Combined Total Debt definition

Combined Total Debt means, at any date, the difference between (1) the combined principal amount of all Indebtedness of the type described in clauses (a), (b), (c), (f) (to the extent the underlying Indebtedness is of the types otherwise enumerated in this definition of Combined Total Debt), (g) (to the extent the underlying Indebtedness is of the types otherwise enumerated in this definition of Combined Total Debt), (h), (i) and (j) (to the extent of drawings thereunder) thereof of the Obligors and their respective consolidated subsidiaries at such date, determined in accordance with GAAP; provided that Combined Total Debt shall exclude (x) Non-Recourse CLO Subsidiary Indebtedness and (y) Indebtedness among the Obligors, the Subsidiaries of any Obligor or any of them, minus (2) Cash and Cash Equivalents that are not subject to any Liens (other than bankers’ Liens and rights of setoff and inchoate Liens) at such date; provided, further, that the contribution to Combined Total Debt of a subsidiary that is not a wholly owned subsidiary shall be calculated in proportion to the Obligors’ aggregate direct or indirect economic interests in such subsidiary.

Combined Total Debt means, at any date, the combined principal amount of all Indebtedness of the Obligors and their respective consolidated subsidiaries at such date, determined in accordance with GAAP; provided that Combined Total Debt shall not include Non-Recourse CLO Subsidiary Indebtedness; provided, further, that the contribution to Combined Total Debt of a subsidiary that is not a wholly owned subsidiary shall be calculated in proportion to the Obligors’ aggregate direct or indirect economic interests in such subsidiary.

Combined Total Debt means, as at any date of determination, the difference of (a) total Indebtedness (calculated at the outstanding principal amount based on the contract and not reflecting purchase accounting adjustments pursuant to GAAP) of Parent Guarantors, Borrowers and their Subsidiaries and Joint Ventures (but, in the case of consolidated non-Wholly Owned Subsidiaries and Joint Ventures of Parent Guarantors or Borrowers, only to the extent allocable (based on economic share and not necessarily the percentage ownership) to Parent Guarantors, Borrowers or their Wholly Owned Subsidiaries) minus (b) unrestricted Cash and Cash Equivalents (and restricted Cash and Cash Equivalents securing Indebtedness (i) which are held in a lockbox or cash management account and are to be applied toward the next installment of regularly scheduled principal payments under any Permitted Project Level Financing so long as no event of default has occurred and is continuing under such Permitted Project Level Financing or (ii) the application of which is to be made against the principal of such Indebtedness) of Parent Guarantors, Borrowers and their Subsidiaries and Joint Ventures (but, in the case of consolidated non-Wholly Owned Subsidiaries and Joint Ventures of Parent Guarantors or Borrowers, only to the extent allocable (based on economic share and not necessarily the percentage ownership) to Parent Guarantors, Borrowers or their Wholly Owned Subsidiaries), in each case as determined in accordance with GAAP, except as otherwise noted above with respect to the principal amount of Indebtedness and non-Wholly Owned Subsidiary and Joint Venture allocations, without duplication and collectively in an amount not to exceed $1,500,000,000.

Examples of Combined Total Debt in a sentence

• Ratios to 2013-14 Assessed Valuation:Direct Debt ($76,735,302) 0.35%Total Direct and Overlapping Tax and Assessment Debt 1.96%Gross Combined Total Debt 3.37%Net Combined Total Debt 3.37%Ratios to Redevelopment Incremental Valuation ($4,756,366,279): Total Overlapping Tax Increment Debt 4.24%CITRUS COMMUNITY COLLEGE DISTRICT District Organization The District was founded in 1961.

• See “PLAN OF FINANCE” and “— OUTSTANDING DEBT.” TABLE 7 – ANNUAL DEBT SERVICE REQUIREMENTS SECURED BY PLEDGED REVENUES Fiscal Year Ending Outstanding Senior Lien Obligations Series 2011 ObligationsTotal Debt Combined Total Debt Less: Build America Bond Combined Total Net Debt (1) Excludes debt service on the CP Notes.

• Ratios to 2014-15 Assessed Valuation:Direct Debt ($16,134,944) 0.31%Total Direct and Overlapping Tax and Assessment Debt 1.44%Gross Combined Total Debt 2.37%Net Combined Total Debt 2.21% Ratio to Redevelopment Incremental Valuation ($157,707,927):Total Overlapping Tax Increment Debt 3.58% SANTA CLARA COUNTY TREASURY POOL‌ This section provides a summary description of the County's investment policy, current portfolio holdings, and valuation procedures.

• Ratios to 2013-14 Assessed Valuation:Total Overlapping Tax and Assessment Debt 1.65%Total Direct Debt ($48,910,000) 0.54%Gross Combined Total Debt 3.01%Net Combined Total Debt 3.01% Ratios to Redevelopment Incremental Valuation ($2,108,335,265): Total Overlapping Tax Increment Debt 2.62% Source: California Municipal Statistics.Retirement Programs California Public Employees Retirement System Plan Description.

• The Borrowers shall not permit the ratio of (x) the amount of Combined Total Debt as of the end of any Testing Period (commencing with the Testing Period ending September 30, 2003) to (y) Combined EBITDA for such Testing Period to exceed 2.25 to 1.00.

More Definitions of Combined Total Debt

Combined Total Debt means, at any date, the combined principal amount of all Indebtedness of the Borrowers and their respective consolidated Subsidiaries at such date, determined in accordance with GAAP.

Combined Total Debt at any date, the aggregate principal amount of all Funded Debt (other than Revolving Credit Loans, Swing Line Loans and 14 8 Reimbursement Obligations) of the Borrowers and their Subsidiaries at such date, determined on a combined basis in accordance with GAAP.

Combined Total Debt means, as at any date of determination, without duplication, the aggregate stated balance sheet amount of (a) all Indebtedness of Credit Parties and the Sculptor Subsidiaries of the type described in clauses (i), (ii), (iii), (v), (vi) (only to the extent the applicable letter of credit has been drawn and not reimbursed), and (vii) of the definition of Indebtedness (other than intercompany Indebtedness among any of the Credit Parties and Sculptor Subsidiaries) and (b) all Guarantees of Credit Parties and Sculptor Subsidiaries in respect of Indebtedness of the type described in clause (a) of this definition, each determined on a combined basis in accordance with GAAP; provided, however, that in any event “Combined Total Debt” shall exclude any Indebtedness of any Sculptor Fund that is consolidated into the Issuer or any Credit Party (but for the avoidance of doubt, shall include any Guarantee by any Credit Party or any Sculptor Subsidiary of any such Indebtedness of any Sculptor Fund described in clause (b) of this definition); provided, further, that in any event “Combined Total Debt” shall exclude any Indebtedness described in Sections 6.01(v) and 6.01(w) that is not recourse to the Borrower or any Non-SPVS (other than to the Equity Interests of a Qualified Risk Retention Subsidiary or Alternate Investment Subsidiary, as applicable, and their respective Subsidiaries and Owned Entities).

Combined Total Debt means, at any date, the combined principal amount of all Indebtedness of the Borrowers and their respective consolidated Subsidiaries at such date, determined in accordance with GAAP; provided that Consolidated Total Debt shall not include the Indebtedness of a CLO Subsidiary so long as such Indebtedness is non-recourse to each of the Borrowers and their respective Non-CLO Subsidiaries.

Combined Total Debt means, as at any date of determination, the aggregate stated balance sheet amount of all Indebtedness of Credit Parties and the OZ Subsidiaries determined on a combined basis in accordance with the accounting principles used in the preparation of the Historical Financial Statements.

Combined Total Debt means all Indebtedness (excluding any Indebtedness evidenced by the Subordinated Intercompany Note) of a type described in clause (a), (b), (f), (g), (h), (i) or (j) of the definition thereof of the Borrowers and their Subsidiaries on a combined basis.

Combined Total Debt means, at any date, the combined principal amount of all Indebtedness of the Obligors and their respective consolidated subsidiaries at such date, determined in accordance with GAAP; provided that Combined Total Debt shall not include the Indebtedness of a CLO Subsidiary so long as such Indebtedness is non-recourse to each of the Obligors and its respective Non-CLO Subsidiaries; provided, further, that the contribution to Combined Total Debt of a subsidiary that is not a wholly owned subsidiary shall be calculated in proportion to the Obligors’ aggregate direct or indirect economic interests in such subsidiary.