Total Distributable Cash Flow definition
Total Distributable Cash Flow means, with respect to any Quarter, net income of the Company plus: (i) depreciation, amortization and impairment expense (including amortization expense relating to the option component of the Company’s risk management portfolio); (ii) cash distributions received from investments in unconsolidated Affiliates and equity losses from such unconsolidated Affiliates; (iii) provision for deferred income taxes; (iv) the subtraction of Maintenance Capital Expenditures; (v) the subtraction of equity in earnings from unconsolidated Affiliates and (vi) the addition of Losses or subtraction of Gains relating to other miscellaneous non-cash amounts affecting Net Income for the period, such as equity-based compensation, m▇▇▇-to-market changes in derivative instruments, and the Company’s line fill contributions to third-party pipelines and gas imbalances.