Historical CFADS definition

Historical CFADS means, for any period, an amount equal to (a) the amount of Cash Flow during such period minus (b) all amounts paid during such period pursuant to Sections 3.3(c)(i) and 3.3(c)(ii) (P1 Revenue Account) of the P1 Accounts Agreement (other than any non-recurring fee paid to any Senior Secured Party) which amounts under this clause (b) shall exclude any such amounts that are P1 Project Costs, RCI EPC CAPEX (as defined in the Definitions Agreement), or RCI Owners’ Costs (as defined in the Definitions Agreement), in each case, to the extent funded with Indebtedness or equity.
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Historical CFADS means, without duplication:
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Historical CFADS for any period of four consecutive quarters ending prior to June 30, 2000 shall be equal to "Historical CFADS" for the period from and including the date of consummation of the Reorganization to and including the last day of such period, annualized on a simple arithmetic basis. SECTION . Hedging
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Examples of Historical CFADS in a sentence

  • HEC shall provide a certificate, signed by an Authorized Person of HEC, within 60 days after the end of each such quarter, certifying the ratio of Historical CFADS from Petroleum Properties to HEC's and its consolidated Subsidiaries' interest expense for such period as set forth above and the method used to calculate such ratio.

  • At the end of each fiscal quarter of HEC, the Historical CFADS from Petroleum Properties for the period of four consecutive quarters then ending (subject to the last sentence of this Section 4.34), determined on the basis of the financial statements and reports furnished pursuant to Section , will not be less than 200% of the interest expense of HEC and its consolidated Subsidiaries for such period.


More Definitions of Historical CFADS

Historical CFADS means, for any period, gross cash operating revenues properly allocable to Petroleum Property for such period less the following cash items: royalties, operating costs, severance, windfall profits and other wellhead taxes, general and administrative expenses and current income and other taxes properly allocable to such period and cash capital expenditures made during such period and properly allocable to a Petroleum Property owned as of the date of the most recent Reserve Report (other than cash capital expenditures (i) constituting the purchase price of any such Petroleum Property permitted to be purchased hereunder or (ii) exploration costs associated with any Petroleum Property owned as of the date of the most recent Reserve Report).
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Related to Historical CFADS

  • Historical data means data collected more than five years before the department’s date of listing or other determination under section 455B.194, subsection 1.

  • Historical Financial Statements means as of the Closing Date, (a) the audited consolidated balance sheets and related statements of income and cash flows of the Borrower for the Fiscal Years ended December 31, 2019 and December 31, 2020 and (b) the unaudited consolidated balance sheets and related statements of income and cash flows of Holdings for each fiscal quarter (other than the fourth fiscal quarter) ended after the most recent fiscal year of Holdings and at least forty-five (45) days prior to the Closing Date.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Company Audited Financial Statements has the meaning set forth in Section 3.11.

  • Historic resource means a publicly or privately owned historic building, structure, site, object, feature, or open space located within an historic district designated by the national register of historic places, the state register of historic sites, or a local unit acting under the local historic districts act, 1970 PA 169, MCL 399.201 to 399.215, or that is individually listed on the state register of historic sites or national register of historic places, and includes all of the following:

  • Current Financials means, at any time, the consolidated Financial Statements of the Companies most recently delivered to Administrative Agent under Section 7.1(a) or 7.1(b), as the case may be.

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Year-End Financial Statements has the meaning specified in Section 4.5.

  • Financials means the annual or quarterly financial statements, and accompanying certificates and other documents, of the Borrower and its Subsidiaries required to be delivered pursuant to Section 5.01(a) or 5.01(b).

  • Parent Financial Statements has the meaning set forth in Section 4.6(a).

  • Non-profit making companies means companies set up under the Companies Act, 1956/Companies Act 2013.

  • Closing Financial Statements has the meaning set forth in Section 6.22.

  • Target Financial Statements has the meaning set forth in Section 3.4(a).

  • Company Interim Financial Statements has the meaning specified in Section 4.08(a).

  • Audited Financial Statements means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended December 31, 2017, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto.

  • Company Financials means the Audited Financial Statements and the Interim Financial Statements.

  • Audited financial report means and includes those items specified in Section 5 of this regulation.

  • Audited Financials has the meaning specified in Section 4.6(a).

  • Peer Companies means the following companies which remain publicly traded throughout the entire TSR Measurement Period: AbbVie GlaxoSmithKline Amgen Johnson & Xxxxxxx AstraZeneca Merck Biogen Novartis Celgene Pfizer Xxx Xxxxx Xxxxx Gilead Sciences Sanofi Companies that were publicly traded as of the Award Date but are no longer publicly traded as of the end of the TSR Measurement Period shall be excluded, except that companies that are no longer publicly traded as of the end of the TSR Measurement Period due to filing for bankruptcy prior to the end of the TSR Measurement Period shall be assigned a Total Shareholder Return of -100% for the TSR Measurement Period. In the case of a merger or acquisition involving two Peer Companies during the TSR Measurement Period, the acquiree or merged company, as the case may be, shall be removed from the list of Peer Companies, and the acquirer or successor company, as the case may be, shall remain on the list of Peer Companies. In the case of a spinoff involving a Peer Company during the TSR Measurement Period, such company shall remain on the list of Peer Companies, provided that it remains an appropriate peer. Any new company formed as a result of the spinoff shall not be added to the list of Peer Companies for the current TSR Measurement Period (however, such company may be added to the list of Peer Companies for subsequent awards, if the Committee deems such inclusion appropriate). For the avoidance of doubt, following the closing of the Company’s acquisition of Celgene Corporation (“Celgene”), Celgene shall be has been removed from the list of Peer Companies.