Unallocated Cash Flow means for any period of determination (a) EBITDA during such period, minus (b) the amount of the Borrower's consolidated cash income taxes paid during such period, minus (c) the amount of the Borrower's consolidated cash dividends or distributions paid during such period, minus (d) the net amount of the Borrower's consolidated capital expenditures during such period (capital items purchased, minus capital items sold, and minus financing for capital items purchased), with it being acknowledged that only fifty percent (50%) of Advances under the Line of Credit during such period that are used for capital expenditures related to the expansion of the Borrower's Dodge City Facilities shall be included as "financing for capital items purchased" in the foregoing calculation, minus (e) cash interest paid, minus (f) scheduled principal payments made; provided, however, that no portion of the payments made by the Borrower under the Water Services Agreement shall be considered to be interest expense for the purposes of the calculation of Unallocated Cash Flow.
Unallocated Cash Flow means for any period of determination (a) EBITDA during such period, minus (b) the amount of cash taxes paid during such period, minus (c) the amount of cash dividends paid during such period, minus (d) the amount of cash interest paid during such period, minus (e) the net amount of capital expenditures during such period, minus (f) the cash portion of the purchase price paid during such period for any acquisition permitted under Section 10.2.
Unallocated Cash Flow means, for any period of determination and --------------------- with respect to any Borrower, a) the net income of such Borrower before provision for income taxes, interest expense (including without limitation, implicit interest expense on capitalized leases), depreciation, amortization and other noncash expenses or charges, excluding (to the extent included): (a) nonoperating gains (including without limitation, extraordinary or nonrecurring gains, gains from discontinuance of operations and gains arising from the sale of assets other than Inventory) during the applicable period; and (b) similar nonoperating losses during such period, less cash dividends paid, cash interest ---- paid and less capital expenditures.
Examples of Unallocated Cash Flow in a sentence
Section 1.1 of the Credit Agreement, Defined Terms, is also amended by eliminating the definitions of "Agent's Letter", "EBITDA", "First Bank", "Fiscal Year", "Guarantor", "Guaranty", "Property", "Revolving Loan Commitment", "Unallocated Cash Flow", "Unit" and "Working Capital", and replacing them in full with the following definitions.
More Definitions of Unallocated Cash Flow
Unallocated Cash Flow shall be deleted.
Unallocated Cash Flow in the Credit Agreement is hereby deleted and replaced with the following definition:
Unallocated Cash Flow means the sum of (a) Consolidated EBITDA, plus (b) rent and operating lease expense, less (c) cash dividends, less (d) cash taxes and less (e) unfinanced capital expenditures of the Borrower determined as follows: (i) for the quarter ended March 31, 2002, such items shall be calculated at the end of such quarter and annualized by multiplying unallocated cash flow for the quarter by four, (b) for the quarter ending June 30, 2002, such items shall be calculated at the end of such quarter, added to the unallocated cash flow for the previous quarter and annualized by multiplying such sum by two, (c) for the quarter ending September 30, 2002, such items shall be calculated at the end of such quarter, added to unallocated cash flow for the previous two quarters and annualized by multiplying such amount by 1.33333, (d) for all quarters ending on or after December 31, 2002, unallocated cash flow shall be determined on a trailing four-quarter basis.
Unallocated Cash Flow means for any period of determination (a) EBITDA during such period, plus (b) net new long term debt incurred during such period, plus (c) net capital contributions during such period, minus (d) the amount of cash income taxes paid during such period, minus (e) the amount of cash dividends paid during such period, minus (f) the amount of cash interest paid during such period, minus (g) the lesser of (i) depreciation or (ii) actual capital expenditures.
Unallocated Cash Flow means the sum of (a) Consolidated EBITDA, plus (b) rent and operating lease expense, less (c) cash dividends, less (d) cash taxes and less (e) unfinanced capital expenditures of the Borrower determined on a trailing four-quarter basis.
Unallocated Cash Flow. Unit" and "Working Capital", and replacing them in full with the following definitions.
Unallocated Cash Flow means for any period of determination (a) EBITDA during such period, minus (b) the amount of cash taxes paid during such period, minus (c) the amount of cash dividends paid during such period, minus (d) the amount of cash interest paid during such period, minus (e) the Capital Spending Amount during such period (provided however, that Asset Sub's purchase of assets from CGC for $75,000,000 during the Borrower's 1998 Fiscal Year, shall not be included in determining the Capital Spending Amount for any period in which such purchase occurs, and provided further, that capital expenditures consisting of the purchase of breeding stock shall not be included in determining the Capital Spending Amount for any period in which such purchase occurs), minus (f) the cash portion of the purchase price paid during such period for any acquisition permitted under Section 10.2.