Projected Operating Cash Flow definition

Projected Operating Cash Flow means at the time of calculation, during any Quarter, all base rental revenue projected to be received by Borrower during such Quarter pursuant to signed Leases arising from the ownership and operation of the Property (excluding tenant security deposits and rent to be paid during such Quarter by any Tenant for more than three months of rental obligations), and any business interruption insurance proceeds in the event there is a casualty at the Property and some or all of the tenants are not making rental payments due to such casualty, less the sum of all projected costs, taxes, expenses and disbursements of every kind, nature or description approved by Lender which would be due and payable during such Quarter in connection with the leasing, management, operation, maintenance and repair of the Property, fixtures, machinery, equipment, systems and apparatus located therein or used in connection therewith including management fees equal to the greater of (A) the actual management fees being charged or (B) 3.0% of gross revenues, but excluding (i) non-cash expenses, such as depreciation and amortization costs, (ii) state and federal income taxes, (iii) capital expenditures, (iv) debt service payable on the Loan, and (v) leasing commission fees. In determining Operating Cash Flow, extraordinary items of income, such as those resulting from casualty or condemnation or lease termination payments of Tenants, shall be deducted from income.
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Projected Operating Cash Flow. $16,056,926, $17,367,131 and $18,821,897 for the respective 1997, 1998 and 1999 calendar year which amounts shall be adjusted to reflect the sale of any System, which adjustment shall be approved by the Class C Directors, which approval shall not be unreasonably withheld.
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Projected Operating Cash Flow means at the time of calculation, during any Quarter, all base rental revenue projected to be received by Borrower during such Quarter pursuant to signed Leases arising from the ownership and operation of the Property (excluding tenant security deposits and rent to be paid during such Quarter by any Tenant for more than three months of rental obligations), and any business interruption insurance proceeds in the event there is a casualty at the Property and some or all of the tenants are not making rental payments due to such casualty, less the sum of all projected costs, taxes, expenses and disbursements of every kind, nature or description approved by
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Examples of Projected Operating Cash Flow in a sentence

  • January___, 1998 Page 16 Projected Operating Cash Flow is defined as the operating income from the facility for the prior three months assuming a 5% management fee and adjusting revenue to reflect an occupancy level of 92% (using weighted average per diem rates for the prior three months) and adjusting operating expenses to reflect ongoing expense levels for marketing, staffing and other costs assuming a long-term occupancy level of 92%.

  • January___, 1998 Page 28 Projected Operating Cash Flow is defined as the operating income from the facility for the prior three months assuming a 5% management fee and adjusting revenue to reflect an occupancy level of 92% (using weighted average per diem rates for the prior three months) and adjusting operating expenses to reflect ongoing expense levels for marketing, staffing and other costs assuming a long-term occupancy level of 92%.

  • Projected Operating Cash Flow is defined as the operating income from the facility for the prior three months assuming a 5% management fee and adjusting revenue to reflect an occupancy level of 92% (using weighted average per diem rates for the prior three months) and adjusting operating expenses to reflect ongoing expense levels for marketing, staffing and other costs assuming a long-term occupancy level of 92%.

  • January___, 1998 Page 12 Projected Operating Cash Flow is defined as the operating income from the facility for the prior three months assuming a 5% management fee and adjusting revenue to reflect an occupancy level of 92% (using weighted average per diem rates for the prior three months) and adjusting operating expenses to reflect ongoing expense levels for marketing, staffing and other costs assuming a long-term occupancy level of 92%.

  • Any annual bonus payable pursuant to this Section 2.2 shall be prorated if actual Operating Cash Flow of the CinemaSource Business is between any of the foregoing specified percentages of the applicable Projected Operating Cash Flow Amount (including between 101% and 105% thereof) and actual Annual Revenue equals or exceeds the applicable Projected Annual Revenue Amount.

  • January___, 1998 Page 24 Projected Operating Cash Flow is defined as the operating income from the facility for the prior three months assuming a 5% management fee and adjusting revenue to reflect an occupancy level of 92% (using weighted average per diem rates for the prior three months) and adjusting operating expenses to reflect ongoing expense levels for marketing, staffing and other costs assuming a long-term occupancy level of 92%.

  • January___, 1998 Page 20 Projected Operating Cash Flow is defined as the operating income from the facility for the prior three months assuming a 5% management fee and adjusting revenue to reflect an occupancy level of 92% (using weighted average per diem rates for the prior three months) and adjusting operating expenses to reflect ongoing expense levels for marketing, staffing and other costs assuming a long-term occupancy level of 92%.


More Definitions of Projected Operating Cash Flow

Projected Operating Cash Flow means the Limited Partner’s pro rata share of projected Operating Income for the twelve months following the date of the L.P. Notice as determined by the mutual agreement of the Advisor and the consultant selected by the Limited Partner (the “Consultant”).
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