Project Cash Flow Sample Clauses

Project Cash Flow. The project cash flow should be prepared in accordance with section D060 of the Scope.
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Project Cash Flow. The Parties hereby agree that the projected Project Cash Flow for the Proposed Project shall be as set forth in Exhibit D as attached hereto, as may be updated from time to time. The District shall provide an updated Project Cash Flow to the Authority at least once every calendar month and more frequently if requested by the Authority. When submitting a revised or updated Project Cash Flow to the Authority, the District shall also submit a detailed explanation for any changes in the Project Cash Flow from the previous Project Cash Flow submitted to the Authority.
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Project Cash Flow. Each month with the income and expense statement required in Section 8.5 above, Borrower shall deposit with Lender an amount equal to the net operating income from the Project, up to the amount of the monthly debt service required under the Note. For purposes of this Agreement, "net operating income" means all revenues generated by the Project, less the actual ordinary and necessary expenses of the Project (other than debt service on the Note), and less reserves (in amounts reasonably acceptable to Lender) for periodic expenses (such as real property taxes) and for working capital. Compliance with this Section 9 shall not be required so long as Grantor is the occupant and operator of the business conducted on the Project.
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Project Cash Flow. 15.1 California American Water agrees to provide $20 million in short term debt to be used during construction as a means of reducing AFUDC.
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Project Cash Flow. ‌ The cash flow for the Project is presented in Appendix C. The cash flow includes the annual sources of funds referenced in Appendix B and described above. The uses of funds present construction cost as a single line item, and include a breakdown of financing costs. The cash flow includes all sources and uses of funds relevant to the CIG Project, through the end of construction, which is anticipated to occur in July 2027 (fiscal year 2028). Substantial completion is anticipated to occur in June 2026. The cash flow as presented in Appendix C presents a positive carryforward balance (i.e., cumulative sources minus cumulative uses) for each year until 2028, when the final funds are drawn down. This carryforward balance, which reaches a high of $881 million, occurs primarily because the issuance of NJEDA bonds and receipt of the first CIG apportionment (in 2021) occur in advance of heavy construction activity. NJT has included the use of GAN financing (proceeds of $12 million) that would occur in 2024. The final maturity of the GAN is projected to occur in 2028. The financing costs included in the Project cost estimate ($180 million) were estimated by NJT based on the NJEDA bonds ($591 million) and the GAN ($12 million). Issuance costs for the NJEDA bonds are estimated to be $3 million. This is similar to the issuance costs of a $500 million NJEDA bond issue June 2020. Interest costs on the NJEDA bonds through 2028 ($176 million), assume a 30-year bond maturity, level annual debt service, and a 4.5 percent interest rate. The interest rate assumption is similar to the June 2020 NJEDA bonds, for which the interest rates varied between 4 percent and 5 percent. The revenue pledge on the June 2020 NJEDA bonds is similar to that being used for the bonds to be issued for the Project (i.e., rental payments, backed by an appropriations pledge). The June 2020 bonds were rated BBB+ (Standard & Poors), Baa1 (Moody’s), and A- (Fitch). Although the interest rate is higher than the current market rate for an A-rated bond (2.15 percent), the fact that it is consistent with a recent, similarly- structured issue indicates that the interest rate assumption is reasonable. NJT assumes that the GAN interest rate would be 4.1 percent. This is a very conservative assumption given that the current yield on 10-year, A-rated notes is
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Project Cash Flow. All cash received from or by reason of the operation of the applicable Project, including, without limitation, to the extent applicable to such Project, all cash received for or on account of any and all goods provided and services rendered, the gross dollar amount of all billings by the Project to or on behalf of guests, residents, tenanxx xx xxtients directly or indirectly connected with the Project (including, without limitation, such billings to all governmental payors, including Medicare and Medicaix, xxxx billings to self-paying patients, and such billings to all other thxxx-xxxxy insurance carriers) and all cash xxxxxxxx (whether from tenants or otherwise) by reason of any leasing, subleasing, licensing or other arrangements with third parties relating to the possession or use of any part of the Project.
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Project Cash Flow. Current Ratio Yr 1 $ % Net Profit Yr 2 $ Working Capital Yr 3 $ Inventory Turnover Yr 4 $ % ROI Yr 5 $ Down Payment $ Date first piece of equipment installed or merchandise delivered Documentation: UCC-1 Guaranty Fire & Liability Loss Payable Fire Insurance Co. Policy Expiration Tax exemption certificate Corporate Charter examined (Y/N) Rental Agreement Installation Maintenance Support, etc. Agmt Delivery & Acceptance 09/18/02 Approvals: Manager, Lease Financing Date VP, Financial Services Date ***** Confidential portions of this document have been redacted and filed separately with the Securities and Exchange Commission. Exhibit 005 Cash Receipts — MHCC BankOne Acct #[*****] Oct-02 Bank One Lockbox Wire Transfers Daily Cash [*****] Deposit per Treasury Report Intercompany Cash Receipt Wachovia [*****] Date Amount 1 [*****] [*****] [*****] [*****] 3 0.00 4 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 Total [*****] [*****] [*****] [*****] 0.00 Difference [*****] Bank error — Deposit correction notice 10/14/02 Per [*****], bank rep, adj will be done in Nov Checks: [*****] Contract Receivable Trial Balance Wire: [*****] Unapplied suspense EOM ACH [*****] NSF [*****] Unapplied Suspense BOM A/R Cash: [*****] [*****] Intercompany Cash Receipts Cr to A/R: [*****] variance [*****] Lockbox Advice 980 to Wire in Lockbox [*****] Suspense [*****] MAH [*****] MAH [*****] ITB [*****] APS [*****] MAH [*****] MAH [*****] MAH [*****] MAH [*****] MAH [*****] MAH [*****] ITB [*****] ITB [*****] MAH [*****] [*****] Total Lockbox activity ok Intercompany CR Total ACH Activity [*****] Total CR [*****] [*****] Bank error to be adjusted Nov. [*****] Total Lockbox activity Note: [*****] [*****] dep 10/04 — Payment stopped 10/10/02 ***** Confidential portions of this document have been redacted and filed separately with the Securities and Exchange Commission. EXHIBIT 007 GA-980 (R4-85) 10002 INTERUNIT TRANSFER INVOICE MONTH OCT-02 TRANSFER FRC McKesson Capital Corp 8025 FOR ACCOUNTING OFFICE NO. BRANCH BRANCH NO. TRANSFER TO McKesson Drug Company FOR ACCOUNTING OFFICE NO. BRANCH BRANCH NO. REF. # DESCRIPTION ACCOUNT DEBIT CREDIT Posted AR [*****] [*****] [*****] [*****] Funds received at Drug Lockbox Intercompany Acct # [*****] TOTAL [*****] [*****]
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Project Cash Flow. [ * ] Financial statements will be audited annually by a big six certified public accounting firm. [ * * This material has been omitted pursuant to a request for confidential treatment and has been filed separately with the Securities and Exchange Commission. * ]
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Related to Project Cash Flow

  • Operating Cash Flow As used in this Agreement, “Operating Cash Flow” shall mean and be defined, for any fiscal period, as all cash receipts of the Partnership from whatever source (but excluding Capital Cash Flow and excluding the proceeds of any Capital Contributions to the Partnership) during such period in question in excess of all items of Partnership expense (other than non-cash expenses such as depreciation) and other cash needs of the Partnership, including, without limitation, amounts paid by the Partnership as principal on debts and advances, during such period, capital expenditures and any reserves (as determined by the Managing General Partner) established or increased during such period. Operating Cash Flow shall be distributed to or for the benefit of the Partners of record as of the applicable record date not less frequently than quarterly, and shall be allocated among the Partners as follows:

  • Net Cash Flow The term “Net Cash Flow” shall mean all cash and cash equivalents from all sources on hand as of the last day of the measurement period prior to any distributions to the Partners, and after the payment of all then due expenses of operating and managing the Restaurants, and after payment of all debts and liabilities and after any prepayments of any debts and liabilities that the General Partner, in its reasonable and good faith discretion, elects to cause to be made, and after the establishment of any reserves reasonably deemed necessary by the General Partner for (i) the repayment of any due debts or liabilities, including debts owed to the General Partner; (ii) the working capital requirements; (iii) capital improvements and replacement of furniture, fixtures or equipment; and (iv) any contingent or unforeseen liabilities. In determining Net Cash Flow of each Restaurant there shall be deducted the Supervision Fee and the Accounting Fee as provided in Section 4.7, the Advertising Payment and the Insurance Payment as provided in Section 4.8, and the OSRS Charges as provided in Section 4.2.

  • Cash Flow Multi-Year Cash Flow = ( ) − ( ); One-Year Cash Flow = ( ) − ( ) Preliminary Rating Final Rating (Following Additional Analysis)

  • Excess Cash Flow No later than ten (10) Business Days after the date on which the financial statements with respect to each fiscal year of Holdings ending on or after December 31, 2019 in which an Excess Cash Flow Period occurs are required to be delivered pursuant to Section 5.01(a) (each such date, an “ECF Payment Date”), the Borrower shall, if and to the extent Excess Cash Flow for such Excess Cash Flow Period exceeds $1,375,000, make prepayments of Term Loans in accordance with Section 2.10(h) and (i) in an aggregate amount equal to (A) the Applicable ECF Percentage of Excess Cash Flow for the Excess Cash Flow Period then ended (for the avoidance of doubt, including the $1,375,000 floor referenced above) (B) minus $1,375,000 minus (C) at the option of the Borrower, the aggregate principal amount of (x) any Term Loans, Incremental Term Loans, Revolving Loans or Incremental Revolving Loans (or, in each case, any Credit Agreement Refinancing Indebtedness in respect thereof), in each case prepaid pursuant to Section 2.10(a), Section 2.16(b)(B) or Section 10.02(e)(i) (or pursuant to the corresponding provisions of the documentation governing any such Credit Agreement Refinancing Indebtedness) (in the case of any prepayment of Revolving Loans and/or Incremental Revolving Loans, solely to the extent accompanied by a corresponding permanent reduction in the Revolving Commitment), during the applicable Excess Cash Flow Period (or, at the option of the Borrower and without duplication, after such Excess Cash Flow Period and prior to such ECF Payment Date) and (y) the amount of any reduction in the outstanding amount of any Term Loans or Incremental Term Loans resulting from any assignment made in accordance with Section 10.04(b)(vii) of this Agreement (or the corresponding provisions of any Credit Agreement Refinancing Indebtedness issued in exchange therefor), during the applicable Excess Cash Flow Period (or, at the option of the Borrower and without duplication, after such Excess Cash Flow Period and prior to such ECF Payment Date), and in the case of all such prepayments or buybacks, to the extent that (1) such prepayments or buybacks were financed with sources other than the proceeds of long-term Indebtedness (other than revolving Indebtedness to the extent intended to be repaid from operating cash flow) of Holdings or its Restricted Subsidiaries and (2) such prepayment or buybacks did not reduce the amount required to be prepaid pursuant to this Section 2.10(f) in any prior Excess Cash Flow Period (such payment, the “ECF Payment Amount”).

  • Property Cash Flow Allocation (a) During any Cash Management Period, all Rents deposited into the Deposit Account during the immediately preceding Interest Period shall be applied on each Payment Date as follows in the following order of priority:

  • Consolidated Capital Expenditures Company shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year indicated below, in an aggregate amount in excess of the corresponding amount (the “Maximum Consolidated Capital Expenditures Amount”) set forth below opposite such Fiscal Year; provided that the Maximum Consolidated Capital Expenditures Amount for any Fiscal Year shall be increased by (i) an aggregate amount equal to the Net Securities Proceeds received by Company in such Fiscal Year from the issuance of any Capital Stock of Company or any of its Subsidiaries, but solely to the extent such Net Securities Proceeds are not applied to increase the limit under subsection 7.3(vi), (ii) to the extent Company and its Subsidiaries have generated Consolidated Excess Cash Flow in any Fiscal Quarter of such Fiscal Year in excess of $12,500,000, an amount not to exceed 50% of such excess (or 100% of such excess to the extent the Consolidated Leverage Ratio is less than 2.00:1.00 at the end of the preceding Fiscal Year), but solely to the extent that such excess is not applied to increase the limit under subsection 7.5(v), and (iii) (x) if the actual amount of Consolidated Capital Expenditures made in any Fiscal Year is less than the Maximum Consolidated Capital Expenditures Amount for such Fiscal Year (before giving effect to any increase pursuant to clause (i), (ii) or (iii) of this proviso), then an amount of such shortfall may be added to the Maximum Consolidated Capital Expenditures Amount for the immediately succeeding (but not any other) Fiscal Year and (y) in determining whether any amount is available for carryover to the succeeding Fiscal Year pursuant to the preceding subclause (iii)(x), the amount expended in any Fiscal Year shall first be deemed to be from any amount carried over to such Fiscal Year from the immediately preceding Fiscal Year and any other increases pursuant to clauses (i) or (ii) of this proviso: Fiscal Year Maximum Consolidated Capital Expenditures 2009 $ 125,000,000 2010 $ 150,000,000 2011 and each Fiscal Year thereafter $ 175,000,000

  • Net Operating Income For any Real Estate and for a given period, an amount equal to the sum of (a) the rents, common area reimbursements, and service and other income for such Real Estate for such period received in the ordinary course of business from tenants or licensees in occupancy paying rent (excluding pre-paid rents and revenues and security deposits except to the extent applied in satisfaction of tenants’ or licensees’ obligations for rent and any non-recurring fees, charges or amounts including, without limitation, set-up fees and termination fees) minus (b) all expenses paid or accrued and related to the ownership, operation or maintenance of such Real Estate for such period, including, but not limited to, taxes, assessments and the like, insurance, utilities, payroll costs, maintenance, repair and landscaping expenses, marketing expenses, and general and administrative expenses (including an appropriate allocation for legal, accounting, advertising, marketing and other expenses incurred in connection with such Real Estate, but specifically excluding general overhead expenses of REIT and its Subsidiaries, any property management fees and non recurring charges), minus (c) the greater of (i) actual property management expenses of such Real Estate, or (ii) an amount equal to three percent (3.0%) of the gross revenues from such Real Estate excluding straight line leveling adjustments required under GAAP and amortization of intangibles pursuant to FAS 141R, minus (d) all rents, common area reimbursements and other income for such Real Estate received from tenants or licensees in default of payment or other material obligations under their lease, or with respect to leases as to which the tenant or licensee or any guarantor thereunder is subject to any bankruptcy, reorganization, arrangement, insolvency, readjustment of debt, dissolution, liquidation or similar debtor relief proceeding.

  • Consolidated Excess Cash Flow If there shall be Consolidated Excess Cash Flow for any Fiscal Year beginning with the Fiscal Year ending December 31, 2018, the Borrowers shall, within ten Business Days of the date on which the Borrowers are required to deliver the financial statements of Holdings and its Restricted Subsidiaries pursuant to Section 5.1(b), prepay the Loans and/or certain other Obligations as set forth in Section 2.15(b) in an aggregate amount equal to (i) 50% of such Consolidated Excess Cash Flow minus (ii) voluntary prepayments of the Loans made during such Fiscal Year (excluding repayments of Revolving Loans or Swing Line Loans except to the extent the Revolving Credit Commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans (as opposed to the face amount thereof)); provided, if, as of the last day of the most recently ended Fiscal Year, the Consolidated Total Net Leverage Ratio (determined for such Fiscal Year by reference to the Compliance Certificate delivered pursuant to Section 5.1(c) calculating the Consolidated Total Net Leverage Ratio as of the last day of such Fiscal Year) shall be (A) less than or equal to 4.50:1.00 but greater than 4.00:1.00, the Borrowers shall only be required to make the prepayments and/or reductions otherwise required hereby in an amount equal to (1) 25% of such Consolidated Excess Cash Flow minus (2) voluntary repayments of the Loans made during such Fiscal Year (excluding repayments of Revolving Loans or Swing Line Loans except to the extent the Revolving Credit Commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans (as opposed to the face amount thereof)) and (B) less than or equal to 4.00:1.00, the Borrowers shall not be required to make the prepayments and/or reductions otherwise required by this Section 2.14(e).

  • Maximum Consolidated Capital Expenditures Holdings shall not, and shall not permit its Subsidiaries to, make or incur Consolidated Capital Expenditures, in any Fiscal Year, in an aggregate amount for Holdings and its Subsidiaries in excess of $125,000,000; provided, such amount for any Fiscal Year shall be increased by an amount equal to the excess, if any (but in no event more than $62,500,000), of such amount for the immediately preceding Fiscal Year (with the above scheduled amount for any Fiscal Year being used prior to any amount carried over from the preceding Fiscal Year) over the actual amount of Consolidated Capital Expenditures for such previous Fiscal Year; provided, further, so long as no Default shall have occurred and being continuing or would result therefrom, Holdings and its Subsidiaries may also make Consolidated Capital Expenditures in an amount not to exceed the Cumulative Growth Amount immediately prior to the making of such Consolidated Capital Expenditures (but the amount of Consolidated Capital Expenditures made from the Cumulative Growth Amount in any Fiscal Year shall not exceed 50% of the above scheduled amount of Consolidated Capital Expenditures that would have otherwise been permitted to made in such Fiscal Year pursuant to this Section 6.7(c)); and provided, further that for each Permitted Acquisition consummated in any Fiscal Year and, if consummated, the SDI Acquisition in the Fiscal Year ending December 31, 2011, the maximum amounts set forth above for such Fiscal Year and for every Fiscal Year thereafter shall be increased by an amount equal to 110% of the quotient obtained by dividing (A) the amount of Consolidated Capital Expenditures made by the acquired Person or business for the thirty-six month period immediately preceding the consummation of such Permitted Acquisition or SDI Acquisition as determined by the financial statements for such acquired Person or business by (B) three (3).

  • Capital Expenditures, etc With respect to Capital Expenditures, the parties covenant and agree as follows:

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