Net Free Cash Flow definition

Net Free Cash Flow means the difference between (a) the Net Cash Flow, less (b) the Debt Service, and any payment made to constitute the Debt Service Fund provided under this Agreement or those reservations that are agreed upon by the Parties.

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Net Free Cash Flow for each month shall equal (A) the sum of the Company's actual cash receipts from the sixteenth day of the previous month through the fifteenth day of the Actual Month, such cash receipts to include but not be limited to (1) Base Servicing Fees;

Net Free Cash Flow means the amount determined by subtracting general and administrative expenses, including employee compensation, from EBITDA and adding back any non-cash charges;

Examples of Net Free Cash Flow in a sentence

• Within 80 days after the end of each fiscal year, Borrower shall deliver to E.ON a certificate setting forth its calculation of the Consolidated Net Free Cash Flow for the prior year and the components thereof, together with documents supporting such calculation.

• By way of illustration, if the Consolidated Net Free Cash Flow for a particular fiscal year is negative $10 million and the Restricted Net Free Cash Flow for such fiscal year is positive $30 million, then for purposes of this Section 5.03(c) the Restricted Net Free Cash Flow considered to be generated in such fiscal year shall be $20 million.

• For purposes of this Section 5.03(c), the amount of Restricted Net Free Cash Flow generated in a particular fiscal year shall be limited to the lesser of (i) the Restricted Net Free Cash Flow for such fiscal year and (ii) the sum of the Consolidated Net Free Cash Flow and the Restricted Net Free Cash Flow for such fiscal year.

• For the purposes of this Amendment, net free cash flow ("Net Free Cash Flow") shall mean the gross cash revenues received by the Maker during each month minus the gross cash payments made for expenses during each month.

• Pursuant to Section 5.03 of the Reference Agreement, the Borrower shall pay E.ON as a mandatory repayment of principal of outstanding E.ON Loans (i) an amount equal to 50% of the Consolidated Net Free Cash Flow (as defined in the Reference Agreement) each year, and (ii) an amount equal to 75% of the Net Proceeds (as defined in the Reference Agreement), at such times and under such conditions as set forth in Section 5.03 of the Reference Agreement.

More Definitions of Net Free Cash Flow

Net Free Cash Flow means, in respect of SEL and SC Trust on a consolidated basis for any period, the consolidated net income for such period determined in accordance with generally accepted accounting principles before deduction of interest, taxes, depreciation and amortization, minus (i) cash taxes paid, and (ii) scheduled principal and interest payments servicing interest-bearing debt for such period;

Net Free Cash Flow means the net income of the Partnership as determined in accordance with Generally Accepted Accounting Principles, consistently applied, except that (a) depreciation of buildings, improvements, personalty and all other depreciated items and amortization of leasehold improvements and all other amortized items shall not be considered a deduction, (b) mortgage amortization and loan payments shall be considered a deduction, (c) any amounts expended by the Partnership for capital items shall be considered a deduction, (d) if the Partners deem it necessary or advisable, a reasonable reserve shall be deducted for working capital needs, to provide funds for improvements or for any contingencies of the Partnership, and (e) all other actual expenditures of the Partnership (except for distributions to Partners pursuant to this Article V) shall be considered deductions. Net proceeds from refinancing or sale, excess insurance and any condemnation award of all or any portion of real property owned by the Partnership and additional capital contributions by Partners shall be deemed profits for purposes of determining net free cash flow.

Net Free Cash Flow means EBITDA after adding back other non-cash charges, subtracting maintenance capital expenditures and adjusting for any non-recurring costs or expenses;

Net Free Cash Flow means for any Fiscal Year, the depreciation recognized in the RCP Plants, less the principal payments made by Seneca on the Note during such Fiscal Year, less any capital expenditures prior to the Revised Effective Date, made by Seneca at any RCP Plant during such Fiscal Year (and approved by GMOL to the extent required herein).

Net Free Cash Flow means at the particular time, the greater of:

Net Free Cash Flow means a sum determined and calculated at the end of each Fiscal Year upon the issuance of the Financial Statements for such Fiscal Year as follows: The operating income (loss) for the Project for an applicable Fiscal Year as determined in accordance with GAAP and other accounting principles employed by ACI in the preparation and issuance of its consolidated financial statements, each applied on a consistent basis, adjusted to add or subtract (as indicated) the following items for such Fiscal Year:

Net Free Cash Flow means the Free Cash Flow of the Borrower and Subsidiaries for the preceding two calendar quarters, minus (a) Aged Receivables, plus (b) Aged Accounts Receivable Reserves.