Company Cash Flow definition

Company Cash Flow means, with respect to each calendar quarter, the gross amount of cash or cash equivalents received or generated by the Company during such quarter, without reduction for any expenses paid or incurred by the Company.

Company Cash Flow for any period means the excess, if any, of (A) the sum of (i) all gross receipts from any source for such period, other than from Company loans, Capital Transactions and Capital Contributions, and (ii) any funds released by the Company from previously established reserves, over (B) the sum of (i) all cash expenses paid by the Company for such period (including any compensation to the Members and their Affiliates); (ii) all amounts paid by the Company in such period on account of the amortization of the principal of any debts or liabilities of the Company (including loans from any Member); (iii) capital expenditures of the Company; and (iv) a reasonable reserve for future expenditures as provided by Section 13.4; provided, however, that the amounts referred to in (B) (i), (ii) and (iii) above shall be taken into account only to the extent not funded by Capital Contributions, loans or paid out of previously established reserves. Such term shall also include all other funds deemed available for distribution and designated as Company Cash Flow by the Managing Board.

Company Cash Flow means, for any Fiscal Quarter, (a) the Company Cash Balance for the end of such Fiscal Quarter minus (b) the Company Cash Balance for the end of the immediately preceding Fiscal Quarter.

Examples of Company Cash Flow in a sentence

• Notwithstanding anything contained in the Agreement to the contrary, the Manager, in the Managers sole and absolute discretion, may use all or a portion of the Company Cash Flow to establish and fund a discretionary reserve(s) from time to time and in such amounts to be determined in the Managers sole and reasonable discretion taking into account such factors as anticipated current and future cash requirements of the Company.

• Prior to the dissolution of the Company, Cash Flow from Operations and Cash from Sales or Refinancing, if any, remaining after repayment of any loans made by the Members to the Company shall be distributed quarterly by the Managers as Cash Distributions according to the relative percentage Membership Interests of the Members and Economic Interest Owners.

• Except as otherwise provided in Section 4.7.1 with respect to distributions upon liquidation of the Company, Cash Flow for each Fiscal Year of the Company shall be distributed to the Interest Holders in proportion to their Percentages at such time or times and in such aggregate amounts as may be determined by the Managers.

• Prior to the dissolution of the Company, Cash Flow from Operations and Cash from Sales or Refinancing, if any, remaining after repayment of any amounts then due on loans made by the Members to the Company shall be distributed quarterly as Cash Distributions according to the relative percentage Membership Interests of the Members.

• After repayment of any loans made by the Members to the Company, Cash Flow from Operations and Cash from Sales or Refinancing shall be allocated, or distributed as Cash Distributions according to the Economic Interests of the Members and Economic Interest Owners which, subject to the provisions of Section 6.6 and Article VII, initially shall be in accordance with their respective Membership Interests shown on Schedule A attached hereto.

More Definitions of Company Cash Flow

Company Cash Flow means, for any period, the sum of the amounts, without duplication, of (i) Net Income of PacifiCare

Company Cash Flow means, for any period, the sum of the amounts, without duplication, of (i) Net Income of the Covenant Parties for such period, (ii) royalty cash flows received in cash (either by dividend, intercompany transfer or line of credit transfer) by the Covenant Parties during such period, (iii) other dividends (non-royalty) or subordinated loan payments received in cash by the Covenant Parties during such period, (iv) depreciation and amortization for the Covenant Parties to the extent deducted from Net Income for such period, (v) for any period during 2001, certain extraordinary non-recurring disposition, restructuring, debt financing or other charges to the extent deducted from Net Income for such period in an aggregate amount not to exceed $8 million, (vi) Consolidated GAAP income taxes expensed during such period, (vii) interest expense expensed in accordance with GAAP by the Covenant Parties in respect of such period, (viii) for any period which includes the third quarter or fourth quarter of 2001, any tax payment relating to audits by the Internal Revenue Service (IRS) for prior years paid during such period in an aggregate amount not to exceed $14 million and (ix) any tax refund received by the Covenant Parties during such period less (i) all capital infusions made during such period by the Covenant Parties into Subsidiaries that are not Loan Parties, (ii) all Capital Expenditures made by the Covenant Parties in cash for such period and (iii) Consolidated income taxes paid in cash or required to be paid, to taxing authorities by the Covenant Parties, including, without limitation, in accordance with any tax sharing agreement that any Covenant Party may be a party to, during such period.

Company Cash Flow means (without duplication), for any period, the sum of (a) OLP "A" EBITDA for such period, (b) the EBITDA of the Subsidiary Borrower for such period, (c) the EBITDA of OLP "C" for such period, (d) cash distributions actually received by the Company from OLP "D" for such period in respect of its Capital Stock (but not in excess of an amount equal to the EBITDA of SFPP for the same period less the sum for such period of (i) all scheduled payments of principal in respect of Indebtedness of SFPP, including the principal component of any such payments in respect of Capital Lease Obligations, (ii) Interest Expense of SFPP, and (iii) without duplication the amount of all Maintenance Capital Expenditures), (e) the EBITDA of any other Wholly-Owned Restricted Subsidiary that is a Subsidiary Guarantor whose Capital Stock secures the Obligations for such period, and (f) cash distributions actually received by the Company from any other Restricted Subsidiary (other than a Wholly-Owned Restricted Subsidiary) whose Capital Stock secures the Obligations for such period; provided, however, if during any period the Company acquires any Person or all or substantially all of the assets of any Person, the EBITDA attributable to such assets or an amount equal to the percentage ownership of the Company in such Person times the EBITDA of such Person, for such period determined on a pro forma basis (which determination, in each case, shall be subject to approval of the Required Lenders, not to be unreasonably withheld) may be included as Company Cash Flow for such period, if on the date of such acquisition no Indebtedness (other than Indebtedness permitted pursuant to Section 6.01) is incurred by reason of and giving effect to such acquisition and such Person or the entity acquiring such assets, as the case may be, is a Restricted Subsidiary.

Company Cash Flow means the consolidated or combined Cash Flow of the Company and all Permitted Investments, all as set forth on the Reviewed Financial Statements. In determining Company Cash Flow:

Company Cash Flow means (without duplication), for any period, the sum of

Company Cash Flow for any period means the excess, if any, of (A) the sum of (i) all cash revenues from any source for such period, other than from Company loans, Capital Transactions, Capital Contributions, and (ii) any funds released by the Company from previously established reserves, over (B) the sum of (i) all cash expenses paid by the Company for such period, (ii) all amounts paid by the Company in such period on account of the amortization of the principal of any debts or liabilities of the Company (including loans from any Member), (iii) capital expenditures of the Company, and (iv) a reasonable reserve for future expenditures as provided by Section 12.2; PROVIDED, HOW EVER, that the amounts referred to in (B) (i), (ii), and (iii) above shall be taken into account only to the extent not funded by Capital Contributions, loans, or paid out of previously estab lished reserves. Such term shall also include all other funds deemed available for distribution and designated as Company Cash Flow by the Members.

Company Cash Flow for any period means the excess, if any, of