Cash Flow Available for Distribution means, with respect to the Borrower for any period, the sum of the following determined, without duplication, in accordance with GAAP: (i) EBITDA for such period less (ii) all principal and interest payments required to be paid with respect to Senior Debt during such period less (iii) all Unfinanced Capital Expenditures during such period.
Cash Flow Available for Distribution means, with respect to the Borrower for any period, the sum of the following determined, without duplication, in accordance with GAAP: (i)
Cash Flow Available for Distribution means, with respect to a Person for a given period, such Person's net income for such period determined in accordance with generally accepted accounting principles, except that cash dividends and other cash received from Investments in Consolidated Subsidiaries, other Subsidiaries or any other Persons shall be substituted for net income of Consolidated Subsidiaries and for equity in earnings of any such Subsidiaries or other Persons, exclusive of the following amounts (but only to the extent that any of the following amounts were taken into account when determining such net income): (a) interest expense accrued (but not paid) for such period (excluding interest accrued in respect of any "zero coupon" Indebtedness and other similar Indebtedness for which interest is not due and payable); (b) depreciation and amortization expenses for such period; (c) the return of capital component of dividends received for such period (to the extent that such component is not reflected already in net income); (d) non-recurring extraordinary income and expenses, non-recurring special charges (such as restructuring charges, non-recurring asset write-downs, and costs and charges related to asset acquisitions and dispositions), and non-recurring costs or charges related to accounting charges for such period; provided, however, to the extent that the cash component of the expenses, costs and charges referred to in this clause (d) would exceed $10,000,000 in the aggregate for such period, such excess shall not be excluded from net income; (e) capital gains and losses for such period on any disposition of Investments in any Real Estate Companies that are Strategic Investees; and (f) unrealized gains and losses.
Examples of Cash Flow Available for Distribution in a sentence
Only defined Operating Expenses may be paid prior to the determination of Cash Flow Available for Distribution.
For so long as either OCD or the Borrower has accrued, outstanding interest due on its loan, the quarterly payment to OCD will be the lesser of (a) the accrued, outstanding interest on the Loan, or (b) OCD’s Share of the Cash Flow Available for Distribution.
CASH DISTRIBUTIONS TO PARTNERS In accordance with the Partnership's Amended and Restated Agreement of Limited Partnership, cash distributions to partners may be made from Cash Flow Available for Distribution, as defined.
Cash Flow Available for Distribution from O ption Premiums and Dividends(1) Volatility % of Porfolio Written O n10.0%15.0%20.0%23.0%30.0%Notes:(1) Net of withholding tax and expenses of the Fund (includes management fee and administrative expenses).(2) All figures as of January 22, 2015.
Reconciliation of Cash Flow Available for Distribution and ReinvestmentThe table below details cash receipts and payments that are not reflected on our income statement in order to provide an additional measure of management's estimate of cash flow available for distribution ("CAD").
More Definitions of Cash Flow Available for Distribution
Cash Flow Available for Distribution means, at any time, an aggregate amount, not less than zero, determined on a cumulative basis equal to the sum of, without duplication:
Cash Flow Available for Distribution means, with respect to a Person for a given period, such Person's net income for such period determined in accordance with generally accepted accounting principles (excluding capital gains and losses for such period on any disposition of Investments in any Real Estate Companies that are Strategic Investees, and to the extent included in net income, any unrealized gains and losses), except that cash dividends and other cash received from Investments in Consolidated Subsidiaries, other Subsidiaries or any other Persons shall be substituted for net income of Consolidated Subsidiaries and for equity in earnings of any such Subsidiaries or other Persons, plus the sum of the following amounts (but only to the extent that any of the following amounts were taken into account when determining such net income): (a) interest expense accrued but not paid for such period, plus (b) depreciation and amortization expenses for such period, plus (c) the return of the capital component of dividends received for such period (to the extent that such component is not reflected already in net income).
Cash Flow Available for Distribution. Fixed Charges", "Indebtedness", "Market Value", "Market Value Net Worth", "Principal Companies", "Revolving Credit Termination Date", "Strategic Investee", "Termination Date", "Total Liabilities", "Unencumbered Pool Value" and "Unsecured Liabilities" from Section 1.1. thereof in their entirety as follows:
Cash Flow Available for Distribution for any fiscal year shall mean the -------------------------------------- Operating Cash Flow for such year less Management Fees, Home Office Allocations, Debt Service and income taxes for such year.
Cash Flow Available for Distribution means receipts of the Company from any source, in the sole discretion of the Sole Member less any expenses related to the operations of the Company and any reasonable reserves that the Sole Member believes is necessary and appropriate.
Cash Flow Available for Distribution means, on a Project-by-Project basis: (a) cash receipts received by the Company from the sale of electricity from such Project, less (b) any operating expenses of the Company incurred with respect to (or reasonably allocable or attributable to) such Project (including, without limitation, expenses for operations, maintenance, insurance, legal, accounting, administrative and other expenses necessary for the operation of the Project.
Cash Flow Available for Distribution means, with respect to a Person for the four fiscal quarter period ending as of the date of determination, the sum of (a) such Person's net income for such period (exclusive of extraordinary gains and losses and any income or loss from nonrecurring activities of such Person), (b) depreciation and amortization deductions for such period (but only to the extent, in each case, that such taxes, expenses and deductions are reflected in the calculation of such Person's net income for such period), (c) interest expense accrued but not paid during such period and (d) the return of capital component of dividends received for such period (but only to the extent that such component is not reflected in the calculation of such Person's net income for such period).