Net Cashflow definition

Net Cashflow means net amount of cash and cash equivalents from operations and capital expenditures.

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Net Cashflow during any period means the amount determined in accordance with the definition of Cashflow for that period minus the sum of (i) all amounts paid by or on behalf of the Company in respect of administration and overhead other than any subordinated payments and (ii) all taxes paid by the Company (other than tax reimbursements paid by the Company), without duplication; provided, however, that net cashflow for the quarter ended June 30, 1999 will be deemed to also include all amounts received by the Company after February 4, 1999 through the Issue Date minus (i) interest paid on the Bridge Loan and (ii) all amounts paid by or on behalf of the Company in respect of administration and overhead between February 4, 1999 and the Issue Date.

Net Cashflow means net income during any period, plus depreciation and amortization during such period, MINUS repayment of indebtedness for borrowed money during such period, and minus capital expenditures during such period, all determined for Parent and its subsidiaries on a consolidated basis and in accordance with GAAP.

Examples of Net Cashflow in a sentence

• Period (Months) Cost of Routine Maintenance Works Net Payment to be received Net Cashflow 1-3 3-6 6-9 9-12 12-15 15-18 18-21 21-24 ETC Tenderers shall give below full particulars of the organization they propose to establish, direct, and administer the performance of the Contract.

• Event of Default any event specified in clause 11.1. Excess Cashflow on any Repayment Date, the Borrower’s entitlement to the Net Cashflow (as defined in the MDOA) for the preceding Quarter minus the following amounts: 1 any amount payable to the Financier on that Repayment Date as interest payable under this agreement; and 2 the relevant Repayment Amount due on that Repayment Date, plus or minus (as the case may be) the net revenue generated under the Financier Hedging Agreements.

• Such payment shall be made within 5 Business Days of notification pursuant to this clause 19 of the Pre-Closing Net Cashflow Amount, in accordance with clause 21.

• The Net Cashflow Statement shall be prepared in accordance with the Seller’s normal monthly accounting policies and procedures and based solely on the information in the Full Month Accounts, with such adjustments being made to that information as the Seller reasonably considers appropriate.

• The Seller shall ensure that the Purchaser shall be given reasonable access to the supporting documentary evidence and calculations for the Net Cashflow Statement and shall provide all assistance reasonably requested by the Purchaser to verify the Pre-Closing Net Cashflow Amount.

• All allocations of Net Profits, Net Losses, Net Cashflow, distributions and any other adjustments and allocations shall also be proportionately adjusted in accordance herewith.

• The Issuer shall ensure that, for each Rolling Semi-Annual Period ending on 30 June 2008 and every three months thereafter, Opco Total Net Cashflow from Operations is at least 3 times Opco Total Debt Service for that Rolling Semi-Annual Period.

• Average estimated cost of production is Income less Net Cashflow which is 68.6 cpl – 4.2 cpl = 64.4cpl.

• In the absence of manifest error, the Net Cashflow Statement shall be final and binding.

• The Issuer shall ensure that, for each Rolling Semi-Annual Period ending on 30 June 2008 and every three months thereafter, Opco Total Net Cashflow from Operations is at least 3 times of Opco Total Debt Service for that Rolling Semi-Annual Period.

More Definitions of Net Cashflow

Net Cashflow means the net free cashflow from operations after capital expenditure, taxation and royalties

Net Cashflow means net income during any period, plus depreciation and amortization during such period, MINUS repayment of indebtedness for borrowed money during such period, and minus capital expenditures during such period, all determined for Parent and its subsidiaries on a consolidated basis and in accordance with GAAP. "OBLIGATIONS" means all present and future Loans, advances, debts, liabilities, obligations, guaranties, covenants, duties and indebtedness at any time owing by Borrower to Lender, whether evidenced by this Agreement or any other Loan Document, whether arising from an extension of credit; opening of a Credit Accommodation, guaranty, indemnification or otherwise (including all fees, costs and other amounts which may be owing to issuers of Credit Accommodations and all taxes, duties, freight, insurance, costs and other expenses, costs or amounts payable in connection with Credit Accommodations or the underlying goods), whether direct or indirect (including those acquired by assignment and any participation by Lender in Borrower's indebtedness owing to others), whether absolute or contingent, whether due or to become due, and whether arising before or after the commencement of a proceeding under the Bankruptcy Code or any similar statute, including all interest, charges, expenses, fees, attorney's fees, expert witness fees, audit fees, letter of credit fees, loan fees, Early Termination Fees, Minimum Borrowing Fees and any other sums chargeable to Borrower under this Agreement or under any other Loan Document. "OBLIGOR" means any guarantor, endorser, acceptor, surety or other person liable on, or with respect to, the Obligations or who is the owner of any property which is security for the Obligations, other than Borrower.