Theatre Level Cash Flow definition

Theatre Level Cash Flow means all revenues attributable to the Leased Premises over the applicable measurement period, less expenses clearly attributable to the Leased Premises over the same period as reflected on the applicable individual theatre level cash flow statement calculated by the company using consistent methods and policies as that utilized by the company in determining the theatre cash flow on substantially all of its other individual theatre properties. Revenues shall include box office receipts (less applicable admission tax), concession receipts (less applicable sales tax), game revenues (less applicable sales tax), pay phone revenue, studio and other rental income, ATM revenue, revenue from tickets redeemed at the theatre from internet or other off-site ticketing (but not related fees charged for such service or revenue from unredeemed tickets), and any other revenues attributable to the operations of the theatre. Expenses shall include all costs necessary to operate the theatre and theatre, including but not limited to film rental, snack bar cost of sales (net of all applicable rebates from vendors), payroll expenses attributable to employees working at the theatre, advertising costs, security expenses, janitorial expenses, maintenance (excluding capitalized expenses), repairs (excluding capitalized expenses), supplies, utilities, telephone expenses, freight, bank and credit card expense, business tax and licenses, cash shortages, base rent, percentage rent, common area maintenance, property taxes, and insurance. Expenses specifically excluded include charges for off-site administration costs, income taxes, interest, and depreciation & amortization.
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Theatre Level Cash Flow or "TLCF" means, with respect to any Theatre, for any period:
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Theatre Level Cash Flow for any theatre for any period means the net income of such theatre for such period plus, to the extent deducted in determining such net income, and without duplication, net interest expense, Taxes relating to income, depreciation, amortization, provision for straight-line rent and allocations of corporate overhead, all determined in accordance with GAAP and in good faith from (i) the accounting records of the Companies and in a manner consistent with their past practices, if such theatre is operated by one or more of the Companies, or (ii) the accounting records of Purchaser and its Affiliates and in a manner consistent with their past practices, if such theatre is operated by one or more of Purchaser and its Affiliates.
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Examples of Theatre Level Cash Flow in a sentence

  • Both the broader market and the exhibitor space have since recovered as recession fears receded: Negotiations occur prior to report of record-breaking Carmike earnings, and transaction announced shortly thereafter On February 29th, 2016, Carmike reported “All Time Records in Revenue, Operating Income, Theatre Level Cash Flow and Adjusted EBITDA”3 The earnings report exceeded market expectations by a wide margin and shares rose by 14.8% to $25.11 on the day following the announcement, March 1st 2016.

  • Releases Driving Strong Performance 2002 2003 2004 58.3 53.4 63.3 Six Months Ended June 30 Theatre Level Cash Flow ($mm)(1) $58.0 $63.3 $53.3 (1)Theatre level cash flow is a supplemental non-GAAP financial measure used by Carmike to evaluate its operating performance.

Related to Theatre Level Cash Flow

  • 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.

  • Net Cash Flow means, for any period, the amount obtained by subtracting Operating Expenses and Capital Expenditures for such period from Gross Income from Operations for such period.

  • 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.

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • 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.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • 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:

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Cash Flow mean net income after taxes, and exclusive of extraordinary gains and income, plus depreciation and amortization.

  • Annualized Operating Cash Flow means, for any fiscal quarter, the Operating Cash Flow for such fiscal quarter multiplied by four.

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Available Cash Flow means an amount, with respect to each Fiscal Year or portion thereof during the Term, equal to the excess, if any, of the Operating Profit over the Owner’s Priority.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • Excess Cash Flow means, for any period, an amount equal to the excess of:

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (i) Consolidated Total Indebtedness secured on a first lien basis, net of Unrestricted Cash, as of the last day of such Test Period, to (ii) Consolidated EBITDA for such Test Period.

  • Permitted Capital Expenditures has the meaning given that term in Section 9.12(b).

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.