Cumulative Cash Flow means, at any time, the aggregate cash flow of an issuer up to that time from a date no earlier than the issuer's financial year end immediately preceding the date of its IPO, net of any negative cash flow;
Cumulative Cash Flow means, for the period beginning on January 1, 2004 and ending on the applicable measurement date, (a)(i) EBITDA of the Borrower and its Restricted Subsidiaries plus (ii) cumulative cash equity contributions made by Holdings or Parent to the Borrower and its Restricted Subsidiaries plus (iii) cumulative cash interest income of the Borrower and its Restricted Subsidiaries plus (iv) borrowings, other than under this Agreement, that are permitted under Section 8.1 (Indebtedness) plus (v) Net Cash Proceeds received by the Borrower and its Restricted Subsidiaries from Asset Sales plus (vi) cash dividends paid to the Borrower and its Restricted Subsidiaries by any of the Unrestricted Subsidiaries plus (vii) the amount of available unrestricted, non-operating cash-on-hand of the Borrower equal to $400,000,000 minus (b)(i) Cash Interest Expense of the Borrower and its Restricted Subsidiaries, (ii) cash dividends or distributions paid by the Borrower and its Restricted Subsidiaries (other than to the Borrower or another Restricted Subsidiary), (iii) cash taxes paid by the Borrower and its Restricted Subsidiaries, (iv) Capital Expenditures made by the Borrower and the Restricted CREDIT AGREEMENT THE PREMCOR REFINING GROUP INC. Subsidiaries in cash, (v) cash payments by the Borrower and its Restricted Subsidiaries of principal (other than the Obligations) on Indebtedness, (vi) Investments made by the Borrower and its Restricted Subsidiaries pursuant to Sections 8.3(e)(iii), (h), (i), (j) and (k) (Investments), (vii) cash payments made by the Borrower and its Restricted Subsidiaries with respect to any long-term non-cash accruals (including any environmental, legal, severance and restructuring non-cash accruals) which were expensed by the Borrower and its Restricted Subsidiaries prior to the Closing Date and (viii) cash payments made by the Borrower and its Restricted Subsidiaries with respect to any non-cash accruals which were added-back in the calculation of EBITDA for such period, in each case on a cumulative basis during such period and determined on a Consolidated basis.
Cumulative Cash Flow is defined in Section 5.11 of this Agreement.
Examples of Cumulative Cash Flow in a sentence
A number of regulatory metrics are monitored including Liquidity Coverage Ratio, Net Cumulative Cash Flow, and Net Stable Funding Ratio.
It is further supplemented by a tool known as the Net Cumulative Cash Flow (“NCCF”) metric.
The implementation of Basel III strengthens international minimum liquidity requirements through the application of a liquidity coverage ratio (LCR), a net stable funding ratio (NSFR) and the use of Net Cumulative Cash Flow (NCCF).
Cumulative Cash Flow is the sum of current and prior year Cash FlowLower RiskA positive cumulative 2-year cash flow and positive cash flow in the most recent year.Moderate RiskA positive cumulative 2-year cash flowHigh RiskDoes not have a positive cumulative 2-year cash flow and had negative cash flow in the most recent year.
The Qualified Entity will be required to submit monthly reports regarding its Cumulative Cash Flow Deficit and its compliance with the requirements of Section 148 of the Code.
More Definitions of Cumulative Cash Flow
Cumulative Cash Flow shall be determined as follows:
Cumulative Cash Flow means "net cash flow from operations" (as such term is construed in accordance with GAAP and as such term is included in the Projections) of the Loan Party Consolidated Group plus (a) advances made to any Loan Party by WHX and (b) increases in the aggregate "Trust Invested Amount" (under and as defined in the Securitization Documents) (in each case, to the extent that such amounts have not been included in the calculation of "net cash flow from operations") minus (a) "net cash flow from investing activities" (as such term is construed in accordance with GAAP and as such term is included in the Projections) of the Loan Party Consolidated Group, (b) payments made by any Loan Party to WHX in respect of Keepwell Payments or otherwise, (c) reductions in the aggregate "Trust Invested Amount" (under and as defined in the Securitization Documents) and (d) repayments of the principal amount of any Debt of the Loan Party Consolidated Group other than Debt under the Loan Documents (in each case, to the extent that such amounts have not been included in the calculation of "net cash flow from operations").
Cumulative Cash Flow means, with respect to any Performance Period, Cumulative EBIT for such Performance Period as defined in paragraph 1(c)(i) above with the following additions and deductions: (a) add an amount equal to the cumulative charges for depreciation and amortization of the Combined Divisions for such Performance Period, (b) add an amount equal to the cumulative decreases in working capital of the Combined Divisions in such Performance Period, (c) deduct an amount equal to the cumulative capital expenditures (including cash rationalization costs, net of any cash tax benefits) of the Combined Divisions for such Performance Period, and (d) deduct an amount equal to the cumulative increases in working capital of the Combined Divisions in such Performance Period, all as determined in accordance with generally accepted accounting principles and as included in the audited financial statements of the Company and its consolidated subsidiaries for such Performance Period.
Cumulative Cash Flow means, at any time the aggregate Cash Flow of the Corporation up to that time from a date no earlier than June 1, 1993, net of any negative Cash Flow.
Cumulative Cash Flow means, for any calendar year, the sum of the Annual Cash Flow for each calendar year prior to and including such calendar year, commencing with 2007.
Cumulative Cash Flow as of a given date shall mean the total Cash Flow from and after April 1, 20_____ through such date. In determining whether Cash Flow targets have been met, the Administrator shall take into account any large, unusual non-recurring capital expenditures approved by the Board of Directors.
Cumulative Cash Flow means, at any time, the aggregate cash flow of the Issuer up to that time from a date no earlier than the Issuer's financial year end immediately preceding the Acceptance Date, net of any negative cash flow;