Cash Flow Available for Fixed Charges for any period shall mean, without duplication, (i) EBITDA of the Guarantor and its Consolidated Subsidiaries which are not Unrestricted Subsidiaries for such period, minus (ii) EBITDA for such period of such Consolidated Subsidiaries that are financed with Indebtedness of such Subsidiary or which are direct or indirect Subsidiaries of a Financed Subsidiary of the Guarantor, plus (iii) Distributions received by the Guarantor from Subsidiaries described in the foregoing clause (ii) during such period except to the extent the amount of such Distributions previously constituted "Cash Flow Available for Fixed Charges" during such period as a result of clause (viii) below, minus (iv) Distributions described in the foregoing clause (iii) that are attributable to extraordinary gains or other non-recurring items described in clause (iii) of the definition of "EBITDA", minus (v) any income reported by the Guarantor for such period for Persons that are not Consolidated Subsidiaries of the Guarantor, plus (vi) Distributions received by the Guarantor from Persons described in the foregoing clause (v) during such period, minus (vii) Distributions described in the foregoing clause (vi) that are attributable to extraordinary gains or other non-recurring items described in clause (iii) of the definition of "EBITDA", plus, (viii) cash and Cash Equivalents of Subsidiaries described in clause (ii) above that are legally and contractually available to such Subsidiary for the payment of dividends to the Guarantor, but only to the extent that the source of such cash and Cash Equivalents is from such Subsidiary's EBITDA for such period or from repayments during such period to such Subsidiary of loans made by such Subsidiary.
Cash Flow Available for Fixed Charges means, for as of any Test End Date. EBITDA for the period of four consecutive fiscal quarters of the Company then ended, plus the Applicable Add-Back for such Test-End Date, minus income taxes paid in cash during such period, and minus Non-Financed Capital Expenditures for such period, all as determined on a consolidated basis for the Company and its Subsidiaries in accordance with GAAP.
Cash Flow Available for Fixed Charges for any period shall mean, without duplication, (i) consolidated EBITDA of PPL Montana and its Core Subsidiaries for such period, minus (ii) the portion of such consolidated EBITDA described in the foregoing clause (i) that is attributable to extraordinary gains or other nonrecurring items included in EBITDA (other than to the extent such extraordinary gains or nonrecurring items are offset by extraordinary losses), minus (iii) for each Core Subsidiary having an interest holder other than PPL Montana or its Core Subsidiaries, the amount described in the foregoing clause (i) attributable to such interests, plus (iv) EBITDA of any Additional Subsidiary and the proceeds from any asset sales received by any Additional Subsidiaries, in each case, to the extent such amount is distributed to PPL
Examples of Cash Flow Available for Fixed Charges in a sentence
Consolidated Cash Flow Available for Fixed Charges shall not include the impact of any nonrecurring cash charges incurred in connection with a restructuring, reorganization or other similar transaction, as determined in good faith by an authorized financial officer of the General Partner.
As of the last day of each fiscal quarter of the Parent Guarantor, the ratio of Consolidated Cash Flow Available for Fixed Charges to Consolidated Fixed Charges, in each case for the four fiscal quarters ending on such day, shall not be less than 2.0 to 1.0.
Permit the ratio of Consolidated Cash Flow Available for Fixed Charges to Consolidated Fixed Charges, in each case as of the end of any fiscal quarter of NWS ending after the Effective Date determined for the period of four consecutive fiscal quarters ending on such date, to be less than 2.0 to 1.
Until Final Payment permit, as at the end of each fiscal quarter, the ratio of Consolidated Cash Flow Available for Fixed Charges for the four consecutive fiscal quarter period ending at such date to Consolidated Fixed Charges for such four consecutive fiscal quarter period to be less than 2.50 to 1.
The Parent will not permit, as of the end of any Fiscal Quarter, the ratio of Cash Flow Available for Fixed Charges (for the four Fiscal Quarters ended on such date) to Fixed Charges (for the four Fiscal Quarters ended on such date) to be less than 1.25 to 1.00.
More Definitions of Cash Flow Available for Fixed Charges
Cash Flow Available for Fixed Charges for any period shall mean, without duplication, (i) consolidated EBITDA of PPL Montana and its Core Subsidiaries for such period, minus (ii) the portion of such consolidated EBITDA described in the foregoing clause (i) that is attributable to extraordinary gains or other nonrecurring items included in EBITDA (other than to the extent such extraordinary gains or nonrecurring items are offset by extraordinary losses), minus (iii) for each Core Subsidiary having an interest holder other than PPL Montana or its Core Subsidiaries, the amount described in the foregoing clause (i) attributable to such interests, plus (iv) EBITDA of any Additional Subsidiary and the proceeds from any asset sales received by any Additional Subsidiaries, in each case, to the extent such amount is distributed to PPL Montana or its Core Subsidiaries from such Additional Subsidiary during such period (provided, however, that the amount described in this clause (iv) shall not be included in the calculation of the Cash Flow Available for Fixed Charges for any projected period), minus (v) Capital Expenditures made by PPL Montana and its Core Subsidiaries during such period other than capital expenditures financed with Indebtedness permitted under Sections 6.1(b)(i) or 7.1(b)(i) of the Participation Agreement.
Cash Flow Available for Fixed Charges means, means, for any period, EBITDA for such period, plus Permitted Acquisition EBITDA for such period, minus income taxes paid in cash during such period, minus Non-Financed Capital Expenditures for such period, plus non-cash stock compensation expense for such period, except to the extent that such charges are reserves for future cash charges, all as determined on a consolidated basis for the Company and its Subsidiaries in accordance with GAAP.
Cash Flow Available for Fixed Charges for any period shall mean, without duplication, (i) Consolidated EBITDA for such period, minus (ii) Capital Expenditures made by the Facility Lessee and the Subsidiary Guarantors during such period other than Capital Expenditures financed with the proceeds of Subordinated Indebtedness, contributions to the equity of the Facility Lessee, the proceeds of Permitted Indebtedness described in clause (a) of the definition thereof or IRB Indebtedness or Consolidated EBITDA for an earlier period to the extent (x) such amount of Consolidated EBITDA was specifically reserved during such earlier period for such Capital Expenditure and (y) such Capital Expenditure was at that time treated as being made during such earlier period for purposes of this definition.
Cash Flow Available for Fixed Charges. Fixed Charge Requirements", "Commitment Fee Percentage", "Norwest", "Net Worth", and "Year 2000 Compliant".
Cash Flow Available for Fixed Charges means, for any period, an amount equal to the sum of the following for such period: (a) Net Income of the Parent and its Subsidiaries plus (b) Interest Expense plus (c) taxes on income of the Parent and its Subsidiaries plus (d) Rentals.
Cash Flow Available for Fixed Charges of any Person means, with respect to the applicable Covenant Computation Period, such Person's Pre-Tax Earnings, plus Interest Expense of such Person during such Covenant Computation Period, plus such Person's rental expenses with respect to operating leases during such Covenant Computation Period.
Cash Flow Available for Fixed Charges for any period means, without duplication, (a) Consolidated EBITDA (excluding all Additional Subsidiaries) for such period, minus (b) the portion of such Consolidated EBITDA that is attributable to cash extraordinary gains or other cash nonrecurring revenue or credit items included in Consolidated EBITDA (other than to the extent such cash extraordinary gains or other cash nonrecurring revenue or credit items are offset by cash extraordinary losses), minus (c) for each Core Subsidiary having an equity holder other than the Borrower or any of its Core Subsidiaries, the amount described in the foregoing clause (a) attributable to the Equity Interests owned by such holder plus (d) Consolidated EBITDA (including the proceeds from any asset sales) of Additional Subsidiaries for such period to the extent such amount is distributed to the Borrower or its Core Subsidiaries from such Additional Subsidiaries during such period, minus (e) Capital Expenditures made by the Borrower and its Core Subsidiaries during such period other than capital expenditures financed (i) with Indebtedness referred to in Section 6.01(a) or -------------- (ii) with Indebtedness incurred pursuant to Section 6.01(b)(v). ------------------