Single Subsidiary Threshold definition
Single Subsidiary Threshold means an amount equal to (a) five percent (5%) of the Consolidated total assets of the Borrower and its Subsidiaries, or (b) five percent (5%) of the Consolidated total revenues or Consolidated Net Income of the Borrower and its Subsidiaries for the most recent quarter as shown on the financial statements most recently delivered or required to be delivered pursuant to Section 6.01(a) or (b), as the case may be.
Single Subsidiary Threshold means an amount equal to ten percent (10%) of --------------------------- (i) the total consolidated revenue of the Borrower and its Subsidiaries (which includes the GPS Group), less (ii) the total consolidated revenue of the GPS Group, in each case for the most recent Fiscal Quarter as shown on the Financial (Annual) or Financial Statements (Quarterly), as the case may be, as most recently delivered or required to be delivered pursuant to Section 5.01.
Single Subsidiary Threshold means an amount equal to fifteen percent (15%) of the total consolidated revenue of the Borrower and its Consolidated Restricted Subsidiaries, in each case for the most recent Fiscal Quarter as shown on the Financial Statements (Annual) or Financial Statements (Quarterly), as the case may be, as most recently delivered or required to be delivered pursuant to Section 5.1.