Operating Cash Flow Ratio definition

Operating Cash Flow Ratio means, on any date (the “Transaction Date”), with respect to any Person, the ratio of

Operating Cash Flow Ratio means the ratio of Operating Cash Flow to Net Income Before AI.

Operating Cash Flow Ratio means, for the Company, on any applicable date, the ratio of (i) the aggregate amount of Indebtedness of the Company and its Subsidiaries on a consolidated basis on such date to (ii) four times the Operating Cash Flow of the Company and its Subsidiaries on a consolidated basis for the most recent fiscal quarter for which financial information in respect thereof is available immediately prior to such date. In making the foregoing calculation, (1) pro forma effect shall be given to any Asset Acquisition or Asset Disposition to the extent that either the outstanding Indebtedness incurred in connection therewith or income or loss generated therefrom were not included for the whole period in computing the Operating Cash Flow Ratio and (2) Operating Cash Flow shall be adjusted to give effect to any pro forma cost reductions arising out of any such Asset Acquisition or Asset Disposition, in such amount as Insight shall reasonably and in good faith determine.

Examples of Operating Cash Flow Ratio in a sentence

• The Company will not permit the Consolidated Operating Cash Flow Ratio for each period of four consecutive fiscal quarters (determined as of the last day of each fiscal quarter) to be less than 2.50 to 1.00.

• Notwithstanding the foregoing, if there exists no Default or Event of Default immediately prior and subsequent thereto, the Company may incur Indebtedness if the Company's Annualized Operating Cash Flow Ratio, after giving effect to the Incurrence of such Indebtedness, would have been less than 8 to 1.

• You have notified us that the Operating Cash Flow Ratio of the Companies for the fiscal quarter ending in September 2003 was (3.86) to 1.

• The Company shall not, and shall not cause or permit any Subsidiary to, directly or indirectly, Incur any Indebtedness (other than the Notes); provided, however, that the Company may Incur Indebtedness, and the Company or any Subsidiary may Incur Acquired Indebtedness, if, at the time of such Incurrence, the Debt to Annualized Operating Cash Flow Ratio would be less than or equal to 6.0 to 1.0 prior to April 1, 2001, or less than or equal to 5.5 to 1.0 after April 1, 2001.

• The failure of the Companies to have maintained an Operating Cash Flow Ratio of at least 1.25 to 1 constitutes a violation of Subparagraph 14 of Section 7 of the Financing Agreement and an Event of Default under Subparagraph 1(f) of the Financing Agreement (the "Designated Default").

More Definitions of Operating Cash Flow Ratio

Operating Cash Flow Ratio means, for the Partnership, on any applicable date, the ratio of (i) the aggregate amount of Indebtedness of the Partnership and its Subsidiaries on a consolidated basis on such date to (ii) four times the Operating Cash Flow of the Partnership and its Subsidiaries on a consolidated basis for the most recent fiscal quarter for which financial information in respect thereof is available immediately prior to such date. In making the foregoing calculation, (1) pro forma effect shall be given to any Asset --- ----- Acquisition or Asset Disposition to the extent that either the outstanding Indebtedness incurred in connection therewith or income or loss generated therefrom were not included for the whole period in computing the Operating Cash Flow Ratio and (2) Operating Cash Flow shall be adjusted to give effect to any pro forma cost reductions arising out of any such Asset Acquisition or Asset --- ----- Disposition, in such amount as Insight shall reasonably and in good faith determine.

Operating Cash Flow Ratio has the meaning specified below:

Operating Cash Flow Ratio means the ratio of the Partnership's indebtedness to its cash flow as calculated for purposes of that loan agreement to which the Partnership is subject that includes the most restrictive covenant regarding the ratio of the Partnership's indebtedness to its cash flow.

Operating Cash Flow Ratio of any Person on any date (the “Transaction Date”) means, with respect to such Person and its Restricted Subsidiaries, the ratio of

Operating Cash Flow Ratio at the end of any month, the ratio of (a) Operating Cash Flow for the immediately preceding twelve (12) months (ending on such date) to (b) Total Debt Service for the immediately preceding twelve (12) months (ending on such date).

Operating Cash Flow Ratio means "Operating Cash Flow Ratio" as defined in the Amended and Restated Indenture, dated as of October 29, 0000, xxxxxxx Xxxxxx Xxxxxxx Xxxxx, X.X. xxx Xxxxxx Xxxxxx Trust Company of New York, as trustee, as it may be amended from time to time, but calculated as if the Partnership were the "Company" for purposes of such definition and "Indebtedness" for purposes of such definition meant Indebtedness as defined in this Agreement.

Operating Cash Flow Ratio means, with respect to any specified Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date (asfter giving pro forma effect to the incurrence of Indebtedness and the application of the proceeds thereof on such date of determination) to (b) the Operating Cash Flow of such Person for the last four most recent full fiscal quarters ended prior to such date of determination for which internal financial statements are available, determined on a pro forma basis in good faith on a reasonable basis by a responsible financial or accounting officer of the specified Person. In addition, for purposes of calculating the Operating Cash Flow Ratio and Consolidated Indebtedness: