Consolidated Operating Cash Flow. With respect to any fiscal period of the Borrower and its Subsidiaries, an amount equal to (i) Consolidated EBITDAR for such fiscal period minus (ii) cash income taxes paid or payable in such period, excluding cash income taxes with respect to the Borrower’s fiscal year 2006 income paid by the Borrower in the 2007 fiscal year, in an amount not exceeding $10,000,000 in the aggregate, all as determined in accordance with GAAP.
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Samples: Revolving Credit and Term Loan Agreement (CAI International, Inc.), Revolving Credit and Term Loan Agreement (CAI International, Inc.), Revolving Credit and Term Loan Agreement (CAI International, Inc.)
Consolidated Operating Cash Flow. With respect to any fiscal period of the Borrower Guarantor and its Subsidiaries, an amount equal to (i) Consolidated EBITDAR for such fiscal period period, minus (ii) cash income taxes paid or payable in such fiscal period, excluding cash income taxes with respect to the Borrower’s fiscal year 2006 income paid by the Borrower in the 2007 fiscal year, in an amount not exceeding $10,000,000 in the aggregate, all as determined in accordance with GAAP.
Appears in 2 contracts
Samples: Term Loan Agreement (CAI International, Inc.), Term Loan Agreement (CAI International, Inc.)
Consolidated Operating Cash Flow. With respect to any fiscal period of the Borrower and its Subsidiaries, an amount equal to (i) Consolidated EBITDAR for such fiscal period minus (ii) cash income taxes paid or payable in tax expense for such period, excluding cash income taxes with respect to the Borrower’s fiscal year 2006 income paid by the Borrower in the 2007 fiscal year, in an amount not exceeding $10,000,000 in the aggregate, all as determined in accordance with GAAP.
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