Combined Fixed Charges means, for any period, as determined on a combined basis and in accordance with GAAP, without duplication, the aggregate of (i) Combined Interest Expense and (ii) scheduled principal payments on Indebtedness of any of the Credit Parties due in the twelve months preceding the measurement date.

Combined Fixed Charges means, with respect to Borrowers and their Subsidiaries on a combined basis for any period, the sum, determined on a combined basis, of (a) the Combined Cash Interest Expense for such period, (b) the principal amount of Combined Total Debt having a scheduled due date during such period, (c) all cash dividends payable by Borrowers and their Subsidiaries on Equity Interests in respect of such period to persons other than Borrowers and their Subsidiaries and (d) all commitment fees and other costs, fees and expenses payable by Borrowers and their Subsidiaries on a combined basis during such period in order to effect, or because of, the incurrence of any Indebtedness.

Examples of Combined Fixed Charges in a sentence

Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividend Requirements For the purpose of calculating the ratio of earnings to fixed charges, earnings are defined as consolidated income from continuing operations before income taxes plus fixed charges.
Exhibit 12 - Computation of ratios 12.1 Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends.
Exhibit 12 - Computation of ratios 12.1 Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends as required under SDG&E's August 1993 registration of 5,000,000 shares of Preference Stock (Cumulative).
S-10 Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Stock DividendRequirements ....................................................................
The Company’s ratios of earnings to combined fixed charges and preferred stock dividends set forth in the Registration Statement, the Time of Sale Prospectus and the Prospectus under the caption “Ratios of Earnings to Fixed Charges and of Earnings to Combined Fixed Charges and Preferred Stock Dividends” and in Exhibit 12.1 to the Registration Statement have been calculated in compliance with Item 503(d) of Regulation S-K under the Securities Act.

More Definitions of Combined Fixed Charges

Combined Fixed Charges means, for any period, the sum of (i) Parent Companies Interest Expense for such period, (ii) actual capital expenditures of Parent Companies during such period (excluding (A) expenditures of insurance proceeds to restore damaged fixed assets and (B) for any period or portion thereof ending on or before December 31, 2002, Permitted Special Capital Expenditures), (iii) the aggregate principal amount of scheduled amortization of Combined Total Debt (other than the Revolving Loans) during such period, (iv) the aggregate amount by which the Revolving Commitments have been reduced during such period to the extent the Revolving Loans have been concurrently repaid in corresponding amounts, (v) cash taxes actually paid or payable by Parent Companies during such period, in each case on a Combined Basis and (vi) the aggregate amount of Restricted Payments made pursuant to Section 6.06(a)(ii).

Combined Fixed Charges means for any period, the sum for Level 3 and the Subsidiaries for such period of (a) Combined Cash Interest Expense for such period net of cash interest income for such period, (b) the aggregate amount of scheduled principal payments made during such period in respect of Long-Term Indebtedness of Level 3 and the Subsidiaries (other than payments made by Level 3 or any Subsidiary to Level 3 or a Subsidiary), (c) the aggregate amount of principal payments scheduled during such period in respect of Long-Term Indebtedness of Level 3 and the Subsidiaries to the extent discharged by prepayments made not more than one year prior to the date of such respective scheduled principal payments, (d) the aggregate amount of cash payments made during such period by Xxxxx 0 and the Subsidiaries under financing leases and other off balance sheet financing arrangements, (e) the aggregate amount of cash payments made during such period by Xxxxx 0 and the Subsidiaries in respect of preferred stock and (f) the aggregate amount of income Taxes paid in cash by Xxxxx 0 and the Subsidiaries during such period, all as determined on a combined basis with respect to Level 3 and the Subsidiaries in accordance with GAAP.

Combined Fixed Charges means the combined Consolidated Fixed Charges of the Guarantors, adjusted to eliminate any inter-Guarantor transactions so as to reflect combined Consolidated Fixed Charges as if all of the Guarantors had been a consolidated entity, measured in accordance with GAAP.

Combined Fixed Charges. The sum of the combined Lease Payments and required principal and interest payments of the Desert Valley Tenants pursuant to the Total Debt as reduced for any inter-company transactions.

Combined Fixed Charges means, as of any applicable date of determination, the product of (i) sum of (a) all amounts of Borrower and MLP on a combined basis which would, in accordance with GAAP, be deducted in computing net income on account of interest on Debt, including but not limited to imputed interest in respect of Capital Lease obligations, amortization of Debt discounts and expenses, fees and commissions for letters of credit and bankers' acceptance financing and net interest costs of interest rate swaps and xxxxxx for the calendar month immediately preceding the calendar month in which such determination date is, PLUS (b) all payments of Borrower and MLP on a combined basis pursuant to any lease of Property other than Capital Lease obligations (net of the amount, if any, of fixed rents paid to Borrower or MLP or any Affiliate of either or both of them under noncancellable subleases of one year or longer on the Property subject to such leases) for the calendar month immediately preceding the calendar month in which such determination date is, MULTIPLIED by (ii) the Weighting Factor for the calendar month immediately preceding the calendar month in which the determination date is, MULTIPLIED by (iii) twelve (12).

Combined Fixed Charges means, with reference to any period, the sum of (a) the aggregate amount of payments required to be made by the members of the Black & Xxxxxx Group during such period in respect of principal on all Indebtedness for Borrowed Money (whether at maturity, as a result of mandatory sinking fund redemption, mandatory prepayment, acceleration or otherwise, excluding, however, the aggregate of any payments required pursuant to any clean-down period under the Credit Agreement), plus (b) Interest Expense for such period, plus (c) the aggregate amount of payments required to be made by the members of the Black & Xxxxxx Group during such period in respect of leases or similar arrangements (including without limitation all payments required under operating leases and Capitalized Leases under which the members of the Black & Xxxxxx Group are liable as lessee) plus (d) all federal, state and local taxes paid by the Company or Holding in cash.”