Consolidated Net. Worth shall mean as of any date of determination total stockholders' equity of the Borrower and its Subsidiaries as of such date determined and consolidated in accordance with GAAP.
Consolidated Net. Income shall mean the after-tax net income (or loss) of Borrower and its Subsidiaries for the period in question, determined on a consolidated basis and in accordance with GAAP. Consolidated Operating Lease Expense shall mean, for the period in question, the aggregate amount of all Operating Lease Expenses of Borrower and its Subsidiaries during such period, all determined on a consolidated basis and in accordance with GAAP.
Consolidated Net. Income shall mean for any period the consolidated net income of Holdings, the Borrower and their respective Subsidiaries for such period as determined in accordance with GAAP.
Examples of Consolidated Net in a sentence
Consolidated Net Income means the consolidated net income (excluding minority interests) of the Issuer as calculated and set out in the consolidated accounts of the Issuer (whether audited annual or unaudited, but having been subject to a “limited review”, semi-annual).
Transcript p.171 The concern about cost is highlighted by State Representative Mark Cohen in two ways, the impending reductions in a variety of rate class discounts, including Rate RH and GS that may cause some PECO customers to have a significant rate increase and the cost of base board electric heat compared to the other forms of electric heat covered by the Rate RH class.
Leverage Ratio means the ratio of Consolidated Net Indebtedness to Consolidated EBITDA.
Consolidated Net Income shall be increased by the amount of any projected cash distributions from such Person attributable to any applicable Material Project EBITDA Adjustments in respect of any Material Project of such Person applicable to such period.
A Reinstatement shall not exceed the amount of the latest Consolidated Net Income of the Issuer.
More Definitions of Consolidated Net
Consolidated Net. Income shall mean, for any period, the net income (or loss), without deduction for minority interests, of the Borrower and its Subsidiaries on a consolidated basis for such period taken as a single accounting period determined in conformity with GAAP. Consolidated Net Worth shall mean, at any time, all amounts that, in conformity with GAAP, would be included under the caption “total stockholders’ equity” (or any like caption) on a consolidated balance sheet of the Borrower as of such time, provided that in no event shall Consolidated Net Worth include any amounts in respect of Redeemable Stock.
Consolidated Net. WORTH shall mean, with respect to the Borrower and its Consolidated Subsidiaries, assets in excess of liabilities, and determined in accordance with GAAP, in a manner consistent with the latest audited financial statements of the Borrower and its Consolidated Subsidiaries. CONSOLIDATED SUBSIDIARIES shall mean all subsidiaries of the Borrower that should be included in the Borrower's consolidated financial statements, all as determined in accordance with GAAP.
Consolidated Net. Income shall mean for any fiscal period the net income of TGI and its Subsidiaries for such period determined and consolidated in accordance with GAAP; provided that:
Consolidated Net. Income shall mean for any period the consolidated net income of the Consolidated Entity for such period. Consolidated Net Worth shall mean the excess of the consolidated assets of the Consolidated Entity over the consolidated liabilities of the Consolidated Entity.
Consolidated Net. Income shall mean for any period of determination an amount equal to the net income of the Borrower and its Restricted Subsidiaries for such period determined in accordance with GAAP, but without regard to net income attributable to Excluded Entities, plus up to $826,000 of loss determined in accordance with GAAP attributable to the sale of the approximately 38,700 square foot office building located in Nashville, Tennessee during the fiscal quarter ending December 30, 1996, plus the following expenses to the extent such expenses are deducted in computing such net income: (i) up to $9,230,000 of extraordinary, nonrecurring charges incurred by the Loan Parties in connection with the Convalescent Merger incurred in the following amounts during the following fiscal quarters: $757,000 during the fiscal quarter beginning January 1, 1995 and ending March 31, 1995; $8,410,000 during the fiscal quarter beginning April 1, 1995 and ending June 30, 1995; $54,000 during the fiscal quarter beginning July 1, 1995 and ending September 30, 1995; and $9,000 during the fiscal quarter beginning October 1, 1995 and ending December 31, 1995; (ii) up to $1,138,000 of extraordinary, nonrecurring deferred financing charges incurred by the Loan Parties in connection with the Fourth Amendment during the fiscal quarter beginning April 1, 1995 and ending June 30, 1995; (iii) up to $6,543,000 of extraordinary, nonrecurring charges incurred by the Loan Parties during the fiscal quarters beginning January 1, 1996 and ending June 30, 1996, in connection with one or more Permitted Acquisitions consummated during such period, including without limitation, in connection with the Convalescent Merger; and (iv) such other extraordinary nonrecurring charges as approved by the Required Banks pursuant to Section 8.01(m)."
Consolidated Net. Income shall mean for any fiscal period the net income (or loss) after income taxes of the Borrower and its Subsidiaries for such period determined and consolidated in accordance with GAAP.
Consolidated Net. Income shall mean, for any period, the net income (or loss), after taxes, of Customer on a consolidated basis for such period determined in accordance with GAAP. Current shall mean within the on-going twelve month period. Current Assets shall mean assets that are cash or expected to become cash within the on-going twelve months. Current Liabilities shall mean payment obligations resulting from past or current transactions that require settlement within the on-going twelve month period. All indebtedness to IBM Credit shall be considered a Current Liability for purposes of determining compliance with the Financial Covenants. EBITDA shall mean, for any period (determined on a consolidated basis in accordance with GAAP), (a) the Consolidated Net Income of Customer for such period, plus (b) each of the following to the extent reflected as an expense in the determination of such Consolidated Net Income: (i) the Customer's provisions for taxes based on income for such period; (ii) Interest Expense for such period; and (iii) depreciation and amortization of tangible and intangible assets of Customer for such period. Fixed Charges shall mean, for any period, an amount equal to the sum, without duplication, of the amounts for such as determined for the Customer on a consolidated basis, of (i) scheduled repayments of principal of all Indebtedness (as reduced by repayments thereon previously made), (ii) Interest Expense, (iii) capital expenditures, (iv) dividends, (v) leasehold improvement expenditures and (vi) all provisions for U.S. and non U.S. Federal, state and local taxes.