Cash Flow Positive definition

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

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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 to 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.
Except as described in this Agreement to the contrary, Aon shall not request the payment of any amounts in the Credit Bank Account until after the earlier to occur of (1) a North American Cash Flow Positive Event (a “Cash Flow Trigger”) or (2) the third anniversary of the Effective Date of this Agreement (the “Three Year Anniversary Trigger”).
The Company shall pay Interest in cash by wire transfer of immediately available funds; provided, however, that prior to the date on which the Company becomes Cash Flow Positive, it may, in lieu of paying interest in cash on any Scheduled Interest Payment Date, pay interest “in kind” (a “PIK Amount”), which shall be capitalized and added on each Scheduled Interest Payment Date to the then outstanding principal amount of this Note.
For purposes of this Section 8.1(r), the Company shall be considered Cash Flow Positive for a fiscal quarter when its operating income less capital expenditures less working capital is greater than $0, and the Company shall be considered to have Close Cash Flow Visibility if it appears that the Company will become Cash Flow Positive in the following fiscal quarter.

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. 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, 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 and "Cash Flow Positive Amount" shall have the meanings ascribed to them on Schedule 1.5(a). ---------------

Cash Flow Positive. With respect to any fiscal period, any Real Estate owned by the Borrower and which is encumbered by a Non-Recourse Mortgage and as to which the operating revenues received by the Borrower from such Real Estate during such fiscal period exceeds the sum of (a) the aggregate amount of reasonable and necessary operating expenses which are incurred and paid or accrued by the Borrower during such period in connection with the ownership, maintenance and operation of such Real Estate, plus (b) the principal, interest and other amounts payable in respect of Indebtedness incurred by the Borrower or any of its Subsidiaries which is secured by the Non-Recourse Mortgage on such Real Estate during such period each as determined in accordance with generally accepted accounting principles. Centaur. Centaur Communications Ltd.

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.

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