Consolidated Senior Funded Indebtedness means, for any date, (i) the outstanding principal amount of all Consolidated Funded Indebtedness, without duplication, of the Borrower and its Subsidiaries as of such date less (ii) the outstanding principal amount of all Subordinated Indebtedness as of such date.
Consolidated Senior Funded Indebtedness means, at any date, Consolidated Funded Indebtedness less Subordinated Indebtedness of the Companies.
Consolidated Senior Funded Indebtedness means the Senior Funded --------------------------------------- Indebtedness appearing on a consolidated balance sheet of the Company and its Subsidiaries.
Examples of Consolidated Senior Funded Indebtedness in a sentence
The Borrower will not permit the ratio (the “Leverage Ratio”) of (i) Consolidated Senior Funded Indebtedness to (ii) Consolidated EBITDA, determined for the period of four (4) consecutive fiscal quarters ending on the last day of each fiscal quarter of the Borrower, to be greater than 2.75:1.00.
Beginning January 31, 1995, the Borrower will not permit the ratio of Consolidated Senior Funded Indebtedness to Total Capital at the end of each of any quarterly or annual accounting period to be greater than .80 to 1.0. 7.5.6 Consolidated Interest Coverage Ratio.
Beginning January 31,1995, the Borrower will notpermit the ratio of Consolidated Current Assets to the sum of Consolidated Current Liabilities plus Consolidated Senior Funded Indebtedness at the end of any quarterly or annual accounting period to be less than 1.0 to 1.0. 7.5.3 Consolidated Senior Funded Indebtedness/Total Capital.
Organizations renting District facilities under this category may be required to provide evidence of their non-profit status through an official classification by the IRS and/or the Office of the Secretary of State.
The Company will not at any time permit the ratio of Consolidated Senior Funded Indebtedness to Consolidated Total Capitalization to exceed 0.45 to 1.00.
More Definitions of Consolidated Senior Funded Indebtedness
Consolidated Senior Funded Indebtedness the Consolidated Funded Indebtedness minus the Permanent Subordinated Debt, and other subordinated Indebtedness permitted pursuant to subsections 8.1(d), 8.1(f) and 8.1(j).
Consolidated Senior Funded Indebtedness means, as of any date of determination, for Equinix and its Subsidiaries on a consolidated basis, Consolidated Funded Indebtedness less the sum of the outstanding principal amount of (a) any Convertible Subordinated Notes and (b) any other Indebtedness that is contractually subordinated to the Obligations on terms reasonably satisfactory to the Administrative Agent.
Consolidated Senior Funded Indebtedness means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money (including Obligations hereunder) and all obligations evidenced by bonds (other than surety bonds, performance bonds or similar surety obligations to the extent permitted under Section 7.03(f)), debentures, notes, loan agreements or other similar instruments, but excluding any Subordinated Debt, (b) all purchase money Indebtedness, (c) all direct obligations arising under letters of credit, (d) all obligations in respect of the deferred purchase price of property or services (other than accrued expenses and accounts payable in the ordinary course of business), (e) Attributable Indebtedness in respect of Capital Leases and Synthetic Lease Obligations, (f) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (e) above of Persons other than the Borrower or any Subsidiary, and (g) all Indebtedness of the types referred to in clauses (a) through (f) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer (other than a joint venturer that is only a limited partner), unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary.
Consolidated Senior Funded Indebtedness means, as of any date of determination, Consolidated Funded Indebtedness, but excluding Indebtedness under the Bridge Facility and Subordinated Indebtedness.
Consolidated Senior Funded Indebtedness means, as of any date of determination, the sum of (1) the aggregate amount of Indebtedness of the Consolidated Group outstanding on such date, determined on a consolidated basis in accordance with GAAP, consisting only of Indebtedness included in clauses (a), (b) (but with respect to earn-out obligations, only to the extent due and payable), (c) (but with respect to letters of credit, only to the extent of any drawn and unreimbursed amounts in respect thereof), (e), (f), (g) and (k) (only with respect to guarantees of Indebtedness otherwise included in this definition) of the definition of “Indebtedness,” less (2) the aggregate amount of Junior Debt of the Consolidated Group outstanding on such date, less (3) [reserved]. For the avoidance of doubt, it is understood and agreed that Indebtedness with respect to lease or rental obligations are excluded from this definition.
Consolidated Senior Funded Indebtedness. With respect to the --------------------------------------- Parent and its Subsidiaries for any fiscal period, Consolidated Funded Indebtedness minus the aggregate amount of Samstock Subordinated ----- Debt." "Contractor Liabilities. Collectively, (i) the principal amount ---------------------- of $5,543,523.60 (together with all interest and fees thereon) owed to Shawmut and described in the Shawmut Payment Agreement, (ii) $1,900,000 in the aggregate on account of Capital Expenditures or New Restaurant Capital Expenditures contracted to be made at the Borrower's Jacksonville, West 52nd Street, Atlanta, Washington, Phoenix, West Palm Beach and Reston locations, (iii) $670,000 owed to Xxxxx Construction, and (iv) $50,000 of development expenses, including preliminary design and site investigation expenses, related to the Chicago, Illinois and the Lincolnshire, Illinois locations." "Rights Offering. That certain offering of nontransferable --------------- rights to stockholders of the Parent to purchase an aggregate of up to $8,000,000 newly issued shares of Series A senior convertible redeemable preferred stock of the Parent, par value $1.00 per share (the "Preferred Stock")."
Consolidated Senior Funded Indebtedness means, as of any date of determination, (a) Consolidated Funded Indebtedness as of such date LESS (b) any outstanding Subordinated Indebtedness, including, without limitation, the Bridge Notes. "CONSOLIDATED SENIOR LEVERAGE RATIO" means, as of any date of determination, the ratio of (a) Consolidated Senior Funded Indebtedness as of such date TO (b) Consolidated EBITDA for the period of the four Fiscal Quarters most recently ended. "CONSOLIDATED TOTAL 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.