Consolidated Total definition

Consolidated Total. ASSETS shall mean, at any time, the total consolidated assets of the Company and its Subsidiaries measured as of the last day of the fiscal year ending on or prior to the date of determination, as determined in accordance with GAAP.

Consolidated Total. DEBT shall mean all long and short term Indebtedness (but excluding Permitted Timberland Indebtedness and Permitted Additional Timberland Indebtedness to the extent such Indebtedness is structured similarly to Permitted Timberland Indebtedness as structured as of the Closing Date).

Consolidated Total. LIABILITIES shall mean total liabilities of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, all as determined in accordance with GAAP. CUSTOMARILY PERMITTED LIENS shall mean:

Examples of Consolidated Total in a sentence

• The amount by which Gross Asset Value exceeds Consolidated Total Indebtedness.

• The Issuer shall not, and shall ensure that the Issuer's Subsidiaries do not, incur, create or permit to subsist any security over any of its current or future assets or other rights for financial indebtedness which in aggregate exceed 40% (reduced by any use of the 40% allowance under the Bond Terms Clause 3.4.2 ( Restrictions on Financial Indebtedness)) of the Issuer's Consolidated Total Assets.

• For purposes of any determination of Consolidated Total Debt, amounts in currencies other than dollars shall be translated into dollars at the currency exchange rates used in preparing the most recently delivered financial statements pursuant to Section 5.01(a) or (b).

• The Borrower will not, as of the end of each quarter of each of its fiscal years, permit the ratio of its Consolidated Senior Debt to its Consolidated Total Capitalization to be greater than 0.65 to 1.00.

• For purposes of the foregoing, to the extent Consolidated Total Debt includes outstanding amounts under Hybrid Securities, then a portion of the amount of such Hybrid Securities not to exceed a total of 15% of Total Capitalization may be excluded from Consolidated Total Debt.

More Definitions of Consolidated Total

Consolidated Total. Capitalization shall mean at any time the sum of Total Debt and Total Capital, each calculated at such time.

Consolidated Total. Indebtedness shall mean the Indebtedness of any Person determined on a consolidated basis in accordance with GAAP, consistently applied.

Consolidated Total. DEBT shall mean all long and short term Indebtedness (but excluding such Indebtedness to SunTrust Financial described in Section 8.2.1(viii) or Indebtedness described in Section 8.2.1(xi)). CONTAMINATION shall mean the presence or release or threat of release of Regulated Substances in, on, under or emanating to or from the Property, which pursuant to Environmental Laws requires notification or reporting to an Official Body, or which pursuant to Environmental Laws requires the investigation, cleanup, removal, remediation, containment, abatement of or other response action or which otherwise constitutes a violation of Environmental Laws. CREDIT SUISSE shall mean Credit Suisse, Cayman Islands Branch, its successors and assigns. DEBT RATING shall mean the corporate credit rating of Standard & Poor's and the Issuer Rating of Xxxxx'x, in each case, of the Company. DECLINED SHARE shall have the meaning assigned to that term in Section 2.1.1.2. DESIGNATED CREDIT PARTIES means the Company and those Subsidiaries that are from time to time party to the Accounts Receivable Facility Documents. DOLLAR, DOLLARS, U.S. DOLLARS and the symbol $ shall mean lawful money of the United States of America.

Consolidated Total. Indebtedness shall mean the Indebtedness of the Borrower ------------------------------- and its subsidiaries determined on a consolidated basis in accordance with GAAP, consistently applied; provided however, that for the purpose of this definition Indebtedness described in items (iv), (v) and (vi) of Section 7.01

Consolidated Total. Indebtedness shall mean the consolidated Indebtedness of a Person for such period. Contamination shall mean the presence or release or threat of release of Regulated Substances in, on, under or emanating to or from the Property, which pursuant to Environmental Laws requires notification or reporting to an Official Body, or which pursuant to Environmental Laws requires the investigation, cleanup, removal, remediation, containment, abatement of or other response action or which otherwise constitutes a violation of Environmental Laws. Derivatives means, including without limitation, (a) any transaction (including an agreement with respect thereto) now existing or hereafter entered into between the Lender or an Affiliate of a Lender and the Borrower or any Loan Party which is a rate swap transaction, basis swap, forward rate transaction, commodity swap, commodity option, equity or equity index swap, equity or equity index option, bond option, interest rate option, foreign exchange transaction, cap transaction, floor transaction, collar transaction, currency swap transaction, cross-currency rate swap transaction, currency option or any other similar transaction (including any option with respect to any of these transactions); (b) any combination of these transactions; and (c) any agreements, instruments, certificates or documents contemplated thereby, as any of the same may be supplemented or amended from time to time.

Consolidated Total. CAPITALISATION" means, as of the date of any determination thereof, the sum of (i) the aggregate principal amount of Consolidated Funded Debt then outstanding PLUS (ii) Consolidated Net Worth;

Consolidated Total. LEVERAGE RATIO" as at any date of determination, the ratio of (i) Consolidated Total Funded Debt as at such date to (ii) Consolidated Operating Cash Flow for the four fiscal quarters ended on or most recently prior to such date of determination.