Consolidated definition

Consolidated refers to the consolidation of accounts in accordance with GAAP.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Consolidated means, when used with reference to financial statements or financial statement items of any Person, such statements or items on a consolidated basis in accordance with applicable principles of consolidation under GAAP.

Consolidated means, when used to modify a financial term, test, statement, or report of a Person, the application or preparation of such term, test, statement or report (as applicable) based upon the consolidation, in accordance with GAAP, of the financial condition or operating results of such Person and its Subsidiaries.

Examples of Consolidated in a sentence

With respect to each Fund that is an ETF, contract for and coordinate the intra-day publication, every 15 seconds throughout the trading day, through the facilities of the Consolidated Tape Association an amount (sometimes referred to as the “INAV”) equal to the sum of the current value of the portfolio positions as reflected in the Fund Deposit (as defined in the Fund’s prospectus) divided by the number of Fund shares outstanding.
If Subsection 6(b) above applies, and if the Employee elects to continue his health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) following the termination of his Employment, then the date of the “qualifying event” for purposes of COBRA shall be the Employee’s last day of active employment.
Notwithstanding anything to the contrary set forth herein, with respect to determining the permissibility of the incurrence of any Indebtedness, the proceeds of such Indebtedness shall not constitute Qualified Cash for purposes of calculating the Consolidated First Lien Net Leverage Ratio, the Consolidated Secured Net Leverage Ratio or the Consolidated Total Net Leverage Ratio in connection therewith.
Notwithstanding anything to the contrary in this Section 7.03 or otherwise, on and after the Collateral Release Date, the aggregate principal amount of Priority Indebtedness outstanding at any time shall not exceed the greater of (x) $1,000,000,000 and (y) 12.5% of Consolidated Total Assets (determined as of the date of incurrence of such Indebtedness) (“Permitted Priority Indebtedness”).
It shall not permit the ratio of Consolidated EBITDA to Consolidated Interest Expense for any Measurement Period, to be less than or equal to 2.00:1.00, beginning with the Measurement Period ending June 30, 2026.

More Definitions of Consolidated

Consolidated means, with respect to any Person, the consolidation of accounts of such Person and its Subsidiaries in accordance with GAAP.

Consolidated refers to the consolidation of any Person, in accordance with GAAP, with its properly consolidated subsidiaries. References herein to a Person’s Consolidated financial statements, financial position, financial condition, liabilities, etc. refer to the consolidated financial statements, financial position, financial condition, liabilities, etc. of such Person and its properly consolidated subsidiaries.

Consolidated has a correlative meaning.

Consolidated means, with respect to any Person, such Person consolidated with its Restricted Subsidiaries, and shall not include any Unrestricted Subsidiary, but the interest of such Person in an Unrestricted Subsidiary shall be accounted for as an Investment.

Consolidated or “consolidated” means, with reference to any term defined herein, that term as applied to the accounts of the Borrower and its Subsidiaries, consolidated in accordance with GAAP.

Consolidated shall have a similar meaning.

Consolidated means the resultant consolidation of the financial statements of Borrower and its Subsidiaries in accordance with GAAP, including principles of consolidation consistent with those applied in preparation of the consolidated financial statements referred to in Section 6.13 hereof.