Available Cashflow definition

Available Cashflow means, for each Calculation Period, the aggregate of:
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Available Cashflow means, in relation to any period, the sum (without double counting) of: Revenue for such period15, minus the aggregate amounts of: Operating Costs and Project Costs, in each case to the extent not funded by way of the Loans or Equity, paid or payable during such period; Fees, Costs [and Hedging Entry Costs] paid or payable during such period; and any amount transferred or projected to be transferred to the MRA from the Operating Account in such period, to the extent such transfer is permitted in accordance with the Finance Documents, in each case, received, paid or payable by the Borrower (as the case may be) during that period (or, in the case of the Projected DSCR, projected in good faith to be received, paid or payable by the Borrower (as the case may be) during that period) and provided that, for the purpose of determining Available Cashflow for any period, with respect to any amount received or projected to be received by the Borrower in a currency other than the currency of the Loans, only the amount in the currency of the Loans received or reasonably expected by the Borrower to be received following conversion into the currency of the Loans shall be taken into account, and otherwise such amount shall not be taken into account.
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Available Cashflow means, in relation to any period, the sum (without duplication) of: Revenue for such period,188 minus the aggregate amounts of: Operating Costs and Project Costs, in each case to the extent not funded by way of the loans or equity, paid or payable during such period; and fees, expenses and hedging entry costs payable during such period; and any amount transferred or projected to be transferred to the Maintenance Reserve Account from the Operating Account in such period, to the extent such transfer is permitted in accordance with the Finance Documents, in each case received or paid by the Borrower (as the case may be) during that period (or, in the case of Projected DSCR, projected in good faith to be received or paid by the Borrower (as the case may be) during that period) and provided that, for the purpose of determining Available Cashflow for any period, with respect to any amount received or projected to be received by the Project Company in a currency other than the currency of the Loans, only the amount in the currency of the Loans received or reasonably expected by the Borrower to be received following conversion in the currency of the Loans shall be taken into account, and otherwise such amount shall not be taken into account.
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Examples of Available Cashflow in a sentence

  • Subject to SECTION 8.1.7, all determinations and calculations relating to the Project (including, to the extent involving projections, the determination or calculation, as the case may be, of Aggregate Discounted Projected Cashflow, Debt Service Cover Ratio, Loan Life Cover Ratio, Project Life Cover Ratio, Projected Available Cashflow, Reserve Debt Cover Ratio and/or Reserve Tail Cover Ratio) shall be made in accordance with the Base Case.


More Definitions of Available Cashflow

Available Cashflow means in respect of any period, the sum of all revenues of whatever kind and from whatever source received by the Borrower, including interest and other returns paid on, and profits made on the disposal of, Permitted Investments made pursuant to Clause 16.5, less the aggregate of all operating expenses, Approved Capital Expenditure, any changes in working capital, taxes and other non-Debt Service related costs and other expenses made or paid by the Borrower during such period;
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Available Cashflow means for any period: [***] Available Funding means on any date, the aggregate (without double counting) of: (a) the Total Long Term Commitments; (b) the Total Standby Commitments; (c) the Equity Commitments and any additional amounts that the Shareholders have committed to contribute to the Borrower pursuant to Clause 2.6 (Supplemental Contributions in respect of Equity Cure Rights) of the Equity Subscription Agreement;
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Available Cashflow means in an annual period, the sum of:
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Available Cashflow means, at any time, the combined balances of the Revenue Account, Operations Account and the DSRA at the beginning of the preceding twelve (12) months’ period plus the net property income from the Property prior to:-
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Available Cashflow means, on any date on which the same is to be calculated, in respect of the applicable Actual Calculation Period, the amount determined on the basis of the then most recent Summary Cash Report, which is equal to the consolidated gross cash inflow (excluding Disposal Proceeds) from property owning and operating activities of the Obligors (including, without limitation, Rental Income and any payments received by an Obligor under any Nomination Agreement) during such period less:
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Related to Available Cashflow

  • Available Cash means, with respect to any Quarter ending prior to the Liquidation Date:

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Distributable Cash Flow means the cash flow available for distribution to Shareholders as dividends as described under “Dividends”;

  • Distributable Cash means all cash, revenues and funds received by the Company from Company operations, less the sum of the following to the extent paid or set aside by the Company: (i) all principal and interest payments on indebtedness of the Company and all other sums paid to lenders; (ii) all cash expenditures incurred incident to the normal operation of the Company’s business; (iii) such Reserves as the Managers deem reasonably necessary to the proper operation of the Company’s business.

  • Excess Cash Flow means, for any period, an amount equal to the excess of:

  • Net Available Proceeds means:

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Cash Flow Available for Debt Service for any period, means (i) Cash Flow received during such period minus (ii) (A) all O&M Costs paid during such period and (B) if an Equity Cure has been made in any fiscal quarter during the period for which Cash Flow Available for Debt Service is calculated, the lesser of the aggregate amount of (x) such Equity Cure during such period and (y) the aggregate amount of cash distributions paid by the Company during such period.

  • Eligible Cash means unrestricted cash of a Borrower held in a Deposit Account maintained in the United States with a member of the Lender Group as security for the Obligations, and in which Agent has a first-priority perfected security interest and which is subject to a Control Agreement.

  • Available Proceeds means, with respect to a Liquidation Event or Enforcement Event, as of a particular day:

  • Cash Flow mean net income after taxes, and exclusive of extraordinary gains and income, plus depreciation and amortization.