Consolidated Senior Debt Sample Clauses

Consolidated Senior Debt the sum of: 11 at any date, the aggregate principal amount of all Indebtedness (other than (i) all obligations of such Person, contingent or otherwise, as an account party or applicant under or in respect of acceptances, letters of credit, surety bonds or similar arrangements or (ii) the liquidation value of all redeemable preferred Equity Interests of such Person) of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP: that is secured by a Lien of any asset or property of the Borrower or any Restricted Subsidiary; and incurred by any Subsidiary of the Borrower Consolidated Senior Debt
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Consolidated Senior Debt. Consolidated Total Debt less the outstanding amount of any Subordinated Debt. Consolidated Total Assets. All assets of BGI and its Subsidiaries determined on a consolidated basis in accordance with GAAP.
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Consolidated Senior Debt. Consolidated Funded Debt minus the aggregate outstanding amount of the Subordinated Debt and any other unsecured Indebtedness of the Borrower and/or any of its Subsidiaries which is subordinated and made junior to the payment and performance in full of the Obligations on such terms and conditions and pursuant to such documents and instruments as shall be acceptable to the Banks and the Agent.
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Consolidated Senior Debt. Consolidated Debt (see #1 for calculations): ___________ less Consolidated Debt that constitutes Permitted Subordinated Debt and/or Permitted Refinancing Indebtedness at the date of determination: ___________ equals Consolidated Senior Debt: ___________
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Consolidated Senior Debt. EBITDA Ratio. Permit, for each period of four consecutive fiscal quarters ending June 30, 1997 and for each period of four consecutive fiscal quarters ending thereafter, the Consolidated Senior Debt/EBITDA Ratio of the Borrower and its Subsidiaries to be greater than 2.50 to 1.00. For the purposes of subsections (b), (c), (d) and (e) above and the calculation of any Applicable Eurodollar Rate Margin and the Applicable Facility Fee Rates, if, as of any date, a determination of EBITDA, EBITDAL, Lease Expense, Capital Expenditures or any other component of the ratios referred to in such subsections (the "Ratio Components") is required to be made as to any period prior to the date of such determination (a "Determination Period"), such determination shall be made so as to give effect to the following:
Sample 1
Consolidated Senior Debt. The Company shall not at ------------------------ any time permit the ratio of Consolidated Senior Debt to Consolidated Adjusted Total Capitalization ("Senior Leverage Ratio") to exceed, as measured on the last day of each fiscal quarter, (x) 60.0% for the period from the closing date of the Colorstrip Acquisition through February 28, 1999, (y) 57.5% for the period from March 1, 1999 to February 29, 2000, and (z) 55.0% thereafter, provided that, if at any time the Company shall complete a Qualified Public Offering, thereafter the Senior Leverage Ratio shall not exceed 55%, as measured on the last day of each fiscal quarter."
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Consolidated Senior Debt. $[ __, __, __ ]
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Related to Consolidated Senior Debt

  • Consolidated Senior Leverage Ratio Permit at any time the Consolidated Senior Leverage Ratio to exceed the ratio set forth opposite the applicable period below: Consolidated Period Senior Leverage Ratio ------ --------------------- March 30, 2003 2.30 : 1.00 March 31, 2003 - June 29, 2003 2.20 : 1.00 June 30, 2003 - December 28, 2003 2.00 : 1.00 December 29, 2003 and thereafter 1.75 : 1.00

  • Consolidated Senior Secured Leverage Ratio Permit the Consolidated Senior Secured Leverage Ratio as of the end of any Measurement Period to be greater than 3.50 to 1.00.

  • Consolidated Total Indebtedness All Indebtedness of Parent Borrower and its Subsidiaries determined on a consolidated basis and shall include (without duplication), such Person’s Equity Percentage of the Indebtedness of its Unconsolidated Affiliates.

  • Funded Indebtedness 2 GAAP............................................................ 6

  • Consolidated Secured Leverage Ratio The Borrower shall cause the Consolidated Secured Leverage Ratio, as of the end of any fiscal quarter, to be equal to or less than 30%.

  • Unsecured Indebtedness All Indebtedness of Borrower, of any Guarantor or of any of the other Related Companies to the extent not secured by a Lien on any Properties including, without limitation, the Outstanding Obligations and any Indebtedness evidenced by any bonds, debentures, notes or other debt securities presently outstanding or which may be hereafter issued by Borrower or by the Company. Unsecured Indebtedness shall not include accrued ordinary operating expenses payable on a current basis.

  • Total Debt The Company will not at any time permit Consolidated Total Debt to exceed any of the following:

  • Consolidated Interest Expense With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

  • Investments; Indebtedness Virata shall not, and shall not permit ------------------------- any of its Subsidiaries to (i) make any loans, advances or capital contributions to, or investments in, any other Person, other than (A) loans or investments by Virata or a Subsidiary of Virata to or in Virata or any Subsidiary of Virata, (B) in the ordinary course of business consistent with past practice which are not, individually or in the aggregate, material to Virata and its Subsidiaries taken together as a whole (provided that none of such transactions referred to in this clause (B) presents a material risk of making it more difficult to obtain any approval or authorization required in connection with the Merger under Regulatory Law) or (ii) except in the ordinary course consistent with past practice, incur any indebtedness for borrowed money or guarantee any such indebtedness of another Person, issue or sell any debt securities or warrants or other rights to acquire any debt securities of Virata or any of its Subsidiaries, guarantee any debt securities of another Person, enter into any "keep well" or other agreement to maintain any financial statement condition of another Person (other than any wholly owned Subsidiary) or enter into any arrangement having the economic effect of any of the foregoing.

  • Secured Indebtedness The Borrower shall not permit the ratio of (i) Secured Indebtedness of the Borrower and its Subsidiaries to (ii) Total Asset Value to be greater than 0.40 to 1.00 at any time.

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