Consolidated Total Senior Debt definition

Consolidated Total Senior Debt means, as at any date of determination, all outstanding Indebtedness of Company and its Subsidiaries other than Subordinated Indebtedness, as determined on a consolidated basis in conformity with GAAP.

Consolidated Total Senior Debt means, at any time, the aggregate amount of all obligations of the Group for or in respect of Borrowings but:

Consolidated Total Senior Debt means, at any date, and without duplication, the aggregate principal amount of (a) outstanding Loans, (b) outstanding principal amount of local credit facility borrowings in jurisdictions outside the United States on such date and other outstanding Indebtedness for borrowed money of Foreign Subsidiaries on such date, (c) customer advances, in each case as determined for the Company and its Subsidiaries on a consolidated basis in accordance with GAAP and (d) the outstanding principal amount of other Indebtedness (excluding the Subordinated Indebtedness and the Senior Notes) of the Company and its Subsidiaries on such date.

Examples of Consolidated Total Senior Debt in a sentence

• The Company shall not permit for any period set forth below (measured as of the last day of each fiscal quarter of the Company), the ratio of (a) Consolidated Total Senior Debt (measured as of the last day of each fiscal quarter of the Company) to (b) Consolidated EBITDA to be more than the ratio corresponding to such period in the table set forth below.

• For the fiscal quarter ending on December 31, 1999, the Lenders hereby waive the requirement of Section 6.5 of the Credit Agreement which provides that the Borrower maintain a Consolidated Total Senior Debt to Borrowing Base Ratio of 1.20 to 1.00.

• Read more Background checks and security clearance Security clearance Not Applicable Drug test required Yes Required Documents Help Required Documents The documents you are required to submit vary based on whether or not you are eligible for preference in federal employment.

• To put it loosely, it is not a problem if two systems disagree but it can be a significant problem if they falsely believe they agree.

• Maintain at all times a Consolidated Total Senior Debt to Borrowing Base Ratio of not more than 0.900 to 1.00.

More Definitions of Consolidated Total Senior Debt

Consolidated Total Senior Debt means Consolidated Total Debt but excluding therefrom, to the extent included therein, Unsecured Debt, or Subordinated Debt, all as determined on a consolidated basis in accordance with GAAP.

Consolidated Total Senior Debt means as of any date of determination, the total amount of Indebtedness incurred by the Company and its Subsidiaries pursuant to this Agreement, determined as of the last day of any Fiscal Quarter, MINUS (i) the outstanding principal amount of Senior Subordinated Notes and (ii) the outstanding principal amount of New Company Subordinated Notes.

Consolidated Total Senior Debt means Consolidated Total Debt less any amounts outstanding under the Bridge Facility, the Bridge Exchange Notes, the Bonds or the Bond Exchange Notes.

Consolidated Total Senior Debt means, at any date, all of the Credit Obligations owing by the Company and its Subsidiaries on a Consolidated basis.

Consolidated Total Senior Debt means, at any time, all Indebtedness of the Parent and its Subsidiaries other than the Senior Subordinated Notes and Indebtedness which by its terms is expressly subordinated to the Obligations and all other senior obligations of the Parent and its Subsidiaries.

Consolidated Total Senior Debt means, at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date (excluding the Indebtedness in respect of the Senior Subordinated Notes and any other Indebtedness all obligors which are Loan Parties and that, as to each obligor thereon, is subordinated and junior in right of payment to the Secured Obligations of such obligor to the same extent as the obligations of such obligor with respect to the Senior Subordinated Notes are so subordinated and junior in right of payment, as determined by the Administrative Agent in the exercise of its reasonable discretion), all as determined on a consolidated basis in accordance with GAAP.

Consolidated Total Senior Debt means, at any date, and without duplication, the aggregate principal amount of (a) short-term bank debt, (b) outstanding Loans, (c) the Senior Debt Securities, (d) current maturities of long-term debt, (e) customer advances, (f) the Additional Senior Debt Securities and (g) other senior Indebtedness, in each case as determined for the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP.