Adjusted Interest Coverage Ratio or “Adjusted-ICR” means a ratio that is calculated by dividing the trailing 12 months earnings before interest, tax, depreciation and amortisation (excluding effects of any fair value changes of derivatives and investment properties, and foreign exchange translation), by the trailing 12 months interest expense, borrowing- related fees and distributions on hybrid securities.
Adjusted Interest Coverage Ratio means the ratio of (i) Consolidated Total EBITDA minus Capital Expenditures, to (ii) Consolidated Interest Expense.
Adjusted Interest Coverage Ratio means, with respect to H&E Holdings and its Subsidiaries on a consolidated basis for any period, the ratio of (a) EBITDAR to (b) (i) Interest Expense plus (ii) Operating Lease Payments plus (iii) Capital Lease Payments plus, to the extent not already included under sub clause (i), (ii) or (iii) of this clause (b), Restricted Payments. For the purposes of this definition, Interest Expense for the Fiscal Quarters ending on September 30, 2001, December 31, 2001, and March 31, 2002 shall be deemed to be $8,600,000 for each such Fiscal Quarter.
Examples of Adjusted Interest Coverage Ratio in a sentence
Adjusted interest coverage ratio, pro forma was 16.0 (24.2)x as of June 30, 2021.
We estimated the following metrics for the notional TSO: Adjusted interest coverage ratio (AICR).
These agencies then set specific guidelines for farmers who wish to participate.
In particular, the following metrics were considered in SONI’s business plan: Adjusted interest coverage ratio (AICR), which SONI also refers to as the post maintenance interest coverage ratio (PMICR).
Adjusted interest coverage ratio (including perpetual distribution) as at 31 December 2022 declined to 4.2x from 5.6x a year ago.▪ Per FIRT, the direct rental contribution from PT Siloam International Hospitals Tbk (“SILOAM”) would be ~50% while the remaining 50% from PT Lippo Karawaci Tbk (“LK”).
More Definitions of Adjusted Interest Coverage Ratio
Adjusted Interest Coverage Ratio means, with respect to the Borrower for any period, the ratio of (a) 85% of the Consolidated EBITDA of the Borrower to (b)
Adjusted Interest Coverage Ratio means, as of any date of determination, the ratio of (i) Consolidated EBITDA of the Company and the Restricted Subsidiaries, plus 50% of the Consolidated EBITDA of ARO, for the most recently completed four quarter period for which internal financial statements of the Company are available to (ii) Consolidated Interest Expense of the Company and the Restricted Subsidiaries (with the interest expense for these Notes calculated assuming such interest was paid in cash), plus 50% of the Consolidated Interest Expense of ARO (excluding interest accruing on the Shareholder Instruments held by the ARO JV Shareholder), for such period, subject to the Calculation Principles. 2
Adjusted Interest Coverage Ratio means the ratio, for the Company on a consolidated basis, of (a) the sum of EBITDA, operating rent expense and operating lease expense to (b) the sum of operating rent expense, operating lease expense, and interest expense. This ratio will be calculated at the end of each fiscal quarter, using the results of that quarter and each of the 3 immediately preceding quarters.
Adjusted Interest Coverage Ratio means, for any accounting period, the ratio for Ross and its Subsidiaries, on a consolidated basis, of (a) the sum of EBITDA, operating rent expense, and operating lease expense for such period to (b) the sum of operating rent expense, operating lease expense, and interest expense for such period.
Adjusted Interest Coverage Ratio means, as at any date of determination thereof, the quotient of (i) Adjusted Cash Flow over (ii) Interest Expense, in each case calculated for the period of the trailing four consecutive fiscal quarters ending on or most recently ended prior to such date of determination.
Adjusted Interest Coverage Ratio as of the end of each fiscal quarter of CNG, with respect to CNG and its Subsidiaries on a Consolidated basis, the ratio of (a) EBITDAR for the twelve month period ending on such date to (b) the sum of (i) the aggregate amount paid in cash during the twelve month period ending on such date in respect of items of Interest Expense and (ii) Rental Expense for the twelve month period ending on such date.
Adjusted Interest Coverage Ratio means, for any period, the ratio of (i) EBITDA of the Adjusted Terra Group on a Consolidated basis for such period to (ii) Cash Interest Expense of the Adjusted Terra Group on a Consolidated basis for such