Consolidated Cash EBITDA means, for any period, Consolidated EBITDA, plus 100% of the net decrease in the Contract Asset Balance on the last day of such period compared to the first day of such period, less 100% of the net increase in the Contract Asset Balance on the last day of such period compared to the first day of such period.
Consolidated Cash EBITDA means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, an amount equal to Consolidated Net Income for such period plus
Consolidated Cash EBITDA has the meaning specified in the First Lien Credit Agreement as in effect on the Fourth Amendment Effective Date.
Examples of Consolidated Cash EBITDA in a sentence
Permit Consolidated Cash EBITDA to be less than (i) for the four fiscal quarter periods ending on March 31, 2012 and June 30, 2012, $25,000,000, (ii) for the four fiscal quarter period ending September 30, 2012, $30,000,000, (iii) for the four fiscal quarter periods ending December 31, 2012, March 31, 2013, June 30, 2013, September 30, 2013 and December 31, 2013, $35,000,000 and (iv) for each four fiscal quarter period ending thereafter, $40,000,000.
Permit the ratio of (i) Consolidated Cash EBITDA for any fiscal quarter of the Borrower to (ii) Consolidated Cash Interest Expense accrued by the Borrower and its Subsidiaries (and by Holdings and its Subsidiaries, for any period between the Closing Date and the Effective Date) during such quarter to be less than 4.00 to 1.00.
Receipt by the Administrative Agent of a demonstration, in form and substance reasonably satisfactory to the Administrative Agent and certified by a Responsible Officer of the Borrower, that Consolidated Cash EBITDA for the twelve month period ended December 31, 2011 (calculated after giving effect to the Analytics Acquisition and the transactions contemplated hereby on a Pro Forma Basis) was at least $25,000,000.
From and after the First Amendment Effective Date until the end of the fourth full fiscal quarter ending after the Litigation Matters Settlement Date, permit Consolidated Cash EBITDA as of the end of any fiscal quarter of the Borrower to be less than $60,000,000 for the period of four fiscal quarters of the Borrower ended on such date.
The Administrative Agent shall be satisfied that on the Restatement Effective Date the ratio of Consolidated Total Debt to Consolidated Cash EBITDA for the twelve-month period ended as of June 30, 2004 shall be no greater than 4.0 to 1.0, determined on a pro forma basis for the consummation of the transactions contemplated hereby.
More Definitions of Consolidated Cash EBITDA
Consolidated Cash EBITDA for any period, Consolidated Net Income for such period plus, without duplication and to the extent reflected as a charge in the statement of such Consolidated Net Income for such period, the sum of (a) Consolidated Interest Expense, (b) depreciation, amortization and accretion expense, (c) income tax expense, (d) extraordinary, unusual or non-recurring expenses or losses, (e) restructuring charges in an amount not to exceed $5,000,000 during the term of this Agreement, (f) impairment charges related to non-cash write downs on Towers and other assets, (g) expenses or losses from "discontinuation of operations" accounting treatment (whether or not includable as a separate item in the statement of such Consolidated Net Income for such period), (h) other non-cash expenses and (i) any expense which was included in Consolidated Net Income for such period resulting from GAAP "straight-lining" pertaining to ground leases, and minus, to the extent included in the statement of Consolidated Net Income for such period, the sum of (a) extraordinary, unusual or non-recurring income or gains, (b) income or gains from "discontinuation of operations" accounting treatment (whether or not includable as a separate item in the statement of such Consolidated Net Income for such period), (c) income tax benefits, (d) other non-cash income, all as determined on a consolidated basis, (e) the amount of Restricted Payments made by the Borrower to Holdings to pay corporate selling, general and administrative expenses paid during such period (whether or not includable as a separate item in the statement of such Consolidated Net Income for such period), and (f) any non-cash income which was included in Consolidated Net Income for such period as a result of GAAP "straight-lining" pertaining to tenant leases; provided that, for purposes of calculating Consolidated Cash EBITDA for any period, the Consolidated Cash EBITDA of any Person or Property Disposed of by the Borrower or its Subsidiaries during such period shall be excluded for such period (assuming the consummation of such Disposition and the repayment of any Indebtedness in connection therewith occurred on the first day of such period). It is understood and agreed that Consolidated Cash EBITDA shall be calculated substantially as set forth on Schedule 1.1C.
Consolidated Cash EBITDA means, as of any date for the applicable period ending on such date with respect to any Person and its Restricted Subsidiaries on a consolidated basis, the sum of (a) Consolidated Net Income adjusted to include only the cash impact of deferred revenue and related costs and deferred rental expense, plus (b) an amount which, in the determination of Consolidated Net Income as adjusted for such period, has been deducted (and not added back) for (other than clauses (xix) and (xxi) below), without duplication:
Consolidated Cash EBITDA means, for any period, Consolidated Net Income for such period, adjusted by (x) adding thereto, in each case only to the extent (and in the same proportion) deducted in determining such Consolidated Net Income and without duplication:
Consolidated Cash EBITDA means, for any period, Consolidated EBITDA, plus, without duplication, 100% of the net decrease in the Contract Asset Balance on the last day of such period compared to the first day of such period (other than net decreases (if any) that were included pursuant to clause (a) of the definition of Consolidated EBITDA in arriving at such Consolidated EBITDA), less 100% of the net increase in the Contract Asset Balance on the last day of such period compared to the first day of such period (other than net increases (if any) that were included pursuant to clause (c) of the definition of Consolidated EBITDA in arriving at such Consolidated EBITDA).; provided, however, that the portion of any net decrease or net increase in the Contract Asset Balance that occurs on the closing date of any Acquisition or Disposition (including, for the avoidance of doubt, the ETQ Acquisition) solely as a result of the consummation of such Acquisition or Disposition shall not be included in the calculation of Consolidated Cash EBITDA; provided, further, that any such net increase or net decrease occurring after the closing date of such Acquisition or Disposition shall be included in the calculation of Consolidated Cash EBITDA. Notwithstanding the foregoing, but subject to any adjustment set forth in clauses (I) and (II) of the proviso at the end of the definition of “Consolidated EBITDA” with respect to Acquisitions and Dispositions occurring prior to, on and following the Effective Date and other adjustments contemplated by Section 1.11 and clause (b) of the definition of “Consolidated EBITDA” (in each case, other than with respect to the ETQ Acquisition), Consolidated Cash EBITDA shall be $80,838,000, $1,251,000 and -$12,448,000 for the fiscal quarters ended March 31, 2024, June 30, 2024 and September 30, 2024, respectively. “Compliance Certificate” means a Compliance Certificate required to be delivered pursuant to Section 5.01. “Consolidated EBITDA” means, for any period, the Consolidated Net Income for such period, plus:
Consolidated Cash EBITDA means, for any period, Consolidated EBITDA, plus, without duplication, 100% of the net decrease in the Contract Asset Balance on the last day of such period compared to the first day of such period (other than net decreases that were included pursuant to clause (a) of the definition of Consolidated EBITDA in arriving at such Consolidated EBITDA), less 100% of the net increase in the Contract Asset Balance on the last day of such period compared to the first day of such period (other than net increases that were included pursuant to clause (c) of the definition of Consolidated EBITDA in arriving at such Consolidated EBITDA). “Compliance Certificate” means a Compliance Certificate required to be delivered pursuant to Section 5.01. “Consolidated EBITDA” means, for any period, the Consolidated Net Income for such period, plus:
Consolidated Cash EBITDA for any period, Consolidated EBITDA for such period plus, without duplication, to the extent not included in Consolidated EBITDA for such period, cash proceeds received in such period from dispositions of IRUs in the ordinary course of business plus, without duplication, to the extent reflected as a charge in the statement of Consolidated Net Income for such period and not added to Consolidated Net Income in the calculation of Consolidated EBITDA for such period, transaction costs and expenses incurred in connection with (a) the acquisition by Leucadia in 2003 of the remaining capital stock of Holdings not previously owned by Leucadia and (b) the Facilities and minus, to the extent included in the statement of Consolidated Net Income and not deducted in the calculation of Consolidated EBITDA for such period, the amortization of proceeds from dispositions of IRUs in the ordinary course of business, all as determined on a consolidated basis; provided that for the purposes of this definition only, notwithstanding anything to the contrary herein, Consolidated Cash EBITDA for the fiscal quarter of the Group Members ending (i) March 31, 2004 shall be $20,600,000 and (ii) June 30, 2004 shall be $44,800,000.
Consolidated Cash EBITDA means, for any period, Consolidated Adjusted EBITDA of the Borrower and its Subsidiaries, for such period, plus, to the extent deducted in calculating Consolidated Net Income and not already added back in calculating Consolidated Adjusted EBITDA for such period, all non-cash charges incurred during such period, plus or minus changes in deferred revenue for such period and minus any cash payments made during such period in respect of non-cash items previously added back in calculating Consolidated Adjusted EBITDA.