Cash Flow Adjustment definition

Cash Flow Adjustment is an amount that may be agreed to between Sub-Adviser and RIMCo from time to time in respect to any change in net assets advised by Sub-Adviser in any month multiplied by the percentage applied to the fee for that quarter and prorated for the number of days remaining in the month the change in allocation occurred. If the Sub-Adviser advises such other accounts, as defined above, and the fee is based on the aggregate total value of those accounts, the Sub-Adviser must include the value of each such other account on any investment management invoice.
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Cash Flow Adjustment means $300 million less the 2010 Adjusted Controllable Free Cash Flow, provided that if the amount of the 2010 Adjusted Controllable Free Cash Flow is greater than $300 million the Cash Flow Adjustment will be zero.
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Cash Flow Adjustment means, for any four fiscal quarter period of the Borrowers, the sum of (a) the amount of taxes based upon or measured by income actually paid during period, plus (b) $3,000,000., plus (c) Distributions made pursuant to Section 7.10.2, plus (d) Investments in DRE LLC made pursuant to Section 7.9.10.
Sample 1

Examples of Cash Flow Adjustment in a sentence

  • As promptly as practicable following the Closing Date (but in any event within 90 days thereafter) Purchaser shall prepare, or cause to be prepared, and deliver to Seller a statement (the “Closing Statement”) consisting of a calculation in reasonable detail of the Free Cash Flow Adjustment Amount and Closing Discharged Indebtedness and a calculation of the amount, if any, payable pursuant to Section 2.3(g).

  • If the amount determined pursuant to clause (a) above is greater than the amount determined pursuant to clause (b) above, the Retrocedent will pay to the Retrocessionaire the Net Cash Flow Adjustment Amount together with the Net Cash Flow Report.

  • If the amount determined pursuant to clause (b) above is greater than the amount determined pursuant to clause (a) above, the Retrocessionaire will pay to the Retrocedent the absolute value of the Net Cash Flow Adjustment Amount within ten (10) business days of delivery of the Net Cash Flow Report.

  • The Credit Agreement allows for payment of the Closing Free Cash Flow Payment and the Post-Closing Free Cash Flow Adjustment as provided in this Agreement, including Section 3.7 and Section 3.8, in all events and, provided that an Event of Default (as defined in the Credit Agreement) has not occurred and is continuing, the Credit Agreement permits the Purchaser to make all other post-Closing payments to Sellers contemplated by this Agreement.

  • Within forty-five (45) days after the Closing, Purchaser shall cause to be prepared and delivered to the Company a statement (the “Closing Statement”) setting forth Purchaser’s calculation of Purchased Cash and in reasonable detail demonstrating each component thereof (i.e., Purchaser’s calculation of the Cash Adjustment, Purchaser’s calculation of the Agreed Capital Expenditures and Purchaser’s calculation of the Cash Flow Adjustment).

  • Each of the Company and Purchaser shall, and shall cause its respective Subsidiaries and representatives to, cooperate and assist in the preparation of the Closing Statement and the calculation of the final Agreed Capital Expenditures, the final Cash Flow Adjustment, and the Final Cash Adjustment and, if applicable, in the conduct of any dispute resolution process pursuant to Section 1.4(c), including making available, to the extent necessary, books, records, work papers and appropriate personnel.

  • At any time, the sum of (a) Consolidated Total Funded Debt, plus (b) for each new Store which the Borrower or any Subsidiary has committed to lease but which has not yet opened (the same number of new Stores as is included in the first clause of the definition of Cash Flow Adjustment), the unpaid amount of Capital Expenditures scheduled for the buildout of such new Store.

  • On the last day of each fiscal quarter of the Borrowers, the sum of (a) Trailing Four Fiscal Quarter Cash Flow measured on such date minus (b) Cash Flow Adjustment for the four fiscal quarters then ending, shall equal or exceed the percentage of such Consolidated Fixed Charges for such period set forth in the table below: FISCAL QUARTERS ENDING NEAREST PERCENTAGE ------------------------------ ---------- Restatement Date through April 30, 1997...................

  • In the event that the Free Cash Flow Adjustment Amount is a negative number, the Adjustment Amount shall be reduced pro rata by the amount of such Free Cash Flow Adjustment Amount; provided that the Adjustment Amount may not be reduced below zero.

  • Free Cash Flow for any period shall defined as EBITDA minus (without duplication) (i) interest expense (net of amortization expense) on the Adjusted Note Balance (whether or not reflected on the consolidated balance sheet of the Company or allocated thereto) as reduced periodically by the Free Cash Flow Adjustment, (ii) taxes paid in cash, and (iii) permitted capital expenditures (other than with proceeds of debt, equity, asset sales, or insurance recovery assets).


More Definitions of Cash Flow Adjustment

Cash Flow Adjustment which may be a positive or a negative number, means the difference between (a) the aggregate of all contributions, whether cash or otherwise, made to any Acquired Subsidiary Entity or any Investment Subsidiary Entity by or on behalf of the Company during the period beginning on October 1, 2013 and ending as of the Closing and (b) the aggregate of all distributions or other amounts, whether cash or otherwise, received, directly or indirectly, by the Company and/or any of its Affiliates (other than any Acquired Subsidiary Entity) from any Acquired Subsidiary Entity and/or from any Investment Subsidiary Entity during the period beginning on October 1, 2013 and ending as of the Closing. The payment of interest or principal on any advance or Indebtedness by any Acquired Subsidiary Entity to the Company or any Affiliate of the Company (other than any Acquired Subsidiary Entity) shall be considered a distribution for purposes of this calculation. However, a reimbursement by an Acquired Subsidiary Entity of expenses paid on its behalf by the Company or a Subsidiary of the Company shall not be considered a distribution for purposes of this calculation. Furthermore, it is acknowledged and agreed that the calculation of aggregate distributions under clause (b) above shall include the amount(s), if any, of (i) all expenses, including all third-party legal, accounting, financial advisory, consulting or other fees and expenses of the Company that are incurred on the Company’s behalf by any of Purchased Business Subsidiaries, regardless of when payable, arising from or in connection with this Agreement or the Contemplated Transactions, except as otherwise provided in this Agreement, including Section 7.4, and (ii) any change-of-control or similar payment obligation of any of the Purchased Business Subsidiaries which is triggered in whole or in part by the transactions contemplated by this Agreement, in each case, solely to the extent such amounts are not fully paid by or on behalf of the Company at or prior to the Closing.
Sample 1
Cash Flow Adjustment means, for any four fiscal quarter period of the Borrowers, the sum of (a) the amount of taxes based upon or measured by income actually paid during such period, plus (b) $3,000,000., plus(c) Distributions made pursuant to Section 7.10.2, plus (d) Investments in DRE LLC made pursuant to Section 7.9.11." " "Lending Officer" shall mean Mattxxx X. Xxxx xx other officers of the Agent from time to time designated by it to the Borrowers." "Trailing Four Fiscal Quarter Cash Flow" means for any four consecutive fiscal quarters ending nearest the dates set forth in the table below the amount set forth with respect to such fiscal quarter: FISCAL QUARTER ENDING NEAREST: AMOUNT ------------------------------ ------ April 30, 1997 The sum of Cash Flow for the quarters ending nearest January 31, 1997 and April 30, 1997 minus $4,268,000 July 31, 1997 The sum of Cash Flow for the quarters ending nearest January 31, 1997, April 30, 1997 and July 31, 1997 minus $924,000 October 31, 1997 and thereafter Cash Flow for the period of four fiscal quarters most recently completed"
Sample 1
Cash Flow Adjustment means an amount equal to (i) $350 million minus (ii) the product of (A) $350 million times (B) a fraction, the numerator of which is equal to Aggregate Allocable Cash Flow, and the denominator of which is equal to $21,953,400.
Sample 1
Cash Flow Adjustment means, (i) if the Closing Date occurs on or prior to April 30, 2020, then an amount equal to €0 or (ii) if the Closing Date occurs on or after May 1, 2020, then an amount equal to €83,333 per day for each day (including the Closing Date) from May 1, 2020 until the Closing occurs pursuant to the terms and conditions of this Agreement.
Sample 1

Related to Cash Flow Adjustment

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • XXXXX Adjustment means, with respect to XXXXX, 0.0326% per annum.

  • Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;

  • CPI Adjustment means the quotient of (i) the CPI for the month of January in the calendar year for which the CPI Adjustment is being determined, divided by (ii) the CPI for January of 2007.

  • Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.

  • Tax Adjustment has the meaning set forth in Section 4.7.

  • Consolidated Working Capital Adjustment means, for any period of determination on a consolidated basis, the amount (which may be a negative number) by which Consolidated Working Capital as of the beginning of such period exceeds (or is less than) Consolidated Working Capital as of the end of such period.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

  • Net Working Capital Adjustment means (a) the amount by which Net Working Capital as of immediately prior to the Closing exceeds Target Net Working Capital or (b) the amount by which Net Working Capital as of immediately prior to the Closing is less than Target Net Working Capital, in each case, if applicable; provided, that any amount which is calculated pursuant to clause (b) above shall be deemed to be a negative number.

  • Spread Adjustment means 100 basis points.

  • Working Capital Adjustment Amount means an amount, which may be positive or negative, calculated in accordance with Schedule C, equal to the difference of (a) the Closing Date Adjusted Working Capital minus (b) the Preliminary Adjusted Working Capital.

  • Annual Capital Expenditure Adjustment means, for any retail Property, an amount equal to the product of (a) $0.15 multiplied by (b) the aggregate net rentable area (determined on a square feet basis) of all such Properties.

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.

  • Estimated Adjustment Amount has the meaning set forth in Section 2.5(a).

  • Working Capital Adjustment has the meaning set forth in Section 2.5(a).

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Cumulative Retained Excess Cash Flow Amount means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for all Excess Cash Flow Periods ending after the Closing Date and prior to such date.

  • Equity Adjustment means the dollar amount resulting by subtracting the Book Value, as of Bank Closing, of all Liabilities Assumed under this Agreement by the Assuming Bank from the purchase price, as determined in accordance with this Agreement, as of Bank Closing, of all Assets acquired under this Agreement by the Assuming Bank, which may be a positive or a negative number.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • 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 from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Final Adjustment Amount has the meaning set forth in Section 2.4(c).

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

  • Estimated Working Capital Adjustment means the amount by which the Estimated Working Capital is greater or less than the Base Working Capital, any such excess amount being treated as a positive number and any shortfall being treated as a negative number;