Consolidated PP&E definition

Consolidated PP&E means, as at any date of determination, the assets (net of depreciation) of Company and its Subsidiaries on a consolidated basis which may properly be classified as property, plant and equipment in conformity with GAAP, excluding any assets subject to a Lien in favour of any Person other than Collateral Agent for the benefit of the Lenders that ranks pari passu with or ahead of the Liens created by the Collateral Documents, to the extent of the lesser of the fair market value of such asset and the amount secured by such Lien.
Sample 1
Consolidated PP&E means, in respect of the Sponsor Guarantor, (i) as of the date hereof, its and its Subsidiaries’ total plant, property and equipment assets; and (ii) at any time after the date hereof, the sum of (A) its and its Subsidiaries’ total plant, property and equipment assets as of such time; and (B) the total depreciation expense of such assets since the signing date until such time, in each case as determined on a consolidated basis in accordance with Sponsor Guarantor Accounting Standards, as set forth in the financial statements of the Sponsor Guarantor to be delivered pursuant to Section 8.08 (Financial Statements);
Sample 1
Consolidated PP&E means, as at any date of determination, the assets (net of depreciation) of the Company and its Restricted Subsidiaries on a consolidated basis which may properly be classified as property, plant and equipment in conformity with GAAP, excluding any assets subject to a Lien that ranks pari passu with or ahead of the Liens created by the Collateral Agreements (other than Permitted Liens described in clause (1), (2), (16) or (17) of the definition thereof (provided that in the case of such clauses (16) and (17), such Permitted Lien secures a Swap Agreement)), to the extent of the lesser of the Fair Market Value of such asset and the amount secured by such Lien. “Corporate Trust Office of the Trustee” shall be at the address of the Trustee specified in Section 12.02 or such other address as to which the Trustee may give notice to the Company.
Sample 1

Examples of Consolidated PP&E in a sentence

  • These cases also demonstrate the utility of the LIBRE problem solving tool as a way to facilitate task engagement and goal setting to aid in effective problem solving.

  • Click on the Request Equipment icon or the Service Catalog link to access the Consolidated PPE Catalog.

  • Click on the Request Equipment icon or the Service Catalog link to access the Consolidated PPE Catalog page.

  • You will be able to click on these links to view the status of your order(s).• The Announcements section will contain links to trainings and updates related to the DOA Consolidated PPE Supply Portal.

  • The Consolidated PPE Catalog page can be viewed in a grid or list format.

  • Below the Request Equipment link, you will find two information sections.• The My Requests section will contain links to orders recently placed in the DOA Consolidated PPE Supply Portal.

  • For purposes of calculating amounts determined with reference to GAAP (including, without limitation, for purposes of calculating the Closing Date Consolidated PPE Gross Book Value and the Closing Date Consolidated Working Capital), the foreign currency conversion rate for U.S. Dollars to British Pounds Sterling shall be determined in accordance with GAAP.

  • Log in to the DOA Consolidated PPE Supply Portal at https://ncgov.service-now.com/sp_ppe.

  • Functionality/Layout of the DOA Consolidated PPE Supply Portal web page‌ The NC DOA logo will be available on each page in the portal.

  • The Administering Authority will set out notifiable events requirements in the Pensions Administration Strategy.Additional information will be sought from the employer in order to determine whether a contribution review is appropriate.

Related to Consolidated PP&E

  • 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 basis means on the basis of the consolidated situation;

  • Consolidated Equity means and refers to, as of the end of any period of determination, the sum, without duplication, of (i) Consolidated Tangible Net Worth of HDFS, (ii) preferred stock and (iii) Subordinated Indebtedness.

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

  • 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 Parties means a collective reference to the Borrower and its Subsidiaries, and "Consolidated Party" means any one of them.

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • 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 Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • 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 Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • 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 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 Plan means the plan prepared in accordance with 24 CFR Part 91, which describes needs, resources, priorities and proposed activities to be undertaken with respect to certain HUD programs, including the HOME Program.

  • Consolidated Total Capital means, as of any date of determination, the sum of (i) Consolidated Indebtedness and (ii) Consolidated Net Worth at such time.

  • 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 Funded Debt means Funded Debt of the Consolidated Group determined on a consolidated basis in accordance with GAAP.

  • Consolidated Debt Service means, for any relevant period, the sum (without double counting), determined in accordance with GAAP, of:

  • Consolidated Net Interest Expense means, for any Person for any period, the remainder of the following for such Person and its Consolidated Subsidiaries for such period: (a) interest expense, minus (b) interest income.

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

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • 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:

  • 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 Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • 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 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.