Cash conversion definition

Cash conversion or "cash conversion rate" means the ratio of free cash flow (pre-tax) to Adjusted EBITDA, represented as a percentage of Adjusted EBITDA;

Cash conversion means Adjusted EBITDA less cash capital expenditures (excluding cash outflows in relation to frequency reservation acquisitions) divided by Adjusted EBITDA.

Cash conversion. Cost" excluding depreciation is fixed at *** of Compound X.

Examples of Cash conversion in a sentence

• Any Cash Conversion Notice shall be given as provided in Section 5 hereof.

• The number of shares that a holder is entitled to convert, determined pursuant to subsections (a) and (b) of this Section 4, shall not be affected by the giving or effectiveness of a Cash Conversion Notice.

• Afya also presents Operating Cash Conversion Ratio because it believes this measure provides investors with a measure of how efficiently the Company converts EBITDA into cash.

• If thereafter there is a change in the availability of such funds, the Cash Conversion Notice shall automatically and immediately be cancelled and the Corporation shall immediately give notice thereof to the holders of the Series A Preferred.

• The Cash Conversion Notice shall expressly confirm such representation and warranty.

• The Cash Conversion Notice may specify an expiration date of such Notice, or may specify that the Corporation may terminate the Cash Conversion Notice by further twenty day notice to the holders of Series A Preferred that the Cash Conversion Notice will not be in effect after a specified date.

• The Cash Conversion Consideration and the conversion rate take into account any adjustments (i) pursuant to the Merger and (ii) occurring prior to the date hereof.

• A Cash Conversion Notice shall cease to be effective if the Corporation fails to make payment of the Cash Conversion Amount to any holder entitled thereto in the manner and within the time specified above, time being of the essence, and the Corporation may not thereafter give a Cash Conversion Notice.

• Payment of the Cash Conversion Amount shall be made no later than as specified in Section 4(f) and shall bear daily interest thereafter at the rate of one-tenth of one percent per day until paid.

• The Cash Conversion Notice may specify an expiration date of such Notice, or may specify a limitation on the aggregate number of dollars which the Corporation will pay in Cash Conversion Amounts.

More Definitions of Cash conversion

Cash conversion. ’ means operating free cash flow divided by EBITDA excluding Special Items. ‘‘Cash conversion’’ is not a recognized measure in accordance with IFRS and, as defined by TDC, may not be consistent with similarly named measures used by other companies.

Cash conversion means operating free cash flow divided by EBITDA excluding special items. For the purposes of TDC, this is defined as the operating free cash flow divided by EBITDA. “Cash conversion” is not a recognized measure in accordance with IFRS and, as defined by TDC, may not be consistent with similarly named measures used by other companies.

Cash conversion with respect to any Security, means the conversion of a Holder’s rights as a Holder of a Security in accordance with Article 4 into the right to receive a cash payment from the Company pursuant to Section 4.02 in the amount determined pursuant to Section 4.12. The terms “cash convert,” “cash convertible” and “cash converted” shall have corresponding meanings.

Cash conversion means EBITDA less Capital Spending plus/minus changes in Operating Working Capital, divided by EBITDA. Any adjustments to Cash Conversion may be made at the component level and are noted in the component level definition.