Initial Cash Flow definition

Initial Cash Flow means the Cash Flow printout annexed as Appendix 2 to this Schedule;
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Initial Cash Flow. FORECAST shall have the meaning given to that term in Section 6.1.9 (ii). INSOLVENCY PROCEEDING shall mean, with respect to any Person, (a) a case, action or proceeding with respect to such Person (i) before any court or any other Official Body under any bankruptcy, insolvency, reorganization or other similar Law now or hereafter in effect, or (ii) for the appointment of a receiver, liquidator, assignee, custodian, trustee, sequestrator, conservator (or similar official) of any Loan Party or any Subsidiary of any Loan Party or otherwise relating to the liquidation, dissolution, winding-up or relief of such Person, or (b) any general assignment for the benefit of creditors, composition, marshaling of assets for creditors, or other, similar arrangement in respect of such Person's creditors generally or any substantial portion of its creditors; undertaken under any Law. INTERCOMPANY SUBORDINATION AGREEMENT shall mean a Subordination Agreement among the Loan Parties and their Subsidiaries in the form attached hereto as EXHIBIT 1.1(I)(2). INTEREST PERIOD shall mean the period of time selected by the Borrowers in connection with (and to apply to) any election permitted hereunder by the Borrowers to have Revolving Credit Loans or Term Loans bear interest under the Euro-Rate Option. Subject to the last sentence of this definition, such period shall be, at the option of the Borrowers, one, two, three or six Months if Borrowers select the Euro-Rate Option. Such Interest Period shall commence on the effective date of such Interest Rate Option, which shall be (i) the Borrowing Date if the Borrowers are requesting new Loans, or (ii) the date of renewal of or conversion to the Euro-Rate Option if the Borrowers are renewing or converting to the Euro-Rate Option applicable to outstanding Loans. Notwithstanding the second sentence hereof: (A) any Interest Period which would otherwise end on a date which is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day, and (B) the Borrowers shall not select, convert to or renew an Interest Period for any portion of the Loans that would end after the Expiration Date. INTEREST RATE OPTION shall mean any Euro-Rate Option or Base Rate Option. INTERIM STATEMENTS shall have the meaning assigned to that term in Section 6.1.9(i). INTERNAL REVENUE CODE shall mean the Internal Revenue C...
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Initial Cash Flow means the cash flow annexed to the Financial Schedule as Annex B;
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Examples of Initial Cash Flow in a sentence

  • The Reinsurer will pay to the Company the Portfolio Yield on the Initial Cash Flow Testing Reserves as part of the Net Settlement pursuant to Section 6.2.

  • Borrower acknowledges that it is solely responsible for the contents of any such Confidential Information Memorandum, the Initial Cash Flow Forecast, the Initial Approved Budget and all other information, documentation or materials delivered to GS Lending Partners by or on behalf of Holdings and its Subsidiaries in connection therewith (collectively, the “Information”) and acknowledges that GS Lending Partners will be using and relying upon the Information without independent verification thereof.

  • APPENDIX 1 TO ANNEX 7 The Recipient's Initial Cash Flow Profile will be included here prior to the Grant Agreement being finalised.

  • The Initial Cash Flow Profile is set out at APPENDIX 1 TO ANNEX 7 (Initial Cash Flow Profile).

  • If the amounts so remitted from the Low Debt Yield Reserve Account exceed the Preferred Equity Distribution Amount, and so long as an Initial Cash Flow Reserve Period, Trigger Period, Mezzanine Loan Event of Default or Event of Default is then continuing, Borrower shall cause such excess amounts to be remitted to the Cash Management Account prior to the next succeeding Payment Date.

  • If the amounts so remitted from the Mortgage Loan Low Debt Yield Reserve Account exceed the Preferred Equity Distribution Amount, and so long as an Initial Cash Flow Reserve Period, Trigger Period, Junior Mezzanine Loan Event of Default, Mortgage Loan Event of Default or Event of Default is then continuing, Borrower shall cause Property Owner to cause such excess amounts to be remitted to the Mortgage Loan Cash Management Account prior to the next succeeding Payment Date.

  • Such Annual Budget, and any revisions thereto, shall be subject to Lender’s approval during the continuance of a Trigger Period, Initial Cash Flow Reserve Period or Event of Default; it being agreed that during the continuance of a Trigger Period or an Initial Cash Flow Reserve Period (and provided no Event of Default is the continuing), such Lender approval shall not be unreasonably withheld, conditioned or delayed.

  • A true and complete copy of the Initial Budget (including the Initial Cash Flow Statement), as agreed to by the Required DIP Lenders, is attached as Exhibit A and Exhibit B hereto.

  • Additionally, the Administrative Agent and each Lender shall have received and been satisfied with the cash flow forecast for the Loan Parties for the 13 week period commencing on September 19, 2005 giving effect to the Chapter 11 Case and the Canadian Case (the "Initial Cash Flow Forecast"), such forecast to be attached hereto as Exhibit H.

  • The Initial Cash Flow Forecast and the Business Plan shall have been delivered to the Agent and each Bank, all in form and substance satisfactory to the Agent and the Required Banks.