Cash Flow Positive definition

Cash Flow Positive means, in respect of any Acquisition, as at the date of the Acquisition and for any prospective period, the sum of projected EBITDA of or relating to the Target for such period:

Cash Flow Positive shall have the meaning given in Section 6.11

Cash Flow Positive on the last day of any period of six consecutive months if the cash flow from operations realized by the Corporation for that six-month period, in accordance with generally accepted accounting principles, is positive.

Examples of Cash Flow Positive in a sentence

• If either (a) HLTT gives notice of Abandonment to PTG that is not followed by a Reversion or (b) within three years after commencement of a Reversion, HWC has not achieved a Cash Flow Positive period at any time, then at any time thereafter (if but only if HWC has not at any time achieved a Cash Flow Positive period) either HLTT or PTG (the “Offeror”) may give written notice to the other (the “Recipient”) of a “Buyout”.

• If within three years after commencement of the Reversion, HWC achieves Cash Flow Positive, as defined above, then HLTT will assign t PTG that number of shares of HWC common stock as will cause the ratio of common stock owned by PTG (excluding common stock issued on conversion of Series A Preferred Stock) to common stock owned by HLTT to equal the ratio of PTG’s capital contributions to HWC to HLTT’s capital contributions to HWC.

• The “Conversion Date”, on which the Conversion shall occur, will be the first date on which either (a) the Corporation is Cash Flow Positive or (b) the aggregate contributions to the capital of the Corporation and the capital of Predictive Biotech, Inc., a Utah corporation, made after the date of filing of this Certificate of Designation shall equal Three Million Five Hundred Thousand Dollars ($3,500,000).

• Cash / ST Investments $226M* Accounts Receivable $44M Questcor is Cash Flow Positive Debt-free balance sheet Debt-free balance sheet *After return of $78 million of cash to shareholders through share repurchases.

• If either (a) HLTT gives notice of Abandonment to PTG that is not followed by a Reversion or(b) within three years after commencement of a Reversion, HWC has not achieved a Cash Flow Positive period at any time, then at any time thereafter (if but only if HWC has not at any time achieved a Cash Flow Positive period) either HLTT or PTG (the “Offeror”) may give written notice to the other (the “Recipient”) of a “Buyout”.

More Definitions of Cash Flow Positive

Cash Flow Positive means that the Company has achieved net positive cash flow from operations (determined in accordance with GAAP after deducting capital expenditures in an aggregate amount not to exceed $500,000) of at least $750,000 for three (3) consecutive fiscal quarters

Cash Flow Positive shall have the meaning attributed ------------------ ------------------ to it in the attached Exhibit B. ---------

Cash Flow Positive no later than the Measuring Date shall mean that during any three month period prior to the Measuring Date, Issuer’s business, operated in the ordinary course consistent with past practice, has generated cash receipts during such period in excess of Issuer’s cash disbursements during such period. Issuer will notify Purchaser of the achievement of the Conditions within a reasonable period of time thereafter. For purposes hereof, the “Unit Conversion Price” shall mean $0.99

Cash Flow Positive at any date of determination, with respect to ------------------ any Unrestricted Group Member or any newly acquired Subsidiary, the circumstance that, for the most recent period of four consecutive fiscal quarters for which financial information has been delivered pursuant to Section 5.1(a) or (b) (or, in the case of a newly acquired Subsidiary, for the most recent period of four consecutive fiscal quarters (whether prior to or after such Person became a Subsidiary) for which the relevant financial information with respect to such Subsidiary is available), the Subsidiary EBITDA of such Unrestricted Group Member or Subsidiary was positive for such period, determined on a pro forma basis after giving --- ----- effect to executed programming contracts (whether or not then in effect) and to launch, marketing and other costs associated with the Fox Sports Net association. In the event that an RSN is owned by a Subsidiary that has other businesses or operations, such Subsidiary shall be deemed to be "Cash Flow Positive" in the event that a Subsidiary whose businesses and operations were limited to such RSN would qualify as Cash Flow Positive in accordance with this definition, provided that, in any event, Specified -------- Divisions shall continue to be disregarded for the purposes of any calculation pursuant to this Agreement relating to financial matters with respect to the Restricted Group Members.

Cash Flow Positive means Quarterly EBITDA in an amount greater than $0.00, and "Cash Flow Positive Amount" shall mean any such amount.

Cash Flow Positive no later than the Measuring Date shall mean that during any three month period prior to the Measuring Date, the Company’s business, operated in the ordinary course consistent with past practice, has generated cash receipts during such period in excess of the Company’s cash disbursements during such period.

Cash Flow Positive means that, for a fiscal period, the Company’s cash flows from operating activities is positive (i.e., net cash is provided by operating activities as opposed to net cash being used by operating activities) for such period, as determined in accordance with generally accepted accounting principles consistently applied.