Stand Alone Basis definition
Examples of Stand Alone Basis in a sentence
The Borrower is, and the Borrower and its consolidated Subsidiaries are, on a Stand Alone Basis, Solvent.
Permit the ratio of (i) Adjusted EBITDA of the Borrower and its Subsidiaries on a Stand Alone Basis for any four fiscal quarter period of the Borrower, commencing with the four fiscal quarter period ending December 31, 2014, to (ii) the Interest Expense of Borrower and its Subsidiaries on a Stand Alone Basis for such period, to be less than 5.00:1.00.
Permit the ratio of (i) the total outstanding amount of Debt of the Loan Parties and the Restricted Subsidiaries on a Stand Alone Basis as of the last day of any four fiscal quarter period of PTP, commencing with the four fiscal quarter period ending March 31, 2014, to (ii) the Adjusted EBITDA of the Loan Parties and the Restricted Subsidiaries on a Stand Alone Basis for such period, to be greater than 4.00:1.00.
Permit the ratio of (i) the total outstanding amount of Debt of the Borrower and its Subsidiaries on a Stand Alone Basis as of the last day of any four fiscal quarter period of the Borrower, commencing with the four fiscal quarter period ending December 31, 2014, to (ii) the Adjusted EBITDA of the Borrower and its Subsidiaries on a Stand Alone Basis for such period (the “Total Leverage Ratio”), to be greater than 3.00:1.00.
Permit the ratio of (i) Adjusted EBITDA of PTP and its Subsidiaries on a Stand Alone Basis for any four fiscal quarter period of PTP, commencing with the four fiscal quarter period ending March 31, 2014, to (ii) the Interest Expense of PTP and its Subsidiaries on a Stand Alone Basis for such period, to be less than 4.00:1.00.
Permit the ratio of (i) the total outstanding amount of Debt of PTP and its Subsidiaries on a Stand Alone Basis as of the last day of any four fiscal quarter period of PTP, commencing with the four fiscal quarter period ending March 31, 2014, to (ii) the Adjusted EBITDA of PTP and its Subsidiaries on a Stand Alone Basis for such period, to be greater than 3.00:1.00.
Sellers shall, as soon as reasonably practicable, for informational purposes only without representation or warranty of any kind, provide an unaudited pro forma balance sheet and income statement of the Retail Group Members on a Stand Alone Basis as of and for the seven and eight-month periods ending July 31, 2013 and August 31, 2013, respectively.
Permit the ratio of (i) Adjusted EBITDA of the Loan Parties and their Subsidiaries on a Stand Alone Basis for any four fiscal quarter period of PTP, commencing with the four fiscal quarter period ending March 31, 2014, to (ii) the Interest Expense of the Loan Parties and their Subsidiaries on a Stand Alone Basis for such period, to be less than 4.00:1.00.
Permit the ratio of (i) Adjusted EBITDA of PTP and itsthe Loan Parties and their Subsidiaries on a Stand Alone Basis for any four fiscal quarter period of PTP, commencing with the four fiscal quarter period ending March 31, 2014, to (ii) the Interest Expense of PTP and itsthe Loan Parties and their Subsidiaries on a Stand Alone Basis for such period, to be less than 4.00:1.00.