Minimum Cash Flow definition

Minimum Cash Flow is for any period of determination, Borrower’s TFQ EBITDA, minus Borrower’s capital expenditures during such period, minus taxes paid by Borrower in cash during such period.
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Minimum Cash Flow means, determined on a consolidated basis for the Borrowers and their Restricted Subsidiaries, (a) Consolidated EBITDA minus (b) the sum of (i) Capital Expenditures made by Administrative Borrower and its Restricted Subsidiaries for such period (other than Capital Expenditures to extent financed with equity proceeds, Equity Interests or Indebtedness (other than with the proceeds of Loans, which shall be included)), (ii) Cash Interest Expense, (iii) any regularly scheduled amortized principal payments on Indebtedness (including the principal component of Capital Leases), and (iv) cash taxes paid.
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Minimum Cash Flow refers to the amount of cash that Chrysler México must contribute to the Trust Assets so that, beginning on the date of the first Credit Drawdown, the amount of FIFTY MILLION DOLLARS, LEGAL CURRENCY IN THE UNITED STATES OF AMERICA, can be deposited to the Trust Assets on a monthly basis, in the event that the amount resulting from the collection of the Collection Rights derived from the Assembly Agreement does not suffice to obtain a monthly cash flow of FIFTY MILLION DOLLARS, LEGAL CURRENCY IN THE UNITED STATES OF AMERICA.
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Examples of Minimum Cash Flow in a sentence

  • The Minimum Cash Flow covenant shall be tested monthly and on a cumulative basis.

  • Borrower shall maintain a Minimum Cash Flow Coverage Ratio of not less than 1.50:1.00.

  • Notwithstanding the foregoing, in the event the Minimum Cash Flow Ratio exceeds 10.0:1.0, Borrower may declare Shareholder Distributions.

  • Maintain at all times (tested Monthly, on a consolidated basis): Minimum Adjusted Quick Ratio 1.25:1.0 :1.0 Yes No Minimum Cash Flow * :1.0 Yes No The following financial covenant analyses and information set forth in Schedule 1 attached hereto are true and accurate as of the date of this Certificate.

  • Maintain a Minimum Cash Flow Coverage Ratio of 1.25x, tested annually at Fiscal Year End.

  • Borrowers shall not permit EBITDA for any period set forth below to be less than the amount set forth below opposite such period: 6 Months Ended 10/31/03 $ 4,000,000 9 Months Ended 1/31/04 $ 4,600,000 12 Months Ended 4/30/04 $ 5,700,000 12 Months Ended 7/31/04 and the last day of each fiscal quarter thereafter $ 6,300,000 Minimum Cash Flow.

  • The waiver contained in this Section 2 of this Second Amendment does not apply to any Section of the Loan Agreement other than Section 8.3 (Minimum EBITDA and Minimum Cash Flow) or to any other fiscal period other than the fiscal periods of (x) seven months ending December 31, 2002 with regard to Minimum EBITDA and (y) eight months ending January 31, 2003 with regard to Minimum EBITDA and Maximum Cash Flow.

  • At any time a Borrowing Base Period is in effect, Minimum Cash Flow of at least $15,000,000, which will be tested quarterly on a trailing four quarter basis.

  • The waiver contained in this Section 2 of this Fourth Amendment does not apply to any Section of the Loan Agreement other than Section 8.3 (Minimum EBITDA and Minimum Cash Flow) or to any other fiscal period other than the fiscal periods ending on or prior to September 30, 2003.

  • Upon the “Fourth Amendment Effective Date” (as defined below), Agent and Lenders, Agent and Lenders shall be deemed to have waived any Event of Default resulting from the failure of Borrowers to comply with the provisions of Section 8.3 regarding (x) Minimum EBITDA for fiscal periods ending on or prior to September 30, 2003 and (y) Minimum EBITDA and Minimum Cash Flow for fiscal periods ending on or prior to September 30, 2003.


More Definitions of Minimum Cash Flow

Minimum Cash Flow means net profit after taxes plus depreciation and amortization.
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