Consolidated Fixed Charge Ratio means, with respect to the Borrower and its Subsidiaries for the Applicable Period, the ratio of (i) Consolidated EBITDA for such period less Capital Expenditures for such period to (ii) Consolidated Fixed Charges for such period.
Consolidated Fixed Charge Ratio means, for any Person, for any period, the ratio of (i) Annualized Pro Forma EBITDA to (ii) Consolidated Interest Expense for such period multiplied by four.
Consolidated Fixed Charge Ratio means a ratio of: (i) (a) Consolidated Earnings Before Interest, Taxes, Depreciation and Amortization for such period, less (b) Consolidated Capital Expenditures made by the Borrower or any Restricted Subsidiary during such period, less (c) Consolidated Taxes paid during such period, to (ii) the sum of (a) Consolidated Interest Expense for such period, plus (b) Consolidated Principal Amortization for such period.
Examples of Consolidated Fixed Charge Ratio in a sentence
For v > vP , a high type’s maximum payoff from investing and applying is b(π(v) + ∆H(v) − φP ) − φA − κ, while a low type’s maximum payoff from applying is b(1 − e)(∆H(v) − φP ) − φA.
Consolidated Fixed Charge RatioAs at the end of each fiscal quarter, Eagle is to maintain a Consolidated Fixed Charge Ratio of not less than 2.25 to 1.00 (prior to the Third Amendment the ratio for September 30, 2017 and subsequent quarters was 2.50 to 1.00).
There is one financial covenant under the ABL, which is a Consolidated Fixed Charge Ratio.
In addition, the Lenders waived the requirement that tax recapture payments made by the Company associated with the repayment of the 2 1/2% Converts in the second quarter of 2008 up to, but not exceeding $23 million, be included in Consolidated Cash Taxes for the purpose of calculating the Consolidated Fixed Charge Ratio under the Credit Agreement.
The Consolidated Fixed Charge Ratio is calculated by dividing consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) by Consolidated Fixed Charges (as defined in the agreement).
More Definitions of Consolidated Fixed Charge Ratio
Consolidated Fixed Charge Ratio of the Guarantor means the ratio of (i) the aggregate amount of Consolidated Net Income Available for Fixed Charges of such Person for the four fiscal quarters for which financial information in respect thereof is available immediately prior to the date of the transaction giving rise to the need to calculate the Consolidated Fixed Charge Ratio (the "Transaction Date") to (ii) the aggregate Consolidated Interest Expense of such Person for the four fiscal quarters for which financial information in respect thereof is available immediately prior to the Transaction Date.
Consolidated Fixed Charge Ratio means, as of the last day of any fiscal quarter of the Borrower, the ratio of (i) the sum of Consolidated Net Income, plus Consolidated Fixed Charges plus income taxes (each computed for the four consecutive fiscal quarterly periods then ending), to (ii) Consolidated Fixed Charges (computed for the four consecutive fiscal quarter periods then ending).
Consolidated Fixed Charge Ratio means for the Lessee and its Subsidiaries on a consolidated basis at any date, the quotient of (a) the sum of (i) Consolidated EBITDA, plus (ii) Consolidated Lease Rental Expense, plus (iii) 100% of the net Cash proceeds to the Lessee from any equity offering received by the Lessee within twelve months prior to the date of determination, divided by (b) the sum of (i) CMLTD, plus (ii) Consolidated Interest Expense, plus (iii)
Consolidated Fixed Charge Ratio means, on any date, the ratio of (i) the sum of EBITDA minus unfinanced Capital Expenditures to (ii) current portion of long term debt (as per GAAP but excluding any Indebtedness arising under this Agreement) plus interest expense (as certified by a Financial Officer on a quarterly basis). For purposes of calculating Consolidated Fixed Charge Ratio, EBITDA, unfinanced Capital Expenditures and interest expense shall be measured for the four fiscal quarter period ending on the date such ratio is being tested.
Consolidated Fixed Charge Ratio means, with respect to any Test Period, the ratio of (a) Consolidated EBITDAR for such Test Period to (b) Consolidated Interest Charges plus Rent for such Test Period.
Consolidated Fixed Charge Ratio means, with respect to the Company and its Subsidiaries, without duplication, for any period ending as at the date of computation thereof, the ratio of (i) Consolidated EBITDA plus contributions to capital (excluding in all events Indebtedness other than Indebtedness permitted under SECTION 9.4(G)) to (ii) Consolidated Fixed Charges for such period.
Consolidated Fixed Charge Ratio means, with respect to any Person on any Transaction Date, the ratio of (i) the aggregate amount of Consolidated EBITDA of such Person for the four fiscal quarters for which financial information in respect thereof is available immediately prior to such Transaction Date (the "Reference Period") to (ii) the aggregate Consolidated Fixed Charges of such Person during the Reference Period. In making the foregoing calculation, (a) pro forma effect shall be given to any Indebtedness Incurred during or after the Reference Period and on or before the Transaction Date, to the extent such Indebtedness is outstanding at the Transaction Date, in each case as if such Indebtedness had been Incurred on the first day of the Reference Period and after giving effect to the application of the proceeds thereof; (b) Consolidated Interest Expense attributable to interest on any Indebtedness (whether existing or being Incurred) computed on a pro forma basis and bearing a floating interest rate shall be computed as if the rate in effect on the date of computation (taking into account any Interest Rate Agreement applicable to such Indebtedness if such Interest Rate Agreement has a remaining term in excess of 12 months) had been the applicable rate for the entire period; (c) there shall be excluded from Consolidated Interest Expense any amounts relating to Indebtedness that was outstanding during the Reference Period or thereafter but which is not outstanding or which has been or is to be repaid with the proceeds of other Indebtedness Incurred during or after the Reference Period and on or before the Transaction Date; (d) pro forma effect shall be given to Asset Dispositions and Asset Acquisitions that occur during or after the Reference Period and on or before the Transaction Date as if they had occurred on the first day of the Reference Period; (e) pro forma effect shall be given, in the same manner as provided in the foregoing clause (d), to asset dispositions and asset acquisitions made by any Person that has become a Subsidiary of the Company or has been merged with or into the Company or any Subsidiary of the Company during or after the Reference Period and on or before the Transaction Date and that would have been Asset Dispositions or Asset Acquisitions had such transactions occurred when such Person was a Subsidiary of the Company and (f) with respect to any Reference Period commencing prior to a Transaction Date, such Transaction Date shall be deemed to have taken place o...