Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of the Borrower and its Subsidiaries, consolidated in accordance with GAAP.
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of the Borrower and all of its Subsidiaries, consolidated in accordance with generally accepted accounting principles. CONSOLIDATED CASH FLOW. For any period, the sum of (a) the Consolidated Net Income of the Borrower and its Subsidiaries for such period, MINUS (b) Tax Distributions made and cash taxes paid during such period, PLUS (c) to the extent deducted in the calculation of Consolidated Net Income, depreciation and amortization for such period, PLUS (d) Consolidated Total Interest Expense for such period, PLUS (e) to the extent deducted in the calculation of Consolidated Net Income, income tax expense for such period, PLUS (f) income of a non-wholly-owned Subsidiary of the Borrower which is properly attributable to minority interest and which has been deducted in the calculation of Consolidated Net Income but which has not been distributed by such Subsidiary, PLUS (g) to the extent deducted in the calculation of Consolidated Net Income and without duplication, other non-cash charges, if any, for such period, MINUS (h) the aggregate amount of Maintenance Capital Expenditures made during such period, PLUS (i) to the extent deducted in the calculation of Consolidated Net Income and without duplication, nonrecurring noncapitalized transaction expenses relating to the Repurchase and the transactions contemplated hereby. CONSOLIDATED EBITDA. For any period, the sum of (a) the Consolidated Net Income of the Borrower and its Subsidiaries for such period, PLUS (b) income of a non-wholly-owned Subsidiary of the Borrower which is properly attributable to minority interest and which has been deducted in the calculation of Consolidated Net Income but which has not been distributed by such Subsidiary, PLUS (c) Consolidated Total Interest Expense for such period, PLUS (d) to the extent deducted in the calculation of Consolidated Net Income, income tax expense for such period, PLUS (e) to the extent deducted in the calculation of Consolidated Net Income, depreciation and amortization for such period, PLUS (f) to the extent deducted in the calculation of Consolidated Net Income and without duplication, other non-cash charges of the Borrower and its Subsidiaries for such period PLUS (g) to the extent deducted in the calculation of Consolidated Net Income and without duplication, nonrecurring noncapitalized transaction expenses relating to the Repurchase and the transactions cont...
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of MCRC and its subsidiaries (including the Borrower and the Subsidiary Guarantors) or MCRLP and its subsidiaries, as the case may be, consolidated in accordance with GAAP, excluding the effects of consolidation of investments in non-wholly owned subsidiaries under Interpretation No. 46 of the Financial Accounting Standards Board. Consolidated Adjusted Net Income. For any period, an amount equal to the consolidated net income of MCRC, the Borrower and their respective Subsidiaries for such period, as determined in accordance with GAAP, before (a) gains (or losses) from the sale of real property or interests therein, debt restructurings, non-cash valuation charges and other extraordinary items, (b) minority interest of said Persons in other Persons and (c) income taxes; plus (w) interest expense, (x) depreciation and amortization, (y) the noncash portion of executive stock award rights and stock purchase rights included in written executive employment agreements, written employee plans or other written non-monetary employment compensation provisions, and (z) certain non-recurring cash payments made pursuant to certain written employment agreements, written employee plans or other written employment compensation provisions with key management individuals existing as of the date hereof and described on Schedule EMPL hereto and their successors (as such agreements, plans and provisions may be amended from time to time) in an amount not to exceed $20,000,000 in the aggregate during any fiscal year; minus a recurring capital expense reserve in an amount equal to one and one-half percent (1.5%) of consolidated total revenue (excluding interest income) of MCRC, the Borrower and their respective Subsidiaries; all after adjustments to eliminate the effect of the straight-lining of rents; and all after adjustments for unconsolidated partnerships, joint ventures and other entities. Consolidated Capitalized NOI. As of any date of determination, an amount equal to Revised Consolidated Adjusted Net Income for the most recent two (2) completed fiscal quarters multiplied by two (2), with the product being divided by 8.25%, except with respect to CBD Properties, which shall be divided by 7.75%; provided that if any Real Estate has been owned for fewer than two (2) complete fiscal quarters, the Revised Consolidated Adjusted Net Income for such Real Estate shall be calculated by using t...
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of CAI and its Subsidiaries, consolidated in accordance with GAAP. Consolidated EBITDA. With respect to any fiscal period, an amount equal to the sum of (a) Consolidated Net Income (or Deficit) of CAI and its Subsidiaries for such fiscal period, plus (b) in each case to the extent deducted in the calculation of such Person’s Consolidated Net Income and without duplication, (i) depreciation and amortization for such period, plus (ii) income tax expense for such period, plus (iii) Consolidated Total Interest Expense paid or accrued during such period, plus (iv) other noncash charges for such period, plus (c) principal payments received by CAI or any of its Subsidiaries during such period with respect to Direct Finance Leases, all as determined in accordance with GAAP.
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of the Borrowers consolidated in accordance with GAAP.
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of the Transaction Parties, consolidated in accordance with generally accepted accounting principles.
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of the Parent and its Subsidiaries, consolidated in accordance with GAAP.
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the financial statements of the Borrower and its Subsidiaries, consolidated in accordance with generally accepted accounting principles.
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of the Borrower and its Subsidiaries, consolidated in accordance with generally accepted accounting principles. CONSOLIDATED EBITDA. For any period the RESULT of (A) Consolidated Net Income, PLUS (B) to the extent included in the calculation of Consolidated Net Income and without duplication, the SUM of (i) Consolidated Total Interest Expense, PLUS (ii) income tax expense for such period, PLUS (iii) depreciation and amortization, PLUS (iv) all other non-cash charges and non-cash reserves taken during such period (including any non-cash charges related to the issuance or grant of stock options with respect to the Borrower's capital stock), PLUS (v) extraordinary charges or expenses associated with the Borrower's reorganization, MINUS (C) to the extent included in the calculation of Consolidated Net Income and without duplication, extraordinary items of gain or income, in each case determined on a consolidated basis for the Borrower and its Subsidiaries in accordance with generally accepted accounting principles. For purposes of calculating Consolidated EBITDA for the fiscal month of the Borrower ending April 5, 1997 there shall be added to the actual amount of Consolidated EBITDA an amount up to $161,000 to the extent such amount represents amounts listed on SCHEDULE 2 which were deducted in the computation of Consolidated Net Income for such period. For purposes of calculating Consolidated EBITDA for the fiscal month of the Borrower ending May 31, 1997 there shall be added to the actual amount of Consolidated EBITDA an amount up to $270,000 to the extent such amount represents amounts listed on SCHEDULE 2 which were deducted in the computation of Consolidated Net Income for such period.
Consolidated or consolidated. With reference to any term defined herein, shall mean that term as applied to the accounts of BGI and its Subsidiaries, consolidated in accordance with GAAP.