Consolidated Indebtedness to Consolidated EBITDA Ratio definition

Consolidated Indebtedness to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Indebtedness of Visa Inc. and its Subsidiaries as of such date to (b) Consolidated EBITDA for the period of four fiscal quarters of Visa Inc. and its Subsidiaries ended on or most recently prior to such date.
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Consolidated Indebtedness to Consolidated EBITDA Ratio means, as at any date of determination, the ratio of Consolidated Indebtedness, as of such date of determination, to Consolidated EBITDA for the rolling four-quarter period ending upon such date of determination.
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Consolidated Indebtedness to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of
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Examples of Consolidated Indebtedness to Consolidated EBITDA Ratio in a sentence

  • Permit, as of the end of any month, the Consolidated Indebtedness to Consolidated EBITDA Ratio to be greater than 3.75 to 1.

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More Definitions of Consolidated Indebtedness to Consolidated EBITDA Ratio

Consolidated Indebtedness to Consolidated EBITDA Ratio at the end of any FQED, the ratio of (A) Consolidated Indebtedness on such date to (B) Consolidated EBITDA for the immediately preceding four (4) fiscal quarters (ending on such date). For purposes of testing the financial condition covenants in subsections 7.1(a) and 7.1(b) only (i.e. not for other financial covenants or pricing), the Borrower may add Consolidated EBITDA of any acquired entity for such four fiscal quarters plus any verifiable non-recurring expenses.
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Consolidated Indebtedness to Consolidated EBITDA Ratio at the end of any month, the ratio of (a) Consolidated Indebtedness on such date to (b) Consolidated EBITDA for the immediately preceding twelve (12) months (ending on such date). Note: For purposes of Section 7.1(a) only (i.e. not for pricing under the Pricing Grid), the Borrower may add for such twelve (12) months (i) Consolidated EBITDA of any entity acquired in a Permitted Acquisition or identified in Note 1 to the Unaudited Pro Forma Consolidated Financial Information contained in the Prospectus, plus any compensation paid by such entity to any shareholder of such entity during such period to the extent such shareholder is not continuing to receive compensation or consulting or similar fees from the Borrower or any of its Subsidiaries subsequent to the acquisition and (ii) any verifiable non-recurring expenses approved by the Required Banks.
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Consolidated Indebtedness to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Indebtedness of Visa Inc and its Subsidiaries as of such date to (b) Consolidated EBITDA for the period of four fiscal quarters of Visa Inc. and its Subsidiaries ended on or most recently prior to such date. For purposes of calculating the Consolidated Indebtedness to Consolidated EBITDA Ratio as of the end of any fiscal quarter ended on or before September 30, 2008, (a) the Consolidated EBITDA of Visa Inc. and its Subsidiaries for the fiscal quarter ended March 31, 2007 shall be deemed to be one-half of the pro forma Consolidated EBITDA of Visa Inc. and its Subsidiaries for the two fiscal quarters ended Xxxxx 00, 0000, (x) the Consolidated EBITDA of Visa Inc. and its Subsidiaries for the fiscal quarter ended June 30, 2007 shall be deemed to be the difference between (i) the pro forma Consolidated EBITDA of Visa Inc. and its Subsidiaries for the three fiscal quarters ended June 30, 2007 and (ii) the pro forma Consolidated EBITDA of Visa Inc. and its Subsidiaries for the two fiscal quarters ended March 31, 2007 and (c) the Consolidated EBITDA of Visa Inc. and its Subsidiaries for the fiscal quarter ended September 30, 2007 shall be deemed to be the difference between (y) the pro forma Consolidated EBITDA of Visa Inc. and its Subsidiaries for the four fiscal quarters ended on September 30, 2007 and (z) the pro forma Consolidated EBITDA of Visa Inc. and its Subsidiaries for the three fiscal quarters ended June 30, 2007, in each case based on the pro forma financial statements heretofore filed by Visa Inc. with the Securities and Exchange Commission.
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Consolidated Indebtedness to Consolidated EBITDA Ratio under and as defined in the AMETEK Credit Agreement is greater than 3.0:1.0. Notwithstanding the foregoing, a failure of a representation or warranty or breach of any covenant described in clause (a), (c) or (d) above related to a Receivable shall not constitute a Termination Event if the Seller has been deemed to have collected such Receivable pursuant to Section 1.5(b) or, before the Termination Date, has adjusted the Sold Interest as provided in Section 1.5(c) so that such Receivable is no longer considered to be outstanding.
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Consolidated Indebtedness to Consolidated EBITDA Ratio at the end of any month, the
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Related to Consolidated Indebtedness to Consolidated EBITDA Ratio

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Total Consolidated Indebtedness means, at any date of determination, an amount equal to the aggregate amount of all Indebtedness of the Company and its Restricted Subsidiaries outstanding as of the date of determination.

  • Consolidated EBITR means, for the Borrower and its Subsidiaries for any period, an amount equal to the sum of (i) Consolidated Net Income for such period, plus (ii) to the extent deducted in determining the Consolidated Net Income for such period (x) Consolidated Interest Expense, (y) income tax expense, and (z) Consolidated Rent Expense, in each case determined on a consolidated basis in accordance with GAAP.

  • Consolidated Indebtedness means at any time the Indebtedness of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended.

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.

  • Consolidated Debt means at any date the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Senior Leverage Ratio means the ratio of Consolidated Senior Debt, determined as of the last day of any fiscal quarter of the Company, to Consolidated EBITDA for the period of 12 months ending on such last day.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.

  • Consolidated First Lien Leverage Ratio means, as of the date of determination, the ratio of (a) Consolidated Indebtedness as of such date that is secured by first-priority Liens on the Collateral to (b) EBITDA for the most recently ended Test Period, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • Consolidated Total Debt at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Net Debt means, as of any date of determination, (a) Consolidated Total Debt minus (b) the aggregate amount of cash and Cash Equivalents of the Borrower and the Restricted Subsidiaries as of such date that is not Restricted.

  • Consolidated EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated Net Indebtedness means, on any date, the difference of (a) Consolidated Total Indebtedness as of such date, minus (b) the aggregate amount of all Unrestricted Cash.

  • Consolidated Funded Indebtedness means Funded Indebtedness of the Borrower and its Subsidiaries on a consolidated basis determined in accordance with GAAP.

  • Consolidated Senior Secured Net Leverage Ratio means, for any Measurement Period, the ratio of (a) Consolidated Senior Secured Net Debt for Borrowed Money to (b) Consolidated EBITDA, in each case for such period.

  • Consolidated Total Indebtedness means at any time the sum, without duplication, of (a) the aggregate Indebtedness of the Company and its Subsidiaries calculated on a consolidated basis as of such time in accordance with GAAP, (b) the aggregate amount of Indebtedness of the Company and its Subsidiaries relating to the maximum drawing amount of all letters of credit outstanding and bankers acceptances and (c) Indebtedness of the type referred to in clauses (a) or (b) hereof of another Person guaranteed by the Company or any of its Subsidiaries.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Consolidated Total Net Indebtedness means at any time the excess, of (i) Consolidated Total Indebtedness at such time over (ii) the aggregate amount of unrestricted cash and Cash Equivalents of the Company and its Restricted Subsidiaries at such time held free and clear of all Liens other than Liens securing the Obligations (or that are subject to the Intercreditor Agreement and bankers’ liens and similar inchoate Liens.

  • Consolidated Secured Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.

  • Consolidated Debt Service Coverage Ratio means, as of any date of determination, the ratio of (a) the sum of (i) Consolidated EBITDA for the most recently completed four fiscal quarters minus (ii) income taxes payable for such period minus (iii) Consolidated Capital Expenditures for such period to (b) the sum of (i) Consolidated Interest Charges for such period plus (ii) Consolidated Scheduled Funded Debt Payments for such period.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.