Adjusted Consolidated definition

Adjusted Consolidated means produced by commencing with the consolidated financial statements or accounts of the Borrower and subtracting the assets, Debt, EBITDA and other results of any Subsidiary of the Borrower that is not a member of the VL Group, all as otherwise determined in accordance with GAAP.
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Adjusted Consolidated means Consolidated (as herein defined) less accounts of Treadco.
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Adjusted Consolidated for any period, or as of any time, shall have the same meaning as "consolidated" except that the Unrestricted Subsidiaries are accounted for on a cost basis rather than on a consolidated basis for such period or as of such time.
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Examples of Adjusted Consolidated in a sentence

  • Accordingly, assets, EBITDA, Debt, and Excess Cash Flow shall be calculated on an Adjusted Consolidated basis when such terms apply to the VL Group and on a consolidated basis when such terms apply to the Borrower.


More Definitions of Adjusted Consolidated

Adjusted Consolidated means, with respect to any Person, such Person and --------------------- its Subsidiaries (other than Subsidiaries which are not Restricted Subsidiaries) on a consolidated basis.
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Adjusted Consolidated shall have the same meaning as "Consolidated" except that the Unrestricted Subsidiaries are accounted for on a cost basis rather than on a Consolidated basis;
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Adjusted Consolidated means the aggregate net income (or loss) Net Income" of the Guarantor and its consolidated Subsidiaries determined in accordance with GAAP; provided that the following items shall be excluded in computing Adjusted Consolidated Net Income (without duplication): (i) the effects of foreign currency exchange adjustments under GAAP, (ii) any gains or losses (on an after-tax basis) attributable to vessel sales or to prepayment of Indebtedness and (iii) any extraordinary gains (or losses).
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Related to Adjusted Consolidated

  • Adjusted Consolidated Working Capital means, at any time, Consolidated Current Assets (but excluding therefrom all cash and Cash Equivalents) less Consolidated Current Liabilities at such time.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Consolidated Net Interest Expense means, for any Person for any period, the remainder of the following for such Person and its Consolidated Subsidiaries for such period: (a) interest expense, minus (b) interest income.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated First Lien Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.