Monthly Cash Flow definition

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.

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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 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 ▇▇▇▇▇ 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.

Examples of Monthly Cash Flow in a sentence

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 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.
In the event for any month, the Net Monthly Cash Flow thereof is insufficient to cover interest payment under this Agreement, such deficiency shall be deemed paid-in-kind by capitalizing such deficiency in interest payment and adding such amount to the principal amount of the Loan evidenced under this Agreement and shall be included in the Amount for the next succeeding Annual Period and will earn interest at the Applicable Rate for such Annual Period.
The Net Monthly Cash Flow payment received shall be used to: first, to pay all unpaid fees, costs and expenses under this Agreement and the other Loan Documents; second, to the payment of accrued and unpaid interest on the Loan; and third, to the principal amount of the Loan.
NCCC and New Century will furnish SBRC with all financial and other information concerning NCCC and New Century as SBRC deems reasonably appropriate in connection with the performance of the services contemplated by this letter, including (without limitation) "Monthly Cash Flow Projections and Sensitivity Analyses," and will provide SBRC with reasonable access during normal business hours to NCCC's and New Century's officers, directors, employees, accountants, and other representatives.

More Definitions of Monthly Cash Flow

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.

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 Period.

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.

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 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. Statement: as defined in Section 2.3(a).