UNALLOCATED CASH FLOW

UNALLOCATED CASH FLOW. Means the sum of (a) Consolidated EBITDA, plus (b) rent and operating lease expense, less (c) cash dividends, less (d) cash taxes and less (e) unfinanced capital expenditures of the Borrower determined as follows: (i) for the quarter ended March 31, 2002, such items shall be calculated at the end of such quarter and annualized by multiplying unallocated cash flow for the quarter by four, (b) for the quarter ending June 30, 2002, such items... shall be calculated at the end of such quarter, added to the unallocated cash flow for the previous quarter and annualized by multiplying such sum by two, (c) for the quarter ending September 30, 2002, such items shall be calculated at the end of such quarter, added to unallocated cash flow for the previous two quarters and annualized by multiplying such amount by 1.33333, (d) for all quarters ending on or after December 31, 2002, unallocated cash flow shall be determined on a trailing four-quarter basis. View More