Target Cash Flow definition

Target Cash Flow means $78,115,000 plus the amount of all discretionary ------- ---- ---- contributions actually made by Xxxxxxxx and its Subsidiaries to the 401(k) Plan with respect to any period after December 31, 1997.
Sample 1
Target Cash Flow means, for each of the five fiscal years identified on Exhibit A hereto, the amount specified for such year on such Exhibit; provided, however, that in the case of divestiture or acquisition of a business -------- ------- unit by the Company or any of its Subsidiaries, the Board shall determine in good faith an appropriate and equitable adjustment to Target Cash Flow for the fiscal year in which such event occurs and each subsequent fiscal year, in the case of a divestiture to reduce Target Cash Flow by the estimated contribution, if any, that would have been made thereto by the divested unit during the remainder of such periods, and in the case of an acquisition to increase Target Cash Flow by the estimated contribution, if any, to be made thereto by the acquired unit. In the event of such an adjustment, the Board shall notify the Executive thereof; and any such adjustment made by the Board in good faith shall be final and binding upon the parties.
Sample 1
Target Cash Flow means for each Measurement Date, the amount specified below: ----------------------------------------------------------------------------------------------------- MEASUREMENT DATE MONTHS IN ANNUALIZATION OF CASH TARGET ANNUALIZED CASH FLOW FLOW (MILLIONS) ----------------------------------------------------------------------------------------------------- 9/30/97 3 $31.200 ----------------------------------------------------------------------------------------------------- 10/31/97 4 $31.350 ----------------------------------------------------------------------------------------------------- 11/30/97 5 $31.488 ----------------------------------------------------------------------------------------------------- 12/31/97 6 $31.600 ----------------------------------------------------------------------------------------------------- 1/31/98 7 $31.714 ----------------------------------------------------------------------------------------------------- 2/28/98 8 $31.830 -----------------------------------------------------------------------------------------------------
Sample 1

Examples of Target Cash Flow in a sentence

  • Your Target Cash Flow Performance Award (as described in Section 1.1(a)(iii) will be multiplied by the Cash Flow Performance Factor with the resulting number of shares to be known as the Earned Cash Flow Performance Award.

  • It is the desire of the Parties to keep changes in the Work, the Contract Completion Date and the Target Cash Flow Budget at a minimum, but the Parties recognize that such changes may become necessary and agree that they shall be handled as follows.

  • The Work, Target Price, Contract Completion Date, Target Cash Flow Budget and any other obligation under this Agreement shall only be adjusted as allowed under this Agreement and any adjustment shall be documented by a Change Order.

  • Your Target Cash Flow Performance Award (approximately 25% of the number of shares in your Target Award).

  • Exhibit B --------- EXAMPLE OF ACCELERATED VESTING: Assume: Cash Flow for 1996 and 1997 exceed Cash Flow Targets for those years and Cash Flow for 1998 is less than Target Cash Flow for 1998.

  • The Company’s audited annual financial statements, on a consolidated basis, will be used to determine whether the Target Cash Flow goal was met.

  • Such Annual Bonus for any such calendar year shall be equal to the sum of the Budgeted Cash Flow Bonus and the Target Cash Flow Bonus, each as defined below, but in no event more than the product of Three Million Dollars ($3,000,000) and the fraction of such calendar year contained within the Employment Term.

  • Your Target Award shall be composed of three pieces: (i)Your Target Total Stockholder Return Performance Award (approximately 50% of the number of shares in your Target Award); (ii)Your Target ROIC Performance Award (approximately 25% of the number of shares in your Target Award); (iii)Your Target Cash Flow Performance Award (approximately 25% of the number of shares in your Target Award).

  • The EBIT Target, Cash Flow Target and Inventory Turns Target shall (i) not be greater than any of the EBIT Targets, Cash Flow Targets and Inventory Turns Targets applicable to any other senior executive of the Company; (ii) be determined by the Compensation Committee of the Board after consultation with the Executive; and (iii) be specified in writing by the Company not more than 60 days after the first day of each year during the Initial Term and each Renewal Term with respect to such year.

  • Target Cash Flow shall be calculated on a basis to include the payment of bonuses under this plan as a deduction.


More Definitions of Target Cash Flow

Target Cash Flow means $(4,500,000) (i.e. a negative number).
Sample 1
Target Cash Flow means, for any Relevant Cash Flow Period, the amount set forth below opposite such Period: TARGET PERIOD ENDING LAST DAY OF CASH FLOW ------------------------- --------- Fiscal Year 1997 $ 7,300,000 Fiscal Year 1998 $11,500,000 "Tax Sharing Agreement" means the Tax Sharing Agreement entered into as of June 24, 1992, as amended from time to time, by and among Mafco Holdings, Inc., Revlon Holdings, Inc., Revlon, Inc., Revlon Consumer Products Corporation, and certain subsidiaries of Revlon, Inc.
Sample 1
Target Cash Flow means the amount of Company Earnings that are targeted for an immediately proceeding fiscal year, as set forth in the Budget, provided, however, that for fiscal year 1996, Target Cash Flow shall be $3,600,000, and for fiscal year 1997, Target Cash Flow shall be $3,950,000, as adjusted, in each event the Company acquires or divests (through the purchase or sale of stock or assets, by merger or otherwise) a subsidiary, upward or downward by the amount, pro rated on a daily basis, of the earnings of such subsidiary (calculated on a basis consistent with the determination of Company Earnings) for the most recent fiscal year.
Sample 1

Related to Target Cash Flow

  • 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.

  • 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.

  • 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 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.

  • 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 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:

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

  • 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:

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

  • 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.

  • Target EBITDA means, for each fiscal year, the EBITDA set forth in the operating budget of the Company, as approved by the Board, for the particular year.

  • 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.

  • Operating Income means the Company’s or a business unit’s income from operations but excluding any unusual items, determined in accordance with generally accepted accounting principles.

  • Net Operating Income With respect to any Mortgaged Property, for any Mortgagor’s fiscal year end, Net Operating Income will be calculated in accordance with the standard definition of “Net Operating Income” approved from time to time endorsed and put forth by CREFC®.

  • 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.

  • 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).

  • Adjusted Operating Income for each year in the Performance Period is defined as the Company’s net income from continuing operations as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis), adjusted as set forth in the immediately following sentence. In calculating Adjusted Operating Income, net income from continuing operations shall be adjusted as follows: first (A) remove the after-tax effects of the following items: (i) losses (net of reinsurance) from catastrophes (as designated by the Insurance Service Office’s Property Claims Service Group, the Lloyd’s Claim Office, Swiss Reinsurance Company’s sigma report, or a comparable report or organization generally recognized by the insurance industry, and reported by the Company as a catastrophe); asbestos and environmental reserve charges (or releases); net realized investment gains or losses in the fixed maturities and real estate portfolios; and (ii) extraordinary items, the cumulative effect of accounting changes and federal income tax rate changes, and restructuring charges, each as defined by generally accepted accounting principles in the United States, and each as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis); (B) reduced, as to the first year in the Performance Period (20XX), by $XXXXXX, as to the second year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium, and as to the third year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium; and (C) reduced by an amount intended, as of the date of this award, to approximate historical levels of credit losses (on an after-tax basis) associated with the Company’s fixed income investments, determined by (i) multiplying a fixed factor, expressed as 2.25 basis points, by the amortized cost of the Company’s fixed maturity investment portfolio at the beginning of each quarter during the relevant year in the Performance Period and (ii) adding the after-tax sum of the amounts resulting from (i) for such year in the Performance Period.

  • Net Working Capital Target means $0.00.

  • Consolidated Operating Income means, for any period, the operating income or loss of the Borrower and the Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.

  • Net Cash means the cash proceeds (net of cash taxes paid and reasonable and customary costs paid to unrelated and unaffiliated third parties in connection with a particular transaction) arising from any Excess Cash Event.

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Property EBITDA means for any property owned by Ventas, Inc. or any of its Subsidiaries as of the date of determination, for any period of time, the net income (loss) derived from such property for such period, before deductions for (without duplication):

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

  • Cumulative EBITDA means, as of any date of determination, EBITDA of the Company from the Existing Notes Issue Date to the end of the Company’s most recently ended full fiscal quarter prior to such date, taken as a single accounting period.