Common use of Minimum Operating Cash Flow Clause in Contracts

Minimum Operating Cash Flow. Borrower shall not permit its Operating Cash Flow to be less than $8,500,000.00 for any consecutive twelve (12) month period commencing with the consecutive twelve (12) month period ended December 31, 1996. For the purposes of this Section, Borrower's "Operating Cash Flow" shall be that shown on the officer's certificate delivered with respect to the applicable twelve (12) consecutive month period unless Lender makes an independent, good faith determination of Operating Cash Flow for such consecutive twelve (12) month period. If Lender's determination of Operating Cash Flow for any consecutive (12) month period is less than Operating Cash Flow as stated in the applicable officer's certificate: (i) such determination by Lender shall be, if determined in accordance with the foregoing provision and the definition of "Operating Cash Flow" in this Agreement, conclusive for purposes hereof and (ii) Lender shall promptly advise Borrower of its determination."

Minimum Operating Cash Flow. Borrower shall not permit its Operating Cash Flow to be less than $8,500,000.00 10,000,000.00 for any consecutive twelve (12) month period commencing with the consecutive twelve (12) month period ended December 31, 1996. For the purposes of this Section, Borrower's "Operating Cash Flow" shall be that shown on the officer's certificate delivered with respect to the applicable twelve (12) consecutive month period unless Lender makes an independent, good faith determination of Operating Cash Flow for such consecutive twelve (12) month period. If Lender's determination of Operating Cash Flow for any consecutive (12) month period is less than Operating Cash Flow as stated in the applicable officer's certificate: (i) such determination by Lender shall be, if determined in accordance with the foregoing provision and the definition of "Operating Cash Flow" in this Agreement, conclusive for purposes hereof and (ii) Lender shall promptly advise Borrower of its determination."