Consolidated retained earnings definition

Consolidated retained earnings means the average of the consolidated retained earnings of the registered holding company system as reported for the four most recent quarterly peri- ods on the holding company’s Form 10– K or 10–Q (§ 249.308a or § 249.310 of this chapter, respectively) filed under the Securities Exchange Act of 1934, as amended.
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Consolidated retained earnings means total retained ------------------------------ Borrower and its Subsidiaries on a consolidated basis (plus (i) any After-Tax Strategic Initiative Addbacks, (ii) any NOL Impact and (iii) the addback of extraordinary charges in an aggregate amount not exceeding $1,500,000 on an after-tax basis associated with the incurrence of Indebtedness permitted by Section 6.1(j) and the related write-off of capitalized loan costs incurred in connection with this Credit Agreement) as determined at a particular date in accordance with GAAP applied on a consistent basis.
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Consolidated retained earnings means total retained ------------------------------ earnings of the Borrower and its Subsidiaries on a consolidated basis (plus (i) any After-Tax Strategic Initiative Addbacks, (ii) any NOL Impact, (iii) the addback of extraordinary charges in an aggregate amount not exceeding $1,500,000 on an after-tax basis associated with the incurrence of Indebtedness permitted by Section 6.1(j) and the related write-off of capitalized loan costs incurred in connection with this Credit Agreement and (iv) losses (on an after-tax basis) arising out of the Klopman Sale) as determined at a particular date in accordance with GAAP applied on a consistent basis.
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Examples of Consolidated retained earnings in a sentence

  • If a Change in Control occurs, then the annual Deferred Compensation to be credited to each Awardee shall be no less than the per common share change in the Company’s Consolidated Retained Earnings during the lower of the last two (2) full fiscal years preceding such Change in Control applied to the number of the Awardee’s Share Units existing immediately before such Change in Control.

  • Subject to Section 3.1(a), distributions with respect to the Common Shares shall be payable only out of the Company's Consolidated Retained Earnings.

  • After the Class A Preferred ceases to be outstanding, for any Quarterly Distribution Period for which the quarterly distribution on Common Shares is less than the Company's Available Net Cash Proceeds and Consolidated Retained Earnings, distributions on the Common Shares, when, as and if declared by the Management Committee, may be paid in cash or in-kind.

  • In the event that, on two consecutive Quarterly Start Dates (or, if such day is not a Business Day, on the first Business Day thereafter), the Managing Member fails to make distributions in an amount at least equal to the lesser of Consolidated Retained Earnings and the Undistributed Preferred Return on such first day, then as of such date, and until such failure is cured, the Preferred Return Rate shall be seven and one-quarter percent (7.25%).

  • All dividends declared in 1993 have been included in 1993 common stock dividends on the Company's Statements of Consolidated Retained Earnings.

  • As of the end of any fiscal quarter, commencing with the fiscal quarter ending July 3, 1999, Consolidated Retained Earnings of the Borrower and its Subsidiaries shall be greater than or equal to the sum of (i) $57,100,000, plus (ii) 50% of cumulative quarterly Consolidated Net Income, commencing on October 2, 1999 (without deduction for any quarterly losses).

  • As of the end of any fiscal ------------------------------ quarter, commencing with the fiscal quarter ending July 3, 1999, Consolidated Retained Earnings of the Borrower and its Subsidiaries shall be greater than or equal to the sum of (i) $57,100,000, plus (ii) ---- commencing on October 2, 1999, 50% of cumulative quarterly Consolidated Net Income (calculated by adding back any After-Tax Strategic Initiative Addbacks and any NOL Impact) (without deduction for any quarterly losses).

  • The nominal consideration established by the Board of Directors for the common stock distributed ($.01 per share) is reflected as a deduction from retained earnings in the Company's Statements of Consolidated Retained Earnings.

  • Each year, the Company shall, subject to the provisions of Section III., credit or debit the applicable Deferred Compensation amount to each Awardee for each Share Unit held during such year; provided that with regard to Share Units awarded on or after January 26, 1995 the Deferred Compensation amount reflecting the change in Consolidated Retained Earnings for the first fiscal year taken into account in computing the Deferred Compensation amount shall in no event be less than zero.

  • National proposes to use some or all of the proceeds of the financings proposed herein to make exempt investments in EWGs and FUCOs in an aggregate amount at any time outstanding which, when added to National's "Aggregate Investment" (as defined in Rule 53(a)(1)) in any EWGs or FUCOs at any time, shall not exceed 50% of National's "Consolidated Retained Earnings" (also as defined in Rule 53(a)(1)).


More Definitions of Consolidated retained earnings

Consolidated retained earnings means as of any Payment Date, the retained earnings of the Company as of such Payment Date determined (i) on a consolidated basis taking into account the results of only the Company, RAMP Investments, PCI Air Management Partners, L.L.C. and AIMC, (ii) under generally accepted accounting principles, consistently applied, and (iii) by treating the Leased Aircraft as having been acquired at the historical cost (adjusted for depreciation) at which the Leased Aircraft were reflected on the financial records of PCI. "Contribution" means, with respect to any Member, the amount of money and any Property (other than money) contributed to the Company with respect to the Shares in the Company held or purchased by such Member. "Contribution Agreements" means the Company Contribution Agreement and the PCI Contribution Agreement. "Debt" means (i) any indebtedness for borrowed money or the deferred purchase price of property as evidenced by a note, bonds, or other instruments, (ii) obligations as lessee under capital leases, (iii) obligations secured by any mortgage, pledge, security interest, encumbrance, lien or charge of any kind existing on any asset owned or held by the Company whether or not the Company has assumed or become liable for the obligations secured thereby, (iv) any obligation under any interest rate swap agreement, (v) accounts payable and (vi) obligations under direct or indirect guarantees of (including obligations (contingent or otherwise) to assure a creditor against loss in respect of) indebtedness or obligations of the kinds referred to in clauses (i), (ii), (iii), (iv) and (v), above; provided that Debt shall not include obligations in respect of any accounts payable that are incurred in the ordinary course of the Company's business and are not delinquent or are being contested in good faith by appropriate proceedings. "Dissolution Event" shall have the meaning provided in Section 11.1. 8 _____________________________________________________________________________
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Consolidated retained earnings means the amount of consolidated retained earnings of the Group as shown on the Group's consolidated financial statements determined in accordance with GAAP.
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Consolidated retained earnings means total retained earnings of the Borrower and its Subsidiaries on a consolidated basis as determined at a particular date in accordance with GAAP applied on a consistent basis.
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Related to Consolidated retained earnings

  • Retained Earnings means the retained earnings of an FHLBank calculated pursuant to GAAP.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Return means a Tax Return filed with respect to Federal Income Taxes for the Consolidated Group.

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Core Earnings means, with respect to any Person for any period, net income determined in accordance with GAAP of such Person and its consolidated subsidiaries and excluding (but only to the extent included in determining net income for such period) (i) non-cash equity compensation expense, (ii) the expenses incurred in connection with the formation of the Sponsor and the offering in connection therewith, including the initial underwriting discounts and commissions, (iii) acquisition costs from successful acquisitions (other than acquisitions made in the ordinary course of business), (iv) real property depreciation and amortization, (v) any unrealized gains or losses or other similar non-cash items that are included in net income for the current quarter, regardless of whether such items are included in other comprehensive income or loss, (vi) extraordinary or non-recurring gains or losses and (vii) one-time expenses, charges or gains relating to changes in GAAP; provided that Core Earnings shall, solely with respect to the Core Earnings attributable to any Non Wholly-Owned Consolidated Affiliate, only include the Consolidated Group Pro Rata Share of such attributable amount.

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Consolidated Depreciation and Amortization Expense means with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) as well as impairments thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles associated with the disposal or exiting of a business of the Company or any of its Subsidiaries for such period, all as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • net earnings means such earnings as are calculated in accordance with paragraph 42 or 52, as the case may be;

  • Consolidated Cash Interest Charges means, for any period, for the Borrower and its Restricted Subsidiaries on a consolidated basis, that portion of Consolidated Interest Charges that is either paid or required to be paid in cash during such period, but excluding prepayment or similar premiums paid in connection with any prepayment, repurchase or redemption of Consolidated Funded Indebtedness.

  • Consolidated Net Interest Expense means, for any period with respect to the Company and its Subsidiaries, interest expense minus capitalized interest and interest income for such period, in each case determined on a Consolidated basis in accordance with GAAP.

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Consolidated Revenues means, with reference to any period, total revenues of the Company and its Subsidiaries calculated in accordance with GAAP on a consolidated basis as of such date.

  • Consolidated Account means an account which is a consolidation of any separate accounts of a person who is liable for payment to the Municipality;

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • Gross earnings means all monies earned by the Employee under the terms of this Collective Agreement.

  • Consolidated Rent Expense means, for any period, the total rent expense with respect to real and personal property of the Borrower for such period, as determined on a Consolidated basis and as reported in its financial statements.

  • Consolidated Rental Expense means, for any period, the total rental expense for operating leases of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis for such period; provided that Consolidated Rental Expense shall not be reduced by any rental income.

  • Consolidated EBIT means, for any fiscal period, Consolidated Net Income for such period plus, to the extent deducted in determining Consolidated Net Income for such period, the aggregate amount of (i) Consolidated Interest Expense and (ii) federal, state and local income tax expense.

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period excluding, however, any interest expense not payable in Cash (including amortization of discount and amortization of debt issuance costs).

  • Fiscal Period means the period commencing on the Closing Date, and thereafter each period commencing on the day immediately following the last day of the immediately preceding Fiscal Period, and ending in each case at the close of business on the first to occur of the following dates:

  • Consolidated Operating Income means, for any period, the operating income or loss of the Borrower and the Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.

  • Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.

  • Consolidated Net Income (Loss) of any Person means, for any period, the Consolidated net income (or loss) of such Person and its Subsidiaries for such period on a Consolidated basis as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (or loss), by excluding, without duplication, (i) all extraordinary gains or losses (exclusive of all fees and expenses relating thereto), (ii) the portion of net income (or loss) of such Person and its Subsidiaries on a Consolidated basis allocable to minority interests in unconsolidated Persons to the extent that cash dividends or distributions have not actually been received by such Person or one of its Subsidiaries, (iii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a “pooling of interests” basis attributable to any period prior to the date of combination, (iv) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan, (v) net gains (or losses) (except for all fees and expenses relating thereto) in respect of dispositions of assets other than in the ordinary course of business, (vi) the net income of any Subsidiary to the extent that the declaration of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary or its stockholders, (vii) any gain arising from the acquisition of any securities, or the extinguishment, under GAAP, of any Indebtedness of such Person, (viii) transaction costs charged in connection with the Refinancing, or (ix) amortization of intangible assets of such Person and its Subsidiaries on a consolidated basis under GAAP.