Total Operating Cash Flow definition

Total Operating Cash Flow. With respect to any fiscal period of the Borrower (i) EBITDA minus (ii) the Reserve Amount with respect to all Real Estate Assets owned by the Borrower or any of the Related Companies.
Sample 1Sample 2Sample 3
Total Operating Cash Flow. With respect to any fiscal period of the Borrower the sum of (i) Funds From Operations minus (ii) the portion of Funds From Operations attributable to Unconsolidated Entities, plus (iii) cash actually distributed to Borrower during such fiscal period from the earnings of any Unconsolidated Entities and not subsequently reinvested by Borrower in such Unconsolidated Entity plus (iv) Interest Expense (excluding capitalized interest and any other portions of Interest Expense which are not deducted in the computation of Funds From Operations) plus (v) Preferred Distributions paid minus (vi) the Reserve Amount for all Real Estate Assets owned by the Borrower or any of the Related Companies, all as determined in accordance with the applicable definitions set forth herein except that Funds From Operations shall be adjusted to remove the effect of recognizing rental income on a straight-line basis over the applicable lease term.
Sample 1Sample 2Sample 3
Total Operating Cash Flow means the projection done at the end of each fiscal quarter of the next four fiscal quarters of the Company and its Subsidiaries' (other than Unrestricted Subsidiaries) total cash flow available for debt service, as projected consistent with the Company's financial reporting procedures.
Sample 1Sample 2

Examples of Total Operating Cash Flow in a sentence

  • The Borrower will not permit the ratio of its Total Operating Cash Flow to Interest Expense to be less than 1.85 to 1.0 for any fiscal quarter.

  • The Borrower will not permit the ratio of its Total Operating Cash Flow to Interest Expense to be less than 2.0 to 1.0 for any fiscal quarter.

  • The definition of Total Operating Cash Flow is hereby amended by adding the underlined language below at the end thereof: Total Operating Cash Flow.

  • Borrower has requested that the definition of Total Operating Cash Flow be amended and the Lenders are willing to agree to the requested amendment.

  • The Borrower will not permit the ratio of its Total Operating Cash Flow to Senior Interest Expense to be less than 2.5 to 1.0 for any fiscal quarter.

  • The Borrower will not permit the ratio of its Total Operating Cash Flow to Interest Expense to be less than 1.7 to 1.0 for any fiscal quarter.

  • The proposed performance incentive can vary based on the amount of Total Operating Cash Flow Surplus and the degree to which performance exceeds the aforementioned standards.

  • FINANCIAL COVENANTS OF THE BORROWER 55 Section 9.1. Value of All Unencumbered Properties 55 Section 9.2. Minimum Debt Service Coverage 55 Section 9.3. Total Debt to Total Assets 55 Section 9.4. Maximum Secured Debt 55 Section 9.5. Minimum Tangible Net Worth 55 Section 9.6. Total Operating Cash Flow to Interest Expense 55 Section 9.7. Adjusted EBITDA to Fixed Charges 55 Section 9.8. Aggregate Occupancy Rate 55 Section 10.

  • To the extent that the system generates Total Operating Cash Flow Surplus on an annual basis, the City and the successful Respondent(s) will share the Total Operating Cash Flow Surplus after the deduction of an incentive payment, if any.

  • The Borrower will not permit the ratio of its Total Operating Cash Flow to Senior Interest Expense to be less than 2.2 to 1.0 for any fiscal quarter.


More Definitions of Total Operating Cash Flow

Total Operating Cash Flow. TOTAL SENIOR DEBT SERVICE = to 1.0 ---------- SCHEDULE C EBITDA EBITDA Net income (Loss) of the Crdentia Proper Borrowers (excluding any after-tax gains or losses and excluding other after-tax extraordinary gains or losses) ------------------------- ------------------------- Add: Interest expense ------------------------- ------------------------- Income tax expense ------------------------- ------------------------- Depreciation ------------------------- ------------------------- Amortization ------------------------- Add/Less: Other non-cash charges or gains ------------------------- ------------------------- Add: (for months ending 8/31/04 through 12/31/04 only) Payments from MedCap Partners L.P. TOTAL EBITDA ------------------------- Minimum EBITDA $____________ Total EBITDA $______________ SCHEDULE D ACQUISITION SUBSIDIARY DEBT SERVICE COVERAGE RATIO ACQUISITION SUBSIDIARY EBITDA Net income (Loss)of the Acquisition Subsidiary (excluding any after-tax gains or losses and excluding other after-tax extraordinary gains or losses) ------------------------- ------------------------- Add: Interest expense ------------------------- ------------------------- Income tax expense ------------------------- ------------------------- Depreciation ------------------------- ------------------------- Amortization ------------------------- Add/Less: Other non-cash charges or gains ------------------------- ------------------------- TOTAL EBITDA ------------------------- ACQUISITION SUBSIDIARY DEBT SERVICE Add: Scheduled payments of interest and fees (carried as an interest expense on Acquisition Subsidiaries consolidated financials) with respect to: ------------------------- ------------------------- Revolving Loans to Acquisition Subsidiary Aggregate principal amount of Term Loan Capitalized Lease Obligations of Acquisition Subsidiary Indebtedness for Borrowed Money of Acquisition Subsidiary (excluding Subordinated Debt) ------------------------- TOTAL ACQUISITION SUBSIDIARY DEBT SERVICE ------------------------- TOTAL ACQUISITION SUBSIDIARY EBITDA TO = to 1.0 ---------- ACQUISITION SUBSIDIARY DEBT SERVICE: SCHEDULE E ACQUISITION SUBSIDIARY DEBT LEVERAGE RATIO ACQUISITION SUBSIDIARY DEBT ACQUISITION SUBSIDIARY DEBT ( --------------------------- ------------------------- ------------------------- ACQUISITION SUBSIDIARY DEBT ------------------------- ------------------------- Outstanding Revolving Loan to Acquisition Subsidiary ------------------------- -----------------...
Sample 1
Total Operating Cash Flow. With respect to any fiscal period of the Borrower the sum of (i) Funds From Operations plus (ii) Interest Expense (excluding capitalized interest and any other portions of Interest Expense which are not deducted in the computation of Funds From Operations) minus (iii) the Reserve Amount for all Real Estate Assets owned by the Borrower or any of the Related Companies, all as determined in accordance with the applicable definitions set forth herein except that any rent leveling adjustments shall be deducted from Funds From Operations.
Sample 1
Total Operating Cash Flow. Total Senior Debt Service = to 1.0 Net income (Loss) of the Borrowers (excluding any after-tax gains or losses and excluding other after-tax extraordinary gains or losses) Add: Interest expense Income tax expense Depreciation Amortization Add/Less: Other non-cash charges or gains Minimum EBITDA $ Total EBITDA $ Term Loan Debt to EBITDA = to 1.0 Attached to and made a part of that certain Loan and Security Agreement of even date herewith between CRDENTIA CORP., a corporation and its Subsidiaries (collectively, “Borrower”) and BRIDGE HEALTHCARE FINANCE, LLC (“Lender”).
Sample 1
Total Operating Cash Flow. Total Senior Debt Service = to 1.0 Net income (Loss) of the Borrowers (excluding any after-tax gains or losses and excluding other after-tax extraordinary gains or losses) Add: Interest expense Income tax expense Depreciation Amortization Add/Less: Other non-cash charges or gains Minimum EBITDA $ Total EBITDA $ Aggregate principal amount of Term Loan outstanding Term Loan Debt to EBITDA = to 1.0 SCHEDULE 1 – PERMITTED LIENS SCHEDULE 11(B) - BUSINESS AND COLLATERAL LOCATIONS; CERTAIN COLLATERAL Attached to and made a part of that certain Loan and Security Agreement of even date herewith between CRDENTIA CORP., a corporation (“Borrower”) and BRIDGE OPPORTUNITY FINANCE, LLC (“Lender”).
Sample 1
Total Operating Cash Flow means the projection done at the end of each fiscal quarter of the next four fiscal quarters of the Borrower's and the Borrower's Subsidiaries' (other than Unrestricted Subsidiaries) total cash flow available for debt service, as projected consistent with the Borrower's financial reporting procedures.
Sample 1
Total Operating Cash Flow. TOTAL SENIOR DEBT SERVICE = _______ to 1.0 SCHEDULE C EBITDA ------ EBITDA Net income (Loss) (excluding any after-tax gains or losses and excluding other after-tax extraordinary gains or losses) _________________________ Add: Interest expense _________________________ Income tax expense _________________________ Depreciation _________________________ Amortization _________________________ Add/Less: Other non-cash charges or gains _________________________ TOTAL EBITDA _________________________ ------------ Minimum EBITDA $____________ Total EBITDA $______________ SCHEDULE D ---------- EXCESS AVAILABILITY ------------------- EXCESS AVAILABILITY -------------------
Sample 1

Related to Total Operating 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.

  • 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.

  • 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.

  • 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.

  • 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:

  • 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.

  • 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.

  • 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:

  • 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.

  • 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 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®.

  • 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.

  • 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.

  • 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.

  • Adjusted Net Operating Income means, with respect to a Property for any given period, Net Operating Income of such Property for such period minus Capital Reserves for such period.

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

  • Consolidated Excess Cash Flow means, for any period, an amount (if positive) equal to:

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

  • Net Cash means, without duplication and in any event as of the Net Cash Determination Time and, as applicable, determined in a manner consistent with the manner in which such items were historically determined and in accordance with Check-Cap’s audited financial statements and unaudited interim balance sheet, the sum of (i) Check-Cap’s unrestricted cash and cash equivalents (excluding marketable securities, other than marketable securities acquired in accordance with Keystone’s written consent, which shall not be unreasonably withheld, but including, for the avoidance of doubt, unrestricted cash deposits and interest accrued thereon), plus (ii) restricted cash items set forth in Section 1.1 of the Check-Cap Disclosure Schedule minus (iii) current and long-term liabilities payable in cash (excluding non-cash liabilities) accrued at Closing pursuant to GAAP, minus (iv) all of Check-Cap’s unpaid Transaction Costs, minus (iv) the cost of redemption of all Check-Cap Warrants (including for the avoidance of doubt, the Check-Cap Registered Direct Warrants and Check-Cap Placement Agent Warrants) that have redemption rights according to their terms, and are outstanding as of immediately prior to the Israeli Merger Effective Time (assuming the full redemption thereof), plus (v) all prepaid Check-Cap expenses listed on Section 1.1 of the Check-Cap Disclosure Schedule, plus (vi) the amount of any expenses paid or liabilities incurred by Check-Cap during the Interim Period that the insurer under Check-Cap’s D&O insurance policy listed on Section 1.1 of the Check-Cap Disclosure Schedule has unconditionally and irrevocably agreed in writing to pay and are in excess of the deductible under such policy, plus (vii) the amount of any Check-Cap Legacy Transaction Eligible Proceeds (disregarding, for purposes of this definition, the proviso in the definition of “Check-Cap Legacy Transaction Eligible Proceeds”) to be received by Check-Cap for any Check-Cap Legacy Transaction at or prior to the Closing Date, or to which Check-Cap is contractually entitled as of the Closing Date to receive within ninety (90) days following the Closing Date (subject to no conditions other than the passage of time).

  • 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.

  • 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).

  • 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.

  • net non-operating income means the difference between: (A) revenues from all sources other than those related to operations; and (B) expenses, including taxes and payments in lieu of taxes, incurred in the generation of revenues in (A) above.

  • Estimated Cash has the meaning set forth in Section 2.4(a).

  • Net Working Capital Target means $0.00.