Cash Flow Notes definition

Cash Flow Notes means Indebtedness of Swissco which is: (a) owed to any Foreign Subsidiary; (b) (i) existing on the Effective Date and set forth on Schedule 7.01 or (ii) incurred after the Effective Date for the purpose of advancing cash from such Foreign Subsidiary to GrafTech, Global, the Borrower, Swissco or a domestic Wholly Owned Subsidiary (and in an amount equal to the amount of cash so advanced through the creation of such Indebtedness); (c) subordinated to the payment in full of all obligations of Swissco in respect of the Swissco Note and its Guarantee of the Obligations (except to the extent prohibited by applicable law); (d) to the extent held by a Guarantor, pledged under a Pledge Agreement of such Guarantor to secure the Obligations; and (e) limited in recourse to the assets of Swissco other than the Capital Stock of the Subsidiaries owned by Swissco (except to the extent prohibited by applicable law).
Sample 1
Cash Flow Notes means Indebtedness of Swissco which is: (a) owed to any Foreign Subsidiary; (b) (i) existing on the Effective Date and set forth on Schedule 7.01 or (ii) incurred after the Effective Date for the purpose of advancing cash from such Foreign Subsidiary to GrafTech, Global, Finance, Swissco or a domestic Wholly Owned Subsidiary (and in an amount equal to the amount of cash so advanced through the creation of such Indebtedness) as part of GrafTech’s cash management arrangements; (c) subordinated to the payment in full of all obligations of Swissco in respect of the Swissco Obligations (except to the extent prohibited by applicable law) (it being understood that any Cash Flow Note outstanding on the Effective Date shall be deemed to be in compliance with this clause (c) during the 30 day period following the Effective Date notwithstanding that the subordination agreement in respect thereof shall not yet have been amended to reflect the amendment to this clause (c) effected as of the Effective Date); (d) to the extent held by a Guarantor, pledged under a Pledge Agreement of such Guarantor to secure the Obligations; and (e) limited in recourse to the assets of Swissco other than the Capital Stock of the Subsidiaries owned by Swissco (except to the extent prohibited by applicable law).
Sample 1
Cash Flow Notes has the meaning set forth in Section 1.2(b).
Sample 1

Examples of Cash Flow Notes in a sentence

  • No default has occurred and is continuing under any of the Foothill Loan Documents or the indenture governing the Unsecured Cash Flow Notes.

  • The Obligee shall have received copies, certified as true and correct by a Responsible Officer, of (i) the indenture relating to the Unsecured Cash Flow Notes and the Foothill Loan Documents, each as amended through the Issuance Date, and (ii) the Business Plan and the Beige Book.

  • The Lender shall have received copies, certified as true and correct by a Responsible Officer, of (i) the indenture relating to the Unsecured Cash Flow Notes and the Foothill Loan Documents, each as amended through the Issuance Date, and (ii) the Business Plan and the Beige Book.

  • The Company will not Incur any material liabilities or obligations other than its obligations pursuant to the Securities, the Credit Agreement, the Cash Flow Notes and other Indebtedness as permitted under this Indenture and pursuant to business activities permitted by this Section and entered into in the ordinary course.

  • Cash Flow Notes: (1) LTM Capital Expenditures does not include $35 million of fleet investment financed by capital leases.

  • In determining the pre-tax net income of the Surviving Corporation for purposes of paragraph 3 of the Cash Flow Notes, there shall be an allocation of shared overhead items between the Surviving Corporation and Parent as provided in the attached Exhibit E.

  • Liquidity and Cash Flow Notes: Amounts above may not add due to rounding.

  • UCAR, Global and the Borrower shall use their best efforts, consistent with optimizing their tax position, to minimize the aggregate principal amount of Cash Flow Notes outstanding at any time.


More Definitions of Cash Flow Notes

Cash Flow Notes means Indebtedness of Luxembourg Holdco or Swissco, in either case which shall have been: (a) owed to any Foreign Subsidiary; (b) (i) existing on the Restatement Effective Date and set forth on Schedule 6.01 or (ii) incurred after the Restatement Effective Date for the purpose of advancing cash from such Foreign Subsidiary to GrafTech, Finance, a CFC Guarantor or a domestic Wholly Owned Subsidiary (and in an amount equal to the amount of cash so advanced through the creation of such Indebtedness) as part of GrafTech’s cash management arrangements; (c) subordinated to the payment in full of all obligations of (A) Luxembourg Holdco in respect of the Obligations of Luxembourg Holdco or (B) Swissco in respect of the Swissco Obligations, in each case except to the extent prohibited by applicable law; (d) to the extent held by (i) a Guarantor, pledged under a Pledge Agreement of such Guarantor to secure the Obligations or (ii) a CFC Guarantor, pledged under a Pledge Agreement of such CFC Guarantor to secure the Obligations of each Foreign Subsidiary that is a CFC; and (e) limited in recourse to the assets of (1) Luxembourg Holdco other than the Capital Stock of the Subsidiaries owned by Luxembourg Holdco or (2) Swissco other than the Capital Stock of the Subsidiaries owned by Swissco, in each case except to the extent unenforceable or prohibited by applicable law.
Sample 1
Cash Flow Notes means the intercompany nxxxx xxdx xx xr in favor of various subsidiaries of UCAR International payable to or by the Company, which facilitate the transfer of cash from or to such subsidiaries.
Sample 1
Cash Flow Notes means Indebtedness of Luxembourg Holdco or Swissco, in either case which shall have been: (a) owed to any Foreign Subsidiary; (b) (i) existing on the Restatement Effective Date and set forth on Schedule 6.01 or (ii) incurred after the Restatement Effective Date for the purpose of advancing cash from such Foreign Subsidiary to GrafTech, Finance, a CFC Guarantor or a domestic Wholly Owned Subsidiary (and in an amount equal to the amount of cash so advanced through the creation of such Indebtedness) as part of GrafTech’s cash management arrangements; [[NYCORP:3461068v7:3124W: 04/23/2014--12:33 AM]]
Sample 1
Cash Flow Notes means Indebtedness of Luxembourg Holdco or Swissco, in either case which is: (a) owed to any Foreign Subsidiary; (b) (i) existing on the Effective Date (in the case of Swissco) or the Restatement Effective Date (in the case of Luxembourg Holdco) and set forth on Schedule 6.01 or (ii) incurred after the Effective Date for the purpose of advancing cash from such Foreign Subsidiary to GrafTech, Finance, a CFC Guarantor or a domestic Wholly Owned Subsidiary (and in an amount equal to the amount of cash so advanced through the creation of such Indebtedness) as part of GrafTech’s cash management arrangements; (c) subordinated to the payment in full of all obligations of (A) Luxembourg Holdco in respect of the Obligations of Luxembourg Holdco or (B) Swissco in respect of the Swissco Obligations, in each case except to the extent prohibited by applicable law; (d) to the extent held by (i) a Guarantor, pledged under a Pledge Agreement of such Guarantor to secure the Obligations or (ii) a CFC Guarantor, pledged under a Pledge Agreement of such CFC Guarantor to secure the Obligations of each Foreign Subsidiary that is a CFC; and (e) limited in recourse to the assets of (1) Luxembourg Holdco other than the Capital Stock of the Subsidiaries owned by Luxembourg Holdco or (2) Swissco other than the Capital Stock of the Subsidiaries owned by Swissco, in each case except to the extent unenforceable or prohibited by applicable law.
Sample 1
Cash Flow Notes means Indebtedness of UCAR S.A. (a) owed to any Foreign Subsidiary; (b) incurred under Section III.1 of Schedule 10.15 or incurred thereafter for the purpose of advancing cash from such Foreign Subsidiary to UCAR, Global, the Borrower or another Wholly Owned Domestic Subsidiary; (c) subordinated to the payment in full of all obligations of UCAR S.A. in respect of its Intercompany Loans; and (d) limited in recourse to the assets of UCAR S.A. other than the Capital Stock of the Subsidiaries owned by UCAR S.A.
Sample 1

Related to Cash Flow Notes

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Debt to Cash Flow Ratio means, with respect to any Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, less cash and Cash Equivalents, to (b) the Consolidated Cash Flow of such Person for the four most recent full fiscal quarters ending immediately prior to such date for which internal financial statements are available. For purposes of making the computation referred to above:

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

  • 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.

  • 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).

  • 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.

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated First Lien Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters of the Borrower most recently ended.

  • Cash Interest Coverage Ratio With respect to any Loan for any Relevant Test Period, either (a) the meaning of “Cash Interest Coverage Ratio” or comparable definition set forth in the Underlying Instruments for such Loan, or (b) in the case of any Loan with respect to which the related Underlying Instruments do not include a definition of “Cash Interest Coverage Ratio” or comparable definition, the ratio of (i) EBITDA to (ii) Cash Interest Expense of such Obligor with respect to the applicable Relevant Test Period, as calculated by the Borrower and Collateral Manager in good faith.

  • Excess Cash Flow Interim Period means, (x) during any Excess Cash Flow Period, any one, two, or three-quarter period (a) commencing on the later of (i) the end of the immediately preceding Excess Cash Flow Period and (ii) if applicable, the end of any prior Excess Cash Flow Interim Period occurring during the same Excess Cash Flow Period and (b) ending on the last day of the most recently ended fiscal quarter (other than the last day of the fiscal year) during such Excess Cash Flow Period for which financial statements are available and (y) during the period from the Closing Date until the beginning of the first Excess Cash Flow Period, any period commencing on the Closing Date and ending on the last day of the most recently ended fiscal quarter for which financial statements are available.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • 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.

  • Principal Debt means, at any time, the unpaid principal balance of all Borrowings.

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

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

  • Net Loss Proceeds means the aggregate cash proceeds received by the Company or any of its Restricted Subsidiaries in respect of any Event of Loss, including, without limitation, insurance proceeds, condemnation awards or damages awarded by any judgment, net of:

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

  • Total Consolidated Indebtedness means, as of any date of determination, an amount equal to the aggregate amount of all Indebtedness of the Company and its Restricted Subsidiaries, determined on a Consolidated basis in accordance with GAAP, outstanding as of such date of determination, after giving effect to any Incurrence of Indebtedness and the application of the proceeds therefrom giving rise to such determination.

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

  • Consolidated First Lien Indebtedness means Consolidated Indebtedness that is secured by a first priority Lien (other than Permitted Liens) on assets of any Borrower or Restricted Subsidiary.

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

  • Consolidated First Lien Secured Debt means Consolidated Total Debt as of such date that is not Subordinated Indebtedness and is secured by a Lien on all of the Collateral that ranks on an equal priority basis (but without regard to the control of remedies) with Liens on all of the Collateral securing the Obligations.

  • Consolidated First Lien Debt means, as to any Person at any date of determination, the aggregate principal amount of Consolidated Total Debt outstanding on such date that is secured by a first priority Lien on any asset or property of such Person or its Restricted Subsidiaries that constitutes Collateral.

  • First Lien Leverage Ratio means, on any date, the ratio of (a) Consolidated First Lien Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.