Operating Cashflow definition

Operating Cashflow means cash flow from operating activities as stated in Tenant’s audited financials, as determined by generally accepted accounting principles
View Source
Operating Cashflow means all cash received by the Partnership from all sources (including investment income from all reserves and other liquid investments of the Partnership but excluding proceeds from a Capital Transaction) less all cash expended or reserved for all due and maturing liabilities, including debt service (principal and interest) on the First Mortgage Loan and the Subordinated Mortgage Loan, capital and operating expenditures, and other obligations of the Partnership whether or not secured by the assets of the Partnership but no deductions shall be made for (i) expenditures and reserves actually deducted in determining Extraordinary Cashflow, (ii) the Preferred Return and Deferred Preferred Return, (iii) the Incentive Management Fee and (iv) the Deficiency Loans and Additional Loans.
View Source
Operating Cashflow means, in relation to any accounting reference period of any Borrower, such Borrower's Total Operating Profit plus amounts charged to depreciation and amortisation, capital receipts from the disposals of assets and funds received from equity subscription and capital issues minus corporation tax paid and capital expenditure plus or minus movements in working capital (each as shown in such Borrower's audited financial statements delivered to the Bank in accordance with clause 11.1 for such accounting reference period);
View Source

Examples of Operating Cashflow in a sentence

  • Operating Cash Flow Ratio = Cash Flow from Operations / Current Liabilities Operating Cashflow more than 1 = 2.5 marks Operating Cashflow less than 1 = 1 Mark 1 or 2.5 The above Financial Ratios have to be derived from first Principles from the Audit Statements.

  • Subject to paragraph (d) below, Consolidated Operating Cashflow calculated on a rolling twelve month basis ending on any Quarter Date specified in the table in paragraph (c) below shall not be less than Y times Consolidated Total Net Cash Interest Payable calculated on a rolling twelve month basis, where Y has the value indicated for such period in such table (rounded to the second decimal number).

  • Aura agrees that it will not accelerate, commence any legal action or take any other action to compel payment by the Company of any Company Obligations if the Company's failure to pay any amount of Company Obligations when due results from insufficient Net Operating Cashflow in any calendar month.

  • Permit the Cumulative Net Operating Cashflow of the Loan Parties for any week to be less than (i) the Cumulative Net Operating Cashflow of the Loan Parties specified for such week in the Initial Approved Cash Forecast (or, if such week is not included in the Initial Approved Cash Forecast, the first Approved Cash Forecast that includes such week) minus (ii) $5,000,000.

  • Subject to appropriate subordination agreements which may be required by the holders of the First Mortgage Loan, the Partnership shall be required to pay interest and principal on Deficiency Loans and Additional Loans solely from Operating Cashflow and Extraordinary Cashflow in the following manner and shall not be required to pay such Deficiency Loans from any other sources: FIRST: In payment of interest and then principal of all outstanding Additional Loans.

  • Operating Cashflow shall be paid in reduction of such loans at least once per year on or before the 120th day following the end of the Partnership's fiscal year.

  • Sales 27,705 Gross Margin 5,983 Depreciation and Amortisation 1,361 Operating EBITDA 3,080 Administration costs (196) Restructuring 0 EBITDA 2,884 Movement in working capital (10,349) Trading Cashflow (7,465) Capital Expenditure & Research and Development (1,980) Operating Cashflow (9,445) Operating cashflow has been impacted by accelerated payment terms required by Comalco following the appointment of Administrators to the ION Administration Group.

  • If the Operating Cashflow was more than $42,300 but less than $70,500, then Investor shall be entitled to $42,300 thereof, and HOMI shall be entitled to the balance of the Operating Cashflow.

  • As of each Advance Date, no Forecast Funding Shortfall (determined in the case of the Initial Advance under the Term Loan Facilities without taking account of any amount of Net Operating Cashflow in excess of the Base Net Operating Cashflow Amount, any amount of Contingent Equity, any amount of Contingent Subordinated Funding or any amount of the Contingent Debt Facilities) has occurred and is continuing or could reasonably be expected to result from any Advance proposed to be made thereon.

  • If the Operating Cashflow for the year was less than $42,300, then Investor shall be entitled to all of said Operating Cashflow.


More Definitions of Operating Cashflow

Operating Cashflow means (a) net earnings, which is net of an income tax provision determined in accordance with IFRS, plus the following items not involving cash and/or operations: (i) depreciation and amortization; (ii) future income tax provisions; (iii) employee future benefits; (iv) financing expenses not directly attributable to the Transferred Assets; (v) loss (gain) on disposal of assets; (vi) net foreign exchange gain (loss) (not in the ordinary course of business); (vii) allocations of corporate costs; (viii) unrealized gains (loss) on financial instruments; (ix) stock based compensation; and (x) other non-cash or non-operating items in net earnings, each of the foregoing as determined in accordance with IFRS less (b) the amount of capital expenditures directly attributable to the Transferred Assets or Non-Transferred Assets, as applicable, required to sustain the operation of those assets;
View Source
Operating Cashflow means distributions to the Venture from El Conquistador Partnership L.P. out of funds constituting Operating Cash Flow under the El Conquistador Partnership Agreement and interest income received by the Venture from the investment of funds less all cash expended or reserved for currently due or maturing liabilities.
View Source
Operating Cashflow means Consolidated EBITDA adjusted by taking into account any exchange rate movements. Quarter Date means, as appropriate, 31st March, 30th June, 30th September and 31st December.
View Source
Operating Cashflow means all cash received by the Partnership from all sources (including investment income from all reserves and other liquid investments of the Partnership but excluding proceeds from a Capital Transaction) less all cash expended or reserved for all due and maturing liabilities, including debt service (principal and interest) on the First Mortgage Loan, capital and operating expenditures, and other obligations of the Partnership whether or not secured by the assets of the Partnership but no deductions shall be made for (i) expenditures and reserves actually deducted in determining Extraordinary Cashflow, (ii) Preferred Return(s) and Deferred Preferred Return(s), (iii) the Incentive Management Fee and (iv) payment of Deficiency Loans and Additional Loans.
View Source

Related to Operating Cashflow

  • Operating Cash Flow means the Company’s or a business unit’s sum of Net Income plus depreciation and amortization less capital expenditures plus changes in working capital comprised of accounts receivable, inventories, other current assets, trade accounts payable, accrued expenses, product warranty, advance payments from customers and long-term accrued expenses, determined in accordance with generally acceptable accounting principles.

  • Net Operating Cash Flow means the net cash flow to the Partnership resulting from ownership and operation of the Partnership Property, plus any other items of income received in cash by the Partnership less (i) all debts and expenses paid in the operation of the Partnership, (ii) any reserves which the General Partners deem reasonably necessary for the operation of the Partnership or for the satisfaction of obligations of the Partnership pursuant to Section 8.6, and (iii) all proceeds which are (A) received by the Partnership from the Transfer of Partnership Property, and (B) used to purchase or reserved, as determined by the General Partners in furtherance of their fiduciary duties hereunder and under the Act, for the purchase of other Partnership Property.

  • Cashflow has the meaning given to that term in Clause 22.1 (Financial definitions).

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.