Monthly Cash Flow means, for each calendar month during the Term, the actual gross receipts of revenue and income from the operation of the Premises, the Hotel, and/or the Hotel Business for such month, as determined in accordance with the cash receipts method of accounting. Monthly Cash Flow shall not include any Capital Event Proceeds.
Monthly Cash Flow means the average, for each ----------------- of the twelve complete Accounting Periods preceding the date of termination of this Agreement, of the excess of the Gross Revenues over the sum of the Rent and Gross Operating Expenses (including any and all expenses and fees payable under the Management Agreement) attributable to such Accounting Periods.
Monthly Cash Flow means the net income of Tenant as reflected on the income statement of Tenant 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 interest and lease payment, if any; less [v] the amount of the provision for Rent payments.
Examples of Monthly Cash Flow in a sentence
With each Contractor Quantity Estimate (CQE), the Contractor shall submit an Activity Cost Report and Cash Flow Projection that includes all activities grouped by Contract Bid Item.The Activity Cost Report shall be generated from the Schedule of Record and shall be the basis of the Monthly Cash Flow Projection.
Ms. McKee described the trends that are demonstrated by the Tracking of the Monthly Cash Flow feature as well as the dashboard indicators.
In furtherance thereof, Operator shall provide to Owner monthly cash flow forecasts covering the next ninety (90) days of the Hotel’s financial needs as part of Operator’s Monthly Cash Flow Forecast.
Monthly Cash Flow Child Care and Early Years Child Care Monthly cash flow for child care operating funding will be updated based on the revised 2019 budget schedule in multi-year Child Care Transfer Payment Agreement once the 30 day time period within which the CMSM or DSSAB has the right to terminate the Agreement has passed.
Monthly Cash Flow Report projected through end of the project with the baseline projected cash flow remaining unchanged for the duration of the project and actual cash flow updated on a monthly basis.
More Definitions of Monthly Cash Flow
Monthly Cash Flow means a certificate in the form of Certificate Exhibit D attached hereto and made a part of this Restated Agreement for all purposes which indicates the monthly cash flow of the Borrower and the additional commitment reduction amount referred to in Section 6(ii) of this Restated Agreement.
Monthly Cash Flow means, on a cash basis, for the applicable calendar month (beginning with the calendar month in which the Initial Production Date shall occur), any positive dollar amount that results after subtracting from the gross proceeds received during such calendar month by Louisiana Shelf Partners, L.P. and attributable to or in lieu of production from all of the oil and/or gas wells completed on the Leases in which Louisiana Shelf Partners, L.P. has any interest including, without limitation, the First Well (collectively, the "LSP Wells"), the following (without duplication), to the extent actually paid by Louisiana Shelf Partners, L.P. during such month: (a) any royalty and overriding royalty payments in respect of royalty and overriding royalty interest presently burdening the LSP Wells, and (b) any lease operating expenses for the LSP Wells (but in no event including any expenses for drilling, completing or reworking the LSP Wells or for pipeline or facilities construction, whether incurred prior to or after first production of any such Well). Notwithstanding the foregoing, if, despite Borrower's commercially reasonable best efforts set forth in clause (v) below, Louisiana Shelf Partners, L.P sells, transfers, assigns or farms out any of its right, title and interest in the Leases, Monthly Cash Flow shall also include the net proceeds (i.e., gross proceeds less reasonable out-of-pocket
Monthly Cash Flow means a certificate in the form of Certificate
Monthly Cash Flow. Statement: as defined in Section 2.3(a).
Monthly Cash Flow means either (i) the aggregate of all rents received on leases for leasing some or all of the Bake Parkway Building, or (ii) in the case a joint venture with Xxxxx OP is formed in the future, as contemplated by paragraph 3 below, the amount of cash flow distributions received by the Fund VIII-IX Joint Venture from said new joint venture. It is the intent of the foregoing rental income guaranty that the release by the Fund VIII-IX Joint Venture of Matsushita's current lease obligations under the Existing Matsushita Lease will not result in a direct economic detriment to the Fund VIII-IX Joint Venture.
Monthly Cash Flow means, for each month, the amount listed as EGI's "cash flow due to operating activities" for such month as set forth in EGI's monthly consolidated direct cash flow statement, a form of which is attached hereto as Schedule 1-B(x), furnished to the Lenders pursuant to Section 6.01(3) of the Agreement. For the avoidance of doubt, EGI's "cash flow due to operating activities" shall equal the difference between EGI's consolidated operating cash revenues and EGI's consolidated operating cash expenses, in each case based upon the categories of operating cash revenues and operating cash expenses listed in the form of EGI's monthly consolidated direct cash flow statement attached hereto as Schedule 1-B(x). ANNEX II EXHIBIT N-B TO MORTGAGE LOAN WAREHOUSING AGREEMENT DATED AS OF JUNE 30, 1998, AS AMENDED SCHEDULE OF PERMITTED SECURED DEBT AND PERMITTED OTHER DEBT ----------------------------------------------------------- PERMITTED SECURED DEBT OF HOMEGOLD & CII:
Monthly Cash Flow means the cash flow of the Company for a calendar month, calculated pursuant to the Company’s normal accounting practices. To exercise its right to suspend payment of a Deferred Payment, the Company, prior to the due date of the applicable installment, must deliver to Executive a written notice that states that the Company (i) is exercising its right to suspend payment of a Deferred Payment under this Section 6(b), and (ii) acknowledges that the Deferred Payment shall be due and payable on or before the first anniversary of July 1, 2020.