Free Cash Flow

Free Cash Flow. (k) "Free Cash Flow" means the Company's "Net Cash Provided by Operating Activities" (as stated in the Company's Consolidated Statement of Cash Flows) reduced by capital expenditures and cash paid for intangible assets, and adjusted for any amounts related to certain nonoperating items, net of estimated tax benefits (such as income taxes on investment sales, and nonrecurring payments related to income taxes and litigation contingencies of acquired companies), provided that adjustments to "Net... Cash Provided by Operating Activities" applied to determine "Free Cash Flow" for each year shall be determined consistently with the Company's reconciliations of "Free Cash Flow" to the Company's "Net Cash Provided by Operating Activities" for the Company's calendar years ending December 31, 2006, December 31, 2007 and December 31, 2008 as reflected on Forms 8-K filed by the Company on February 1, 2007, February 14, 2008 and February 18, 2009, respectively, such that the "Free Cash Flow" for each year beginning after 2008 and ending before [Year 6] shall be determined on the same basis as for the Company's calendar years ending December 31, 2006, December 31, 2007 and December 31, 2008 and that the comparison of "Free Cash Flow" for a year to "Free Cash Flow" for the immediately preceding year is determined to ensure comparability between amounts in the prior calendar year and the year to which the performance condition applies and without regard to extraordinary items or items unrelated to the Company's operations. 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 Free 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 Free 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 Free 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

Free Cash Flow. Adjusted EBITDA less capital expenditures and cash used to purchase customer bases.

Free Cash Flow. Means for any period, the excess, if any of (a) Consolidated Cash Flow (as defined in the Indenture) for such period, less (b) the aggregate amount paid in cash by the Borrower during such period on account of capital expenditures (other than those financed with purchase money indebtedness), taxes and the principal of and interest on Indebtedness

Free Cash Flow. EBITDA minus Capex, Drydock Costs and Cash Taxes. 5 "GAAP" means United States generally accepted accounting principles, consistently applied.

Free Cash Flow. Shall mean HickoryTech's Earnings Before Interest, Taxes, Depreciation and Amortization less Capital Expenditures, Dividends, Mandatory Debt Principal Repayment, Interest and GAAP Taxes.

Free Cash Flow. Shall mean the Corporation's consolidated cash flows from operating activities less capital expenditures, determined based on U.S. Generally Accepted Accounting Principles as in effect on the Award Date.

Free Cash Flow. For purposes of this Agreement means revenue generated directly from the performance of a Charter Agreement less the direct operating costs to generate the revenue

Free Cash Flow. A Restricted Stock Unit with respect to which the terms and conditions are set forth in Section 3(c) of this Agreement.

Free Cash Flow. Shall mean, for any applicable period, EBITDA (as defined above) for such period minus capital expenditures during such period and increased or decreased, as the case may be, by the change in Operating Working Capital during such period.

Free Cash Flow. (iii) the aggregate principal amount of any repayments of Indebtedness by the Borrower during such period (other than (1) mandatory prepayments of the Loans, pursuant to Section 2.12, with the Net Cash Proceeds of any Disposition by any Subsidiary of any Property, to the extent such mandatory prepayments are funded with distributions excluded from Free Cash Flow pursuant to subclause (x) of clause (a) above in this definition and (2) prepayments of Tranche B Term Loans as provided in the First... Amendment). View More