Consolidated Period Sample Clauses

Consolidated Period. Consolidated Period" has the meaning set forth in Section 3.5(b) hereof.
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Consolidated Period. For each Consolidated Period, RIBAPHARM shall be liable for and pay to ICN an amount equal to the Federal Income Tax determined under the "Stand Alone Method." Under this method RIBAPHARM's liability for Tax for any Taxable Period is computed as if, since the Contribution Date, RIBAPHARM had (i) never been part of the ICN Group and (ii) filed a consolidated Federal Income Tax Return as parent of the RIBAPHARM Group with each eligible member of that Group; provided, however, that the provisions of Section 2.6(a) regarding special rules for application of the Stand Alone Method shall apply. ICN shall be liable for all Federal Income Tax for the Consolidated Period other than amounts for which RIBAPHARM is liable pursuant to this Section 2.2(a). ICN Tax Sharing Agreement
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Consolidated Period. For each Consolidated Period, Ribapharm shall be liable for and pay to ICN an amount equal to the Federal Income Tax determined under the "Stand Alone Method." Under this method Ribapharm's liability for Tax for any Taxable Period is computed as if Ribapharm had (i) never been part of the ICN Group and (ii) filed a consolidated Federal Income Tax Return as parent of the Ribapharm Group with each eligible member of that Group; provided, however, that the provisions of Section 2.6(a) regarding special rules for application of the Stand Alone Method shall apply. ICN shall be liable for all Federal Income Tax for the Consolidated Period other than amounts for which Ribapharm is liable pursuant to this Section 2.2(a).
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Consolidated Period. Section 6.11. Corporate Restructuring Transactions. Section 6.12. Distribution.
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Consolidated Period. For each Consolidated Period, CMC shall be liable for and pay to Cabot an amount equal to Federal Income Tax determined under the "Stand Alone Method." Under this method CMC's liability for Tax for any taxable period is computed as if, since its formation, CMC had (i) never been part of the Cabot Group and (ii) filed a consolidated Federal Income Tax Return as parent of the CMC Group with each eligible member of that Group; provided, however, that the provisions of Section 2.5(a) regarding special rules for application of the Stand Alone Method shall apply. Cabot shall be liable for all Federal Income Tax for the Consolidated Period other than amounts for which CMC is liable pursuant to this Section 2.1(a).
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Consolidated Period. Section 6.11.
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Related to Consolidated Period

  • End of Fiscal Years; Fiscal Quarters The Borrower will cause (i) its and each of its Domestic Subsidiaries’ fiscal years to end on December 31 of each calendar year and (ii) its and each of its Domestic Subsidiaries’ fiscal quarters to end on March 31, June 30, September 30 and December 31 of each calendar year.

  • Consolidated Net Income The consolidated net income of the Borrowers after deduction of all expenses, taxes, and other proper charges, determined in accordance with GAAP.

  • Measurement Period In this Agreement, unless the contrary intention appears, a reference to:

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of REIT and its Subsidiaries for such period determined on a Consolidated basis.

  • Consolidated Net Leverage Ratio Permit the Consolidated Net Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 4.50:1.00.

  • Consolidated Excess Cash Flow Subject to Section 2.14(g), if there shall be Consolidated Excess Cash Flow for any Fiscal Year beginning with the Fiscal Year ending December 31, 2018, the Borrowers shall, within ten Business Days of the date on which the Borrowers are required to deliver the financial statements of Holdings and its Restricted Subsidiaries pursuant to Section 5.1(b), prepay the Loans and/or certain other Obligations as set forth in Section 2.15(b) in an aggregate amount equal to (i) 50% of such Consolidated Excess Cash Flow minus (ii) voluntary prepayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)); provided, if, as of the last day of the most recently ended Fiscal Year, the Consolidated Total Net Leverage Ratio (determined for such Fiscal Year by reference to the Compliance Certificate delivered pursuant to Section 5.1(c) calculating the Consolidated Total Net Leverage Ratio as of the last day of such Fiscal Year) shall be (A) less than or equal to 4.50:1.00 but greater than 4.00:1.00, the Borrowers shall only be required to make the prepayments and/or reductions otherwise required hereby in an amount equal to (1) 25% of such Consolidated Excess Cash Flow minus (2) voluntary repayments of the Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) made during such Fiscal Year (excluding repayments of revolving First Lien or Refinanced Debt (as defined in the First Lien Credit Agreement) except to the extent the applicable revolving credit commitments are permanently reduced in connection with such repayments) paid from Internally Generated Cash (provided that such reduction as a result of prepayments made pursuant to Section 10.6(k) shall be limited to the actual amount of cash used to prepay principal of Term Loans, First Lien Loans or Refinanced Debt (as defined in the First Lien Credit Agreement) (as opposed to the face amount thereof)) and (B) less than or equal to 4.00:1.00, the Borrowers shall not be required to make the prepayments and/or reductions otherwise required by this Section 2.14(e).

  • Consolidated Leverage Ratio Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Borrower to be greater than 2.50 to 1.0.

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

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