Cash Operating Expenses means the sum of Regional Expenses and Corporate Expenses, as each such item is shown on the financial statements of the Borrower.
Cash Operating Expenses means, for any period, the sum (without duplication) of the following for the Company and its Subsidiaries:
Cash Operating Expenses means, for any period, an amount equal to, without duplication, (a) the sum of (i) operating expenses and (ii) capitalized software and research and development costs, minus (b) the sum of (i) stock-based compensation solely to the extent not included in the calculation of cost of net revenues, (ii) depreciation and amortization solely to the extent not included in the calculation of cost of net revenues, (iii) restructuring and reorganization costs not to exceed $2,000,000 in any fiscal quarter, (iv) integration costs, (v) expenses related to the portion of any sales proceeds advanced to a Creator prior to the completion or fulfillment of the underlying sales obligations that are in excess of $2,000,000 in any fiscal quarter (it being understood that only such excess amount shall be included in this clause (v)) and (vi) other one-time charges.
Examples of Cash Operating Expenses in a sentence
The Partnership shall pay and discharge, at or before maturity, all its obligations and liabilities, including, without limitation, Cash Operating Expenses and tax liabilities, except where the same may be contested in good faith, and maintain, in accordance with GAAP, appropriate reserves for the accrual of any of the same.
Revenues less Cash Operating Expenses (a-b) $ (524,550)$ (337,525)$ 76,475$ 290,900$ 187,600$ 187,600$ 187,600$ 187,600$ 187,600$ 187,600d.
The aggregate amount of Cash Operating Expenses for the most recent fiscal quarter for which financial statements have been delivered to Lenders pursuant to Section 5.01 shall not exceed $23,500,000.
Reference: AE Application, Volume II, Tab Cash Operating Expenses, Schedule 5.23 The Reserve is used to fund potential claims that are not otherwise insured.
Under this method, cash from operations is ascertained as under: Cash from operations = Cash Sales - Cash purchases and Cash Operating Expenses.
More Definitions of Cash Operating Expenses
Cash Operating Expenses for any period shall mean the sum of the following items actually paid during such period: Direct Costs, workers' compensation costs, mobilization costs, capital expenditures permitted hereunder, costs of maintaining shore-based field offices and support services maintained exclusively with and for the benefit of the Hunter or Eagle Vessels and allocated in accordance with the Management Agreements and taxes and other operating costs incurred in the normal course of business. Cash Operating Expenses shall in no event include Gross Overhead.
Cash Operating Expenses as of any date of determination, the sum of the following items actually paid in cash by the Borrower and arising out of the conduct of its business in the ordinary course: (i) interest expense on recourse debt; (ii) selling, general and administrative expenses and sales commissions, excluding amortization of initial direct costs but including any initial direct costs actually paid in cash during the current accounting period; and (iii) all other expenses paid in cash; provided, however, that "Cash Operating Expenses" shall not include any bad debt expense.
Cash Operating Expenses means, for any period, an amount equal to, without duplication, (a) the sum of (i) operating expenses and(ii) capitalized software and research and development costs, minus (b) the sum of (i) stock-based compensation solely to the extent not included in the calculation of cost of net revenues, (ii) depreciation and amortization solely to the extent not included in the calculation of cost of net revenues,(iii) restructuring and reorganization costs not to exceed $2,000,000 in any fiscal quarter, (iv) integration costs, (v) expenses related to the portion of any sales proceeds advanced to a Creator prior to the completion or fulfillment of the underlying sales obligations that are in excess of $2,000,000 in any fiscal quarter (it being understood that only such excess amount shall be included in this clause (v)) and (vi) other one-time charges.
Cash Operating Expenses means, with reference to any period, the aggregate amount of all Operating Expenses paid in cash by Operator related to the operation of the New Card Rooms.
Cash Operating Expenses is added to Section 1.01 as follows:
Cash Operating Expenses means all Operating Expenses per section
Cash Operating Expenses means, for the Borrower and its Subsidiaries, the sum of (x) direct vessel operating expenses (including, without limitation, expenses on crew, provisions, deck and engine stores, lubricating oil, insurance, maintenance, repairs, surveys and drydocks), (y) general and administrative expenses and (z) expenses primarily consisting of port, canal, commissions and fuel costs that are unique to a particular voyage, which otherwise would be customarily paid by a charterer under a time charter contract (and which have otherwise not been paid by any Person, other than the Borrower and its Subsidiaries (or any Person on their behalf)), minus non-cash expenses included in clauses (x), (y) and (z) above.