Free Operating Cash Flow definition

Free Operating Cash Flow to the extent thereof, for the purpose of funding the capital expenditures under the Approved Plan of Development. “Free Operating Cash Flow” is defined as net cash flow from operating activities, minus payments for general and administrative expenditures permitted under the Loan Agreement, minus interest expense, fees, expenses, and principal, if any, paid during such period in respect of Revolving Loan, and minus the Permitted Nicaraguan Contributions (as defined below), if any.
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Free Operating Cash Flow means, in respect of any Relevant Period, EBITDA for that Relevant Period:
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Free Operating Cash Flow means the cumulative total over the immediately preceding four calendar quarters of Operator's cash flows from operating activities, as determined in accordance with generally accepted accounting principles consistently applied and reported in Operator's statement of cash flows. Payments to RIN under the provisions of Article VI shall be deducted in calculating Free Operating Cash Flow to the extent such payments have been paid and have not been deducted pursuant to the preceding sentence. The following items shall be excluded from, and have no effect on, the calculation of Free Operating Cash Flow: (i) any accelerated write-offs or write-downs of intangible assets (such as software or goodwill) or fixed assets, (ii) depreciation and amortization, (iii) expenditures which in the ordinary course of business would typically be funded through financing activities (this provision is not intended to include normal purchases of computer equipment, but is intended to include major leasehold improvements or large scale replacement of computer technology).
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Examples of Free Operating Cash Flow in a sentence

  • Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as cash provided by operations (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.

  • Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.

  • IndustrialWidiaInfrastructure(in thousands, except percents)SalesOperating incomeSalesOperating incomeSalesOperating income Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.

  • Borrower and Guarantors have requested that Lender temporarily waive the Existing Defaults and additional defaults under the provisions covered by the Existing Defaults, excluding, however, the following (the “Excluded Defaults”): (i) any additional defaults under the additional debt prohibitions in Subsection (h) of Section 7 of the Loan Agreement, and (ii) any additional defaults under the use of Free Operating Cash Flow prohibitions in Subsection (h) of Section 8 of the Loan Agreement.

  • IndustrialWidiaInfrastructure(in thousands, except percents)SalesOperating income(2)SalesOperating income(2)SalesOperating income(2) Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.

  • THREE MONTHS ENDED DECEMBER 31, 2023 (UNAUDITED)Metal CuttingInfrastructure(in thousands, except percents)SalesOperating incomeSalesOperating income Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.

  • THREE MONTHS ENDED SEPTEMBER 30, 2021 (UNAUDITED)Metal CuttingInfrastructure(in thousands, except percents)SalesOperating incomeSalesOperating income Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.

  • THREE MONTHS ENDED SEPTEMBER 30, 2020 (UNAUDITED) Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.

  • A marked improvement of 46% (47% against the Adjusted figure) was recorded in Free Operating Cash Flow for the half-year, with a consequent positive impact on the Group Net Debt, which decreased by 25% compared with the first six months of 2022.

  • THREE MONTHS ENDED MARCH 31, 2022 (UNAUDITED)Metal CuttingInfrastructure(in thousands, except percents)SalesOperating incomeSalesOperating income Free Operating Cash Flow (FOCF)FOCF is a non-GAAP financial measure and is defined by the Company as net cash flow provided by operating activities (which is the most directly comparable GAAP financial measure) less capital expenditures plus proceeds from disposals of fixed assets.


More Definitions of Free Operating Cash Flow

Free Operating Cash Flow means for any period Consolidated EBITDA and the change (expressed as a negative number in the event of an increase or a positive number in the event of a decrease) for such period in working capital accounts (which shall include as part of current assets inventory reported as long-term assets) less Capital Expenditures for such period.
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Free Operating Cash Flow means, in respect of any Relevant Period, Consolidated EBITDA for that Relevant Period after: Adding:
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Free Operating Cash Flow means, in respect of any Relevant Period, Consolidated EBITDA for that Relevant Period after: adding: • any decrease in the amount of Working Capital; • any cash receipt in respect of any exceptional or extraordinary item (including, without limitation, the proceeds of the sale of any assets other than material part of the business disposal proceeds or the proceeds from the disposal of a material asset); • any increase in provisions, other non-cash debits and other non-cash charges taken into account in establishing Consolidated EBITDA; and deducting: • any amount of Capital Expenditure actually made by FreeSeas Inc.; • any increase in the amount of Working Capital; • any cash payment in respect of any exceptional or extraordinary item; • any amount actually paid or due and payable in respect of taxes on the profits of FreeSeas Inc.; • any decrease in provisions and other non-cash credits taken into account in establishing Consolidated EBITDA; and so that no amount shall be included more than once. Gearing means, total debt divided by Tangible Net Worth.
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Free Operating Cash Flow means at any time, the amount of cash flow of the Borrower and its Subsidiaries from operations, determined on a consolidated basis, for the most recently completed fiscal year, less repayment of Capital Lease liabilities, scheduled payment of Funded Debt, and the amount of Capital Expenditures of the Borrower and its Subsidiaries for such fiscal year.
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Free Operating Cash Flow means funds from operations minus capital expenditures and minus {plus} the increase {decrease} in working capital (excluding changes in cash, marketable securities, and short-term debt).
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Free Operating Cash Flow means the cumulative total over the immediately preceding four calendar quarters of Operator's cash flows from operating activities, as determined in accordance with generally accepted accounting principles consistently applied and reported in Operator's statement of cash flows. Payments to RIN under the provisions of Article VI shall be deducted in calculating Free Operating Cash Flow to the extent such payments have been paid and have not been deducted pursuant to the preceding sentence. The following items shall be excluded from, and have no effect on, the calculation of Free Operating Cash Flow: (i) any accelerated write-offs or write-downs of intangible assets (such as software or goodwill) or fixed assets,
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Related to Free Operating Cash Flow

  • 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.

  • 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.

  • Net Cash Flow means the gross cash proceeds to the Company from all sources, less the portion thereof used to pay or establish reserves for Company expenses, debt payments (including payments on Member Loans), capital improvements, replacements and contingencies, all as determined by the Member.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • 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:

  • net non-operating income means the difference between:

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

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

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period excluding, however, any interest expense not payable in Cash (including amortization of discount and amortization of debt issuance costs).

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.