Net Cash Flow from Operations means the cash proceeds from customary and usual Company operations, including sales and dispositions of Assets in the ordinary course of business and capital improvements, less the portion thereof used to pay or establish reserves for all Company expenses, debt payments, capital improvements, replacements, and contingencies, all as determined by the Management Board. Net Cash Flow from Operations shall not be reduced by depreciation, amortization, cost recovery deductions or similar allowances, but shall be increased by any reductions of reserves.
Net Cash Flow from Operations means, for any Determination Period, the net cash flows from operations of the Borrower and its Subsidiaries determined on a Consolidated Basis in accordance with the Accounting Principles.
Net Cash Flow from Operations means for each fiscal year, Cash Flow, less Net Sales Proceeds, less cash reserves established by the Managing Member, in its sole discretion, for other obligations of the Fund for which there is no provision, less Distributions made to the Members prior to the end of such fiscal year.
Examples of Net Cash Flow from Operations in a sentence
Ch. June 28, 2013) (denying motion to dismiss claim for declaratory relief and requiring further proof as to materiality of an alleged breach).determine whether Net Cash Flow from Operations existed to justify payment of the Asset Management Fees, and if not, whether those payments individually or in the aggregate were sufficiently harmful to the Members of Dunes Point to be characterized as a “material” breach of the Operating Agreement.
The results show that economic expansion as measured by GDP growth was a significant factor in decreasing consumer price knowledge, apparently making price knowledge less salient.
Net Cash Flow from Operations • January – March the net cash flow from operating activities was EUR -0.4 million and was EUR 2.7 million better compared to the previous year.• The increase in the net cash flow from operations resulted from the increase in working capital being lower than in the year before.
As noted in Section I.B.7.b supra, PWA tendered the same quarterly Asset Management Fees to Curo Enterprises when it replaced NDC Capital as the Asset Manager, but Curo Enterprises refused to accept the payment.Section 8.3(c), however, limits the payment of Asset Management Fees ―to the extent of available Net Cash Flow from Operations and Net Capital Event Proceeds, after payment of all outstanding third party debts and liabilities of the Company then due and payable, in accordance with .
Two of the financial indicators, the Operating Surplus Margin and the Net Cash Flow from Operations Margin, are also reported as amber.
More Definitions of Net Cash Flow from Operations
Net Cash Flow from Operations means, for any period, the gross revenue actually received by the Partnership during such period, minus (1) all costs of operation of the Partnership actually incurred during such period, (2) such reserves as the Board of Directors determines are necessary to meet future obligations, including, without limitation, contingent obligations, and (3) amounts then due and payable with respect to any loans made to the Partnership by third Persons.
Net Cash Flow from Operations means, with respect to the particular Quarter, Net Income plus depreciation, less “Maintenance Capital”. As used herein, “Maintenance Capital” means any capital expenditure that is not a Capital Improvement.
Net Cash Flow from Operations means, for any Fiscal Year or part thereof, the excess, if any, of: (i) all proceeds received by the Company in connection with the operation of the Investments, including, but not limited to, monthly interest payments and fees and charges associated with or related to the ownership, operation and management of any Investments, or any other source, but excluding all Net Cash Flow From Sale or Refinance received by the Company; less (ii) the sum of (A) all cash expenditures of the Company (including capital expenditures and payments with respect to indebtedness and other short and long term obligations), (B) the amount of any funds the Manager, in its reasonable discretion, determines to set aside for contingencies and the establishment of reasonable and prudent working capital and reserves; and (C) the amount of any funds the Manager, in its reasonable discretion, determines to set aside for investment in additional Investments; provided, however, that with respect to any amount received by the Company that constitutes repayment of interest or fees under an Investment, it is intention of the Company and the Manager that such amount shall be distributed to the Members in accordance with this Agreement.
Net Cash Flow from Operations shall not be reduced by real estate depreciation or by cost amortization, cost recovery deductions or similar allowances, but shall be increased by any reduction of reserves previously described in an Annual Plan.
Net Cash Flow from Operations means the gross revenues from Partnership operations (excluding sales or other dispositions or refinancings of Qualified Assets) less, without duplication, the sum of any portion thereof used to (a) pay Operating Expenses, general and administrative costs and overhead of the Partnership, capital improvements, replacements or debt payments, any Management Fees payable to the General Partner or Asset Manager pursuant to Section 3.10 hereof, any credits reserved pursuant to Section 3.10 hereof, indemnities and other extraordinary payments made pursuant to this Agreement or to (b) establish reasonable reserves for Operating Expenses, capital improvements, replacements, debt payments and contingencies as provided in the Annual Plan, as such reserves are calculated, established and maintained by the General Partner pursuant to Section 3.4. “Net Cash Flow from Operations” shall not be reduced by real estate depreciation or by cost amortization, cost recovery deductions or similar allowances, but shall be increased by any reduction of reserves previously described in an Annual Plan.
Net Cash Flow from Operations means the sum of (i) all cash received from rents, lease payments and all other sources, but excluding (A) security or other deposits, (B) Capital Contributions and interest thereon (other than if used to pay for an item deducted below in determining cash flow), (C) proceeds from Capital Transactions, (D) Shurgard's return of cash proceeds required under Section 2.2 of the Contribution Agreement and (E) interest on reserves not available for distribution, (ii) the net proceeds of any insurance, other than fire and extended coverage and title insurance, to the extent not reinvested, and (iii) any other funds deemed available for distribution by Chase, less the sum of (i) all cash expenditures, and all expenses unpaid but properly accrued, which have been incurred in the operation of the Company's business (whether or not such expenditure is deducted, amortized or capitalized for tax purposes), (ii) all payments on account of any loans made to the Company (whether such loan is made by a Member or otherwise), and (iii) any cash reserves for working capital, capital expenditures, repairs, replacements and anticipated expenditures, in such amounts as may be required under the Credit Facility or may be determined from time to time by the Members to be advisable for the operation of the Company.
Net Cash Flow from Operations means the cash flow resulting from the operation of the investments, including, but not limited to, monthly interest payments and fees and charges associated with or related to the ownership, operation and management of any investments, or any other source, less cash expenditures of the Company and the amount of any funds the Manager, in its reasonable discretion, determines to set aside for contingencies and the establishment of reasonable and prudent working capital and reserves, or for investment in additional investments.