Available Free Cash Flow means, as of any time of determination, the amount equal to: (a) Free Cash Flow for a Measurement Period (as defined in the definition of “Free Cash Flow” below), minus (b) the aggregate amount of Restricted Payments made prior to and at such time of determination under Section 6.05(h) in reliance on such Free Cash Flow for such Measurement Period minus (c) the aggregate amount of Senior Note Payments made prior to and at such time of determination under Section 6.21(e) in reliance on such Free Cash Flow for such Measurement Period.
Available Free Cash Flow means, as of any time, the sum of (a) Free Cash Flow for the most recent four fiscal quarter period ended prior thereto for which the financial statements have been delivered or deemed delivered pursuant to Section 8.1, minus (b) the aggregate amount of all Distributions permitted and made pursuant to Section 9.2(b) during such four fiscal quarter period, minus (c) the aggregate amount of all Redemptions permitted and made pursuant to Section 9.13(a)(i) during such four fiscal quarter period.
Available Free Cash Flow means, as of any time of calculation thereof, the amount equal to: (a) Free Cash Flow as of the last day of the most recently ended Test Period for which financial statements have been delivered pursuant to Section 9.01(a) or Section 9.01(b), minus (b) the sum of (i) the aggregate amount of Restricted Payments made under Section 10.6(i), (ii) the aggregate amount of Investments made under Section 10.5(j), and (iii) the aggregate amount of payments made on Junior Debt under Section 10.7(a) in the case of this clause (b) that, in each case, (x) is made from Available Free Cash Flow not otherwise applied pursuant hereto and (y) has occurred since the first day of the most recently ended Test Period through and including the time of calculation (each period a “Measurement Period”).
Examples of Available Free Cash Flow in a sentence
Adjusted EBITDA and Available Free Cash Flow are non-GAAP financial measures.
In May 2016, Natterer’s, common pipistrelle, soprano pipistrelle, Nathusius’ pipistrelle ( Pipistrellus nathusii), brown long-eared, and noctule bat were all recorded foraging to the west of the Medical Records Centre, and old German Operating Theatre buildings– roughly 150m away.
Mandatory Prepayment: Beginning in 2005, 50% of the amount (based on the prior fiscal year’s actual results as reported in the audited financial statements of the Borrowers) in excess of Target Available Free Cash Flow will be paid towards Term Loan B until its Maturity Date, and then towards Term Loan A, until its Maturity Date, payable annually, 90 days after the Borrower’s fiscal year end.
Available Free Cash Flow is used by management as a measure of our ability to generate excess cash flow from our business operations.
Available Free Cash Flow (AFCF)1 for the year ended 2023 was $724.1 million, resulting in $470.7 million of shareholder returns in accordance with our previously announced program.After the $0.075 per share dividend declared on February 8, 2024, $80.4 million is available for additional share repurchases.
More Definitions of Available Free Cash Flow
Available Free Cash Flow means, as of any time of determination, (a) an amount equal to the Free Cash Flow for the most recently completed Rolling Period, in each case, for which financial statements have been delivered for Borrower pursuant to Section 7.1(b), beginning with the Rolling Period ending December 31, 2022 minus (b) the aggregate amount of Restricted Payments made in reliance on Section 8.4(a)(iii) minus (c) the aggregate amount of Redemptions made in reliance on Section 8.4(b)(iii) minus (d) the aggregate amount of Investments made in reliance on Section 8.5(l) (in the case of each of the foregoing clause (b) through clause (d), each a “Free Cash Flow Utilization”) during the three most recently completed Free Cash Flow Usage Periods (or, in the case of any date of determination before three Free Cash Flow Usage Periods have been completed, during the number of then completed Free Cash Flow Usage Periods, if any) and the then current Free Cash Flow Usage Period.
Available Free Cash Flow means, in relation to each 3-month period (commencing with the 3-month period starting on 1 April 2009), the amount (calculated by the Agent in its sole discretion) by which:
Available Free Cash Flow means, as of any time of calculation thereof, the amount equal to: (a) Free Cash Flow as of the last day of the most recently ended Test Period for which financial statements have been delivered pursuant to Section 9.1(a) or Section 9.1(b), minus (b) the sum of (i) the aggregate amount of Restricted Payments made under Section 10.6(i)(x), (ii) the aggregate amount of Investments made under Section 10.5(k)(i), and (iii) the aggregate amount of payments made on Junior Debt under Section 10.7(a)(iii) in the case of this clause (b) that, in each case, (x) is made from Available Free Cash Flow not otherwise applied pursuant hereto and (y) has occurred since the first day of the most recently ended Test Period through and including the time of calculation (each period a “Measurement Period”).
Available Free Cash Flow means, for any period, the Company’s earnings before interest, taxes, depreciation, amortization and changes in net working capital, less Maintenance Expenditures and Greenville Expenditures as set forth in the Company’s annual budget (including any deviation approved pursuant to the Special Actions), less the Anderson Initial Required Capital Spend (only in connection with the Special Distributions after the Initial Closing and prior to the closing of the first Subsequent Acquisition), in each case calculated in accordance with GAAP, that is available for distribution to Members in accordance with applicable Law. For the avoidance of doubt, Growth Expenditures will not reduce the amount of Available Free Cash Flow. Further, for the avoidance of doubt, Available Free Cash Flow shall not include, and the Company shall not distribute to GNC, (i) any amounts paid to the Company by GNC or its Affiliates in connection with (a) the Master Agreement (including indemnification payments), (b) the Anderson GNC Lease, (c) the Transition Services Agreement (as defined in the Master Agreement), and (d) the
Available Free Cash Flow means, as of any date on which Parent makes any Restricted Payment pursuant to Section 7.5(vi)(2)
Available Free Cash Flow means, as of any time of calculation thereof, the amount equal to: (a) Free Cash Flow as of the last day of the most recently ended Measurement Period for which financial statements have been delivered pursuant to Section 8.01(a) or Section 8.01(b), minus (b) the sum of the aggregate amount of Investments made under Section 9.05(g), (i), (k), (l), minus (c) the sum of the aggregate amount of Restricted Payments made under Section 9.04(a)(iv)-(viiviii) that, in the case of clauses (b) and (c), have been made in cash since the first day of the applicable Measurement Period through and including the time of calculation and were not financed with the proceeds of any substantially concurrent (with sixty (60) days being deemed substantially concurrent) (x) issuance of Equity Interests or (y) incurrence of long- term Debt for borrowed money permitted by the Loan Documents (other than the proceeds of a Borrowing or LC Disbursement).