Negative Cash Flow definition

Negative Cash Flow means the net loss from operations of the Limited Partnership determined in accordance with Federal income tax principles consistently applied (not including Sale Proceeds or Refinancing Proceeds), reduced by

Negative Cash Flow means the excess of costs, as defined below, incurred with respect to the operation of the Partnership Property over the income from the Partnership Property. Costs considered in determining such amount shall include repairs, maintenance, utilities, including waste disposal, management fees, rental commissions, state and local taxes, debt service, including principal, interest, and fees on any Partnership debt, which are directly related to the Partnership Property. The monthly amount of Negative Cash Flow, if any, shall be determined by the General Partner pursuant to the parameters set forth above.

Negative Cash Flow shall have the meaning set forth in SECTION 8.4(a).

Examples of Negative Cash Flow in a sentence

• In addition, Net Revenues for a given year may be budgeted to provide funds for contributions to the Master Plan capital program, the Transmission & Distribution capital program and/or the Negative Cash Flow Reserve.

• To the extent that the Company has negative cash flow in any future period, certain of the proceeds from the Offering may be used to fund such negative cash flow from operating activities, see “Risk Factors – Negative Cash Flow from Operations”.

• Projected Negative Cash Flow and HTF Cumulative Shortfalls(in billions of dollars) 202120222023202420252026Start-of-year HTF balancea12.1-5.4-24.2-44.3-65.6-88.5Revenues minus outlays-17.5-18.8-20.1-21.3-22.9-24.1End-of-year HTF shortfall-5.4-24.2-44.3-65.6-88.5-112.6Source: CBO, Highway Trust Fund Projections: June 2017 HTF Baseline 2016-2027.Notes: Includes combined figures from both the highway account and the mass transit account.

• Negative Cash Flow at any time throughout the term of a Direct Loan, or at any time during years two through fifteen for applications that do not include a request for a Direct Loan.

• Negative Cash Flow for the Foreseeable Future The Company has a no history of earnings or cash flow from operations.

More Definitions of Negative Cash Flow

Negative Cash Flow means, for any month during the term of this Agreement, the amount by which (x) the aggregate Base Rent payable under the Buyer Leases for the Non-Core Parcels for such month, together with the aggregate interest payments payable under the Notes for such month, EXCEED (y) the aggregate EBITDARM (Earnings Before Interest, Taxes, Depreciation, Amortization, Rent and Management Fees), calculated on a cash basis, derived by Buyer (or its Affiliate(s), as the case may be) from the Non-Core Parcels for such month; PROVIDED THAT, if the aggregate EBITDARM, calculated on a cash basis, derived by Buyer (or its Affiliate(s), as the case may be) from the Non-Core Parcels during any month is negative, then subject to the $750,000 cap on Deferred Rent and Interest provided above, all Base Rent and Note interest payable by Buyer under such Buyer Leases and Notes shall be deferred for such month. EBITDARM shall be calculated on a cash basis. The parties hereby acknowledge that Base Rent and interest under the Notes for the Non-Core Parcels are currently payable in arrears, at the end of each calendar month. In order to provide Buyer and its Affiliate(s) with the necessary period of time to calculate the EBITDARM and Negative Cash Flow derived from the Non-Core Parcels for any month, Seller and Buyer hereby agree that, during the term of this Agreement, notwithstanding anything to the contrary stated in the Buyer Leases or Notes for the Non-Core Parcels, subject to the right to defer the payment of Deferred Rent and Interest hereunder, Base Rent and interest under the Notes for the Non-Core Parcels for any calendar month shall be due and payable in arrears on the tenth (10th) calendar day of the immediately succeeding calendar month, and Buyer (and/or its Affiliate(s) under such Buyer Leases) shall be deemed in payment default thereunder, subject to the expiration of all applicable notice and cure periods, if any, if said Base Rent and/or interest are not paid on or prior to such tenth (10th) calendar day, in which event Seller shall have all rights and remedies available to Seller under the applicable documents with respect to such payment default (including, without limitation, the right to default interest, late charges and other such default charges).

Negative Cash Flow means the resulting amount where the sum described in clause (b) in the definition of Distributable Cash is greater than the sum described in clause (a) thereof.

Negative Cash Flow means the excess, as calculated from time to time, of the aggregate of (i), (ii), (iii), (iv) and (v) in Section 3.1 above over the total of all cash funds received by the Partnership from its operations during any period for which Negative Cash flow is calculated by the General Partner. 3.2

Negative Cash Flow means, for the period in question, the amount by which the operating expenses, capital expenditures and debt service of the Partnership due and payable within the period in question exceed the cash amounts held by the Partnership or which are expected to be received by the Partnership within the period in question and which are or will be available for payment of such expenses and debt service.

Negative Cash Flow means, if the amount resulting from the calculation described in the definition of Excess Cash Flow is a negative amount, such negative amount.

Negative Cash Flow means the amount by which the Cash Flow of the Partnership for any ninety (90) day period is a negative number.

Negative Cash Flow means the occurrence when all cash receipts received from Licensee's operations in a calendar month is less than the following: