deductions are reflected in the calculation of such Person's net income for such period), (c) interest expense accrued but not paid during such period and (d) the return of capital component of dividends received for such period (but only to the extent that such component is not reflected in the calculation of such Person's net income for such period).
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Cash Flow Available for Distribution. Fixed Charges", "Indebtedness", "Market Value", "Market Value Net Worth", "Principal Companies", "Revolving Credit Termination Date", "Strategic Investee", "Termination Date", "Total Liabilities", "Unencumbered Pool Value" and "Unsecured Liabilities" from Section 1.1. thereof in their entirety as follows:
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Related to Cash Flow Available for Distribution

  • Cash Available for Distribution means the Available Cash other than Net Sales Proceeds.

  • Cash Flow Available for Debt Service for any period, means (i) Cash Flow received during such period minus (ii) (A) all O&M Costs paid during such period and (B) if an Equity Cure has been made in any fiscal quarter during the period for which Cash Flow Available for Debt Service is calculated, the lesser of the aggregate amount of (x) such Equity Cure during such period and (y) the aggregate amount of cash distributions paid by the Company during such period.

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • 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.

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

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

  • 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.

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

  • Consolidated Income Available for Debt Service for any period means Earnings from Operations of the Company and its Subsidiaries plus amounts which have been deducted, and minus amounts which have been added, for the following (without duplication): (i) interest on Indebtedness of the Company and its Subsidiaries, (ii) provision for taxes of the Company and its Subsidiaries based on income, (iii) amortization of debt discount, (iv) provisions for gains and losses on properties and property depreciation and amortization, (v) the effect of any noncash charge resulting from a change in accounting principles in determining Earnings from Operations for such period and (vi) amortization of deferred charges.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Distributable Cash Flow means, for any Distribution Period, an amount equal to the Cash Flow for such Distribution Period, less any amount that the Board may reasonably consider to be necessary to provide for the payment of any costs or expenses, including any tax liability of Holding GP or the Fund, that have been or are reasonably expected to be incurred in the activities and operations of Holding GP or the Fund (to the extent that such costs or expenses have not otherwise been taken into account in the calculation of the Cash Flow) and less such reserves or amounts as are, in the opinion of the Board, necessary or desirable;

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.

  • Excess Cash all cash and Cash Equivalents of the Borrower and its Subsidiaries at such time determined on a consolidated basis in accordance with GAAP in excess of $25,000,000.

  • 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.

  • 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).

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

  • Consolidated Income Available for Fixed Charges means, with respect to any period, Consolidated Net Income for such period plus all amounts deducted in the computation thereof on account of (a) Fixed Charges and (b) taxes imposed on or measured by income or excess profits.

  • REMIC I Available Distribution Amount For each Loan Group for any Distribution Date, the sum of the following amounts with respect to the Mortgage Loans in such Loan Group:

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • 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.

  • Tax Distributions has the meaning set forth in Section 4.01(b)(i).

  • Available Liquidity means on any date, the sum of (i) the excess, if any, of (x) the amount of all Revolving Credit Commitments of each Lender that is not a Defaulting Lender on such date over (y) the aggregate Revolving Credit Exposure on such date plus (ii) the aggregate amount of unrestricted cash and Permitted Investments of the Company and its Restricted Subsidiaries on such date.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • REMIC II Available Distribution Amount For any Distribution Date, the amount distributed from REMIC I to REMIC II on such Distribution Date in respect of the REMIC I Regular Interests.

  • Excess Cash Flow Payment Date means the earlier of (a) the date occurring 90 days after the last day of each fiscal year of the Borrower (commencing with the fiscal year of the Borrower ending December 31, 2018) and (b) the third Business Day following the date on which financial statements with respect to such period are delivered pursuant to Section 5.01(c).