Combined Basis definition

Combined Basis when used with respect to determining any amount for a Specified Subsidiary means that such amount is to be determined by combining the relevant amounts for the Specified Subsidiary and its Subsidiaries from the accounting books and records maintained for such Specified Subsidiary and its Subsidiaries and utilized in the preparation of the consolidated financial statements of Holdings in accordance with GAAP without performing any eliminating adjustments or allocations of items of income or expense.

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Combined Basis when used with respect to the determination of any amount, means that such amount is to be determined by combining (i) the relevant amount determined with respect to MGM Studios and its Consolidated Subsidiaries on a consolidated basis and (ii) the relevant amount determined with respect to Orion and its Consolidated Subsidiaries on a consolidated basis, all in accordance with GAAP. Unless the context otherwise requires, whenever an amount herein is expressly to be determined with respect to the Combined Companies, such amount shall be determined on a Combined Basis.

Combined Basis when used with respect to determining any amount, means that such amount is to be determined by combining the relevant amounts for each of the Company's businesses in the same manner and with the same pro-forma adjustments as were used in preparing the Company's combined pro-forma financial statements included in the Form 10.

Examples of Combined Basis in a sentence

• Unless the context otherwise requires, whenever an amount is to be determined hereunder with respect to the Combined Companies, such amount shall be determined on a Combined Basis.

• The Fixed Charges Coverage Ratio and the Adjusted EBITDA component of the Leverage Ratio shall be calculated on a Combined Basis for the quarters ending before the FHP Acquisition and on a consolidated basis after the FHP Acquisition.

• LPI shall be liable for, and shall indemnify and hold harmless CMRG from and against any liability for (i) any liability imposed on LPI for Taxes computed under applicable law on a separate company basis and (ii) any liability imposed on LPI or CMRG for Taxes computed under applicable law on a Combined Basis, to the extent such liability is allocable to LPI.

• Unless the context otherwise requires, whenever an amount herein is expressly to be determined with respect to the Combined Companies, such amount shall be determined on a Combined Basis.

• The term "Combined Basis", when used with respect to the determination of any amount, means that such amount is to be determined by combining (i) the relevant amount determined with respect to Renaissance Media (Louisiana) LLC and its consolidated subsidiaries on a consolidated basis and (ii) the relevant amount determined with respect to Renaissance Media (Tennessee) LLC and its consolidated subsidiaries on a consolidated basis, all in accordance with GAAP.

More Definitions of Combined Basis

Combined Basis has the meaning set forth in Section 1.02.

Combined Basis has the meaning set forth in Section 1.02

Combined Basis means, when used with respect to the determination of any amount for purposes of calculating the Consolidated Leverage Ratio, that such amount is to be determined by combining (i) the relevant amount determined with respect to BPZ Peru and its Consolidated Subsidiaries, and (ii) the relevant amount determined with respect to BPZ Lote Z-1 and its Consolidated Subsidiaries.

Combined Basis has the meaning assigned to such term in Section 1.04.

Combined Basis means for accounting purposes, consolidating certain financial data of the Borrowers and their affiliates in the manner in which consolidated and consolidating financial statements are prepared under generally accepted accounting principles.

Combined Basis or similar expressions mean, in respect of the Borrower, the Other Acquisition Companies and their respective Subsidiaries, the accounting results and financial position of the Borrower, the Other Acquisition Companies and their respective Subsidiaries on a consolidated basis calculated on the basis of, and as if, the Borrower, the Other Acquisition Companies and their respective Subsidiaries were one single legal entity resident in Canada and reporting in accordance with GAAP.

Combined Basis when used with respect to determining any amount for any period (or portion of a period) before TheraTx becomes a Subsidiary, means that such amount is to be determined by combining (i) the relevant amount determined with respect to Vencor and its Consolidated Subsidiaries on a consolidated basis and (ii) the relevant amount determined with respect to TheraTx and its Consolidated Subsidiaries on a consolidated basis.