Annualized Consolidated EBITDAX means, for each Rolling Period ending on or prior to December 31, 2010, actual Consolidated EBITDAX for such Rolling Period multiplied by a factor determined for such Rolling Period in accordance with the table below: June 30, 2010 4 September 30, 2010 2 December 31, 2010 1.333

Annualized Consolidated EBITDAX means, for purposes of calculating the financial ratio set forth in Section 11.2 for any Fiscal Quarter, Borrower’s actual Consolidated EBITDAX for the two (2) consecutive Fiscal Quarters ending on the calculation date multiplied by 2.

Annualized Consolidated EBITDAX means, for purposes of calculating the financial ratio set forth in Section 9.01(b) for each fiscal quarter, the Borrower's actual Consolidated EBITDAX for the two (2) consecutive fiscal quarters ending on the calculation date multiplied by 2.

Examples of Annualized Consolidated EBITDAX in a sentence

Commencing with the fiscal quarter ending March 31, 2008, the Borrower will not permit, as of the last day of any fiscal quarter, its ratio of Consolidated Total Debt (for the fiscal quarter ending on such date) to Annualized Consolidated EBITDAX to be greater than 3.5 to 1.0 for each fiscal quarter.
No later than ten (10) working days thereafter, the Human Resources Director, or a designee, shall render a written decision.
The Borrower will not, as of the last day of any fiscal quarter, permit the ratio of Total Funded Debt as of such day to Consolidated EBITDAX for the Rolling Period ending on such day (or, in the case of the Rolling Period ending on September 30, 2012, Annualized Consolidated EBITDAX) to be greater than 2.00 to 1.00.
As of the end of any Fiscal Quarter, commencing with the Fiscal Quarter ending June 30, 2004, WPC will not permit its ratio of Consolidated Total Debt to Annualized Consolidated EBITDAX to be greater than 3.0 to 1.0.
Commencing with the fiscal quarter ending March 31, 2006, the Borrowers will not permit, as of the last day of any fiscal quarter, their ratio of Consolidated Total Debt (for the fiscal quarter ending on such date) to Annualized Consolidated EBITDAX to be greater than 3.0 to 1.0 for each fiscal quarter.

More Definitions of Annualized Consolidated EBITDAX

Annualized Consolidated EBITDAX means, for the purposes of calculating the financial ratios set forth in Section 9.01 for the Rolling Period ending on September 30, 2012, the Consolidated EBITDAX for such Rolling Period plus the Stub Period Consolidated EBITDAX.

Annualized Consolidated EBITDAX means, as of any date of determination in respect of any fiscal quarter ending after the Effective Date and on or prior to March 31, 2018, the sum of (a) Consolidated EBITDAX for the one, two or three fiscal quarter period then ended, as applicable (without giving effect to any amounts added to Consolidated Net Income in the calculation thereof pursuant to clause (k) or clause (l) of the definition thereof) multiplied by the factor set forth in the table below for such period plus (b) any amounts added to Consolidated Net Income in the calculation of Consolidated EBITDAX pursuant to clause (k) or clause (l) of the definition thereof for such one, two or three fiscal quarter period, as applicable:

Annualized Consolidated EBITDAX means, if the Rise Acquisition is consummated, for the purposes of calculating the financial ratios set forth in Section 9.01 for the Rolling Periods ending on or prior to September 30, 2013, the sum of (a) Consolidated EBITDAX for such Rolling Period (without giving effect to any amounts added to Consolidated Net Income in the calculation thereof pursuant to clause (k) of the definition thereof) multiplied by the factor for such Rolling Period set forth in the table below plus (b) any amounts added to Consolidated Net Income in the calculation of Consolidated EBITDAX pursuant to clause (k) of the definition thereof for such Rolling Period: “Annualized Consolidated Net Interest Expense” means, if the Rise Acquisition is consummated, for the purposes of calculating the financial ratios set forth in Section 9.01(a) for the Rolling Periods ending on or prior to September 30, 2013, the Consolidated Net Interest Expense for such Rolling Period multiplied by the factor for such Rolling Period set forth in the table below:

Annualized Consolidated EBITDAX means, for the purposes of calculating Consolidated Total Leverage Ratio as set forth in Section 10.11(a) for each of the Test Periods ending on or prior to June 30, 2021, (a) Consolidated EBITDAX for such Test Period multiplied by (b) the factor for such Test Period set forth in the table below: “APMTG Claim” shall mean (a) the matter APMTG Helium LLC vs. Denbury Onshore, LLC and Denbury Resources Inc. (now known as Denbury Inc.) filed in the Ninth Judicial District in Sublette County, Wyoming as Xxxx # 0000, in which the trial court entered a final judgment on March 11, 2019 awarding liquidating damages and interest thereon to APMTG Helium LLC for the period beginning on the August 1, 2013 commencement date in the contact at issue until the close of evidence on November 29, 2017 (with the exception of 35-day period in 2014) and (b) the matter Denbury Onshore, LLC and Denbury Resources Inc. (now known as Denbury Inc.), as Appellants, v. APMTG Helium LLC, as Appellate in Supreme Court, State of Wyoming as Case S-19 0172, pursuant to which Appellants are appealing the final judgment of the trial court.

Annualized Consolidated EBITDAX means Consolidated EBITDAX for each 2018 Rolling Period ending on the date set forth in the table below multiplied by the factor for such 2018 Rolling Period set forth opposite such date in the table below:

Annualized Consolidated EBITDAX definition

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