Definition of Net Cash Flow. For purposes of this Agreement, Net Cash Flow shall mean the sum of the net profits and losses of the company for Federal income tax purposes as determined by the company's accountants plus the amount of depreciation and/or amortization and any other non-cash expenses
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Definition of Net Cash Flow. For purposes of this Agreement, “Net Cash Flow Flow” shall mean the sum consist of the net profits and losses of the company for Federal income tax purposes as determined gross cash receipts received by the company's accountants plus Company of any kind or description from the amount of depreciation and/or amortization and any other non-cash expensesProperty during a calendar month or quarter (as the case may be), except the gross proceeds from transactions described in Section 4.2, less the deductions described in Subsection (a) below.
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Sources: Limited Liability Company Agreement (Gc Net Lease Reit, Inc.)