Distributable Cash From Operations definition

Distributable Cash From Operations means Cash from Operations, as reduced by (i) any accrued and unpaid Asset Management Fee and (ii) after Payout, any accrued and unpaid Subordinated Resale Fee.

Distributable Cash From Operations means cash receipts from the ordinary day-to-day operations of the Partnership (including all interest on Partnership investments and mortgages held by the Partnership) without deduction for the management fee authorized by Paragraph G(3) of Article X payable to an Affiliate of the General Partner or for depreciation and amortization of intangibles such as organization, underwriting and debt placement costs but after deducting all other expenses, debt amortization and provisions for reserves established by the General Partner which it deems to be reasonably required for the proper operation of the business of the Partnership. "Distributable Cash from Operations" shall not include cash proceeds realized from the sale, exchange or other disposition of assets of the Partnership or from financing of Partnership property or the refinancing of any Partnership indebtedness.

Distributable Cash From Operations means Distributable Cash (a) received by the Company from ordinary operations or (b) that is not Distributable Cash from Capital Events, as determined by the Manager in its commercially reasonable discretion.

Examples of Distributable Cash From Operations in a sentence

• Pursuant to the Restated Agreement, as amended, Distributable Cash From Operations and Distributable Cash From Sales or Refinancings were allocated 99% to the Recognized Owners and 1% to the General Partners.

• Pursuant to the Restated Agreement, as amended, Distributable Cash From Operations and Distributable Cash From Sales or Refinancings were allocated 99% to the Limited Partners and 1% to the General Partner.

• Upon the removal, adjudication of bankruptcy or insolvency, dissolution or other cessation to exist as a legal entity of the General Partner, the General Partner's Partnership Interest and interest in Distributable Cash From Operations and its subordinated interest in Cash From Sales and Cash From Financings shall be purchased by the Partnership for a purchase price equal to the fair market value thereof determined pursuant to the provisions of Section 4 of this Paragraph B.

• The General Partner shall distribute as soon after the close of each Fiscal Quarter as is reasonably feasible all of the Distributable Cash From Operations for such Fiscal Quarter in the following manner: 1% to the General Partner, 5% to the Corporate Special Partner, 1% to the Individual Special Partner and 93% to the Limited Partners.

• The General Partner shall distribute as soon after the close of each Fiscal Quarter as is reasonably feasible all of the Distributable Cash From Operations for such Fiscal Quarter in the following manner: 1% to the General Partner, 9% to the Corporate Special Partner, 1% to the Individual Special Partner and 89% to the Limited Partners.

More Definitions of Distributable Cash From Operations

Distributable Cash From Operations means the funds provided from the Partnership's operations, rent payments, interest on the Partnership's cash and short-term investments and excess operation reserves, without deduction for non-cash expenses (such as cost recovery and amortization of imputed interest), but after deducting cash funds used to pay all other expenses (including asset management fees), debt payments, replacements, and capital improvements, together with a reasonable allowance for contingencies and reserves during the same period of time.

Distributable Cash From Operations. Any Distributable Cash as herein defined other than Distributable Cash from Sales or Refinancings.

Distributable Cash From Operations means, with respect to any period selected by the Partnership for accounting purposes, the excess of Available Cash from Operations for such period over amounts actually applied during such period to Additional Acquisitions.

Distributable Cash From Operations means all cash funds of the Partnership generated by operations or otherwise, which do not constitute proceeds arising from a liquidation of the Partnership or Distributable Cash from Capital Transactions, less: (i) current fees and expenses; (ii) principal amortization and interest payments required on all mortgage loans and other liabilities of the Partnership related to the Properties, but not the Real Estate Debt Investments since the Partnership will not borrow to acquire Real Estate Debt Investments; (iii) capital improvements and replacements with respect to the Properties; and (iv) reasonable reserves for the Partnership’s activities.

Distributable Cash From Operations shall not include cash proceeds realized from the sale, exchange or other disposition of assets of the Partnership or from financing of Partnership property or the refinancing of any Partnership indebtedness.

Distributable Cash From Operations means the funds provided from Partnership operations as determined under the Partnership’s method of accounting, including basic interest (but excluding additional interest) received from the Borrower under the terms of the Participating Note, cash and short-term investments, without deduction for non-cash expenses, but after deducting cash funds used to pay all other expenses and debt payments, if any.

Distributable Cash From Operations means cash receipts from the ordinary day-to-day operations of the Partnership (including all interest on Partnership investments and mortgages held by the Partnership) without deduction for depreciation and amortization of intangibles such as organization, underwriting and debt placement costs but after deducting all other expenses and debt amortization and provisions for reserves established by the General Partner which it deems to be reasonably required for the proper operation of the business of the Partnership. Distributable Cash From Operations shall not include cash proceeds realized from the sale, exchange or other disposition of assets of the Partnership or from financing of Partnership property or the refinancing of any Partnership indebtedness.