Pro Forma Total Leverage Ratio definition
Pro Forma Total Leverage Ratio means the Total Leverage Ratio determined as if all Specified Transactions that have occurred during the applicable four consecutive fiscal quarter period or subsequent to such period and prior to or simultaneously with the event for which the Pro Forma Total Leverage Ratio calculation is required to be made are deemed to have occurred as of the first day of the applicable four consecutive fiscal quarter period.
Pro Forma Total Leverage Ratio has the meaning specified in the definition of “Payment Conditions”.
Pro Forma Total Leverage Ratio means, on any date, the Total Leverage Ratio on the last day of GEO’s fiscal quarter then most recently ended for which financial statements have been delivered pursuant to Section 5.01(a) or (b), as applicable, (i) after giving pro forma effect since such last day through and including such date to: (x) all payments, prepayments, redemptions, retirements, sinking fund payments, and borrowings, issuances and other incurrences, of Indebtedness and (y) any changes to the amount of Unrestricted Cash of GEO and its Restricted Subsidiaries (but without netting cash proceeds of concurrent borrowings, issuances and other incurrences, of Indebtedness) and (ii) calculating EBITDA for the period of computation on a Pro Forma Basis.
More Definitions of Pro Forma Total Leverage Ratio
Pro Forma Total Leverage Ratio means, on any date, (a) if such date is the last day of a fiscal quarter of the Borrower, the Total Leverage Ratio on such date and (b) if such date is not the last day of a fiscal quarter of the Borrower, the Total Leverage Ratio on the last day of the Borrower’s fiscal quarter then most recently ended, after giving pro forma effect to all payments, prepayments, redemptions, retirements, sinking fund payments, and borrowings, issuances and other incurrences, of Indebtedness since such last day through and including such date.
Pro Forma Total Leverage Ratio means, on any date, the Total Leverage Ratio on the last day of GEO’s fiscal quarter then most recently ended for which financial statements have been delivered pursuant to Section 5.01(a) or (b), as applicable, (i) after giving pro forma effect since such last day through and including such date to: (x) all payments, prepayments, redemptions, retirements, sinking fund payments, and borrowings, issuances and other incurrences, of Indebtedness and (y) any changes to the amount of Unrestricted Cash and (ii) calculating EBITDA for the period of computation on a Pro Forma Basis.
Pro Forma Total Leverage Ratio means, as of the date of the consummation of each Material Permitted Acquisition, the ratio which results from making pro forma adjustments to the Total Leverage Ratio as of the date for which the most recent Compliance Certificate has been delivered to reflect (a) the additional Indebtedness incurred or assumed by Borrower and its Subsidiaries in connection with the Material Permitted Acquisition (except to the extent that any such
Pro Forma Total Leverage Ratio means, on any date, (a) if such date is the last day of a fiscal quarter of the Borrower, the Total Leverage Ratio on such date and (b) if such date is not the last day of a fiscal quarter of the Borrower, the Total Leverage Ratio on the last day of the Borrower’s fiscal quarter then most recently ended, (i) after giving pro forma effect since such last day through and including such date to: (x) all payments, prepayments, redemptions, retirements, sinking fund payments, and borrowings, issuances and other incurrences, of Indebtedness and (y) any changes to the amount of Unrestricted Cash held by the Borrower and its Subsidiaries and to the amount of cash and Permitted Investments on deposit in the MCF Debt Service Reserve Fund and the MCF Bond Fund Payment Account and (ii) calculating EBITDA for the period of computation on a Pro Forma Basis as if any acquisition permitted hereunder that was consummated after such period ended was consummated on the first day of such period.”
Pro Forma Total Leverage Ratio means, as of the date of the consummation of each Material Permitted Acquisition, the ratio which results from making pro forma adjustments to the Total Leverage Ratio as of the date for which the most recent Compliance Certificate has been delivered to reflect (a) the additional Indebtedness incurred or assumed by Borrower and its Subsidiaries in connection with the Material Permitted Acquisition (except to the extent that any such additional Indebtedness is substantially concurrently repaid using the proceeds of Equity Interests in Borrower issued substantially concurrently with the consummation of the Material Permitted Acquisition), and (b) without duplication, the Acquired EBITDA for the Person or assets so acquired for the most recent twelve month period for which operating results of such Person or assets are then available.
Pro Forma Total Leverage Ratio means, as of the date of the making of any Investment in any Unrestricted Subsidiary, the ratio of (a) Funded Indebtedness as of the date of such Investment (and giving effect to any Indebtedness incurred as of such date), to (b) Adjusted EBITDA for the period of the four Fiscal Quarters most recently ended.