Tower Cash Flow means, for any period, the Consolidated Cash Flow of the Company and its Restricted Subsidiaries for such period that is directly attributable to site rental revenue or license fees paid to lease or sublease space on communication sites owned or leased by the Company, all determined on a consolidated basis and in accordance with GAAP. Tower Cash Flow will not include revenue or expenses attributable to non-site rental services provided by the Company or any of its Restricted Subsidiaries to lessees of communication sites or revenues derived from the sale of assets.
Tower Cash Flow for any period, site leasing revenue less the cost of site leasing revenues (excluding maintenance capital expenditures, depreciation, amortization and accretion to the extent included in the cost of site leasing revenues) of any Person that owns a Tower for such period, all determined in accordance with GAAP, but excluding the non-cash impact of straightlining revenue or ground lease expense as required by Accounting Standards Codification 840. Tower Cash Flow will not include revenue or expenses attributable to non-site rental services provided by the Parent or any of its Subsidiaries (including (x) the Securitization Manager and, if any, the subsidiary acting in a capacity analogous to the Securitization Manager pursuant to any Additional Securitization Arrangements and (y) the Specified Unrestricted Foreign Entities) or revenues derived from the sale of assets.
Tower Cash Flow means, with respect to any Person and for any period, the Consolidated Cash Flow of such Person and its Restricted Subsidiaries for such period, in each case that is directly attributable (including related expenses) to (i) site rental revenue or license fees (including space reservation payments) paid to lease, sublease or retain space on communications sites owned or leased by such Person, or its Restricted Subsidiaries, (ii) fees paid to such Person or its Restricted Subsidiaries for management of communications sites and (iii) real estate lease and similar payments (whether or not related to communications sites) paid to such Person or its Restricted Subsidiaries to the extent included in the same operating segment for GAAP reporting purposes as site rental revenue, all determined on a consolidated basis and in accordance with GAAP. Tower Cash Flow will not include revenue or expenses attributable to non-site rental services provided by such Person or any of its Restricted Subsidiaries to lessees of communication sites or revenues derived from the sale of assets.
Examples of Tower Cash Flow in a sentence
Tower Cash Flow is defined as Cash Site Leasing Revenue less site leasing cost of revenues and non-cash straight-line ground lease expense and Tower Cash Flow Margin is defined as Tower Cash Flow divided by Cash Site Leasing Revenue.
Dünya Miras Listesi‟nde 2017 yılı itibariyle 814 kültürel, 203 doğal ve 35 karma olmak üzere toplam 1052 miras alanı yer almaktadır.
Cash Site Leasing Revenue, Tower Cash Flow and Tower Cash Flow MarginCash Site Leasing Revenue is defined as site leasing revenue less non-cash straight-line site leasing revenue.
In addition, Tower Cash Flow is a component of the calculation used by our lenders to determine compliance with certain covenants under our Senior Credit Agreement, 5.625% Notes, 5.750% Notes and 4.875% Notes.
In addition, Tower Cash Flow is a component of the calculation used by our lenders to determine compliance with certain covenants under our Senior Credit Agreement, 8.25% Notes, 5.625% Notes and 5.75% Notes.
More Definitions of Tower Cash Flow
Tower Cash Flow means, with respect to each Tower for the most recently completed calendar month, the remainder of (a) the aggregate amount of all Tenant Lease Revenues generated by all Tenant Leases relating to such Tower for such month, plus (b) all newly executed or acquired leases as if such leases were effective as of the beginning of such calendar month minus (c) Tower level cash operating expenses for such Tower for such month.
Tower Cash Flow means, for any period, the Consolidated Cash Flow of the --------------- Company and its Restricted Subsidiaries for such period that is directly attributable to site rental revenue or license fees paid to lease or sublease space on communication sites owned or leased by the Company, all determined on a consolidated basis and in accordance with GAAP. Tower Cash Flow shall not include revenue or expenses attributable to non-site rental services provided by the Company or any of its Restricted Subsidiaries to lessees of communication sites or revenues derived from the sale of assets.
Tower Cash Flow for any period, site leasing revenue less the cost of site leasing revenues (excluding maintenance capital expenditures, depreciation, amortization and accretion to the extent included in the cost of site leasing revenues) of any Person that owns a Tower for such period, all determined in accordance with GAAP, but excluding the non-cash impact of straightlining revenue or ground lease expense as required by FAS 13. Tower Cash Flow will not include revenue or expenses attributable to non-site rental services provided by the Parent or any of its Subsidiaries or Securitization Subsidiaries or revenues derived from the sale of assets.
Tower Cash Flow means operating income (loss) before depreciation and amortization and corporate general and administrative expenses. "EBITDA" means operating income (loss) before depreciation and amortization. "After- tax cash flow" means income (loss) before extraordinary items, plus depreciation and amortization. Tower Cash Flow, EBITDA and after-tax cash flow should not be considered in isolation from, or as a substitute for, operating income, net income or cash flow and other consolidated income or cash flow statement data computed in accordance with generally accepted accounting principles or as a measure of ATS' profitability or liquidity. Although these measures of performance are not calculated in accordance with generally accepted accounting principles, many of them are widely used in the communications site industry as a measure of a company's operating performance because they assist in comparing company performance on a consistent basis without regard to depreciation and amortization, which can vary significantly depending on accounting methods (particularly where acquisitions are involved) or non-operating factors such as historical cost bases. Tower Cash Flow also excludes the effect of corporate general and administrative expenses, which generally do not relate directly to communications site performance. See "Management's Discussion and Analysis of Financial Condition and Results of Operations of American Tower
Tower Cash Flow means gross profit plus site depreciation.
Tower Cash Flow means, with respect to any Tower Structure, the difference of: (A) an amount equal to the product of twelve (12) times the monthly rent as of the Effective Date of each Tower Lease that is duly executed, valid, binding, not in default and the term of which has not expired, in each case as of the date hereof and without giving effect to any free rent provided for in any Tower Lease; provided, however, such amount (i) shall not include any security deposits, prepaid rents (unless taken into income by Buyer), refunds to tenants, sales, property, excise or similar taxes imposed by Governmental Authorities and collected from subtenants and pass through expenses collected from any tenants, (ii) shall not include the monthly rent for Tower Leases for which the tenant thereunder is more than 90 days past due in the payment of rent, and (iii) shall include, in the case of prepaid rent, an apportioned amount of such prepaid rent attributable to such monthly period; minus (B) an amount equal to the product of twelve (12) times the sum of (i) the aggregate monthly amount of easement “rent” or ground rent as of the Effective Date (ii) an assumed monthly monitoring and utility expense of ***** (for those Tower Structures requiring monitoring under FAA Law), (iii) the monthly amount of real estate taxes and personal property taxes (or similar type taxes), or in the absence of a 2004 tax bxxx, an assumed monthly amount of *****, (iv) an assumed monthly insurance expense of twenty *****, and (v) an assumed monthly maintenance expense of *****.
Tower Cash Flow or “TCF” means, with respect to any month, twelve times the gross revenues payable under the Tenant Leases on the Towers and the DAS Sites (excluding (A) revenues that are more than sixty (60) days delinquent, (B) any one-time or non-recurring revenue, (C) amounts that are reimbursements of expenses by any Tenant pursuant to the applicable Tenant Lease (except for reimbursement of ground rent arising from a Lease Buyout Site), and (D) amounts payable under any Tenant Lease with respect to which the Tenant has given effective written notice of termination for such month in accordance with the terms of such Tenant Lease), less twelve times the sum of (i) monthly Ground Lease rental expense that is not reimbursable from any Tenant for any Tower or DAS Site for such month, (ii) amounts owed to any Tenants for any collocations on any Towers for such month, (iii) monthly DAS Access Agreement expense that is not reimbursable from any Tenant for any DAS Network for such month, (iv) real estate and personal property taxes that are not reimbursable from any Tenant for the Towers and DAS Networks for such month, (v) utility expenses that are not reimbursable from any Tenant for the Towers and DAS Networks for such month, (vi) the insurance costs that are not reimbursable from any Tenant for the Towers and DAS Networks for such month, (vii) the maintenance expenses that are not reimbursable from any Tenant for the Towers and DAS Networks for such month and (viii) any expenses associated with or arising in connection with an Easement Appurtenant to the extent not reimbursable by a Tenant, in the case of clauses (iv) through (viii), excluding any one-time or non-recurring costs or expenses. It is understood and agreed that (x) certain items in the foregoing sentence used in the determination of TCF (including gross revenues, reimbursable expenses or unreimbursable costs and expenses set forth in clauses (i) through (viii) above) may be payable on a monthly, quarterly, semi-annual or annual basis, and such items shall be determined on an annualized basis based on then-current levels of revenues or expenses, as applicable, as of the month of determination, and then divided by twelve (12) to arrive at the monthly amount; (y) any initial period of rent credit, abatement, or delayed commencement shall be disregarded to the extent that such period is less than 12 months; and (z) any adjustments for U.S. GAAP Accounting Standards Codification Topic (ASC) 840 (formerly SFAS No....