Total Leverage definition

Total Leverage means, at any time, the ratio of (i) Total Debt of the Company to (ii) Pro Forma Annualized EBITDA.

Total Leverage means the ratio of Consolidated Total Debt on a specified date to Consolidated EBITDA in respect of any Relevant Period ending on such date.

Total Leverage means, with respect to any Company and its Subsidiaries for any period, the ratio of (a) all Indebtedness as of the end of such period, less the amount of Eligible Cash as of the end of such period to (b) LTM EBITDA for such period, in each case, determined on a pro forma basis for incurrence or refinancing of any applicable Unsecured Debt.

Examples of Total Leverage in a sentence

• The combination or recombination of portions of parcels created and recorded prior to January 1, 1988, or portions of lots platted in compliance with this ordinance after January 1, 1988, where the total number of parcels or lots is not increased and the resultant parcels are equal to the standards of the zoning ordinance.

• If the Total Leverage Ratio is greater than 2.50 to 1 but less than or equal to 3.00 to 1.

• If the Total Leverage Ratio is greater than 2.00 to 1 but less than or equal to 2.50 to 1.

• If the Total Leverage Ratio is greater than 3.00 to 1 but less than or equal to 3.50 to 1.

• With this they collect from their local education agencies and approach, the survey would not be bound by state reformat it for submission to the survey, or they can definitions, and could use its own definitions place this burden on the local education agencies by exclusively.requiring them to report along CCD survey guidelines.Both of these methods are currently being used, A fourth approach might be to poll each state sometimes in combination with each other.

More Definitions of Total Leverage

Total Leverage at any date, the aggregate principal amount of all Funded Debt of the Borrower and its Restricted Subsidiaries at such date, minus cash, Cash Equivalents and Foreign Cash Equivalents held by the Borrower and its Restricted Subsidiaries on such date, in each case determined on a consolidated basis in accordance with GAAP.

Total Leverage total third party debt less cash and cash equivalents of Lion/Rally Lux 3 S.à x.x. and its subsidiaries, adjusted to reflect a normalised level of net working capital minus any principal amounts and accrued but unpaid interest outstanding under the Notes, divided by Operating Group EBITDA for the most recently completed period of 12 months, pro forma as if the Proposed Acquisition (as defined in Clause 11.1) had occurred on the first day of the 12 month period;

Total Leverage means, at any date, the sum of the (a) the aggregate amount of the Borrower’s Funded Debt outstanding on such date plus (b) the notional value of all total return swaps and other leveraged derivatives to which the Borrower is a party on such date, in each case calculated in accordance with generally accepted accounting principles.

Total Leverage total third party debt less cash and cash equivalents of the Company and its subsidiaries, adjusted to reflect a normalised level of net working capital minus any principal amounts and accrued but unpaid interest outstanding under the Notes, divided by Operating Group EBITDA for the most recently completed period of 12 months, pro forma as if the Acquisition had occurred on the first day of the 12 month period;

Total Leverage is, for any period as at any date of determination, the ratio of (a) Borrowers’ total consolidated Indebtedness as of such date, to (b) Borrowers’ Adjusted EBITDA for such period.

Total Leverage has the meaning given to that term in paragraph 2.1 (Financial definitions) of Schedule 6 (Covenants).

Total Leverage has the meaning given to it in Clause 27.1 (Financial definitions).