Cash Flow from Operations Sample Clauses
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Cash Flow from Operations. If as of the last day of any Fiscal Quarter that ends on or after December 31, 2007, the Debt Service Coverage Ratio is less than 1.25:1, the Cash Flow Coverage Ratio as of such day shall be greater than or equal to 1.50:1; provided, however, that if such Cash Flow Coverage Ratio is less than 1.50:1, such shall not be deemed to be a breach of the covenant contained in this Section 8.7 if (a) such Cash Flow Coverage Ratio is at least 1.00:1 and (b) the Cash Flow Coverage Ratio as of the last day of each of the three (3) immediately preceding Fiscal Quarters ending on or after December 31, 2007 was at least 1.50:1; provided further, however, that if the Cash Flow Coverage Ratio as of the last day of a Fiscal Quarter ending on December 31, 2007, March 31, 2008, or June 30, 2008 is greater than 1.00:1 but less than 1.50:1 and the covenant contained in the preceding clause (b) is not satisfied, such shall not be a default hereunder unless the Cash Flow Coverage Ratio as of the last day of any of the other of the Fiscal Quarters ending on December 31, 2007, March 31, 2008, June 30, 2008, and September 30, 2008 also is less than 1.50:1.
Cash Flow from Operations. Cash flow from operations from the annual audited financial statements filed with the Securities and Exchange Commission. The cost of operations of the water treatment plant at Mount E▇▇▇▇▇, interest income and income taxes paid will be added back to compute Cash Flow from Operations for purposes of this Performance Compensation Plan.
Cash Flow from Operations. At all times during the term of this Guaranty, Promus shall not permit its Net Cash Provide By Operating Activities, as reflected in its financial statements, whether audited or unaudited, reported from time to time with the U.S. Securities & Exchange Commission, to be negative for any fiscal year or for any two (2) successive calendar quarters; and
Cash Flow from Operations. Except in the cases provided by article 6a. (b) AS PER ARTICLE IV. The distribution of funds is distributed in accordance with the corresponding sharing interest set out in Article IV.
Cash Flow from Operations. Commencing on September 30, 2008, as of the last day of each of the following Fiscal Quarters, the Cash Flow Coverage Ratio shall be greater than or equal to:
Cash Flow from Operations. “Cash Flow from Operations” means all net cash available to the Company from its Ordinary Course of Business.
Cash Flow from Operations. Cash Flow from Operations with respect to any fiscal year shall be distributed to the Partners as follows:
10.2.1 First, 99% to the Limited Partners and 1% to the General Partners, until each Limited Partner’s Cumulative Preference shall have been reduced to zero.
10.2.2 Second, as to the fourth calendar year following the commencement of the Partnership’s offering and as to each subsequent year, 95% to the Limited Partners and 5% to the General Partners until each Limited Partner shall with respect to such fiscal year have received distributions equal to 11% of his Weighted Capital Investment for such year, provided that distributions under this Section 10.2.2 shall be made only for years in which the General Partners have not yet received distributions of Cash Flow from Operations representing 5% of aggregate distributions of Cash Flow from Operations.
10.2.3 Third, 100% to the General Partners until they shall have been distributed pursuant to this Section 10.2.3 an amount which, when added to the amounts distributed to them pursuant to Sections 10.2.1 and 10.2.2, represents 5% of the aggregate amounts distributed to the General Partners and the Limited Partners pursuant to Sections 10.2.1, 10.2.2 and 10.2.3.
10.2.4 Fourth, 95% to the Limited Partners and 5% to the General Partners, until distributions to the Limited Partners from all sources equal 100% of their Capital Contributions.
Cash Flow from Operations for any period of determination shall mean (i)the sum of net income, depreciation, amortization, other non-cash charges to net income, interest expense and income tax expense minus (ii) non-cash credits to net income, in each case of the Borrower and its Subsidiaries for such period determined and consolidated in accordance with GAAP.
Cash Flow from Operations. 1998 ($1,000,000) 1999 $4,500,000 2000 $8,500,000 2001 $14,500,000 2002 and $16,500,000 each fiscal year thereafter
Cash Flow from Operations for the Corporation shall be determined by inclusion of the components included in Schedule 1.