Consolidated Adjusted Operating Cash Flow definition

Consolidated Adjusted Operating Cash Flow. Adjusted Operating Cash Flow of the Borrower and its Subsidiaries on a Consolidated basis.

Consolidated Adjusted Operating Cash Flow means, with respect to any period the Consolidated Net Income for such period increased by, to the extent deducted in computing Consolidated Net Income, the sum of (i) depreciation and (ii) amortization, determined on a consolidated basis in accordance with GAAP.

Consolidated Adjusted Operating Cash Flow means, for any period the sum of, without duplication, (a) Consolidated EBITDA, minus (b) cash payments of state and federal income and franchise taxes, minus (c) (i) all Capital Expenditures not in excess of $2,000,000 for each fiscal quarter during the fiscal year ending December 31, 1998, and (ii) all Capital Expenditures for each fiscal quarter during each fiscal year ending subsequent to December 31, 1998, plus (d) cash proceeds received by the Borrower or any of its Subsidiaries arising from the Mexican Sale/Leaseback Transaction.

Examples of Consolidated Adjusted Operating Cash Flow in a sentence

• The Borrowers will not permit the ratio of Consolidated Adjusted Operating Cash Flow (determined on a Pro Forma Basis, if applicable) for any Reference Period of the Borrowers ending on or after the Effective Date, to Consolidated Total Debt Service (determined on a Pro Forma Basis and/or annualized basis, if applicable) for such Reference Period, to be less than 1.00 to 1.00, determined as of the end of each fiscal quarter.

• The Borrowers will not permit the ratio of Consolidated Adjusted Operating Cash Flow (determined on a Pro Forma Basis, if applicable) for any Reference Period of the Borrowers ending on or after the Effective Date, to Consolidated Total Debt Service (determined on a Pro Forma Basis, if applicable) for such Reference Period, to be less than 1.00 to 1.0, determined as of the end of each fiscal quarter.

• This includes any unscheduled visitor anywhere on the House property• Visitors that are under the influence or KNOWN to be actively abusing drugs or alcohol will NOT be permitted in the home at any time• Visitors are NOT permitted upstairs anytime• Visitors that are disrespectful will be required to leave• Children must be monitored by the participant at all times and may NOT run through the home, make excessive noise, go upstairs or play on the stairs.

• The Borrowers will not permit the ratio of Consolidated Adjusted Operating Cash Flow (determined on a Pro Forma Basis, if applicable) for any Reference Period of the Borrowers ending on or after the Closing Date, to Consolidated Senior Debt Service (as determined on a Pro Forma Basis, if applicable) for such Reference Period, to be less than 1.25 to 1.0, determined as of the end of any fiscal quarter.

• The Loan Parties will not permit the ratio of Consolidated Adjusted Operating Cash Flow (determined on a Pro Forma Basis, if applicable) for any Reference Period of the Borrowers ending on or after January 31, 2017, to Consolidated Total Debt Service (determined on a Pro Forma Basis and/or annualized basis, if applicable) for such Reference Period, to be less than 1.05 to 1.00, determined as of the end of each fiscal quarter.

More Definitions of Consolidated Adjusted Operating Cash Flow

Consolidated Adjusted Operating Cash Flow means, for any period, the sum of the

Consolidated Adjusted Operating Cash Flow appearing in Section 1.1 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Consolidated Adjusted Operating Cash Flow. Adjusted Operating Cash Flow ----------------------------------------- of the Borrower and its Subsidiaries on a Consolidated basis.

Consolidated Adjusted Operating Cash Flow. Adjusted Operating Cash Flow of the Parent and its Subsidiaries on a Consolidated basis.

Consolidated Adjusted Operating Cash Flow means, for any period, the sum of the amounts for such period of (i) Adjusted Consolidated Net Income, (ii) Consolidated Interest Expense, to the extent such amount was deducted in calculating Adjusted Consolidated Net Income, (iii) income taxes, to the extent such amount was deducted in calculating Adjusted Consolidated Net Income (other than income taxes (either positive or negative) attributable to extraordinary and non-recurring gains or losses or sales of assets), (iv) depreciation expense, to the extent such amount was deducted in calculating Adjusted Consolidated Net Income, (v) amortization expense, to the extent such amount was deducted in calculating Adjusted Consolidated Net Income, and (vi) all other non-cash items reducing Adjusted Consolidated Net Income (other than items that will require cash payments and for which an accrual or reserve is, or is required by GAAP to be, made), less (x) all non-cash items increasing Adjusted Consolidated Net Income, all as determined on a consolidated basis for the Company and its Restricted Subsidiaries in conformity with GAAP, and (y) cash programming acquisition costs for the period under consideration; provided that, if any Restricted Subsidiary is not a Wholly Owned Restricted Subsidiary, Consolidated Adjusted Operating Cash Flow shall be reduced (to the extent not otherwise reduced in accordance with GAAP) by an amount equal to (A) the amount of Consolidated Adjusted Operating Cash Flow attributable to such Restricted Subsidiary multiplied by (B) the quotient of (1) the number of shares of outstanding Common Stock of such Restricted Subsidiary not owned on the last day of such period by the Company or any of its Restricted Subsidiaries divided by (2) the total number of shares of outstanding Common Stock of such Restricted Subsidiary on the last day of such period.

Consolidated Adjusted Operating Cash Flow means, for any period the sum of, without duplication, (a) Consolidated EBITDA, minus (b) cash payments of state and federal income and franchise taxes, minus (c) Maintenance Capital Expenditures.

Consolidated Adjusted Operating Cash Flow means, with respect to any Person for any period, the consolidated net cash provided by operating activities reflected in the operating activities section of such Person’s consolidated statement(s) of cash flows for such period, increased (without duplication) by: