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 Net Indebtedness means (a) all Indebtedness of the Borrower and the Subsidiaries (other than Indebtedness under Swap Agreements), minus (b) all cash and cash equivalents of the Borrower and the Subsidiaries, all determined on a consolidated basis in accordance with GAAP.
Consolidated Net Indebtedness means, for any date, (a) the sum of all outstanding Indebtedness of the Company and its Consolidated Subsidiaries as of such date less (b) the lesser of (i) $50,000,000 and (ii) Eligible Investments as of such date, all determined on a consolidated basis in accordance with GAAP.
Examples of Consolidated Net Indebtedness in a sentence
Gearing Ratio means the ratio of Consolidated Net Indebtedness to Equity.
Leverage Ratio means the ratio of Consolidated Net Indebtedness to Consolidated EBITDA.
Consolidated Net Indebtedness means, in respect of any Relevant Period, the Consolidated Gross Financial Debt minus Cash.
Permit the ratio of (i) Consolidated Net Indebtedness of the Company on the last day of any fiscal quarter to (ii) Consolidated EBITDA of the Company for the period of four consecutive fiscal quarters ending on such day to exceed 3.00 to 1.00.
MTU aspires to create a student body which is representative of the diversity of Irish society as a whole and which has a strong international element.
More Definitions of Consolidated Net Indebtedness
Consolidated Net Indebtedness means, with respect to any Person, as at any relevant date, (x) the aggregate outstanding principal amount of the Loans under this Agreement and the loans under the Other Credit Agreement, plus (y) the aggregate outstanding principal amount of any other Indebtedness of the Parent or any of its Subsidiaries permitted pursuant to Section 9.04(v) and 9.04(vi), less (z) an amount equal to the Unrestricted Cash and Cash Equivalents of the Parent and its Subsidiaries as at such date.
Consolidated Net Indebtedness means, at the date of any determination thereof, (a) Indebtedness of the Borrower and the Subsidiaries determined on a consolidated basis in accordance with GAAP minus (b) (i) the aggregate cash included in the cash accounts listed on the consolidated balance sheet of the Borrower and the Subsidiaries as at such date and (ii) Cash Equivalents of the Borrower and the Subsidiaries as at such date, in the case of each of clauses (i) and (ii), to the extent the use thereof for application to payment of Indebtedness is not prohibited by any Requirement of Law or any contract to which the Borrower or any of the Subsidiaries is a party.
Consolidated Net Indebtedness means, on any date, (a) Consolidated Total Debt minus (b) the amount by which Unrestricted Cash and Cash Equivalents exceeds US$100,000,000; provided that in no event shall the amount subtracted pursuant to this clause (b) exceed US$100,000,000.
Consolidated Net Indebtedness means, on any date, (i) Consolidated Indebtedness on such date minus (ii) unrestricted cash and cash equivalents of Holdings and its Subsidiaries on such date.
Consolidated Net Indebtedness means, as at any date of determination, Consolidated Total Indebtedness minus balance sheet cash and Cash Equivalents (after deducting, without duplication, from such balance sheet cash (to the extent such items are included in such balance sheet cash): encumbered cash (other than cash subject to Liens described in Section 6.02(k) and other customary rights of set-off), restricted cash shown on the balance sheet and cash and Cash Equivalents that the Company is unable to access within thirty (30) days and net of related tax obligations for repatriation and transaction costs and expenses related thereto).
Consolidated Net Indebtedness means, as of any date of determination, the aggregate principal amount of Indebtedness of the Company and its Restricted Subsidiaries outstanding on such date, determined on a consolidated basis in accordance with GAAP, consisting of Indebtedness for borrowed money, Indebtedness evidenced by bonds, notes, debentures or similar instruments, unreimbursed amounts in respect of drawings under letters of credit and Capitalized Lease Obligations less the amount of cash and Cash Equivalents owned by the Company and its Restricted Subsidiaries at such date.
Consolidated Net Indebtedness means, as at any date of determination, an amount equal to (A) the sum of (1) the aggregate amount of all outstanding Indebtedness of the Company and the Restricted Subsidiaries on a consolidated basis consisting of Indebtedness for borrowed money, Obligations in respect of Capitalized Lease Obligations, and Obligations evidenced by bonds, notes, debentures or similar instruments or letters of credit or bankers’ acceptances (and excluding (x) any undrawn letters of credit and (y) any intercompany Indebtedness) and (2) the aggregate amount of all outstanding Disqualified Stock of the Company and all Disqualified Stock and Preferred Stock of the Restricted Subsidiaries (excluding items eliminated in consolidation) less (B) the aggregate amount of cash and Cash Equivalents of the Company and the Restricted Subsidiaries on a consolidated basis.