Non-Operating Cash definition

Non-Operating Cash means, on any date of determination, Total Liquidity less $5,000,000.
View Source
Non-Operating Cash means all cash other than Operating Cash.
View Source

Examples of Non-Operating Cash in a sentence

  • The Special Non-Operating Cash Consideration Incentive is as outlined in Schedule C.

  • The amount described in clause (i) above shall be permanently reduced by the amount of any permanent reduction in the aggregate Commitments resulting from the application of Non-Operating Cash Flow to repay the outstanding Loans pursuant to Section 3.3(c)(ii).

  • The transfer of Non-Operating Cash Flow to the LOC Cash Collateral Account pursuant to this Section 3.3(c)(ii) shall not reduce the aggregate Commitments hereunder or the LOC Committed Amount until such time as they are withdrawn or disbursed therefrom to replace or otherwise reduce the stated amount of Letters of Credit or to satisfy reimbursement obligations as provided in Section 2.3(n).

  • Notwithstanding anything to the contrary contained herein, the amount described in clause (i) above shall be permanently reduced to $45 million (if not previously reduced to $45 million as a result of the application of Non-Operating Cash Flow or the use of amounts on deposit in the LOC Cash Collateral Account) on July 18, 2000.

  • The application of Non-Operating Cash Flow to repay the outstanding Loans pursuant to this Section 3.3(c)(ii) shall permanently reduce the aggregate Commitments hereunder; provided, however, that the portion of the aggregate Commitments available for Loans for general working capital purposes under Section 6.11(i) hereof shall not be reduced below $45,000,000 pursuant to this sentence.

  • The use of Non-Operating Cash Flow to reduce the stated amount of one or more Letters of Credit pursuant to this Section 3.3(c)(ii) or to satisfy reimbursement obligations pursuant to Section 2.3(n) shall permanently reduce the aggregate Commitments hereunder and the LOC Committed Amount.

Related to Non-Operating Cash

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

  • net non-operating income means the difference between: (A) revenues from all sources other than those related to operations; and (B) expenses, including taxes and payments in lieu of taxes, incurred in the generation of revenues in (A) above.

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of: