Combined Basis definition

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 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.

Combined Basis has the meaning set forth in Section 1.02.

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.
The principal activities of the Company are investment holding, manufacturing, sale and trading in steel bars and related products whilst the principal activities of the subsidiaries and associated companies are disclosed in Note 3 to the financial statements.
Purchase any assets or business or make any capital expenditure (other than Required Capital Expenditures, Permitted Capital Expenditures or capital expenditures made with amounts referred to in Section 3.6 (Mandatory Prepayment)) exceeding the equivalent of ten million Dollars ($10,000,000) on a Combined Basis in respect of both Borrowers in any given twelve (12) month period.

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.

Combined Basis has the meaning set forth in Section 1.02

Combined Basis when used with respect to determining any amount, 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 Hillhaven and its Consolidated Subsidiaries on a consolidated basis.

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 means the consolidated and combined, without duplication, financial statements for the Borrower, Gallatin River Holdings L.L.C., MEBTEL Long Distance Solutions, Inc. Madison River Long Distance Solutions, Inc. and the subsidiaries of those companies without duplication.

Combined Basis means the notional consolidation of the accounts of the Borrowers, but excluding any intercompany transaction between them.

Combined Basis means the notional consolidation of the accounts of the Borrowers, but excluding any intercompany transaction between them. Commitment Fee has the meaning assigned to that term in Section 3.8.1 (Charges and Fees). Commitment Termination Date means the earliest of: