Consolidated Unencumbered EBITDA definition

Consolidated Unencumbered EBITDA means the portion of Consolidated EBITDA that is generated by Consolidated Unencumbered Realty.
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Consolidated Unencumbered EBITDA means, with respect to any Unencumbered Property for any period, (a) the consolidated EBITDA (as defined below) for such Unencumbered Property for the four-Fiscal Quarter period most recently ended less (b) the Capital Reserves for such Unencumbered Property for such period.
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Consolidated Unencumbered EBITDA means, as regards the unencumbered properties of the Borrower and its Consolidated Subsidiaries for any period, the sum of (a) net income from such properties, plus (b) Consolidated Unencumbered Interest Expense, plus
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More Definitions of Consolidated Unencumbered EBITDA

Consolidated Unencumbered EBITDA means, as regards the unencumbered properties of the Borrower and its Consolidated Subsidiaries for any period, the sum of (a) net income from such properties, plus (b) Consolidated Unencumbered Interest Expense, plus (c) the amount of income taxes (or minus the amount of tax benefits) associated with such properties, plus (d) depreciation and amortization, determined in each case on a consolidated basis in accordance with GAAP. Except as expressly provided otherwise, the applicable period shall be for the four consecutive fiscal quarters ending as of the date of determination.
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Consolidated Unencumbered EBITDA means, with respect to any Unencumbered Property for any period, (a) the consolidated EBITDA (as defined below) for such Unencumbered Property for the four-Fiscal Quarter period most recently ended less (b) the Capital Reserves for such Unencumbered Property for such period. “Consolidated Unsecured Indebtedness” means any Indebtedness that is not secured by a Lien. “Consolidated Unsecured Interest Expense” means, for any period of determination, consolidated interest expense for such period attributable to Consolidated Unsecured Indebtedness of the Consolidated Parties. “Consolidated Unsecured Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Unsecured Indebtedness on such date to (b) Consolidated Unencumbered Asset Value on such date. “Construction-In-Process” means any Real Estate Asset which does not have buildings or other improvements located thereon, but which is under development for the construction of buildings or improvements which will qualify as or will constitute Healthcare Facilities upon completion (or, to the extent any buildings or improvements are located thereon, such buildings or other improvements are under construction and are non-operational, and no certificate(s) of occupancy have been issued with respect thereto), and/or the budgeted costs associated with the acquisition and construction of such Real Estate Asset, including, but not limited to, the cost of acquiring such Real Estate Asset as reasonably determined by Borrower in good faith, as the context may require. “Contractual Obligation” means, as applied to any Person, any provision of any Security issued by that Person or of any indenture, mortgage, deed of trust, contract, undertaking, agreement or other instrument to which that Person is a party or by which it or any of its properties is bound or to which it or any of its properties is subject. “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. “Covered Entity” means as defined in Section 11.23(b). “Covered Party” means as defined in Section 11.23(a). “Conversion/Continuation Date” means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice. “Conversion/Continuation Notice” ...
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Consolidated Unencumbered EBITDA means, with respect to any Unencumbered Property for any period, (a) the consolidated EBITDA (as defined below) for such Unencumbered Property for the four-Fiscal Quarter period most recently ended less (b) the Capital Reserves for such Unencumbered Property for such period. “Consolidated Unsecured Indebtedness” means any Indebtedness that is not secured by a Lien. “Consolidated Unsecured Interest Expense” means, for any period of determination, consolidated interest expense for such period attributable to Consolidated Unsecured Indebtedness of the Consolidated Parties. “Consolidated Unsecured Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Unsecured Indebtedness on such date to (b) Consolidated Unencumbered Asset Value on such date. “Construction-In-Process” means any Real Estate Asset which does not have buildings or other improvements located thereon, but which is under development for the construction of buildings or improvements which will qualify as or will constitute Healthcare Facilities upon completion (or, to the extent any buildings or improvements are located thereon, such buildings or other improvements are under construction and are non-operational, and no certificate(s) of occupancy have been issued with respect thereto), and/or the budgeted costs associated with the acquisition and construction of such Real Estate Asset, including, but not limited to, the cost of acquiring such Real Estate Asset as reasonably determined by Borrower in good faith, as the context may require. “Contractual Obligation” means, as applied to any Person, any provision of any Security issued by that Person or of any indenture, mortgage, deed of trust, contract, undertaking, agreement or other instrument to which that Person is a party or by which it or any of its properties is bound or to which it or any of its properties is subject. “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. “Covered Entity” means as defined in Section 11.23(b). “Covered Party” means as defined in Section 11.23(a). “Conversion/Continuation Date” means the effective date of a continuation or conversion, as the case may be, as set forth in the applicable Conversion/Continuation Notice. “Conversion/Continuation Notice” ...
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Related to Consolidated Unencumbered EBITDA

  • 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 EBITDA means, for any period, the Consolidated Net Income for such period, plus:

  • 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.

  • 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 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 First Lien Leverage Ratio means, as of the date of determination, the ratio of (a) Consolidated Indebtedness as of such date that is secured by first-priority Liens on the Collateral to (b) EBITDA for the most recently ended Test Period, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • Consolidated Total Indebtedness means at any time the sum, without duplication, of (a) the aggregate Indebtedness of the Company and its Subsidiaries calculated on a consolidated basis as of such time in accordance with GAAP, (b) the aggregate amount of Indebtedness of the Company and its Subsidiaries relating to the maximum drawing amount of all letters of credit outstanding and bankers acceptances and (c) Indebtedness of the type referred to in clauses (a) or (b) hereof of another Person guaranteed by the Company or any of its Subsidiaries.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Debt means at any date the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.