Net Accumulated Cash Flow definition

Net Accumulated Cash Flow means, for the Adjustment Period, an amount (whether positive or negative) equal to the remainder of (A) the Net Revenues of the Subject Entities minus (B) the sum of (x) the Direct Costs of the Subject Entities, (y) Permitted Capital Expenditures of the Subject Entities, and (z) the Pro-Rata Allocation.
Sample 1Sample 2
Net Accumulated Cash Flow shall have the meaning ascribed to such term in the Formation Agreement.
Sample 1Sample 2
Net Accumulated Cash Flow means, for the Adjustment Period, an amount (whether positive or negative) equal to the remainder of (A) the Revenues of the Haynesville Business minus (B) the sum of (x) the Direct Costs of the Haynesville Business, (y) the lesser of (i) actual capital expenditures of HS with respect to the Haynesville Business and (ii) Permitted Capital Expenditures, and (z) the Pro-Rata Allocation, determined in accordance with GAAP (consistent with past practices of HS to the extent in accordance with GAAP). A hypothetical example of Net Accumulated Cash Flow for the 2-month period ending February 28, 2010 is set forth on Schedule 1.1(g), and the Parties acknowledge that the same or substantially similar “line items” will be included in the Post-Closing Adjustment Statement.
Sample 1

Examples of Net Accumulated Cash Flow in a sentence

  • If the Net Accumulated Cash Flow as set forth in the Preliminary Closing Adjustment Statement is a negative number, the Closing Cash Contribution shall be increased by fifty percent (50%) of such amount.

  • Except to the extent otherwise taken into account in connection with determination of Net Accumulated Cash Flow, Newco shall be entitled to all Revenue, and shall be responsible for all Direct Costs (other than Excluded Liabilities), in each case for the period of time from and after the Effective Time.

  • All Direct Costs in each case that are: (i) incurred with respect to operation of the Haynesville Business prior to the Effective Time shall be paid by or allocated to HS and (ii) incurred with respect to operation from and after the Effective Time and are not Excluded Liabilities shall be paid by or allocated to Newco, except as otherwise taken into account in connection with the determination of Net Accumulated Cash Flow.

  • If the Net Accumulated Cash Flow as set forth in the Preliminary Closing Adjustment Statement is a positive number, the Closing Cash Contribution shall be decreased by fifty percent (50%) of such amount.


More Definitions of Net Accumulated Cash Flow

Net Accumulated Cash Flow means, for the Effective Time Adjustment Period, an amount (whether positive or negative) equal to the remainder of (A) the Revenues of the Eagle Ford Business minus (B) the sum of (x) the Direct Costs of the Eagle Ford Business, (y) the actual capital expenditures and Newco of HS with respect to the Eagle Ford Business, and (z) the Pro-Rata Allocation, determined in accordance with GAAP (consistent with past practices of HS to the extent in accordance with GAAP). A hypothetical example of Net Accumulated Cash Flow for the three month period ending March 31, 2011 is set forth on Schedule 1.1(g), and the Parties acknowledge that the same or substantially similar “line items” will be included in the Post-Closing Adjustment Statement.
Sample 1
Net Accumulated Cash Flow has the meaning ascribed to such term in Section 2.6(a)(ii).
Sample 1
Net Accumulated Cash Flow means, for the Adjustment Period, an amount (whether positive or negative) equal to the sum of:
Sample 1

Related to Net Accumulated Cash Flow

  • Excess Cash Flow means, for any period, an amount equal to the excess of:

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Adjusted Cash Flow for any fiscal year shall mean Consolidated Net Income of the Borrower for such fiscal year (after provision for taxes) plus the amount of all net non-cash charges (including, without limitation, depreciation, deferred tax expense, non-cash interest expense, amortization and other non-cash charges) that were deducted in arriving at such Consolidated Net Income for such fiscal year, minus the amount of all non-cash gains and gains from sales of assets (other than sales of inventory and equipment in the normal course of business) that were added in arriving at such Consolidated Net Income for such fiscal year.

  • Net Cash Flow means, for any period, the amount obtained by subtracting Operating Expenses and Capital Expenditures for such period from Gross Income from Operations for such period.

  • Excess Cash Flow Period means each fiscal year of the Borrower, commencing with the fiscal year of the Borrower ending on December 31, 2016.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Free Cash Flow means, for any Person for any period, EBITDA plus cash interest income of such Person for such period, less income taxes, Capital Expenditures and Investments (to the extent made in compliance with this Agreement), Scheduled Debt Service (if any) and variations in working capital made in the ordinary course of business, with respect to such period.

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Cash Flow mean net income after taxes, and exclusive of extraordinary gains and income, plus depreciation and amortization.

  • Cumulative Excess Cash Flow means the sum of Excess Cash Flow (but not less than zero in any period) for the fiscal year ending on December 31, 2013 and Excess Cash Flow for each succeeding completed fiscal year.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Annualized Operating Cash Flow means, for any fiscal quarter, the Operating Cash Flow for such fiscal quarter multiplied by four.

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Quarterly Excess Available Funds Percentage means, with respect to the July 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Excess Cash Flow Payment Date means the earlier of (a) the date occurring 90 days after the last day of each fiscal year of the Borrower (commencing with the fiscal year of the Borrower ending December 31, 2018) and (b) the third Business Day following the date on which financial statements with respect to such period are delivered pursuant to Section 5.01(c).

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Available Cash Flow means an amount, with respect to each Fiscal Year or portion thereof during the Term, equal to the excess, if any, of the Operating Profit over the Owner’s Priority.

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.