Actual Free Cash Flow

Example Definitions of "Actual Free Cash Flow"
Actual Free Cash Flow. In respect of a fiscal year, EBITDA less the sum of capital expenditures as set forth in the Company's audited financial statements; provided that the Board of Directors may make such equitable adjustments to capital expenditures as it reasonably deems to be appropriate in order to achieve the intention of this Agreement after giving effect to significant events including, without limitation, acquisitions, dispositions, mergers or similar transactions.
Actual Free Cash Flow. In respect of a fiscal year, EBITDA less the sum of capital expenditures as set forth in the Company's audited unaudited financial statements; provided that the Board of Directors Compensation Committee may make such equitable adjustments to capital expenditures as it reasonably deems to be appropriate in order to achieve the intention of this Agreement after giving effect to significant events including, without limitation, acquisitions, dispositions, mergers or similar transactions.
View Variations
All Definitions