Cash Flow

Cash Flow. Means the sum of (i) net income after tax, dividends and distributions, plus (ii) depreciation expense and amortization, plus (iii) Interest Expense, all determined in accordance with G.A.A.P.

Cash Flow. All proceeds, cash and cash equivalents received by any Borrower, Pledgor or any of their respective affiliates relating to the Pledged Securities and/or the Properties, including, without limitation, in connection with the sale of any Property or any lot thereof, agreements and contracts for reimbursement from sources such as cities, municipal utility districts, water districts and assessment districts, joint venture agreements, profit sharing agreements, and development agreements

Cash Flow. Means, for any period of determination, Net Income, plus depreciation and amortization, plus any Interest Expense that is accrued but not paid currently, plus repayments of Stock Purchase Loans, minus Capital Expenditures to the extent such Capital Expenditures are paid in cash, minus all scheduled repayment of principal on Debt (whether or not actually paid), minus all funds expended for the repurchase, redemption or retirement of the Guarantor's 12% Senior Subordinated Notes, minus all funds... expended for the repurchase, redemption or retirement of the Guarantor's issued and outstanding capital stock to the extent permitted hereunder, minus any Stock Purchase Loans made by the Borrower or the Guarantor to the extent such loans are made in cash, minus cash stock dividends, all as determined in accordance with GAAP on a consolidated basis View More

Cash Flow. On an annual basis, as of the Testing Date, the actual rental payments (including, but not limited to, payments for taxes, insurance and operating expenses) with respect to the Property actually received by Borrower for the twelve (12) calendar month period which ended on the Testing Date, minus the actual Operating Expenses for such period. Cash Flow shall be increased by the amounts of any extraordinary non-recurring maintenance items that were incurred during such twelve (12) calendar month... period View More

Cash Flow. On an annual basis, as of the Testing Date, the difference between (1) Gross Revenue with respect to the Property actually received by Borrower for the trailing twelve (12) calendar month period ending on the Testing Date, minus (2) the sum of (A) the actual Operating Expenses for such period, (B) an amount for reasonable management expenses equal to the greater of three percent (3%) or the actual management expenses for such period (such management fees shall include both base management fees... and incentive management fees), and (C) an amount for FF&E expenditures equal to four percent (4%) of Gross Revenues for such period. Cash Flow shall be adjusted by Lender, if necessary, to accurately reflect the amounts of any extraordinary non-recurring maintenance items that were incurred during such trailing twelve (12) calendar month period View More

Cash Flow. Operating income before depreciation and amortization for the Company and those of its affiliates which are included with the Company in its consolidated financial statements, as determined by the Committee. In the event there is a significant acquisition or disposition of any assets, business division, company or other business operations of the Company that is reasonably expected to have an effect on Cash Flow, the Committee shall adjust the First Tier Goal and the Second Tier Goal to take... into account the impact of such acquisition or disposition by increasing or decreasing such goals in the same proportion as Cash Flow of the Company would have been affected for the prior calendar year on a pro forma basis had such an acquisition or disposition occurred on the same date during the prior calendar year. Such adjustment shall be based upon the historical equivalent of Cash Flow of the assets so acquired or disposed of for the prior calendar year, as shown by such records as are available to the Company, as further adjusted to reflect any aspects of the transaction that should be taken into account to ensure comparability between amounts in the prior calendar year and the year to which the performance condition applies. View More

Cash Flow. The Company's cash from operations less capital expenditures, excluding the impact of foreign currency exchange rate fluctuation, for the award period as calculated by the Company, consistent with Section 162(m) of the Code, in its sole and complete discretion.

Cash Flow. Means as to any Performance Period, cash generated from business activities.

Cash Flow. Means the sum of (i) net investment income before taxes, plus (ii) depreciation expense and amortization, plus (iii) Interest Expense, plus (iv) non-cash expenses, plus (v) the Capital Gains Fee paid to Investment Advisor in cash, all determined in accordance with G.A.A.P.