Consolidated Total. DEBT shall mean all long and short term Indebtedness (but excluding such Indebtedness to SunTrust Financial described in Section 8.2.1(viii) or Indebtedness described in Section 8.2.1(xi)). CONTAMINATION shall mean the presence or release or threat of release of Regulated Substances in, on, under or emanating to or from the Property, which pursuant to Environmental Laws requires notification or reporting to an Official Body, or which pursuant to Environmental Laws requires the investigation, cleanup, removal, remediation, containment, abatement of or other response action or which otherwise constitutes a violation of Environmental Laws. CREDIT SUISSE shall mean Credit Suisse, Cayman Islands Branch, its successors and assigns. DEBT RATING shall mean the corporate credit rating of Standard & Poor's and the Issuer Rating of Xxxxx'x, in each case, of the Company. DECLINED SHARE shall have the meaning assigned to that term in Section 2.1.1.2. DESIGNATED CREDIT PARTIES means the Company and those Subsidiaries that are from time to time party to the Accounts Receivable Facility Documents. DOLLAR, DOLLARS, U.S. DOLLARS and the symbol $ shall mean lawful money of the United States of America.
Consolidated Total. ASSETS shall mean, at any time, the total consolidated assets of the Company and its Subsidiaries measured as of the last day of the fiscal year ending on or prior to the date of determination, as determined in accordance with GAAP.
Consolidated Total. DEBT shall mean all long and short term Indebtedness (but excluding Permitted Timberland Indebtedness and Permitted Additional Timberland Indebtedness to the extent such Indebtedness is structured similarly to Permitted Timberland Indebtedness as structured as of the Closing Date).
Examples of Consolidated Total in a sentence
The amount by which Gross Asset Value exceeds Consolidated Total Indebtedness.
For purposes of any determination of Consolidated Total Debt, amounts in currencies other than dollars shall be translated into dollars at the currency exchange rates used in preparing the most recently delivered financial statements pursuant to Section 5.01(a) or (b).
The Issuer shall not, and shall ensure that the Issuer's Subsidiaries do not, incur, create or permit to subsist any security over any of its current or future assets or other rights for financial indebtedness which in aggregate exceed 40% (reduced by any use of the 40% allowance under the Bond Terms Clause 3.4.2 ( Restrictions on Financial Indebtedness)) of the Issuer's Consolidated Total Assets.
For purposes of the foregoing, to the extent Consolidated Total Debt includes outstanding amounts under Hybrid Securities, then a portion of the amount of such Hybrid Securities not to exceed a total of 15% of Total Capitalization may be excluded from Consolidated Total Debt.
The Borrower will not, as of the end of each quarter of each of its fiscal years, permit the ratio of its Consolidated Senior Debt to its Consolidated Total Capitalization to be greater than 0.65 to 1.00.
More Definitions of Consolidated Total
Consolidated Total. Capitalization shall mean at any time the sum of Total Debt and Total Capital, each calculated at such time.
Consolidated Total. Indebtedness shall mean the Indebtedness of any Person determined on a consolidated basis in accordance with GAAP, consistently applied.
Consolidated Total. LIABILITIES shall mean total liabilities of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, all as determined in accordance with GAAP. CUSTOMARILY PERMITTED LIENS shall mean:
Consolidated Total. Indebtedness shall mean the Indebtedness of the Borrower ------------------------------- and its subsidiaries determined on a consolidated basis in accordance with GAAP, consistently applied; provided however, that for the purpose of this definition Indebtedness described in items (iv), (v) and (vi) of Section 7.01
Consolidated Total. Assets shall mean, as of any date, the total assets of the Borrower and its Subsidiaries which would be shown as assets on a consolidated balance sheet of the Borrower and its Subsidiaries as of such date prepared in accordance with GAAP, after eliminating all amounts properly attributable to minority interests, if any, in the stock and surplus of Subsidiaries. Subsequent Indebtedness shall mean, as of any date of determination (without duplication), the sum of all outstanding unsecured Indebtedness on such date of all Subsidiaries of the Borrower other than any such Indebtedness incurred pursuant to Subsections (i) through (vi) and (viii) of Section 7.2.1 [Indebtedness]."
Consolidated Total. Leverage Ratio has been calculated as follows: Total Debt: $____________ DIVIDED BY Consolidated Operating Cash Flow (last four fiscal quarters): $____________
Consolidated Total. Indebtedness shall mean the Indebtedness of the MLP and its consolidated Subsidiaries determined and consolidated in accordance with GAAP. It is specifically agreed that Consolidated Total Indebtedness shall not include any obligations of the MLP and its consolidated Subsidiaries with respect to surety bonds entered into in the ordinary course of business or letters of credit delivered in lieu thereof; provided that if any such obligations become due and payable and are not paid within fifteen (15) Business Days of the due date therefor, such obligations shall be included in Consolidated Total Indebtedness. Contamination shall mean the presence or release or threat of release of Regulated Substances in, on, under or emanating to or from the Property, which pursuant to Environmental Laws requires notification or reporting to an Official Body, or which pursuant to Environmental Laws requires the investigation, cleanup, removal, remediation, containment, abatement of or other response action or which otherwise constitutes a violation of Environmental Laws. Daily LIBOR Rate shall mean, for any day, the rate per annum determined by the Administrative Agent by dividing (x) the Published Rate by (y) a number equal to 1.00 minus the LIBOR Reserve Percentage on such day. Defaulting Lender shall mean any Lender that (a) has failed, within two Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or Swing Loans or (iii) pay over to the Administrative Agent, the Issuing Lender, PNC (as the Swing Loan Lender) or any Lender any other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Lender notifies the Administrative Agent in writing that such failure is the result of such Lender’s good faith determination that a condition precedent to funding (specifically identified and including the particular default, if any) has not been satisfied, (b) has notified the Borrower or the Administrative Agent in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Lender’s good faith determination that a condition precedent (specifically identified and including the particular default, if any) to funding a loan under this Agreement cannot be satisfied) or ...