Minimum Cash Flow. Terra Industries will have, as of the ----------------- last day of each Fiscal Quarter set forth below, Cash Flow for the number of Fiscal Quarters indicated below ending on such day of not less than the following: ---------------------------------------------------------------- Fiscal Quarters Minimum Cash Flow ---------------------------------------------------------------- 1 Fiscal Quarter ended March 31, 2000 $0 2 Fiscal Quarters ended June 30, 2000 $25,000,000 3 Fiscal Quarters ended September 30, 2000 $35,000,000 4 Fiscal Quarters ended December 31, 2000 $45,000,000 ---------------------------------------------------------------- 4 Fiscal Quarters ended March 31, 2001 $57,000,000 4 Fiscal Quarters ended June 30, 2001 $77,000,000 4 Fiscal Quarters ended September 30, 2001 $83,000,000 4 Fiscal Quarters ended December 31, 2001 $90,000,000 ---------------------------------------------------------------- 4 Fiscal Quarters ended March 31, 2002 and $90,000,000 each 4 Fiscal Quarter period thereafter ----------------------------------------------------------------
Minimum Cash Flow. Beginning with the Cash Flow Forecast to be delivered on or before December 12, 2016, the Company shall maintain a cumulative two-week Net Cash Flow for the two weeks ending immediately prior to the second and fourth Cash Flow Forecasts delivered each month of at least 85% of the last projected Net Cash Flow for such weeks.
Minimum Cash Flow. Until (i) Excess Availability is greater than the greater of (A) seventeen and one-half percent (17.5%) of the Total Availability and (B) $17,500,000 for a period for 30 consecutive days, and (ii) for two consecutive fiscal quarters for which Agent has received financial statements, Borrowers’ Consolidated Fixed Charge Coverage Ratio ending on the last day of each of such two consecutive fiscal quarters has been in excess of 1.00:1.00 for the Test Periods, Borrowers, beginning with the first full fiscal month after the Initial Closing Date, shall maintain (A) a Minimum Cash Flow of not less than negative $45,000,000 during the term of this Agreement and (B) during any twelve consecutive month period, a Minimum Cash Flow of not less than negative $25,000,000. The Minimum Cash Flow covenant shall be tested monthly and on a cumulative basis.
Minimum Cash Flow. Issuer shall not permit its Cash Flow to be less than $250,000 for the aggregate of any fiscal quarter and the preceding three fiscal quarters.
Minimum Cash Flow. Permit Consolidated Operating Cash Flow, measured as of the end of the second fiscal quarter of fiscal year 1999 on a fiscal year to date basis, to be less than $7,500,000.
Minimum Cash Flow. The Company shall not permit Cash Flow on the last day of any fiscal quarter specified below to be less than the corresponding amount set forth below: December 31, 2001 $ 45,000,000 March 31, 2002 $ 47,500,000 June 30, 2002 $ 47,500,000 September 30, 2002 $ 55,000,000
Minimum Cash Flow. At any time a Borrowing Base Period is in effect, Minimum Cash Flow of at least $15,000,000, which will be tested quarterly on a trailing four quarter basis.
Minimum Cash Flow. The Borrowers will not permit Working Capital Provided from Operations during the twelve (12) preceding month period to be less than Forty Million Dollars ($40,000,000), tested quarterly as of the close of each fiscal quarter of Unit for the most recent four (4) quarter rolling average.
Minimum Cash Flow. Company and its Subsidiaries shall not permit total cash flow with respect to each full month during the Forbearance Period less expenditures paid in cash during such month by the Company and its Subsidiaries, to be less than amounts specified below (or in the case of a negative number denoted by “< >,” more negative) for such month: For purposes of compliance with this Section 4.10(b), the Borrower shall exclude from the calculation of “Cash Flow Net of Expenditures” the cash proceeds of (i) the USPS Reimbursements and (ii) the CNG Cash Proceeds.
Minimum Cash Flow. The Borrowers will not permit, as of the end of any calendar month ending after the date hereof, the Combined cumulative Net Income (positive or negative) for the twelve calendar month period ending on, and including, the last day of such calendar month, minus the Combined non-cash revenues and plus non-cash expenses of the Borrowers' and their consolidated Subsidiaries ("Cumulative Cash Flow"), determined in accordance with GAAP for the twelve calendar month period ending on, and including, the last day of such calendar month to be less than zero.
