Adjusted System Cash Flow definition
Adjusted System Cash Flow means, for any period during which the Borrowers shall have consummated an Acquisition, the sum, for the Borrowers and their Subsidiaries (determined on a combined basis without duplication in accordance with GAAP), of the following, in each case determined under the assumption that such Acquisition had been consummated on the first day of such period: (i) System Cash Flow for such period plus (ii) the sum of (x) non-recurring expenses incurred by the relevant sellers prior to the actual closing of such Acquisition (to the extent such items were included as operating expenses in the determination of System Cash Flow for such period) and (y) the amounts set forth in a statement of adjustments to System Cash Flow provided by the Borrowers in connection with such Acquisition and acceptable to the Administrative Agent and Majority Lenders (in each case representing specified cost increases and savings in respect of the CATV Systems being acquired in such Acquisition).
Adjusted System Cash Flow means, for any period during which the ------------------------- Borrowers shall have consummated an Acquisition, the sum, for the Borrowers and their Subsidiaries (determined on a combined basis without duplication in accordance with GAAP), of the following, in each case determined under the assumption that such Acquisition had been consummated on the first day of such period: (i) System Cash Flow for such period plus (ii) the sum of (x) non- ---- recurring expenses incurred by the relevant sellers prior to the actual closing of such Acquisition (to the extent such items were included as operating expenses in the determination of System Cash Flow for such period) and (y) in the case of the Triax Acquisition, the amounts set forth in Schedule VII hereto for such period, or, in the case of any Subsequent Acquisition, the amounts set forth in a statement of adjustments to System Cash Flow provided by the Borrowers in connection with such Subsequent Acquisition and acceptable to the Administrative Agent and Majority Lenders (in each case representing certain cost savings and programming cost increases in respect of the CATV Systems being acquired in such Acquisition).
Adjusted System Cash Flow means, for any period during which the Borrowers shall have consummated an Acquisition, the sum, for the Borrowers and their Subsidiaries (determined on a combined basis without duplication in accordance with GAAP), of the following, in each case determined under the assumption that such Acquisition had been consummated on the first day of such period: (i) System Cash Flow for such period plus (ii) the sum of
Examples of Adjusted System Cash Flow in a sentence
Evidence, that as of the Effective Date ------------------------- and after giving effect to the Lower Delaware Acquisition, based on the three- month period ended May 31, 1997, the product of (i) such Adjusted System Cash Flow times (ii) four is at least equal to $10,800,000 (or, if the Sea Colony ----- Consent (as defined in the Lower Delaware Acquisition Agreement) has not been obtained, at least equal to $10,600,000).
More Definitions of Adjusted System Cash Flow
Adjusted System Cash Flow means, for any period during which the ------------------------- Borrowers shall have consummated either of the Spring 1997 Acquisitions, the sum, for the Borrowers and their Subsidiaries (determined on a combined basis without duplication in accordance with GAAP), of the following, in each case determined under the assumption that such Spring 1997 Acquisition had been consummated on the first day of such period: (i) System Cash Flow for such period plus (ii) the sum of (x) non-recurring expenses incurred by the ---- applicable Spring 1997 Seller prior to the actual closing of such Spring 1997 Acquisition (to the extent such items were included as operating expenses in the determination of System Cash Flow for such period) and (y) the amounts set forth in Schedule VI hereto (representing certain cost savings and programming cost increases in respect of the CATV Systems being acquired in such Spring 1997 Acquisition).
Adjusted System Cash Flow means, for any period during which the ------------------------- Borrower shall have consummated an Acquisition, the sum, for the Borrower and its Subsidiaries Credit Agreement ----------------
Adjusted System Cash Flow means, for any period during which the Borrowers shall have consummated an Acquisition, the sum, for the Borrowers and their Subsidiaries (determined on a combined basis without duplication in