Common use of Consolidated and Consolidating Clause in Contracts

Consolidated and Consolidating. When used with reference to financial or accounting terms, that term as applied to the accounts of the Borrower (or other specified Person) and all of its Subsidiaries, or such of its Subsidiaries as may be specified, consolidated (or combined) or consolidating (or combining), as the case may be, in accordance with GAAP and with appropriate deductions for minority interests in Subsidiaries.

Appears in 4 contracts

Samples: Credit Agreement (Pegasus Communications Corp), Credit Agreement (Pegasus Communications Corp /), Term Loan Agreement (Pegasus Satellite Communications Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.