Tower Cash Flow Sample Clauses

Tower Cash Flow. The last two sentences of Section 7.13 of the Agreement are hereby deleted in their entirety and not replaced.
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Tower Cash Flow. The annualized Tower Cash Flow generated from the operation of the Assets in the H▇▇▇▇▇▇▇ Purchase Agreements (including this Agreement) is at least $940,268.31 as set forth on Schedule 7.13 in the H▇▇▇▇▇▇▇ Purchase Agreements (including this Agreement) with any estimates of expenses or costs set forth therein being binding on Purchaser and Seller. In the event the aggregate Tower Cash Flow of all the Assets as defined in the H▇▇▇▇▇▇▇ Purchase Agreements (including this Agreement), when combined, is less than $940,268.31, on an annualized basis, and such deficiency is caused by one of the Assets set forth in this Agreement, then the Purchase Price under this Agreement shall be reduced by the dollar amount of such deficiency multiplied by 48.00. In the event the combined Purchase Price in this Agreement and the purchase price in the Other Purchase Agreements, as a result of such adjustment in this Section 7.13 (“Combined Purchase Price”), is reduced by more than $750,000 in the aggregate so that the Combined Purchase Price would be less than $47,850,000, then Seller shall have the right to terminate this Agreement and the Other Purchase Agreements.
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Tower Cash Flow. The Tower Cash Flow of the Company and the Company Subsidiaries on a combined basis is [****].
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Tower Cash Flow. The annualized Tower Cash Flow generated from the operation of the Assets in the H▇▇▇▇▇▇▇ Purchase Agreements (including this Agreement) is at least $940,268.31 as set forth on Schedule 7.13 in the H▇▇▇▇▇▇▇ Purchase Agreements (including this Agreement) with any estimates of expenses or costs set forth therein being binding on Purchaser and Seller. In the event the aggregate Tower Cash Flow of all the Assets as defined in the H▇▇▇▇▇▇▇ Purchase Agreements (including this Agreement), when combined, is less than $940,268.31, on an annualized basis, and such deficiency is caused by one of the Assets set forth in this Agreement, then the Purchase Price under this Agreement shall be reduced by the dollar amount of such deficiency multiplied by 36.
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Tower Cash Flow. The annualized Tower Cash Flow generated from the operation of all of the Assets under this Agreement is at least $128,595.92, as set forth on Schedule 7.13 hereof (with any estimates of expenses or costs set forth therein being binding on Purchaser and Seller). In the event the aggregate Tower Cash Flow of all the Assets under this Agreement is less than $128,595.92, on an annualized basis, and such deficiency is caused by one of the Assets set forth herein, then the Purchase Price under this Agreement shall be reduced by the dollar amount of such deficiency multiplied by 39.00. In the event the Purchase Price in this Agreement, as a result of such adjustment in this Section 7.13 is reduced by more than $100,000 in the aggregate so that the Purchase Price would be less than $4,915,240.88, then Seller shall have the right to terminate this Agreement and the Other Purchase Agreements.
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Tower Cash Flow. Schedule 3.14 sets forth a true, correct, and complete calculation of the annualized TCF for the Tower Sites in each Territory as of the month set forth in EXHIBIT F, and to the Knowledge of Seller, as of the date hereof, no Seller Party has received any written notice or other written communication of any existing, pending or threatened events that would or would reasonably be expected to adversely affect the TCF in any material respect. Except as included on EXHIBIT I and for items customarily included in corporate overhead that do not apply to a specific Tower (or group thereof) or Tower Site (or group thereof) , there are no recurring costs relating to the Towers, Tower Sites or related Property in the applicable Territory.
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Tower Cash Flow. 24 3.15 Contracts ........................................................................................................ 24 3.16 Insurance........................................................................................................ 27 3.17
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Tower Cash Flow. The total Tower Cash Flow of the Companies and Company Subsidiaries, on a combined basis, for the month of February 2012, was [****] and for the month of March 2012 will not be less than [****]. For purposes of this Section 5.22, the determination of total Tower Cash Flow assumes that all Incomplete Towers are Completed as of February 1, 2012. A detailed schedule of Tower Cash Flow is provided in Section 5.22 of the Company Disclosure Schedule.
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Related to Tower Cash Flow

  • Net Cash Flow The term “Net Cash Flow” shall mean all cash and cash equivalents from all sources on hand as of the last day of the measurement period prior to any distributions to the Partners, and after the payment of all then due expenses of operating and managing the Restaurants, and after payment of all debts and liabilities and after any prepayments of any debts and liabilities that the General Partner, in its reasonable and good faith discretion, elects to cause to be made, and after the establishment of any reserves reasonably deemed necessary by the General Partner for (i) the repayment of any due debts or liabilities, including debts owed to the General Partner; (ii) the working capital requirements; (iii) capital improvements and replacement of furniture, fixtures or equipment; and (iv) any contingent or unforeseen liabilities. In determining Net Cash Flow of each Restaurant there shall be deducted the Supervision Fee and the Accounting Fee as provided in Section 4.7, the Advertising Payment and the Insurance Payment as provided in Section 4.8, and the OSRS Charges as provided in Section 4.2.

  • Excess Cash Flow In the event that there shall be Excess Cash Flow in excess of $2,500,000 for any Fiscal Year, the Borrower shall, not later than the tenth Business Day following the date that is ninety days after the end of such Fiscal Year, prepay the Loans in an aggregate amount equal to 50% (provided that (i) such prepayment percentage shall be 25% if, as of the last day of the most recently ended Fiscal Year, the Senior Secured Net Leverage Ratio (determined for any such period by reference to the Compliance Certificate delivered pursuant to Section 5.1(c) calculating the Senior Secured Net Leverage Ratio as of the last day of such Fiscal Year) shall be 1.80:1.00 or less and (ii) no such prepayment shall be required by this clause (e) if the foregoing Senior Secured Net Leverage Ratio as of the last day of such Fiscal Year shall be 1.30:1.00 or less) of the entire Excess Cash Flow for such Fiscal Year minus 100% of voluntary repayments of the Loans made during such Fiscal Year with Internally Generated Cash; provided, that, if at the time that any such prepayment would be required, the Borrower is required to repay or repurchase or to offer to repurchase or repay Senior Secured Debt permitted pursuant to Section 6.1 pursuant to the terms of the documentation governing such Indebtedness with all or a portion of such Excess Cash Flow (such Senior Secured Debt required to be repaid or repurchased or to be offered to be so repaid or repurchased, “Other Applicable ECF Indebtedness”), then the Borrower may apply such Excess Cash Flow on a pro rata basis to the prepayment of the Loans and to the repayment or re-purchase of Other Applicable ECF Indebtedness, and the amount of prepayment of the Loans that would have otherwise been required pursuant to this Section 2.10(e) shall be reduced accordingly (for purposes of this proviso pro rata basis shall be determined on the basis of the aggregate outstanding principal amount of the Loans and Other Applicable ECF Indebtedness at such time, with it being agreed that the portion of Excess Cash Flow allocated to the Other Applicable ECF Indebtedness shall not exceed the amount of such Excess Cash Flow required to be allocated to the Other Applicable ECF Indebtedness pursuant to the terms thereof, and the remaining amount, if any, of such net proceeds shall be allocated to the Loans in accordance with the terms hereof); provided further, that to the extent the holders of Other Applicable ECF Indebtedness decline to have such indebtedness repurchased or prepaid, the declined amount shall promptly (and in any event within ten Business Days after the date of such rejection) be applied to prepay the Loans in accordance with the terms hereof.

  • Cash Flow Owner acknowledges that the budget prepared by Manager, pursuant to paragraph 3(k), will contain a category labeled "Cash Flow." Owner agrees, in the event that the budgeted cash flow for the Property is "negative" in any month covered by the budget, to place sufficient funds in a bank account, or to permit Manager to transfer Owner's funds to such account, to make up the budgeted operating deficit. These funds must be placed in such account at least forty-five (45) days before the budgeted deficit is to occur.

  • Gross Proceeds The aggregate purchase price of all Shares sold for the account of the Company through all Offerings, without deduction for Sales Commissions, volume discounts, any marketing support and due diligence expense reimbursement or Organization and Offering Expenses. For the purpose of computing Gross Proceeds, the purchase price of any Share for which reduced Sales Commissions are paid to the Dealer Manager or a Soliciting Dealer (where net proceeds to the Company are not reduced) shall be deemed to be the full amount of the offering price per Share pursuant to the Prospectus for such Offering without reduction.

  • Consolidated Capital Expenditures (i) Company will not, and will not permit any of its Subsidiaries to, make or commit to make Consolidated Capital Expenditures in any Fiscal Year, beginning with the Fiscal Year ending December 31, 2003, except Consolidated Capital Expenditures which do not aggregate in excess of the corresponding amount set forth below opposite such Fiscal Year: Fiscal Year ending December 31, 2003 $ 5,000,000 Fiscal Year ending December 31, 2004 $ 5,000,000 Fiscal Year ending December 31, 2005 and each Fiscal Year thereafter $ 7,000,000 provided that (a) if the aggregate amount of Consolidated Capital Expenditures actually made in any such Fiscal Year shall be less than the limit with respect thereto set forth above (before giving effect to any increase therein pursuant to this proviso) (the “Base Amount”), then the amount of such shortfall (up to an amount equal to 50% of the Base Amount for such Fiscal Year, without giving effect to this proviso) may be added to the amount of such Consolidated Capital Expenditures permitted for the immediately succeeding Fiscal Year and any such amount carried forward to a succeeding Fiscal Year shall be deemed to be used prior to Company and its Subsidiaries using the amount of capital expenditures permitted by this section in such succeeding Fiscal Year, without giving effect to such carryforward and (b) for any Fiscal Year (or portion thereof) following any acquisition of a business (whether through the purchase of assets or of shares of capital stock) permitted under subsection 6.7, the Base Amount for such Fiscal Year (or portion) shall be increased, for each such acquisition, by an amount equal to the product of (A) the lesser of (x) $5,000,000 and (y) 4% of revenues of the business acquired in such acquisition for the period of four Fiscal Quarters most recently ended on or prior to the date of such business acquisition multiplied by (B) (x) in the case of any partial Fiscal Year, a fraction, the numerator of which is the number of days remaining in such Fiscal Year after the date of such business acquisition and the denominator of which is 365 (or 366 in a leap year), and (y) in the case of any full Fiscal Year, 1. (ii) The parties acknowledge and agree that the permitted Consolidated Capital Expenditure level set forth in clause (i) above shall be exclusive of the amount of Consolidated Capital Expenditures actually made with the proceeds of a cash capital contribution to Company (including the proceeds of issuance of equity securities) made by Parent from the issuance by Parent of its equity Securities after the Closing Date and specifically identified in a certificate delivered by an Authorized Officer of Company to Administrative Agent on or about the time such capital contribution is made; provided that, to the extent any such cash capital contributions constitute Net Securities Proceeds after the Closing Date, only that portion of such Net Securities Proceeds which is not required to be applied as a prepayment pursuant to Section 2.4B(ii)(c) (or pursuant to the First Lien Credit Agreement) may be used for Consolidated Capital Expenditures pursuant to this clause (ii).