Fixed Charge Coverage Ratio Calculation Date has the meaning set forth in the definition of “Fixed Charge Coverage Ratio.”
Fixed Charge Coverage Ratio Calculation Date then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect to such Incurrence, assumption, Guarantee, redemption, defeasance, retirement or extinguishment of Indebtedness, or such issuance or redemption of Disqualified Stock or Preferred Stock, as if the same had occurred at the beginning of the applicable four-quarter period; provided, however, that the pro forma calculation shall not give effect to any Indebtedness Incurred on such Applicable Calculation Date pursuant to Section 3.2(b). For purposes of making the computation referred to above, any Investments, acquisitions, dispositions, mergers, consolidations and disposed operations that have been made by the Issuer or any of its Restricted Subsidiaries, during the four-quarter reference period or subsequent to such reference period and on or prior to or simultaneously with the Fixed Charge Coverage Ratio Calculation Date shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, consolidations and disposed or discontinued operations (and the change in any associated fixed charge obligations and the change in Consolidated EBITDA resulting therefrom) had occurred on the first day of the four-quarter reference period. If since the beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into the Issuer or any of its Restricted Subsidiaries since the beginning of such period shall have made any Investment, acquisition, disposition, merger, consolidation or disposed or discontinued operation that would have required adjustment pursuant to this definition, then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, merger, consolidation or disposed operation had occurred at the beginning of the applicable four-quarter period. For purposes of this definition, whenever pro forma effect is to be given to a transaction, the pro forma calculations shall be made in good faith by a responsible financial or chief accounting officer of the Issuer (including with respect to cost savings; provided that (x) such cost savings are reasonably identifiable, reasonably attributable to the action specified and reasonably anticipated to result from such actions and (y) such actions have been taken or initiated and the benefits resulting therefrom are anticipated by the Issuer to be realized within twelve (12)...
Fixed Charge Coverage Ratio Calculation Date then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect to such incurrence, assumption, guarantee, redemption, retirement or extinguishment of Indebtedness, or such issuance or redemption of Disqualified Stock or Preferred Stock, as if the same had occurred at the beginning of the applicable four-quarter period. For purposes of making the computation referred to above, Investments, acquisitions, dispositions, mergers, consolidations and disposed operations (as determined in accordance with GAAP) that have been made by the Issuer or any of its Restricted Subsidiaries during the four-quarter reference period or subsequent to such reference period and on or prior to or simultaneously with the Fixed Charge Coverage Ratio Calculation Date shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, consolidations and disposed operations (and the change in any associated fixed charge obligations and the change in EBITDA resulting therefrom) had occurred on the first day of the four-quarter reference period. If, since the beginning of such period, any Person that subsequently became a Restricted Subsidiary or was merged with or into the Issuer or any of its Restricted Subsidiaries since the beginning of such period shall have made any Investment, acquisition, disposition, merger, consolidation or disposed operation that would have required adjustment pursuant to this definition, then the Fixed Charge Coverage Ratio shall be calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, merger, consolidation or disposed operation had occurred at the beginning of the applicable four-quarter period. For purposes of this definition, whenever pro forma effect is to be given to a transaction, the pro forma calculations shall be made in good faith by a responsible financial or accounting officer of the Issuer (and may include, for the avoidance of doubt, cost savings and operating expense reductions resulting from such Investment, acquisition, merger or consolidation which is being given pro forma effect that have been or are expected to be realized). If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Fixed Charge Coverage Ratio Calculation Date had been the applicable rate for the entire period (taking into account any Hedgi...
Examples of Fixed Charge Coverage Ratio Calculation Date in a sentence
If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Fixed Charge Coverage Ratio Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness).
To the extent interest expense generated by Hedging Obligations that have been terminated prior to the Fixed Charge Coverage Ratio Calculation Date is included in Consolidated Interest Expense, Consolidated Interest Expense shall be adjusted to exclude such expense.
If any Indebtedness bears a floating rate of interest and is being givenpro forma effect, the interest on such Indebtedness shall be calculated as if the rate in effect on the Fixed Charge Coverage Ratio Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness).
If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such Indebtedness will be calculated as if the rate in effect on the Fixed Charge Coverage Ratio Calculation Date had been the applicable rate for the entire period (taking into account any Hedging Obligations applicable to such Indebtedness).
More Definitions of Fixed Charge Coverage Ratio Calculation Date
Fixed Charge Coverage Ratio Calculation Date. “Fixed Charge Coverage Ratio” “Foreign Disposition” 3.5(d)(i) -40- Term Defined in Section “Global Notes” 2.1(b) “Guaranteed Obligations” 10.1 “Increased Amount” 3.6 “Initial Agreement” 3.4(b)(16) “Initial Default” 6.1(e) “Legal Defeasance” 8.2 “Legal Holiday” 12.6 “Note Guarantees” 10.1 “Noteholder Direction” 6.1(a) “Notes Register” 2.3 “Other Guarantee” 10.2(b)(5) “Permitted Payments” 3.3(b) “primary obligations” “Contingent Obligations” “primary obligor” “Contingent Obligations” “protected purchaser” 2.11 “Redemption Date” 5.7(a) “reference period” “Fixed Charge Coverage Ratio” “Refunding Capital Stock” 3.3(b)(2) “Registrar” 2.3 “Regulation S Global Note” 2.1(b)
Fixed Charge Coverage Ratio Calculation Date. “Fixed Charge Coverage Ratio” “Foreign Disposition” 3.05(c)(i) “Global Notes” 2.01(b) “Guaranteed Obligations” 10.01(c) “Initial Agreement” 3.04(b)(17) “Initial Default” 6.01(b) “Initial Lien” 3.06 “Institutional Accredited Investor Global Notes” 2.01(b) “Institutional Accredited Investor Notes” 2.01(b) “Issuer Order” 2.02 “Junior Lien Intercreditor Agreement” 12.07 “LCT Election” 1.04(e) “LCT Public Offer” 1.04(e) “LCT Test Date” 1.04(e) “Legal Defeasance” 8.02 “Legal Holiday” 13.06
Fixed Charge Coverage Ratio Calculation Date. 1.01 “incur” 4.09 “judgment currency” 12.15 “Legal Defeasance” 8.02 “Offer” 3.09 “Offer Amount” 3.09 “Offer Period” 3.09 “Paying Agent” 2.03 “Payment Default” 6.01 “Permitted Debt” 4.09 “Purchase Date” 3.09 “Registrar” 2.03 “Restricted Payments” 4.08
Fixed Charge Coverage Ratio Calculation Date then the Fixed Charge Coverage Ratio shall be calculated giving effect to such incurrence, assumption, guarantee, redemption, retirement or extinguishment of Indebtedness, or such issuance or redemption of Disqualified Stock or Preferred Stock, on a Pro Forma Basis as if the same had occurred at the beginning of the applicable four-quarter period.
Fixed Charge Coverage Ratio Calculation Date. Definition of “Fixed Charge Coverage Ratio” “Increased Amount” 4.06(c) “Initial Default” 6.04(b) “Initial Lien” 4.06(a)
Fixed Charge Coverage Ratio Calculation Date. Definition of “Fixed Charge Coverage Ratio” “Foreign Disposition” 3.5(e)(i) “Global Notes” 2.1(b) “Guaranteed Obligations” 10.1 “Increased Amount” 3.6 Term Defined in Section “Initial Default” 6.1(d) “Issuer Order” 2.2 “Judgment Currency” 13.19
Fixed Charge Coverage Ratio Calculation Date. “Fixed Charge Coverage Ratio” “Foreign Disposition” 3.5(c)(i) “Global Notes” 2.1(b) “Guaranteed Obligations” 10.1 “Increased Amount” 3.6 “Initial Default” 6.1(b) “Initial Lien” 3.6 “Issuer Order” 2.2 “Judgment Currency” 13.19 “LCT Election” 1.4(c) “LCT Public Offer” 1.4(c) “LCT Test Date” 1.4(c) “Legal Defeasance” 8.2 “Legal Holiday” 13.6 “Notes Register” 2.3 Term Defined in Section “Noteholder Direction” 6.1(a) “Other Guarantee” 10.2(b)(5)