Monthly Net Cash Flow definition
Examples of Monthly Net Cash Flow in a sentence
The Borrowers shall fail to deposit to the Monthly Net Cash Flow Reserve Account any Monthly Net Cash Flow Required Deposit Amount, in full in immediately available funds, on the related Monthly Net Cash Flow Reserve Account Required Deposit Amount Deposit Date.
For any Borrowing Date and any Non-Blocked Account Properties related to the Advance requested for such Borrowing Date, an amount equal to the sum of (a) one-quarter of the aggregate Expected Collections in respect of such Non-Blocked Account Properties and (b) the Monthly Net Cash Flow Reserve Account Shortfall Amount on such Borrowing Date.
The amount on deposit in the Monthly Net Cash Flow Reserve Account on such Borrowing Date shall be at least equal to the Monthly Net Cash Flow Reserve Account Required Amount (determined after giving effect to the requested Advance).
Individually or collectively, as the context may require, the Insurance and Tax Reserve Account, the Ongoing Reserve Account, the Monthly Net Cash Flow Reserve Account, the Flood Damage Reserve Account, the Special Reserve Account, the Renovation Cost Reserve Account and the Interest Reserve Account.
Parent’s Monthly Net Cash Flow for the preceding thirty days shall be equal to or greater than $50,000.
Parent’s Monthly Net Cash Flow for the preceding thirty days shall be equal to or greater than a $10,000 monthly deficit.
Commencing on the Payment Commencement Date and continuing on the first day of each month thereafter, Borrower shall pay to Lender Accrued Interest, and a Monthly Net Cash Flow Payment which shall be applied toward payment of such Accrued Interest.
The Members agree that the Manager (as defined below) shall make distributions to the Members in the event that the Manager determine that Monthly Net Cash Flow is sufficient to make such distributions.
The Parties agree that the amounts of Monthly Net Cash Flow (minus the Cash Reserves) generated by each Company will be used on a monthly basis as (partial) repayment of the Purchase Price from Buyer to Seller.
Attached hereto as Annex C is a schedule setting out the amounts of the Monthly Net Cash Flow (minus the Cash Reserves) which are: (a) the Cash position evidenced in the Latest Balance Sheets as well as (b) the amounts that are projected to be generated monthly by each Company: a) from the Effective Date until the Heliostixio Closing Date, b) from the Heliostixio Closing Date until the Heliohrisi Closing Date and c) from the Heliohrisi Closing Date until the Thermi Sun Closing Date.