Facility Cash Flow definition

Facility Cash Flow has the meaning set forth in §15.7.1.
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Facility Cash Flow means the net income of Tenant arising from the Facility as reflected on the Facility Financial Statement plus [i] the amount of the provision for depreciation and amortization; plus [ii] the amount of the provision for management fees; plus [iii] the amount of the provision for income taxes; plus [iv] the amount of the provision for Base Rent payments and interest and equipment lease payments, if any relating to the Facility; minus [v] an imputed management fee equal to 5% of gross revenues (net of contractual allowances); and minus [vi] an imputed replacement reserve of $300 per licensed unit at the Facility, per year.
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Facility Cash Flow means the net income of Tenant arising from the Facility as reflected on the Facility Financial Statement plus [i] the amount of the provision for depreciation and amortization; plus [ii] the amount of the provision for management fees; plus [iii] the amount of the provision for income taxes; plus [iv] the amount of the provision for Base Rent payments and interest and equipment lease payments, if any; minus [v] an imputed management fee equal to 5% of gross revenues (net of contractual allowances); and minus [vi] an imputed replacement reserve of $250 per licensed unit at the Facility, per year. (b) "Facility Coverage Ratio" is the ratio of [i] Facility Cash Flow for each applicable period; to [ii] the Base Rent payments and all debt service and equipment lease payments relating for the applicable period.
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Examples of Facility Cash Flow in a sentence

  • If the Corporation’s Credit Facility Cash Flow for the twelve (12) months ended June 30, 2008 is less than $45,000,000, the Applicable Conversion Value shall be $10.(e) Upon Reclassification of Common Stock.

  • Subject to the limitations imposed --------- by the Facility, Cash Flow for each taxable year of the Company shall be distributed to the Interest Holders in proportion to their Percentages no later than seventy-five (75) days after the end of the taxable year.

  • As used herein, the term "FACILITY CASH FLOW LEVERAGE RATIO" as of any date shall mean the ratio of (i) Total Debt as of such date to (ii) the product of (A) the Facility Cash Flow for the three month period then ending multiplied by (B) 4.

  • Overtime and additional hours shall be divided and rotated as equally as possible according to seniority within the classification (see Schedule A) and among those employees who regularly perform such work, provided they are qualified to perform such work.

  • Borrower shall demonstrate to the satisfaction of Agent that, assuming the requested Advance, if any, had been disbursed and the applicable Acquisition, if any, had been consummated on the last day of the second month prior to the month in which the applicable Acquisition Closing Date is to occur, the Facility Cash Flow Leverage Ratio as of such last day would not exceed 3.5.

  • Borrower shall demonstrate to the satisfaction of Agent that, assuming the requested Additional Portion Advance had been disbursed on the last day of the second month prior to the month in which the applicable Funding Date is to occur, the Facility Cash Flow Leverage Ratio as of such last day would not exceed 3.5.

  • For the purpose of determining compliance with Section 9.1, there shall be taken into account only the Facility Cash Flow relating to Borrowing Base Properties owned by a Borrower or a Guarantor which is a Wholly Owned Subsidiary on the last day of the fiscal quarter as of which such determination is being made.

  • Board consensus was to move forward with Recycled Water Facility Cash Flow Reserve as presented with $8M.


More Definitions of Facility Cash Flow

Facility Cash Flow means, for purposes of the calculation of Cash Flow Rent, the sum of (i) the net income of the Facility for the applicable calculation period as reflected on the statement of income included in the Facility Financial Statement and as determined in accordance with GAAP (with the exception of the method of accounting for move in fees) less (ii) an assumed management fee equal to five percent (5%) of the Facility's gross revenues during the applicable calculation period and less (iii) $250 per unit per year as a capital expenditure reserve and less (iv) Insurance Payments made in the applicable calculation period plus (v) the amount of management fees reflected on the Facility Financial Statement for the applicable calculation period and plus (vi) the Cash Flow Rent paid by Tenant during the applicable calculation period and plus (vii) the amount of depreciation and amortization reflected on the Facility Financial Statement for the applicable calculation period and plus (viii) the general and professional liability insurance premium and SIR expense accruals reflected on the Facility Financial Statement for the applicable calculation period.
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Facility Cash Flow for any three-month period, the remainder of (i) the sum of (A) the Operating Cash Flow of Borrower and its Subsidiaries for such period plus (B) the Acquisition Operating Cash Flow Adjustment for such period plus (C) the Facility Cash Flow Adjustment for such period, minus (ii) the Operating Cash Flow of Borrower and its Subsidiaries derived from the operation of any Central Station Business(es) acquired by Borrower during such period or during the immediately preceding three-month period
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Facility Cash Flow means for purposes of the calculation of the Cash Flow Payments, the sum (without duplication) of the following amounts, all as reflected on the C:\Documents and Settings\LVB\Local Settings\Temporary Internet Files\OLK38F\Xxxx AGREEMENT 9 30 04 v31.doc - -
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Facility Cash Flow means, for purposes of the calculation of Cash Flow Rent, the sum of (i) the net income of the Facility for the applicable calculation period as reflected on the statement of income included in the Facility Financial Statement and as determined in accordance with GAAP (with the exception of the method of accounting for move in fees) less (ii) an assumed management fee equal to five percent (5%) of the Facility’s gross revenues during the applicable calculation period and less (iii) $250 per unit per year as a capital expenditure reserve and less (iv) Insurance Payments made in the applicable calculation period and less (v) the Equity Return Rent plus (vi) the amount of management fees reflected on the Facility Financial Statement for the applicable calculation period and plus (vii) the Cash Flow Rent paid by Tenant during the applicable calculation period and plus (viii) the amount of depreciation and amortization reflected on the Facility Financial Statement for the applicable calculation period and plus (ix) the general and professional liability insurance premium and SIR expense accruals reflected on the Facility Financial Statement for the applicable calculation period . 3360\019:05/27/04 --LEASE 7 TBARKE\COLUMBIA PACIFIC XXX\XXXXX XXXXXXX
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Facility Cash Flow means the net income of Tenant or Subtenant arising from its respective Facility as reflected on the Facility Financial Statement plus [i] the amount of the provision for depreciation and amortization; [ii] the amount of the provision for management fees; plus [iii] the amount of the provision for income taxes; plus [iv] the amount of the provision for Rent payments allocated to the respective Facility and interest and lease payments, if any, relating to the respective Facility; minus [v] an imputed management fee equal to 5% of gross revenues of the respective Facility (net of contractual allowances); and minus [vi] an imputed replacement reserve of $300 per licensed bed at the respective Facility, per year.
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Related to Facility Cash Flow

  • Excess Cash Flow means, for any period, an amount equal to the excess of:

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • Net Cash Flow means, with respect to the Property for any period, the amount obtained by subtracting Operating Expenses and Capital Expenditures for such period from Gross Income from Operations for such period.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Cash Flow mean net income after taxes, and exclusive of extraordinary gains and income, plus depreciation and amortization.

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of:

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

  • Operating Revenue Cash Flows means the Company’s cash flow from ownership and/or operation of (i) Properties, (ii) Loans, (iii) Permitted Investments, (iv) short-term investments, and (v) interests in Properties, Loans and Permitted Investments owned by any Joint Venture or any partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner.

  • Annualized Operating Cash Flow means, for any period of three complete consecutive calendar months, an amount equal to Operating Cash Flow for such period multiplied by four.

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Available Cash Flow means an amount, with respect to each Fiscal Year or portion thereof during the Term, equal to the excess, if any, of the Operating Profit over the Owner’s Priority.

  • Facility Amount means (a) prior to the end of the Revolving Period, $250,000,000, unless this amount is permanently reduced pursuant to Section 2.5 or increased pursuant to Section 2.8, in which event it means such lower or higher amount and (b) from and after the end of the Revolving Period, the Advances Outstanding.

  • Performing Cash Pay Mezzanine Investments means Mezzanine Investments (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semi-annual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Excess Cash Flow Period means each fiscal year of the Borrower, commencing with the fiscal year of the Borrower ending on December 31, 2016.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Consolidated First Lien Net Debt means Consolidated Total Net Debt minus the sum of (i) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is not secured by any Lien on the Collateral and (ii) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is secured by Liens on the Collateral, which Liens are expressly subordinated or junior to the Liens securing the Obligations.

  • Excess Cash Flow Payment Period means, with respect to the repayment required on each Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Consolidated Excess Cash Flow means, for any period, an amount (if positive) equal to:

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Net Working Capital Target means $0.00.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.