Consolidated Debt Service. The ratio (the "Cash Flow Ratio") as of the end of each fiscal quarter of the Borrower of (i) Consolidated Operating Cash Flow for the four consecutive fiscal quarters then ended to (ii)
Consolidated Debt Service. The Consolidated scheduled payments of principal and interest on Indebtedness of the Borrower and its Subsidiaries during the relevant fiscal period.
Consolidated Debt Service. (a) cash Consolidated Interest Expense (b) scheduled principal payments Total Consolidated Debt Service During Period:
Consolidated Debt Service. The term “CONSOLIDATED DEBT SERVICE” means for any period of four (4) consecutive fiscal quarters, the amount of cash, interest expense and payments of principal (excluding (a) payments of principal made on any LOANS or on account of principal under any other revolving credit facilities, and (b) the Fourteen Million Five Hundred Eighty-Four Thousand Dollar ($14,584,000.00) principal payment made to Southwestern Illinois Development Authority in October, 2005 in connection with the credit facility described in the Loan Agreement dated May 1, 1996 between Gateway International Motorsports Corporation and Southwestern Illinois Development Authority) required to be paid by the BORROWERS during such period, all determined on a consolidated basis in accordance with G.A.A.P.
Consolidated Debt Service. With respect to any period, the sum of (a) Consolidated Interest Expense for such period, plus (b) all regularly-scheduled principal payments paid with respect to Indebtedness of REIT and its Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays or defeases such Indebtedness in full and any related defeasance premiums; provided, that Consolidated Debt Service shall not include any cash payments made under the Incentive Listing Note so long as the obligations thereunder are subject to the Subordination and Standstill Agreement. Such Person’s Equity Percentage in the debt service referred to above of its Unconsolidated Affiliates shall be included in the determination of Consolidated Debt Service.
Consolidated Debt Service. All components of the Fixed Charge Coverage Ratio Shall be annualized for the following three periods: (i) July 1, 1995, through September 30, 1995; (2) July 1, 1995, through December 31, 1995; and (iii) July 1, 1995, through March 31, 1996; provided, however, Current Portion of Long Term Debt (a component of Consolidated Debt Service), shall be a fixed annual amount. "Annualized" as used herein shall mean: (A) for one quarter the ratio of (i) the product of (y) the sum of Consolidated Net Income plus Consolidated Interest Expense times (z) four (4) divided by (ii) the sum of (y) the product of Consolidated Interest Expense multiplied by four (4) plus (z) the Current Portion of Long Term Debt; (B) for two cumulative quarters the ratio of (i) the product of (y) the sum of Consolidated Net Income plus Consolidated Interest Expense times (z) two (2) divided by (ii) the sum of (y) the product of Consolidated Interest Expense multiplied by two (2) plus (z) the Current Portion of Long Term Debt; and (C) for three cumulative quarters the ratio of (i) the quotient of (y) the sum of Consolidated Net Income plus Consolidated Interest Expense divided by (z) three (3) times (ii) four (4) divided by the sum of the quotient of the sum of Consolidated Interest Expense divided by three (3) times four (4) plus the Current Portion of Long Term Debt.
Consolidated Debt Service. For purposes of calculating the Debt Service Coverage Ratio as at September 30, 1997, the numerator (set forth in clause (a) above) and denominator (set forth in clause (b) above) of ---------- ---------- the Debt Service Coverage Ratio shall be measured on the basis of the two consecutive fiscal quarters ending on September 30, 1997. For purposes of calculating the Debt Service Coverage Ratio as at December 31, 1997, the numerator (set forth in clause (a) above) and the denominator (set forth in ---------- clause (b) above) of the Debt Service Coverage Ratio shall be measured on the ---------- basis of the three consecutive fiscal quarters ending December 31, 1997.
Consolidated Debt Service. (a) CMLTD of Plasti-Line and its $____________ Consolidated Subsidiaries for the immediately preceding twelve- month period
Consolidated Debt Service. For the most recently completed four fiscal quarters for the REIT and its Subsidiaries, the sum (without duplication) of (i) Consolidated Interest Expense for such period, plus (ii) the scheduled principal amount of all amortization payments (but not final balloon payments at maturity) for such period on all Indebtedness of the REIT and its Subsidiaries. Consolidated Debt Service shall include the REIT’s share based on its Equity Percentage of the above-described items from any non-Wholly-Owned Subsidiary and Unconsolidated Affiliate. Consolidated Debt Service for the period shall be adjusted on a proforma basis to account for properties acquired or sold in the period in a manner satisfactory to the Agent.
Consolidated Debt Service. For any fiscal quarter, (a) Consolidated Total Interest Expense for such quarter plus (b) the aggregate amount of scheduled principal payments of Indebtedness (excluding (x) optional prepayments and (y) scheduled principal payments in respect of any Indebtedness which is not amortized through equal periodic installments of principal and interest over the term of such Indebtedness, including, without limitation, balloon payments at maturity) required to be made during such quarter by the Borrower and any of its Subsidiaries plus (c) the aggregate amount of capitalized interest required in accordance with GAAP to be paid or accrued by the Borrower or its Subsidiaries during such quarter.
