Adjusted Cash EBTDA Clause Samples

POPULAR SAMPLE Copied 3 times
Adjusted Cash EBTDA with respect to the Borrower for a fiscal quarter, net income before (i) income taxes, (ii) depreciation, depletion and amortization, (iii) accretion of abandonment liability, (iv) noncash expenses relating to share based payments recognized under ASC Topic 718, and (v) so long as no Revolving Credit Expiration Date has occurred during or prior to the fiscal quarter for which the calculation is being made, Excluded Revenues, as determined on a cash basis in the manner described on Exhibit G. For the fiscal quarter that includes the Revolving Credit Expiration Date, all Excluded Revenues received prior to the Revolving Credit Expiration Date but not yet used in accordance with Section 14(CC)) prior to the Revolving Credit Expiration Date shall be included in the amount of Adjusted Cash EBTDA for the fiscal quarter that is determined in accordance with this definition.
View Source

Related to Adjusted Cash EBTDA

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Adjusted Quick Ratio A ratio of (i) Quick Assets to (i) Current Liabilities minus the current portion of Deferred Revenue of at least 1.15 to 1.00.

  • 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 25 CONTRACTOR is authorized to establish a ▇▇▇▇▇ cash fund in an amount not 26 to exceed one thousand dollars ($1,000).

  • Minimum Adjusted EBITDA Borrower shall maintain a minimum trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), as of such test date, of at least the greater of (a) $75,000,000 and (b) an amount equal to 75% of the trailing six-month Adjusted EBITDA minus dividend distributions (other than tax distributions), for the immediately preceding six-month period, tested semi-annually, commencing September 30, 2024, and continuing on each subsequent March 31 and September 30.