The Partnership shall pay and discharge, at or before maturity, all its obligations and liabilities, including, without limitation, Cash Operating Expenses and tax liabilities, except where the same may be contested in good faith, and maintain, in accordance with GAAP, appropriate reserves for the accrual of any of the same.Д¬osts and ExpensesAdjusted Cash Operating Expenses (which excludes debt restructuring and advisory fees, as well as severance costs) for the fourth quarter of 2018 were $16.6 million, or $11.02 per Boe, compared with $18.6 million, or $11.21 per Boe, in the third quarter of 2018. The aggregate amount of Cash Operating Expenses for the most recent fiscal quarter for which financial statements have been delivered to Lenders pursuant to Section 5.01 shall not exceed $23,500,000. Under this method, cash from operations is ascertained as under: Cash from operations = Cash Sales - Cash purchases and Cash Operating Expenses.Д¬ash Operating Expenses includes any insurance, re-leasing and other aircraft operating costs paid and/or accrued by the MSAF Group in the course of the business activities permitted to be conducted by it under the Indenture.Д¬ash Operating Expenses includes all fees, costs or expenses paid by the MSAF Group in the course of the business activities permitted to be conducted by it under the Indenture.

Examples of Cash Operating Expenses in a sentence

Operating expenses formula