Borrowers on a Consolidated Basis definition

Borrowers on a Consolidated Basis means the consolidation in accordance with GAAP of the accounts or other items of the Borrowers and their respective Subsidiaries.

Borrowers on a Consolidated Basis means the consolidation of SYX and the Borrowers and the Subsidiaries of any Borrower (without duplication) in accordance with GAAP, but excluding all Subsidiaries of any Borrower located outside of the United States of America other than UK Borrower.

Borrowers on a Consolidated Basis means Allied Motion, Motor Products, Allied Motion Control, Emoteq, Computer Optical, AMOT I, AMOT II, AMOT III, New Stature and Ahab.

Examples of Borrowers on a Consolidated Basis in a sentence

• Six years after the program started, the China Foundation issued the following evaluation: For the last six years, the Foundation has, in addition to subsidizing salaries paid by schools in receipt of grants, provided $10,000 per professorship to purchase equipment.

• Such financial statements present fairly, in all material respects, the financial position and results of operations and cash flow of Borrowers on a Consolidated Basis as of such dates and for such periods in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of the statements referred to in clause (ii) above.

• For the purposes of this Section 5.24, material Customers shall mean Customers generating at least five percent (5%) of the aggregate gross revenue of the Business conducted by the Borrowers on a Consolidated Basis on a yearly basis.

• Borrowers, on a Consolidated Basis, shall maintain at all times during and at the end of each fiscal quarter ending on a date set forth below a Net Worth of not less than the amount set forth below opposite such date: Fiscal Quarter ending on or about: Minimum Net Worth: September 30, 2006 $ 8,672,587 December 30, 2006 $ 7,874,372 March 31, 2007 $ 7,464,132 June 30, 2007 $ 7,910,688 September 30, 2007 $ 7,720,385 (c) Leverage Ratio.

• Actually, the National adoptions rate in percentage is as to the period of March 2023 is: 87.07% CEN, 92.36% CENELEC; 89.17% OJEU, 94.75% CENELEC; 40% ETSI % in total and 3.6% ETSI % OJEU only.

More Definitions of Borrowers on a Consolidated Basis

Borrowers on a Consolidated Basis except to the extent limited in this definition, shall mean the consolidation in accordance with GAAP of the accounts or other items of Borrowers. Presentations of financial information for the Borrowers on a Consolidated Basis shall be consolidated from the applicable audited or unaudited consolidating financial statements of E Com Ventures, Inc. Financial information shall not include footnote disclosure required by GAAP with respect to the Borrowers on a Consolidated Basis, but shall be deemed to include the footnote disclosure contained in E Com Ventures, Inc.'s related audited or unaudited financial statements as it relates to such disclosure related to Borrowers on a Consolidated Basis.

Borrowers on a Consolidated Basis means the Borrowers' accounts or other items as to which such term applies, consolidated in accordance with GAAP.

Borrowers on a Consolidated Basis means the consolidation of the accounts or other items of Akrion, Goldfinger and each of their Subsidiaries in accordance with GAAP.

Borrowers on a Consolidated Basis means the Foster, CXT, Natmaya and Fosmart.

Borrowers on a Consolidated Basis means (i) prior to such time as Portec and its Domestic Subsidiaries join this Agreement as additional Borrowers, or are required by the terms of this Agreement to join as additional Borrowers, Xxxxxx, Xxxxxx Xxxxxx and CXT, and (ii) at such time as Portec and its Domestic Subsidiaries join this Agreement as additional Borrowers, or are required by the terms of this Agreement to join as additional Borrowers, Xxxxxx, CXT, Xxxxxx Xxxxxx, Portec and the Domestic Subsidiaries of Portec.

Borrowers on a Consolidated Basis means SEMX, PCI, ASPI, SPM, TPS and Type III.

Borrowers on a Consolidated Basis means the consolidation in accordance with GAAP of the accounts or other items of Borrowers and their respective Subsidiaries. “Borrowers’ Account” shall have the meaning set forth in Section 2.10 hereof. “Borrowing Agent” shall mean VMC. “Borrowing Base Certificate” shall mean a certificate in substantially the form of Exhibit 1.2 hereto duly executed by the President, Vice President Finance or Controller of the Borrowing Agent and delivered to the Agent, appropriately completed, by which such officer shall certify to Agent the Formula Amount and calculation thereof as of the date of such certificate. “BSBY Floor” means a rate of interest equal to zero basis points (0.00%). “BSBY Rate” means, for any BSBY Rate Loan for any Interest Period, the rate per annum determined by the Agent by dividing (the resulting quotient rounded upwards, at the Agent’s discretion, to the nearest 1/100th of 1%) (a) the BSBY Screen Rate two (2) Business Days prior to the first day of such