Net Cash Flows definition

Net Cash Flows means the excess of revenue over expenses less any reserves the Management Committee considers appropriate or necessary for the conduct of business.

Net Cash Flows for a period, means the net sum, if a positive number, of (without duplication):

Net Cash Flows means, for any month, the gross amount of all distributions received by the Borrower from CCR in such month minus all cash expenses paid by the Borrower in such month minus all amounts paid in such month to the members of the Borrower as tax distributions or set aside in such month for future tax distributions to be made to the members of the Borrower.

Examples of Net Cash Flows in a sentence

• The Standardized Measure of Discounted Future Net Cash Flows is not intended to be representative of the fair market value of the Company's proved reserves.

• Enter into, or allow a Funded Subsidiary to enter into, any agreement, instrument or other undertaking (except for the Operative Documents) that restricts the ability of any Partnership Managing Member, Lessor Managing Member or Lessor of a Subject Fund to make any dividend or other distribution of Actual Net Cash Flows with respect to such Equity Interests.

• The Borrower shall cause each CADA Subsidiary Party to deposit all Actual Net Cash Flows directly into the Revenue Account.

• If that sum is positive, then the Actual IRR is the positive discount rate (with compounding as of the end of each calendar month, and expressed as a monthly rate) that causes the present value as of the CCAUPP Effective Date of the Net Cash Flows for all calendar months and any portions thereof during the Measurement Period to be zero.

• The “Actual IRR” means the internal rate of return on the Net Cash Flows (as defined in Section 2.2.(a)(ii)(A)).

More Definitions of Net Cash Flows

Net Cash Flows with respect to a Project Company shall mean the net sum of the following, as reasonably determined in good faith by the governing body of the Project Company:

Net Cash Flows means the revenue less royalty interests, production taxes, direct operating expenses, and net investment, of Borrower and its Restricted Subsidiaries, calculated in accordance with GAAP.

Net Cash Flows means, for any period, the excess of: (i) the sum of (A) the Company’s revenues for such period, as determined under generally accepted accounting principles, from ownership and/or operation of Real Estate Assets, Loans and other Investments and (B) the net cash proceeds realized by the Company during such period from any Sale; over (ii) the sum of (A) “Total Operating Expenses” (as such term is defined in the Articles of Incorporation) for such period and (B) those costs and expenses for such period expressly excluded from such definition of “Total Operating Expenses” in clauses (i) through (viii), inclusive, of such definition.

Net Cash Flows means cash inflows less cash outflows representing changes in Cash and Cash Equivalent balances during a period, where “Cash” means cash on hand and demand deposits and “Cash Equivalents” means short term highly liquid investments that are readily convertible to known amounts of Cash and which are subject to an insignificant risk of changes in value. For the avoidance of doubt, Cash and Cash Equivalent balances shall be excluded from Net Cash Flows; and

Net Cash Flows means, with respect to any period, the amount equal to (a) the sum of (i) any amount (including Existing Airport Passenger Charges) deposited in, or credited to, without duplication, the Peso Revenues Account and the Offshore Revenues Account during such period and (ii) all interest and other income of the Issuer deposited in, or credited to, without duplication, the Peso Revenues Account and the Offshore Revenues Account during such period, minus (b) the sum of (i) all Certified IVA Payments made during such period pursuant to priority First, of Section 4.1(a) and Section 4.1(b) of the Intercreditor Agreement plus (ii) all Operating Costs paid

Net Cash Flows has the meaning specified in the Partnership Agreements.

Net Cash Flows with respect to a Project Company are defined as: gross variable and fixed lease fees (as defined in the Project Contracts) received by the Project Company, plus loan payments and all other fees, amounts and payments received by the Project Company from the applicable Tribe under the Project Contract or otherwise with respect to the Project, less Overhead Fees described in Section 10, Project Manager Costs described in Section 11, franchise fees, third party financing costs and payments of amortized amounts due Lakes on the Project Development Loan and that portion of the Buy-out Reimbursement Loan assumed by the Project Company. Attached hereto as Exhibit H and hereby incorporated herein is an example showing the determination of Net Cash Flows for the first 12 months of the each Project.