Gross Cash Flow means, for any period, the aggregate sum, for the Company and its Restricted Subsidiaries, of (i) cash receipts of any kind or character (but excluding (A) distributions, if any, from CMSLP, and (B) cash flows in respect of Match Funded Assets), and (ii) without duplication, accruals on assets held (other than Match Funded Assets), as long as payment on such accruals is not delinquent by more than 45 days from scheduled receipt.
Gross Cash Flow means, for any period, an amount equal to the sum of (i) Net Income, plus (ii) to the extent deducted in determining Net Income, (A) interest expense, (B) income tax expense, (C) depreciation and amortization, and (D) all other non-cash charges determined in accordance with GAAP, plus (iii) cash contributions by owners, less (iv) distributions to owners. “Net Income” means, for any period, the net income (or loss) for such period in accordance with GAAP, but excluding therefrom (to the extent otherwise included therein) (i) any extraordinary gains or losses, and (ii) any gains attributable to write-ups of assets. “Debt Service” means, for any period, all annual debt service, including principal and interest payments, due on all debt obligations during the applicable period.
Gross Cash Flow has the meaning set forth in Section 5.18(b).
Examples of Gross Cash Flow in a sentence
Gross Cash Flow from Operating Activities (2,524,814) (6,669,860) 6.
It has—in my opinion—a!ieved most of the specified goals, but not all.— It is quite small, consisting of fewer than one thousand lines of TEX code plus documentation.
Gross Cash Flow from OperationsGross cash flow from operations increased by 55.8% to€ 3.4 billion for 2011, primarily due to the improvement of profitability before depreciation and provisioning.Changes in Other Operating Assets and LiabilitiesChanges in other operating assets and liabilities is comprised of inventory, trade receivables, other assets and prepaid expenses netted against trade liabilities, other liabilities (including customer advances), deferred income and customer financing.
Financial KPI Bristow Value Added (“BVA”) is a financial performance measure customized for the Company to measure Gross Cash Flow (after tax operating cash flow) less a charge for the capital employed which is calculated by multiplying Gross Operating Assets by the Required Return.
Gross Cash Flow (sum of net income, depreciation, amortization, net deferred income taxes and investment tax credits, less total AFUDC) plus interest charges, divided by interest charges.
More Definitions of Gross Cash Flow
Gross Cash Flow means, for any period, the sum, for the Company and its Subsidiaries (determined on a consolidated basis without duplication in accordance with GAAP, and adjusted on a pro form basis as if the Company had acquired LCS and its Subsidiaries on October 1, 1998), of the following:
Gross Cash Flow means Net Profit after Tax plus depreciation, amortization and noncash extraordinary losses, minus extraordinary gains. Long Term shall mean beyond the on-going twelve month period. Long Term Debt shall mean payment obligations of indebtedness which mature more than twelve months from the date of determination, or mature within twelve months from such date but are renewable or extendible at the option of the debtor to a date more than twelve months from the date of determination. ATTACHMENT A TO AMENDED AND RESTATED TERM AND REVOLVING CREDIT AGREEMENT
Gross Cash Flow. (defined as revenues of the Borrower less customary and traditional expenses of the Borrower pursuant to Generally Accepted Accounting Principles less a Forty Percent (40.00%) provision made for income taxes, less a provision for dividend payments made to preferred shareholders of the Borrower in the annual aggregate amount of Fifty Seven Thousand Six Hundred Dollars ($57,600), the total of which is then multiplied by.50). Principal on this note shall bear interest from the date hereof until the date of its payment at the stated interest rate. Notwithstanding the above, in any event, Borrower shall pay the then outstanding principal balance of this note together with all accrued and unpaid interest on the earlier of (i) December 31, 2009, or (ii) the acceleration of this note pursuant to certain acceleration events (the "ACCELERATION EVENTS").
Gross Cash Flow means the aggregate amount of all net income plus depreciation, amortization and all other non-cash expenses generated by the Project during a certain period.
Gross Cash Flow for any period means Net Income plus depreciation, plus amortization of Intangible Assets, plus amortization of Deferred Loan Costs, plus amortization of Organizational Costs, each as calculated for such period.
Gross Cash Flow as calculated at the end of this month for the three (3)-month period consisting of this month plus the two preceding months, is: Month: __________ __________ __________ Gross Cash Flow: (See Item 4, above): $ ________ $ ________ $ ________ Total Gross Cash Flow: (Sum of Gross Cash Flow for 3 months): $ _________ Average Gross Cash Flow: (Total Gross Cash Flow divided by 3): $ _________ Requirement of Loan Agreement. Not less than: From October 31, 1996 through December 30, 1996: $ (50,000) From December 31, 1996 through March 30, 1997: $(50,000) From March 31, 1997 through June 29, 1997: $ 0 From June 30, 1997 through September 29, 1997: $ 50,000 From September 30, 1997 and thereafter: $ 175,000 COVENANT SATISFIED: _____; COVENANT NOT SATISFIED: _____
Gross Cash Flow means, for any period, an amount equal to the sum of (i) Net Income, plus (ii) to the extent deducted in determining Net Income, (A) interest expense, (B) income tax expense, (C) depreciation and amortization, and (D) all other non-cash charges determined in accordance with GAAP, plus (iii) cash contributions by owners, less (iv) distributions to owners. “Net Income” means, for any period, the net income (or loss) for such period in accordance with GAAP, but excluding therefrom (to the extent otherwise included therein) (i) any extraordinary gains or losses, and (ii) any gains attributable to write-ups of assets. “Debt Service” means, for any period, all annual debt service, including principal and interest payments, due on all debt obligations during the applicable period. “Modified Debt Service” means, for any period, the annual debt service that would have been due during such period had the full Loan amount of $3,600,000.00 been amortized over three hundred sixty (360) consecutive monthly installments of principal and interest at the Interest Rate (as defined in the Note), commencing on the Closing Date. This definition is to be calculated on the twelve (12)-month trailing period ending as of the date of determination. “Modified Debt Service Coverage Ratio” means, for the applicable period, the ratio of the Gross Cash Flow of Borrower, divided by the Modified Debt Service of Borrower, certified by Borrower’s member and verified by Xxxxxx. This ratio is to be calculated on the twelve (12)-month trailing period ending as of the date of determination. Compliance with this ratio shall be verified by Xxxxxx and in the event of a material difference between Borrower’s calculation and Xxxxxx’s determination, Xxxxxx’s determination shall govern absent manifest error.