Retained Cash Flow definition

Retained Cash Flow means, with respect to the Loan Parties and their Subsidiaries determined on a consolidated basis in accordance with GAAP, for any period, the result of:
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Retained Cash Flow means, in any Fiscal Year, the amount of Excess Cash Flow that exceeds the amount of the prepayment of Combined Loans required pursuant to Section 2.10(a)(i) for such Fiscal Year.
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Retained Cash Flow means net cash provided by operating activities, excluding changes in current accounts and current notes receivable, inventory
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Examples of Retained Cash Flow in a sentence

  • Retained Cash Flow to Adjusted Debt This ratio is calculated by dividing Retained Cash Flow by Adjusted Debt as CSX believes Moody’s defines it.

  • STRONG EXECUTIONInvestmentsRetained Cash FlowSell-down strategy2017€1.1 billion€1,114 million€29 million2018€1.4 billion€775 million€420 millionRETAINED CASH FLOW The primary source of funds for the Company is the EBITDA generated from existing assets, which after paying debt services costs, deducting capital distributions to equity partners and taxes is called Retained Cash Flow, meaning the amount available to pay dividends to EDPR shareholders and/or to fund new investments.

  • The self-funding model relies on a combination of the Retained Cash Flow from operating assets and EDPR’s strategy of selling stakes in projects in operation or under development, along with the US Tax Equity structures to finance the profitable growth of the business.

  • These include the EBIT / Interest, Debt / Book Capitalization, Retained Cash Flow / Debt and a Simple ROE calculation.

  • These include the EBIT / Interest, Debt / Book, Retained Cash Flow / Debt and Simple ROE.

  • Retained Cash Flow consists of net cash provided by operating activities adjusted for certain items such as: insurance proceeds included in operating activities, certain non-cash tax benefits or charges, changes in operating assets and liabilities, operating lease principal reductions (defined as two-thirds of rent expense on operating leases), dividends paid, CSX’s 42% economic interest in Conrail’s free cash flow and after-tax debt repurchase expense.

  • EDPR indicated in May 2016, a dividend pay-out ratio policy in the range of 25-35% of its annual net profit, thus allowing most of the Retained Cash Flow to fund growth.

  • Retained Cash Flow to Adjusted Debt The following table reconciles net cash provided by operating activities (GAAP measure) to funds from operations (non-GAAP measure) and total balance sheet debt (GAAP measure) to adjusted debt (non-GAAP measure) so that retained cash flow to adjusted debt (Moody’s approach) can be presented.

  • Capital Expenditures that are not designated as Capital Expenditures from Retained Cash Flow pursuant to a Notice of Designated Retained Cash Flow Usage, are deemed to apply first to Carry-Forward Capital Expenditures and last to Scheduled Capital Expenditures.

  • Retained Cash Flow (RCF) / Net Debt was 10.5%, comfortably above the current 9% level used by Moody’s as an indicative threshold in determining an A3 rating.


More Definitions of Retained Cash Flow

Retained Cash Flow means net cash provided by operating activities, excluding changes in current accounts and current notes receivable, inventory and trade accounts payable, minus (i) cash dividends on common stock, if any, and (ii) cash dividends on preferred stock, if any; provided, however, that if because of a change in GAAP that results in a cumulative effect of a change in accounting principle applicable to the Company's financial reporting or a restatement of the Company's historical financial statements, the Company's Retained Cash Flow is higher or lower than it would have been absent such change, then, commencing with the fiscal quarter for which such changes in GAAP become effective, Retained Cash Flow will be calculated on a pro forma basis as if such change had not occurred.
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Retained Cash Flow shall have the meaning set forth in the Loan ------------------ Agreement.
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Retained Cash Flow means Excess Cash Flow not required to be applied in prepayment of Facility B, the RCF or any Incremental Facility or any Permitted Alternative Debt including for the avoidance of doubt all Excess Cash Flow generated in the Financial Year ended 31 December [2019]17 and (without double counting and to the extent deducted from positive Excess Cash Flow in determining the amount of Excess Cash Flow required to be prepaid (if any) under the Senior Facilities Agreement) the excess cash flow de minimis amount.
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Retained Cash Flow has the meaning given to it in Clause 21.3 (Financial Definitions);
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Retained Cash Flow means, in each Financial Year, the amount of Excess Cash Flow remaining after the application of Clause 8.4 (Excess Cash Flow);
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Retained Cash Flow means, with respect to the Borrower and its Restricted Subsidiaries, (i) rental payments and other revenues received in cash (whether in the nature of base rent, minimum rent, percentage rent, additional rent, proceeds of rent loss or business interruption insurance or otherwise, but exclusive of security deposits, xxxxxxx money deposits, advance rentals, reserves for capital expenditures, charges, expenses or items required to be paid or reimbursed by the tenant thereunder, except, with respect to any of the foregoing, to the extent applied in satisfaction of any tenant’s obligations for rent or to the extent the Borrower or any of its Restricted Subsidiaries otherwise becomes entitled to retain the same), less (ii) the sum of (a) Consolidated Debt Service Charges plus (b) general and administrative expenses paid in cash.
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Related to Retained Cash Flow

  • 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.

  • 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:

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

  • 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.

  • 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.

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

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

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of:

  • Retained Excess Cash Flow means, at any date of determination, an amount, equal to the aggregate cumulative sum of the Retained Percentage of Excess Cash Flow for the Excess Cash Flow Periods ended on or prior to such date.

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Annualized Operating Cash Flow means, for any period of three complete consecutive calendar months, an amount equal to Operating Cash Flow for such period multiplied by four.

  • Retained Excess Cash Flow Amount means, at any date of determination, an amount, determined on a cumulative basis, that is equal to the aggregate cumulative sum of the Excess Cash Flow that is not required to be applied as a mandatory prepayment under Section 2.11(b)(i) for all Excess Cash Flow Periods ending after the Closing Date and prior to such date; provided that such amount shall not be less than zero for any Excess Cash Flow Period.

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

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

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

  • 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 or owned by, or credited to, the account of the Borrower and its Subsidiaries (including non-wholly owned Subsidiaries and Permitted J/Vs).

  • Trapped Cash means any cash, checks, rental deposits and bank credit balances that are subject to any restrictions or local exchange control, Tax or other requirements, such that the full amount of such deposits cannot be accessed within ninety (90) days; provided that any amounts that are subject to short term investments or time deposits with maturities less than 363 days as of any relevant time of determination shall not be deemed “Trapped Cash” unless after such maturity, they would be subject to any of the aforesaid restrictions.

  • 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.

  • Parent Assets means all Assets of either Party or the members of its Group as of the Effective Time, other than the SpinCo Assets, it being understood that, notwithstanding anything herein to the contrary, the Parent Assets shall include:

  • 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.

  • Operating Revenue Cash Flows means the Company’s cash flow from ownership and/or operation of (i) Properties, (ii) Loans, (iii) Permitted Investments, (iv) short-term investments, and (v) interests in Properties, Loans and Permitted Investments owned by any Joint Venture or any partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner.

  • 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).

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Retained Asset Sale Proceeds shall have the meaning provided in Section 10.4.

  • Non-Financed Capital Expenditures means, for any period, Capital Expenditures during such period other than Capital Expenditures funded with the proceeds of Indebtedness (excluding ABL Revolving Loans).

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.