Target Cash Flow definition

Target Cash Flow means $78,115,000 plus the amount of all discretionary contributions actually made by ▇▇▇▇▇▇▇▇ and its Subsidiaries to the 401(k) Plan with respect to any period after December 31, 1997.
View Source
Target Cash Flow means the amount of Company Earnings that are targeted for an immediately proceeding fiscal year, as set forth in the Budget, provided, however, that for fiscal year 1996, Target Cash Flow shall be $3,600,000, and for fiscal year 1997, Target Cash Flow shall be $3,950,000, as adjusted, in each event the Company acquires or divests (through the purchase or sale of stock or assets, by merger or otherwise) a subsidiary, upward or downward by the amount, pro rated on a daily basis, of the earnings of such subsidiary (calculated on a basis consistent with the determination of Company Earnings) for the most recent fiscal year.
View Source
Target Cash Flow means, for each of the five fiscal years identified on Exhibit A hereto, the amount specified for such year on such Exhibit; provided, however, that in the case of divestiture or acquisition of a business -------- ------- unit by the Company or any of its Subsidiaries, the Board shall determine in good faith an appropriate and equitable adjustment to Target Cash Flow for the fiscal year in which such event occurs and each subsequent fiscal year, in the case of a divestiture to reduce Target Cash Flow by the estimated contribution, if any, that would have been made thereto by the divested unit during the remainder of such periods, and in the case of an acquisition to increase Target Cash Flow by the estimated contribution, if any, to be made thereto by the acquired unit. In the event of such an adjustment, the Board shall notify the Executive thereof; and any such adjustment made by the Board in good faith shall be final and binding upon the parties.
View Source

Examples of Target Cash Flow in a sentence

  • Contractor shall also consider any potential adjustments to the Work, the Work Progress Schedule, or the Target Cash Flow Budget that may be undertaken to mitigate the effects of the change.

  • The Work, Target Price, Contract Completion Date, Target Cash Flow Budget and any other obligation under this Agreement shall only be adjusted as allowed under this Agreement and any adjustment shall be documented by a Change Order.

  • It is the desire of the Parties to keep changes in the Work, the Contract Completion Date and the Target Cash Flow Budget at a minimum, but the Parties recognize that such changes may become necessary and agree that they shall be handled as follows.

  • Section 2.8(c) of the Company Disclosure Schedule lists all Permits owned or held by the Company.

  • Such Annual Bonus for any such calendar year shall be equal to the sum of the Budgeted Cash Flow Bonus and the Target Cash Flow Bonus, each as defined below, but in no event more than the product of Three Million Dollars ($3,000,000) and the fraction of such calendar year contained within the Employment Term.

  • Pro Forma Target Cash Flow - with respect to any Acquisition Target, the Cash Flow of such Acquisition Target, on a pro forma basis (calculated in a manner and using amounts approved by Lender), for the twelve month period ending on the last day of the calendar month immediately preceding the date on which the Acquisition is consummated for which financial information prepared in a manner consistent with the financial statements required by Section 8.1.3 is available.

  • Exhibit B --------- EXAMPLE OF ACCELERATED VESTING: Assume: Cash Flow for 1996 and 1997 exceed Cash Flow Targets for those years and Cash Flow for 1998 is less than Target Cash Flow for 1998.


More Definitions of Target Cash Flow

Target Cash Flow means for each Measurement Date, the amount specified below: ----------------------------------------------------------------------------------------------------- MEASUREMENT DATE MONTHS IN ANNUALIZATION OF CASH TARGET ANNUALIZED CASH FLOW FLOW (MILLIONS) ----------------------------------------------------------------------------------------------------- 9/30/97 3 $31.200 ----------------------------------------------------------------------------------------------------- 10/31/97 4 $31.350 ----------------------------------------------------------------------------------------------------- 11/30/97 5 $31.488 ----------------------------------------------------------------------------------------------------- 12/31/97 6 $31.600 ----------------------------------------------------------------------------------------------------- 1/31/98 7 $31.714 ----------------------------------------------------------------------------------------------------- 2/28/98 8 $31.830 -----------------------------------------------------------------------------------------------------
View Source
Target Cash Flow means, for any Relevant Cash Flow Period, the amount set forth below opposite such Period: TARGET PERIOD ENDING LAST DAY OF CASH FLOW ------------------------- --------- Fiscal Year 1997 $ 7,300,000 Fiscal Year 1998 $11,500,000 "Tax Sharing Agreement" means the Tax Sharing Agreement entered into as of June 24, 1992, as amended from time to time, by and among Mafco Holdings, Inc., Revlon Holdings, Inc., Revlon, Inc., Revlon Consumer Products Corporation, and certain subsidiaries of Revlon, Inc.
View Source
Target Cash Flow means $(4,500,000) (i.e. a negative number).
View Source