Consolidated Debt Service Ratio means, as of the last day of an Accounting Period or on any other day, the ratio of Consolidated Debt to Consolidated EBITDA in respect of the Rolling Four Quarter Period ending on such day, each as stated in the then most recent and relevant Accounting Information;
Consolidated Debt Service Ratio means, with respect to the Company and its Restricted Subsidiaries for any Test Period, the ratio of Consolidated EBITDA for such Test Period minus the sum, without duplication, of:
Consolidated Debt Service Ratio means Adjusted Operating Cash Flow (as described on Exhibit 4.2.1 attached hereto) divided by Total Debt Service (as described on Exhibit 4.2.1 attached hereto).
Examples of Consolidated Debt Service Ratio in a sentence
Adopts a target for the Consolidated Debt Service Ratio of below 15% and a General Fund Indebtedness Ratio less than 80%.Adopts a strategy to use Internal Borrowings over External Borrowings in order to capture the financial benefit between investment returns and financing costs where available funds are available.
More Definitions of Consolidated Debt Service Ratio
Consolidated Debt Service Ratio for any period, the ratio -------------------------------- of:
Consolidated Debt Service Ratio means for any Person, on a consolidated basis, for any Measurement Period, the ratio of (a) the Consolidated Net Income of such Person for such Measurement Period, minus all Restricted Payments paid by such Person during such Measurement Period, plus all depreciation expense and amortization expense for such Measurement Period, to the extent included in the determination of Consolidated Net Income of such Person for such Measurement Period to (b) the Current Obligations of such Person.
Consolidated Debt Service Ratio means, for any period on a consolidated basis of the Obligors, the ratio of (a) EBITDA plus lease expense for all operating leases to (b) the sum of (i) all interest paid (including amounts paid that are deemed to be interest) on all Indebtedness, (ii) all amounts paid with respect to all operating leases, (iii) all dividends paid, (iv) the current portion of all Consolidated Funded Debt, (v) all federal income tax paid less federal income tax refunded, plus (vi) all cash paid to fund the "equity" portion of all amounts paid to acquire capital assets.
Consolidated Debt Service Ratio means the ratio of (i) consolidated Net Income of the Borrower and its Subsidiaries before taxes (excluding extraordinary gains net of cash taxes, if any) plus consolidated depreciation and amortization expenses plus consolidated interest expense minus consolidated unfunded Capital Expenditures minus consolidated cash dividends minus consolidated cash tax payments to (ii) consolidated interest expense plus the consolidated Current Portion of Long Term Debt. All categories shall be measured on a consolidated basis over the immediately preceding four fiscal quarters with the exception of the consolidated Current Portion of Long Term Debt which shall be measured over the future four fiscal quarters.
Consolidated Debt Service Ratio is hereby deleted in its entirety and shall be replaced by the following:
Consolidated Debt Service Ratio means, for any period, the ratio of (i) the difference of (A) EBITDA for such period minus (B) income and profits taxes actually paid in cash minus (C) Maintenance Capital Expenditures for such period, to (ii) the sum of (A) CMLTD plus (B) Consolidated Interest Expense for such period.
Consolidated Debt Service Ratio for any period, the ratio of (a) Consolidated Cash Flow for such period to (b) Consolidated Interest Expense plus the Consolidated Current Portion of Long Term Debt determined in respect of such period.