Combined Fixed Charges means, with respect to the Restricted Subsidiaries that are not Guarantors (and are not a Finance Subsidiary or an Accounts Receivable Entity that is a Domestic Restricted Subsidiary) for any period, the sum, without duplication, of:
Combined Fixed Charges means, for any period, as determined on a Combined basis, the aggregate, without duplication, of (a) Combined Interest Expense, and (b) principal payments on Combined Funded Indebtedness (other than optional prepayments of the Revolving Loans), including payments on Capitalized Lease Obligations.
Combined Fixed Charges means, with respect to Borrowers and their Subsidiaries on a combined basis for any period, the sum, determined on a combined basis, of (a) the Combined Cash Interest Expense for such period, (b) the principal amount of Combined Total Debt having a scheduled due date during such period, (c) all cash dividends payable by Borrowers and their Subsidiaries on Equity Interests in respect of such period to persons other than Borrowers and their Subsidiaries and (d) all commitment fees and other costs, fees and expenses payable by Borrowers and their Subsidiaries on a combined basis during such period in order to effect, or because of, the incurrence of any Indebtedness.
Examples of Combined Fixed Charges in a sentence
Exhibit 12 - Computation of ratios 12.1 Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends.
Reporting, institutional coordination and presentation activities will be located in Nangarhar and Kabul, as appropriate and by agreement of the parties.
S-10 Consolidated Ratios of Earnings to Combined Fixed Charges and Preferred Stock DividendRequirements ....................................................................
EXHIBIT 12 -- STATEMENTS RE: COMPUTATION OF RATIOS Sempra Energy12.1 Sempra Energy Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends for the years ended December 31, 2008, 2007, 2006, 2005 and 2004.
EXHIBIT 12 -- STATEMENTS RE: COMPUTATION OF RATIOS Sempra Energy12.1 Sempra Energy Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends for the years ended December 31, 2009, 2008, 2007, 2006 and 2005.
More Definitions of Combined Fixed Charges
Combined Fixed Charges. The sum of Combined Lease Payments and required principal and interest payments pursuant to the Total Debt as reduced for any inter-company transactions.
Combined Fixed Charges means, with reference to any period, the sum of (a) the aggregate amount of payments required to be made by the members of the Black & Xxxxxx Group during such period in respect of principal on all Indebtedness for Borrowed Money (whether at maturity, as a result of mandatory sinking fund redemption, mandatory prepayment, acceleration or otherwise, excluding, however, the aggregate of any payments required pursuant to any clean-down period under the Credit Agreement), plus (b) Interest Expense for such period, plus (c) the aggregate amount of payments required to be made by the members of the Black & Xxxxxx Group during such period in respect of leases or similar arrangements (including without limitation all payments required under operating leases and Capitalized Leases under which the members of the Black & Xxxxxx Group are liable as lessee) plus (d) all federal, state and local taxes paid by the Company or Holding in cash.”
Combined Fixed Charges means for the Borrowers and the Subsidiaries on a combined basis, for the four (4) Fiscal Quarter period ending on the date of determination, the sum of (a) Combined Cash Interest Expense paid during such period, plus (b) scheduled principal payments paid as a result of the Revolving Loan Commitment reduction requirements under subsection 2.4A hereof during such period plus (c) agency fees and commitment fees paid during such period, plus (d) Combined Capital Expenditures of the Borrowers and the Subsidiaries paid during such period, plus (e) taxes paid in Cash and Restricted Junior Payments made with respect to taxes resulting from the business and activities of Borrowers and their Subsidiaries during such period (provided that subsection (e) of this definition shall NOT include Restricted Junior Payments made by the Borrowers permitted by subsection 7.5(ii) and (iii) hereof or in respect of capital gains taxes) plus (f) LMA Payments.
Combined Fixed Charges means, as of any applicable date of determination, the product of (i) sum of (a) all amounts of Borrower and MLP on a combined basis which would, in accordance with GAAP, be deducted in computing net income on account of interest on Debt, including but not limited to imputed interest in respect of Capital Lease obligations, amortization of Debt discounts and expenses, fees and commissions for letters of credit and bankers' acceptance financing and net interest costs of interest rate swaps and xxxxxx for the calendar month immediately preceding the calendar month in which such determination date is, PLUS (b) all payments of Borrower and MLP on a combined basis pursuant to any lease of Property other than Capital Lease obligations (net of the amount, if any, of fixed rents paid to Borrower or MLP or any Affiliate of either or both of them under noncancellable subleases of one year or longer on the Property subject to such leases) for the calendar month immediately preceding the calendar month in which such determination date is, MULTIPLIED by (ii) the Weighting Factor for the calendar month immediately preceding the calendar month in which the determination date is, MULTIPLIED by (iii) twelve (12).
Combined Fixed Charges means for any period, the sum for Level 3 and the Subsidiaries for such period of (a) Combined Cash Interest Expense for such period net of cash interest income for such period, (b) the aggregate amount of scheduled principal payments made during such period in respect of Long-Term Indebtedness of Level 3 and the Subsidiaries (other than payments made by Level 3 or any Subsidiary to Level 3 or a Subsidiary), (c) the aggregate amount of principal payments scheduled during such period in respect of Long-Term Indebtedness of Level 3 and the Subsidiaries to the extent discharged by prepayments made not more than one year prior to the date of such respective scheduled principal payments, (d) the aggregate amount of cash payments made during such period by Xxxxx 0 and the Subsidiaries under financing leases and other off balance sheet financing arrangements, (e) the aggregate amount of cash payments made during such period by Xxxxx 0 and the Subsidiaries in respect of preferred stock and (f) the aggregate amount of income Taxes paid in cash by Xxxxx 0 and the Subsidiaries during such period, all as determined on a combined basis with respect to Level 3 and the Subsidiaries in accordance with GAAP.
Combined Fixed Charges means the combined Consolidated Fixed Charges of the Guarantors, adjusted to eliminate any inter-Guarantor transactions so as to reflect combined Consolidated Fixed Charges as if all of the Guarantors had been a consolidated entity, measured in accordance with GAAP.
Combined Fixed Charges means, for any period, the sum of (i) Parent Companies Interest Expense for such period, (ii) actual capital expenditures of Parent Companies during such period (excluding (A) expenditures of insurance proceeds to restore damaged fixed assets and (B) for any period or portion thereof ending on or before December 31, 2002, Permitted Special Capital Expenditures), (iii) the aggregate principal amount of scheduled amortization of Combined Total Debt (other than the Revolving Loans) during such period, (iv) the aggregate amount by which the Revolving Commitments have been reduced during such period to the extent the Revolving Loans have been concurrently repaid in corresponding amounts, (v) cash taxes actually paid or payable by Parent Companies during such period, in each case on a Combined Basis and (vi) the aggregate amount of Restricted Payments made pursuant to Section 6.06(a)(ii).