Facility Cash Flow definition

Facility Cash Flow has the meaning set forth in §15.7.1.
Sample 1Sample 2Sample 3
Facility Cash Flow means the net income of Tenant arising from the Facility as reflected on the Facility Financial Statement plus [i] the amount of the provision for depreciation and amortization; plus [ii] the amount of the provision for management fees; plus [iii] the amount of the provision for income taxes; plus [iv] the amount of the provision for Base Rent payments and interest and equipment lease payments, if any relating to the Facility; minus [v] an imputed management fee equal to 5% of gross revenues (net of contractual allowances); and minus [vi] an imputed replacement reserve of $300 per licensed unit at the Facility, per year.
Sample 1Sample 2
Facility Cash Flow means for purposes of the calculation of the Cash Flow Payments, the sum (without duplication) of the following amounts, all as reflected on the C:\Documents and Settings\LVB\Local Settings\Temporary Internet Files\OLK38F\Xxxx AGREEMENT 9 30 04 v31.doc - - statement of income included in the Facility Financial Statement for the applicable calculation period: (i) the net income of the Facilities then owned or leased by Emeritus for the applicable calculation period as reflected on the statement of income included in the Facility Financial Statement and as determined in accordance with GAAP (with the exception of the method of accounting for move in fees) less (ii) an assumed management fee equal to five percent (5%) of the gross revenues of the Facilities then owned or leased by Emeritus during the applicable calculation period and less (iii) the actual amounts expended by Emeritus for capital improvements to the Facilities during the applicable calculation period and less (iv) Insurance Payments made in the applicable calculation period and less (v) the amount of any Cash Flow Payment made by Xxxx to Emeritus plus (vi) the amount of management fees reflected on the Facility Financial Statement for the applicable calculation period and plus (vii) the amount of any Cash Flow Payment made by Emeritus during the applicable calculation period and plus (viii) the amount of depreciation and amortization reflected on the Facility Financial Statement for the applicable calculation period and plus (ix) the expense accruals for (A) the premiums for general and professional liability, property, workers compensation, and any other insurance maintained with respect to the Facility, (B) estimated claims payments and (C) SIR and plus (x) Insurance Refunds received by Emeritus during the applicable calculation period.
Sample 1

Examples of Facility Cash Flow in a sentence

  • Facility Cash Flow Available for Debt Service attributable to such Health Care Facility to (b) interest expense plus current maturities of long‑term Indebtedness plus rental expense, in each case to the extent attributable to such Health Care Facility and determined for such period and in accordance with GAAP.

  • If the Corporation’s Credit Facility Cash Flow for the twelve (12) months ended June 30, 2008 is less than $45,000,000, the Applicable Conversion Value shall be $10.(e) Upon Reclassification of Common Stock.

  • For the purpose of determining compliance with Section 9.1, there shall be taken into account only the Facility Cash Flow relating to Borrowing Base Properties owned by a Borrower or a Guarantor which is a Wholly Owned Subsidiary on the last day of the fiscal quarter as of which such determination is being made.

  • Below is detailed information concerning Iowa State University admission policies and procedures.

  • The MIAMI 785823 (2K) condition that the Company achieves $45 million of Credit Facility Cash Flow, which is the triggering event, had not occurred as of December 31, 2007 or March 31, 2008.

  • Overtime and additional hours shall be divided and rotated as equally as possible according to seniority within the classification (see Schedule A) and among those employees who regularly perform such work, provided they are qualified to perform such work.

  • Subject to the limitations imposed --------- by the Facility, Cash Flow for each taxable year of the Company shall be distributed to the Interest Holders in proportion to their Percentages no later than seventy-five (75) days after the end of the taxable year.

  • As used herein, the term "FACILITY CASH FLOW LEVERAGE RATIO" as of any date shall mean the ratio of (i) Total Debt as of such date to (ii) the product of (A) the Facility Cash Flow for the three month period then ending multiplied by (B) 4.

  • Board consensus was to move forward with Recycled Water Facility Cash Flow Reserve as presented with $8M.

  • Borrower shall demonstrate to the satisfaction of Agent that, assuming the requested Additional Portion Advance had been disbursed on the last day of the second month prior to the month in which the applicable Funding Date is to occur, the Facility Cash Flow Leverage Ratio as of such last day would not exceed 3.5.


More Definitions of Facility Cash Flow

Facility Cash Flow means the net income of Tenant or Subtenant arising from its respective Facility as reflected on the Facility Financial Statement plus [i] the amount of the provision for depreciation and amortization; [ii] the amount of the provision for management fees; plus [iii] the amount of the provision for income taxes; plus [iv] the amount of the provision for Rent payments allocated to the respective Facility and interest and lease payments, if any, relating to the respective Facility; minus [v] an imputed management fee equal to 5% of gross revenues of the respective Facility (net of contractual allowances); and minus [vi] an imputed replacement reserve of $300 per licensed bed at the respective Facility, per year.
Sample 1
Facility Cash Flow means, for purposes of the calculation of Cash Flow Rent, the sum of (i) the net income of the Facility for the applicable calculation period as reflected on the statement of income included in the Facility Financial Statement and as determined in accordance with GAAP (with the exception of the method of accounting for move in fees) less (ii) an assumed management fee equal to five percent (5%) of the Facility’s gross revenues during the applicable calculation period and less (iii) $250 per unit per year as a capital expenditure reserve and less (iv) Insurance Payments made in the applicable calculation period and less (v) the Equity Return Rent plus (vi) the amount of management fees reflected on the Facility Financial Statement for the applicable calculation period and plus (vii) the Cash Flow Rent paid by Tenant during the applicable calculation period and plus (viii) the amount of depreciation and amortization reflected on the Facility Financial Statement for the applicable calculation period and plus (ix) the general and professional liability insurance premium and SIR expense accruals reflected on the Facility Financial Statement for the applicable calculation period . 3360\019:05/27/04 --LEASE 7 TBARKE\COLUMBIA PACIFIC XXX\XXXXX XXXXXXX
Sample 1
Facility Cash Flow means, for purposes of the calculation of Cash Flow Rent, the sum of (i) the net income of the Facility for the applicable calculation period as reflected on the statement of income included in the Facility Financial Statement and as determined in accordance with GAAP (with the exception of the method of accounting for move in fees) less (ii) an assumed management fee equal to five percent (5%) of the Facility's gross revenues during the applicable calculation period and less (iii) $250 per unit per year as a capital expenditure reserve and less (iv) Insurance Payments made in the applicable calculation period plus (v) the amount of management fees reflected on the Facility Financial Statement for the applicable calculation period and plus (vi) the Cash Flow Rent paid by Tenant during the applicable calculation period and plus (vii) the amount of depreciation and amortization reflected on the Facility Financial Statement for the applicable calculation period and plus (viii) the general and professional liability insurance premium and SIR expense accruals reflected on the Facility Financial Statement for the applicable calculation period.
Sample 1
Facility Cash Flow means the net income of Tenant arising from the Facility as reflected on the Facility Financial Statement plus [i] the amount of the provision for depreciation and amortization; plus [ii] the amount of the provision for management fees; plus [iii] the amount of the provision for income taxes; plus [iv] the amount of the provision for Base Rent payments and interest and equipment lease payments, if any; minus [v] an imputed management fee equal to 5% of gross revenues (net of contractual allowances); and minus [vi] an imputed replacement reserve of $250 per licensed unit at the Facility, per year. (b) "Facility Coverage Ratio" is the ratio of [i] Facility Cash Flow for each applicable period; to [ii] the Base Rent payments and all debt service and equipment lease payments relating for the applicable period. 15.7.2
Sample 1
Facility Cash Flow for any three-month period, the remainder of (i) the sum of (A) the Operating Cash Flow of Borrower and its Subsidiaries for such period plus (B) the Acquisition Operating Cash Flow Adjustment for such period plus (C) the Facility Cash Flow Adjustment for such period, minus (ii) the Operating Cash Flow of Borrower and its Subsidiaries derived from the operation of any Central Station Business(es) acquired by Borrower during such period or during the immediately preceding three-month period
Sample 1

Related to Facility Cash Flow

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • 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.

  • 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.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • 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 Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Consolidated First Lien Net Debt means Consolidated Total Net Debt minus the sum of (i) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is not secured by any Lien on the Collateral and (ii) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is secured by Liens on the Collateral, which Liens are expressly subordinated or junior to the Liens securing the Obligations.

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

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Consolidated Excess Cash Flow means, for any period for the Consolidated Group, (a) net cash provided by operating activities for such period as reported on the audited GAAP cash flow statement delivered under Section 7.01(a) minus (b) the sum of, in each case to the extent not otherwise reducing net cash provided by operating activities in such period, without duplication, (i) scheduled principal payments and payments of interest in each case made in cash on Consolidated Total Funded Debt during such period (including for purposes hereof, sinking fund payments, payments in respect of the principal components under capital leases and the like relating thereto), in each case other than in connection with a refinancing thereof, (ii) Consolidated Capital Expenditures made in cash during such period that are not financed with the proceeds of Indebtedness, an issuance of Capital Stock or from a reinvestment of Net Cash Proceeds referred to in Section 2.06(b)(ii), (iii) optional prepayments of Funded Debt during such period (other than prepayments of Revolving Loans owing under this Credit Agreement (unless, in the case of a prepayment of Revolving Loans, there is a simultaneous reduction in the Aggregate Revolving Commitments in the amount of such prepayment pursuant to Section 2.07) and other such optional prepayments made with the proceeds of other Indebtedness), (iv) to the extent not financed with the incurrence or assumption of Indebtedness or proceeds from an issuance of Capital Stock, Subject Dispositions, Specified Dispositions or Involuntary Dispositions, cash sums expended for Investments pursuant to Sections 8.02(c), (i), (j), (k) (other than with respect to any amount expended on such Investments through the use of the Cumulative Credit) or (v) during such period, (v) without duplication of amounts deducted from Consolidated Excess Cash Flow in prior periods, the aggregate consideration required to be paid in cash by the Borrower or any Subsidiary pursuant to binding contracts (the “Contract Consideration”) entered into prior to or during such period relating to Consolidated Capital Expenditures to be consummated or made during the three months following the end of such period, provided that to the extent the aggregate amount of internally generated cash actually utilized to finance such Consolidated Capital Expenditures during such three months is less than the Contract Consideration, the amount of such shortfall shall be added to Consolidated Excess Cash Flow for the period following such period and (vi) to the extent such amounts increased net cash provided by operating activities in such period, funds collected by the Borrower or any of its Subsidiaries on behalf of clients of the Borrower or any of its Subsidiaries representing the face amount of tickets sold plus (c) to the extent such amounts decreased net cash provided by operating activities in such period, funds remitted by the Borrower or any of its Subsidiaries to clients of the Borrower or any of its Subsidiaries representing the face amount of tickets sold.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.

  • Net Working Capital Target means $0.00.

  • 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.

  • 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).