Internally Generated Funds definition
Internally Generated Funds means funds not constituting the proceeds of any Indebtedness, Debt Issuance, Equity Issuance, Disposition, or Involuntary Disposition (in each case, without regard to the exclusions from the definitions thereof).
Internally Generated Funds means any amount expended by the U.S. Borrower and its Restricted Subsidiaries and not representing (a) a reinvestment by the U.S. Borrower or any Restricted Subsidiaries of the Net Cash Proceeds of any Disposition outside the ordinary course of business or Casualty Event, (b) the proceeds of any issuance of Indebtedness of the U.S. Borrower or any Restricted Subsidiary (other than Indebtedness under any revolving credit facility) or (c) any credit received by the U.S. Borrower or any Restricted Subsidiary with respect to any trade in of property for substantially similar property or any “like kind exchange” of assets.
Internally Generated Funds means cash generated from Holdings and its Subsidiaries’ operations and not representing (a) the proceeds of any Indebtedness (other than revolving Indebtedness) or (b) the proceeds of any sale or issuance of Equity Interests in Holdings or any of its Subsidiaries or any capital contribution to Holdings or any Subsidiary, including any Cure Amount.
Examples of Internally Generated Funds in a sentence
See "Business - Competition." The Refinancing; Dependence on Internally Generated Funds The compressor leasing business in which the Company is involved is a capital intensive business, and the inability of the Company to continue to have access to sufficient capital could have a material adverse effect on the Company's ability to finance compressor purchases and, thus, maintain its future leasing revenues and profitability.
More Definitions of Internally Generated Funds
Internally Generated Funds means any amount generated by the Borrower and its Restricted Subsidiaries and not representing (a) the issuance by such Persons of Stock or capital contributions made in respect of the Stock of such Persons, (b) a reinvestment by the Borrower or any of its Restricted Subsidiaries of any proceeds of a Permitted Disposition or Casualty Event, (c) the proceeds of any issuance of Debt of the Borrower or any Restricted Subsidiary (other than Debt under any revolving credit facility) and (d) any credit received by the Borrower or any Restricted Subsidiary with respect to any trade in of property for substantially similar property or any “like kind exchange” of assets.
Internally Generated Funds means any amount expended by the Borrower and its Restricted Subsidiaries and not representing (a) a reinvestment by the Borrower or any Restricted Subsidiaries of the Net Cash Proceeds of any Disposition outside the ordinary course of business or Casualty Event, (b) the proceeds of any issuance of Indebtedness of the Borrower or any Restricted Subsidiary (other than Indebtedness under any revolving credit facility) or (c) any credit received by the Borrower or any Restricted Subsidiary with respect to any trade in of property for substantially similar property or any “like kind exchange” of assets.
Internally Generated Funds means funds not constituting the proceeds of any Indebtedness, Debt Issuance, Equity Issuance, Asset Sale or Casualty Event (in each case, without regard to the exclusions from the definitions thereof, other than in the case of Asset Sale only, any disposition of assets permitted by Section 6.04(c), Section 6.06(a), Section 6.06(a), Section 6.06(d), Section 6.06(h), or Section 6.06(k)).
Internally Generated Funds means funds not generated from the proceeds of any Loan, Debt Issuance, Equity Issuance, Disposition, insurance recovery or Indebtedness (in each case without regard to the exclusions from the definition thereof (other than sales of inventory in the ordinary course of business)).
Internally Generated Funds means any amount expended by the Borrower and its Restricted Subsidiaries and not representing (i) the proceeds of Capital Lease Obligations or Long-Term Indebtedness (other than Indebtedness under a revolving line of credit, including the Revolving Loans), (ii) the proceeds of the issuance of Equity Interests (or capital contributions in respect thereof) or (iii) Net Proceeds from a Prepayment Event or other credit received from a disposition, sale or other transfer or exchange of assets outside the ordinary course of business.
Internally Generated Funds means, with respect to any Person, funds of such Person and its Restricted Subsidiaries not constituting (x) proceeds of the issuance of (or contributions in respect of) Equity Interests of such Person, (y) proceeds of the incurrence of long-term Indebtedness (other than (i) under any revolving credit facility or (ii) if such Indebtedness has been repaid with Internally Generated Funds) by such Person or any of its Restricted Subsidiaries or (z) proceeds of Dispositions (other than Dispositions of inventory in the ordinary course of business) and Casualty Events.
Internally Generated Funds means any amount expended by the Borrower and itsRestricted Subsidiaries and not representing (a) a reinvestment by the Borrower or any RestrictedSubsidiaries of the Net Cash Proceeds of any Disposition outside the ordinary course of business orCasualty Event, (b) the proceeds of any issuance of Indebtedness of the Borrower or any RestrictedSubsidiary (other than Indebtedness under any revolving credit facility) or (c) any credit received by theBorrower or any Restricted Subsidiary with respect to any trade in of property for substantially similarproperty or any “like kind exchange” of assets.“Interpolated Rate” means, at any time, for any Interest Period, the rate per annum(rounded to the same number of decimal places as the Eurocurrency Screen Rate) determined by theAgent (which determination shall be conclusive and binding absent manifest error) to be equal to the ratethat results from interpolating on a linear basis between: (a) the Eurocurrency Screen Rate for thelongest period (for which the Eurocurrency Screen Rate is available for the Dollars) that is shorter thanthe Impacted Interest Period; and (b) the Eurocurrency Screen Rate for the shortest period (for whichthat Eurocurrency Screen Rate is available for Dollars) that exceeds the Impacted Interest Period, in eachcase, two Business Days prior to the commencement of the Interest Period.“Investment Grade Securities” means (a) securities issued or directly and fullyguaranteed or insured by the government of the United States of America or any agency orinstrumentality thereof (other than Cash Equivalents), (b) debt securities or debt instruments with arating of BBB- or higher by S&P or Baa3 or higher by Moody’s or the equivalent of such rating by suchrating organization, or, if no rating of S&P or Moody’s then exists, the equivalent of such rating by anyother nationally recognized securities rating agency, but excluding any debt securities or instrumentsconstituting loans or advances among the Borrower and its subsidiaries, (c) investments in any fund thatinvests exclusively in investments of the type described in clauses (a) and (b), which fund may also holdimmaterial amounts of cash pending investment or distribution and (d) corresponding instruments incountries other than the United States of America customarily utilized for high quality investments, ineach case, consistent with the Borrower’s cash management and investment practices.“Investments” means, with respect to any Person, all investment...