Budgeted Net Cash Flow definition

Budgeted Net Cash Flow means the line items contained in the Approved Budget under the heading “Net Cash Flow” (or words of similar import) during the relevant period of determination as set forth in the Approved Budget.

Budgeted Net Cash Flow means the sum of (i) the Budgeted Cash Receipts for the relevant Period of determination, minus (ii) the Budgeted Disbursement Amount for the relevant Period of determination.

Budgeted Net Cash Flow means the amount of Net Cash Flow of the Acquired Companies shown in the Acquired Companies Cash Flow Budgets.

Examples of Budgeted Net Cash Flow in a sentence

• Solely to the extent that Liquidity is less than $150,000,000, the Company will not permit any negative variance between the Actual Net Cash Flow Amount for any Cumulative Four-Week Period and the Budgeted Net Cash Flow Amount for such Cumulative Four-Week Period to be greater than 20%.

• The initial Approved Budget (the “Initial Approved Budget”) shall depict, on a weekly basis, Budgeted Disbursement Amounts, Budgeted Cash Receipts, Budgeted Net Cash Flow and other information reasonably requested by the Agent for the first eighteen (18) week period from the Closing Date and such Initial Approved Budget shall be approved by, and in form and substance satisfactory to the Required Lenders in their sole discretion.

• The Incentive Management Fee for any period shall be earned even if the Actual Net Cash Flow is negative so long as the negative amount of the Actual Net Cash Flow is less than the negative amount of the Budgeted Net Cash Flow.

• In addition to the Base Management Fee stated above, as additional compensation for the services to be rendered by Capital during the Term, Capital shall be paid a fee (the "Incentive Management Fee") equal to 25% of the amount, if any, by which Actual Net Cash Flow for any annual or shorter period during the Term ending on December 31 of any year or ending at the end of the Term exceeds Budgeted Net Cash Flow for such period.

More Definitions of Budgeted Net Cash Flow

Budgeted Net Cash Flow means the line item contained in the Approved Budget across from the heading “Net Cash Flow” during the relevant period of determination.

Budgeted Net Cash Flow has the meaning specified in the First Lien Credit Agreement.

Budgeted Net Cash Flow means the Net Cash Flow for the period in question based on the Budget for such period. Owner agrees that it will not adopt the Budget for any period in question for the purpose of reducing or eliminating the Incentive Management Fee for such period.