Consolidated Debt Service. The ratio (the "Cash Flow Ratio") as of the end of each fiscal quarter of the Borrower of (i) Consolidated Operating Cash Flow for the four consecutive fiscal quarters then ended to (ii) Consolidated Debt Service determined for the four consecutive fiscal quarters then ended shall not be less than 1.25 to 1.00.
Consolidated Debt Service. The Consolidated scheduled payments of principal and interest on Indebtedness of the Borrower and its Subsidiaries during the relevant fiscal period.
Consolidated Debt Service. (a) cash Consolidated Interest Expense (b) scheduled principal payments Total Consolidated Debt Service During Period:
Consolidated Debt Service. For any fiscal quarter, (a) Consolidated Total ------------------------- Interest Expense for such quarter plus (b) the aggregate amount of scheduled ---- principal payments of Indebtedness (excluding (x) optional prepayments and (y)
Consolidated Debt Service. With respect to any fiscal period, the consolidated current obligations of Borrower and its Subsidiaries with respect to Consolidated Total Funded Debt including Consolidated Total Interest Expense for such fiscal period, but not including current principal obligations under this Agreement, in each case all as determined in accordance with GAAP.
Consolidated Debt Service. As of the end of each fiscal quarter of Xxxxx, the aggregate amount of Debt Service of Xxxxx and its Restricted Subsidiaries for the period of the four consecutive fiscal quarters then ending, determined on a consolidated basis for such Persons in accordance with GAAP.
Consolidated Debt Service. The term “CONSOLIDATED DEBT SERVICE” means for any period of four (4) consecutive fiscal quarters, the amount of cash interest expense and payments of principal (excluding (a) payments of principal made on any LOANS or on account of principal under any other revolving credit facilities, and (b) payments of principal and interest required to be made to Southwestern Illinois Development Authority in connection with the credit facility described in the Loan Agreement dated May 1, 1996 between Gateway International Motorsports Corporation and Southwestern Illinois Development Authority) required to be paid by the BORROWERS during such period, all determined on a consolidated basis in accordance with G.A.A.P.
Consolidated Debt Service. For any fiscal quarter, (a) Consolidated Total Interest Expense for such quarter plus (b) the aggregate amount of scheduled principal payments of Indebtedness (excluding (x) optional prepayments and (y) scheduled principal payments in respect of any Indebtedness which is not amortized through equal periodic installments of principal and interest over the term of such Indebtedness, including, without limitation, balloon payments at maturity) required to be made during such quarter by the Borrower and any of its Subsidiaries plus (c) the aggregate amount of capitalized interest required in accordance with GAAP to be paid or accrued by the Borrower or its Subsidiaries during such quarter.
Consolidated Debt Service. For the most recently completed four fiscal quarters for the REIT and its Subsidiaries, the sum (without duplication) of (i) Consolidated Interest Expense for such period, plus (ii) the scheduled principal amount of all amortization payments (but not final balloon payments at maturity) for such period on all Indebtedness of the REIT and its Subsidiaries. Consolidated Debt Service shall include the REIT’s share based on its Equity Percentage of the above-described items from any non-Wholly-Owned Subsidiary and Unconsolidated Affiliate. Consolidated Debt Service for the period shall be adjusted on a proforma basis to account for properties acquired or sold in the period in a manner satisfactory to the Agent.
Consolidated Debt Service. The term “CONSOLIDATED DEBT SERVICE” means for any period of four consecutive fiscal quarters, the amount of cash interest expense and payments of principal (excluding payments of principal made on any LOANS or on account of principal under any other revolving credit facilities) required to be paid by the BORROWERS during such period, all determined on a consolidated basis in accordance with G.A.A.P.
