Calculation of Cash Flow Sample Clauses

Calculation of Cash Flow. All calculations with respect to Positive Cash Flow and Negative Cash Flow shall be made in accordance with the basis of accounting the Partnership uses for tax reporting purposes.
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Calculation of Cash Flow. Beginning on the Closing Date and for each completed six (6)-month period thereafter, Purchaser will prepare a calculation of Cash Flow within forty-five (45) days of the end of each completed six (6)-month period (each a ​ ​ “Measurement Period”), for a total of eight (8) Measurement Periods during the Earnout Period; provided, that the first Measurement Period shall begin on the Closing Date and end on June 30, 2022. For purposes of this Section 2.5, “Cash Flow” will be measured as the following: (i) consolidated GAAP net income of the Acquired Companies following the Closing Date for each Measurement Period; plus (ii) (A) any net reduction in “Syndication Fees Receivable” shown on the consolidated balance sheet of the Acquired Companies resulting from the net receipt of previously deferred syndication fee revenues; (B) any net reduction in “Asset Management Fees Receivable” shown on the consolidated balance sheet of the Acquired Companies; (C) any net reduction in “Sales Fees Receivable” shown on the consolidated balance sheet of the Acquired Companies; (D) consolidated federal, state and local income tax expense of the Acquired Companies; (E) the difference between the incentive compensation actually paid to any employee of any Acquired Company and any such incentive compensation accrued related to any employee of any Acquired Company (including on the Alliant Strategic business); (F) Purchaser Earnout Revenue; (G) any “Depreciation and Amortization” shown on the Acquired Companies’ statement of operations (to the extent not captured in the preceding items); (H) any net reduction in “Investment in Tax Credit Funds” shown on the consolidated balance sheet of the Acquired Companies; (I) any “Impairment Loss” shown on the statement of operations of the Acquired Companies; (J) any non-cash “Accretion Expense” recognized as a consequence of advances to and shown on the statement of operations of the Acquired Companies; and (K) any net reduction of any other types or categories of fees or income not separately listed in the Audited Financial Statements as of December 31, 2020; minus (iii) (A) any net increase in “Syndication Fees Receivable” shown on the consolidated balance sheet of the Acquired Companies resulting from the net deferral of otherwise earned syndication fee revenue; (B) any net increase of “Asset Management Fees Receivable” shown on the consolidated balance sheet of the Acquired Companies resulting from the net deferral of otherwise earned as...
Sample 1
Calculation of Cash Flow. (A) EBITDA (per Part I of Exhibit B) for the applicable period of measurement: $ Unfinanced Capital Expenditures: The aggregate of all expenditures and other obligations for the twelve month period ending on the last day of the month covered by such financial statements which should be capitalized under GAAP Less: Net Proceeds from Dispositions and/or Events of Loss which a Borrower is permitted to reinvest pursuant to subsection 1.8(c) and which are included above To the extent included above, expenditures financed with cash proceeds from Excluded Equity Issuances To the extent included above, amounts paid as the purchase price for a Target in a Permitted Acquisition
Sample 1
Calculation of Cash Flow. (a) For purposes of this Agreement, subject to the other provisions of this Section 2.6, “Cash Flow” for any relevant period shall be equal to (A) the Operating Cash Flow generated by the Telephony Business, operated in the Ordinary Course of Business and in compliance with this Agreement, including, without duplication, all Transition Costs and any amounts paid by Comcast to Insight under the Telephony Agreements, less, without duplication, (B) the sum of all (i) capital expenditures (including for equipment held for future use), (ii) payments under capitalized leases, including any associated interest component; and (iii) deferred charges associated with capitalized software not included in clause (i), in each case of clause (i), (ii) and (iii) to the extent incurred, made or charged in the Ordinary Course of Business and in compliance with this Agreement; provided that Cash Flow shall not include any accounting entry or adjustment that relates to business activity occurring prior to June 1, 2004.
Sample 1

Related to Calculation of Cash Flow

  • Distribution of Net Cash Flow Net Cash Flow shall be distributed among the Partners in accordance with their Partnership Percentages at such times and in such amounts as shall be determined by the General Partner.

  • 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.

  • Distribution of Cash (a) The Partnership shall distribute cash on a quarterly (or, at the election of the General Partner, more frequent) basis, in an amount determined by the General Partner in its sole and absolute discretion, to the Partners who are Partners on the Partnership Record Date with respect to such quarter (or other distribution period) in accordance with Section 5.2(b).

  • 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”).

  • 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:

  • Distributions of Available Cash From Operating Surplus (a) During Subordination Period. Available Cash with respect to any Quarter within the Subordination Period that is deemed to be Operating Surplus pursuant to the provisions of Section 6.3 or 6.5 shall, subject to Section 17-607 of the Delaware Act, be distributed as follows, except as otherwise contemplated by Section 5.6 in respect of other Partnership Securities issued pursuant thereto:

  • Cash Flow Owner acknowledges that the budget prepared by Manager, pursuant to paragraph 3(k), will contain a category labeled "Cash Flow." Owner agrees, in the event that the budgeted cash flow for the Property is "negative" in any month covered by the budget, to place sufficient funds in a bank account, or to permit Manager to transfer Owner's funds to such account, to make up the budgeted operating deficit. These funds must be placed in such account at least forty-five (45) days before the budgeted deficit is to occur.

  • Distributions of Net Cash Flow The Net Cash Flow of the Partnership for each calendar year, shall be distributed to the Partners from time to time, in the discretion of the General Partner, in accordance with the Percentage Interests of the Partners.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Distributions of Cash Flow Cash flow for each taxable year of the Company shall be distributed to the Member at such times and in such amounts as the Member shall determine.

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