Consolidated Cash Flow for any period, the sum of (a) earnings before income taxes of Borrower and its Consolidated Subsidiaries for such period determined on a consolidated basis in accordance with GAAP; plus (b) amounts that have been deducted in the determination of such earnings before income taxes for such period for (i) Consolidated Interest Expense for such period, (ii) Depreciation for such period, (iii) Amortization for such period, and (iv) extraordinary and/or one-time non-cash losses for such period; minus (c) the amounts that have been included in the determination of such earnings before income taxes for such period for (i) extraordinary gains, (ii) extraordinary and/or one-time income, (iii) non-cash patronage income, and (iv) non-cash equity earnings in joint ventures.
Consolidated Cash Flow for any period, the sum of (a) earnings before income taxes of Borrower and its Consolidated Subsidiaries for such period determined on a consolidated basis in accordance with GAAP (excluding in the case of any non-wholly owned Consolidated Subsidiary, the portion of earnings attributable to holders of the equity interests of such Consolidated Subsidiary, other than the Borrower or a Consolidated Subsidiary); plus (b) amounts that have been deducted in the determination of such earnings before income taxes for such period for (i) Consolidated Interest Expense for such period, (ii) Depreciation for such period, (iii) Amortization for such period, and (iv) extraordinary and/or one-time non-cash losses for such period; minus (c) the amounts that have been included in the determination of such earnings before income taxes for such period for (i) extraordinary gains, (ii) extraordinary and/or one-time income, (iii) non-cash patronage income, and (iv) non-cash equity earnings in joint ventures.
Consolidated Cash Flow. For any period, Borrower’s Consolidated Net Income (or deficit) plus (a) Consolidated Interest Expense, plus (b) Consolidated Depreciation Expense, plus (c) Consolidated Amortization Expense, plus (d) Consolidated Tax Expense, plus (e) all other non-cash expenses (including non-cash stock compensation), minus (f) extraordinary gains, plus (g) Non-Controlling Interest Expense, all as determined in accordance with GAAP. Following consummation of the Merger, any realized or unrealized changes in an aggregate amount not to exceed Eight Million Seven Hundred Fifty Thousand Dollars ($8,750,000), in the fair value of financial instruments that are attributable to the Xxxx CDS shall be (without duplication) added back to Consolidated Net Income for purposes of determining Consolidated Cash Flow. Consolidated Depreciation Expense – For any period, the aggregate, consolidated amount of depreciation expense of Borrower, as determined in accordance with GAAP; provided, however that such consolidation shall not include the amount of depreciation expense of Non-Consolidation Entities.
Consolidated Cash Flow. For any period, (a) Consolidated EBITDAR of the Borrowers and their Subsidiaries for such period, minus (b) cash income taxes paid during such period by the Borrowers and their Subsidiaries, minus (c) Maintenance Capital Expenditures made by the Borrowers and their Subsidiaries during such period, minus (d) Management Fees paid during such period, minus (e) Officer Fees paid during such period.
Consolidated Cash Flow. (1 ) Sum of consolidated pre-tax net income (or loss), less actual taxes paid, from continuing operations of the Borrower and its Subsidiaries (excluding extraordinary income but including extraordinary expenses) $
Consolidated Cash Flow. Consolidated Cash Flow, as determined as of each date set out below for the 12-month period ending on such date, shall not be less than the amount set out below opposite such date: Date Minimum Amount ---- -------------- June 30, 1996 $8,000,000 September 30, 1996 $8,000,000 December 31, 1996 $8,000,000 March 31, 1997 $9,000,000 June 30, 1997 $9,000,000 September 30, 1997 $9,000,000 December 31, 1997 $9,000,000 March 31, 1998 $10,000,000 June 30, 1998 $10,000,000 September 30, 1998 $10,000,000 December 31, 1998 $10,000,000
Consolidated Cash Flow. With respect to the Borrower and its Subsidiaries and for any fiscal period, an amount equal to EBITDA for such fiscal period, minus Capital Expenditures made in such period, minus cash income taxes and, without duplication, cash payments for income taxes under the Tax Sharing Agreement paid in such period, minus management fees paid under the New Subsidiary Consulting Agreement in such period, all as calculated on a Pro Forma Basis.
Consolidated Cash Flow. Net Income for 4 quarters ending __________ $ -------- Plus Depreciation and amortization $ -------- Plus Interest expense $ -------- Plus Extraordinary or non-recurring losses $ -------- Minus extraordinary or non- recurring gains ($ ) -------- Total for most recent 4 quarters $ --------
Consolidated Cash Flow. The Company will not, at any time, permit the ratio of Consolidated Cash Flow to Consolidated Cash Expenditures, determined as of the last day of the then most recently ended calendar month in respect of the 12 month period ending on such date, to be less than 1.25:1.00.
Consolidated Cash Flow. If the Tiger Acquisition is not consummated, permit the Consolidated Cash Flow as at the last day of any four fiscal quarter period of the Company occurring during any period set forth below to be less than the amount set forth below opposite such period: Period Consolidated Cash Flow ------ ---------------------- January 1, 2001- March 31, 2001 $ 3,800,000 April 1, 2001 - June 30, 2001 $ 5,400,000 July 1, 2001- September 30, 2001 $ 5,800,000 October 1, 2001- December 31, 2001 $10,600,000 January 1, 2002 - March 31, 2002 $13,600,000 April 1, 2002 - June 30, 2002 $14,000,000 July 1, 2002 - September 30, 2002 $14,300,000 October 1, 2002 - December 31, 2002 $14,500,000 or if the Tiger Acquisition is consummated, permit the Consolidated Cash Flow as at the last day of any fiscal quarter of the Company, beginning after the Tiger Acquisition and occurring during any period set forth below to be less than the amount set forth below opposite such period: Period Consolidated Cash Flow ------ ---------------------- January 1, 2001- March 31, 2001 $ 3,800,000 April 1, 2001 - June 30, 2001 $ 5,400,000 July 1, 2001- September 30, 2001 $ 6,200,000 October 1, 2001- December 31, 2001 $11,400,000 January 1, 2002 - March 31, 2002 $14,700,000 April 1, 2002 - June 30, 2002 $15,300,000 July 1, 2002 - September 30, 2002 $15,600,000 October 1, 2002 - December 31, 2002 $15,900,000 3N. Amendment to Subsection 7.2(g). Subsection 7.2(g) of the Credit Agreement is hereby amended by deleting the phrase "the greater of (x) $15,000,000 and (y) 5% of Consolidated Tangible Assets;" and substituting in lieu thereof the phrase "$2,000,000".
