Gross Cash Flow definition

Gross Cash Flow means, for any period, the aggregate sum, for the Company and its Restricted Subsidiaries, of (i) cash receipts of any kind or character (but excluding (A) distributions, if any, from CMSLP, and (B) cash flows in respect of Match Funded Assets), and (ii) without duplication, accruals on assets held (other than Match Funded Assets), as long as payment on such accruals is not delinquent by more than 45 days from scheduled receipt.

Gross Cash Flow has the meaning set forth in Section 5.18(b).

Gross Cash Flow means, for any period, an amount equal to the sum of (i) Net Income, plus (ii) to the extent deducted in determining Net Income, (A) interest expense, (B) income tax expense, (C) depreciation and amortization, and (D) all other non-cash charges determined in accordance with GAAP, plus (iii) cash contributions by owners, less (iv) distributions to owners. “Net Income” means, for any period, the net income (or loss) for such period in accordance with GAAP, but excluding therefrom (to the extent otherwise included therein) (i) any extraordinary gains or losses, and (ii) any gains attributable to write-ups of assets. “Debt Service” means, for any period, all annual debt service, including principal and interest payments, due on all debt obligations during the applicable period.

Examples of Gross Cash Flow in a sentence

• Compass Group must do or cause to be done all those activities and things set out in Attachment A to this Deed.

• Each of the parties to any dispute shall bear its costs and expenses incurred in connection with such dispute, except that the fees and expenses of the Independent Accounting Firm shall be borne either by Buyers, on the one hand, or by Sellers, on the other hand, based on which Party’s estimate of the Aggregate Gross Cash Flow was farthest from that determined by the Independent Accounting Firm.

• Promptly following the end of the Applicable Period but in any event no later than the Escrow Release Date, Buyers shall deliver a copy of their calculation of the Aggregate Gross Cash Flow (as defined in Section 10(f) below) and supporting documentation to Sellers.

• The calculations of the Aggregate Gross Cash Flow as agreed to by Buyers and Sellers or determined by the Independent Accounting Firm, shall be final and binding on Buyers and Sellers.

• In certain circumstances, if these covenants are violated and a waiver is not obtained for such violation, this may, amongst other things, mean that the facility may be repayable on demand.Westcon International has an invoice assignment facility of €390.6 million for its European subsidiaries, as well as an extended payables facility of US$116.2 million.

More Definitions of Gross Cash Flow

Gross Cash Flow means, for any period, the sum, for the Company and its Subsidiaries (determined on a consolidated basis without duplication in accordance with GAAP, and adjusted on a pro form basis as if the Company had acquired LCS and its Subsidiaries on October 1, 1998), of the following:

Gross Cash Flow means Net Profit after Tax plus depreciation, amortization and noncash extraordinary losses, minus extraordinary gains. Long Term shall mean beyond the on-going twelve month period. Long Term Debt shall mean payment obligations of indebtedness which mature more than twelve months from the date of determination, or mature within twelve months from such date but are renewable or extendible at the option of the debtor to a date more than twelve months from the date of determination. ATTACHMENT A TO AMENDED AND RESTATED TERM AND REVOLVING CREDIT AGREEMENT

Gross Cash Flow. (defined as revenues of the Borrower less customary and traditional expenses of the Borrower pursuant to Generally Accepted Accounting Principles less a Forty Percent (40.00%) provision made for income taxes, less a provision for dividend payments made to preferred shareholders of the Borrower in the annual aggregate amount of Fifty Seven Thousand Six Hundred Dollars ($57,600), the total of which is then multiplied by.

Gross Cash Flow means, for any period, an amount equal to the sum of (1) Net Income, plus (2) to the extent deducted in determining Net Income, (A) interest expense, (B) income tax expense, (C) depreciation and amortization, and (D) all other non-cash charges determined in accordance with generally accepted accounting principles, plus (3) cash contributions by owners, less (4) distributions to owners. “Net Income” means, for any period, the net income (or loss) for such period in accordance with generally accepted accounting principles, but excluding therefrom (to the extent otherwise included therein)

Gross Cash Flow means the aggregate amount of all net income plus depreciation, amortization and all other non-cash expenses generated by the Project during a certain period.

Gross Cash Flow means for any period of the Term, the sum of:

Gross Cash Flow and "Rent" which have a defined meaning in both the Lease and the Victorian Lease are to be construed in this agreement as meaning the aggregate of the relevant amounts as determined in accordance with each of the Lease and the Victorian Lease.