Common use of Calculation of Excess Cash Flow Clause in Contracts

Calculation of Excess Cash Flow. The sum, without duplication, of: 1. Consolidated Net Income for such fiscal year (excluding gains and losses from the sale of assets or businesses outside the ordinary course of business included in the calculation of such Consolidated Net Income): $ 2. expenses reducing Consolidated Net Income incurred or made with respect to any Plan: $

Appears in 3 contracts

Sources: Second Lien Credit Agreement (Sears Holdings Corp), Second Lien Credit Agreement (Sears Holdings Corp), Credit Agreement (Sears Holdings Corp)

Calculation of Excess Cash Flow. The sum, without duplication, of: 1. Consolidated Net Income for such fiscal year (excluding gains and losses from the sale of assets or businesses outside the ordinary course of business included in the calculation of such Consolidated Net Income): $ 2. expenses reducing Consolidated Net Income incurred or made with respect to any Plan: $________________________

Appears in 1 contract

Sources: Credit Agreement (Sears Holdings Corp)