Consolidated Cash Flow Available for Fixed Charges definition

Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

Consolidated Cash Flow Available for Fixed Charges for any period means, without duplication, the sum of the amounts for such period of

Consolidated Cash Flow Available for Fixed Charges for the Issuer and the Issuer Restricted Subsidiaries for any period means the Consolidated Net Income of the Issuer and the Issuer Restricted Subsidiaries for such period increased by the sum of, to the extent reducing such Consolidated Net Income for such period (or, with respect to clause (v) below, reduced by such amount to the extent increasing such Consolidated Net Income for such period), (i) Consolidated Interest Expense of the Issuer and the Issuer Restricted Subsidiaries for such period; (ii) Consolidated Income Tax Expense of the Issuer and the Issuer Restricted Subsidiaries for such period; (iii) consolidated depreciation and amortization expense and any other non-cash items (other than any such non-cash item to the extent that it represents an accrual of or reserve for cash expenditures in any future period) for the Issuer and the Issuer Restricted Subsidiaries; (iv) other non-recurring or unusual losses or expenses of the Issuer and the Issuer Restricted Subsidiaries (as determined by the Issuer in good faith); (v) non-recurring or unusual gains of the Issuer and the Issuer Restricted Subsidiaries (as determined by the Issuer in good faith); (vi) acquisition-related costs and restructuring reserves incurred by the Issuer or any of the Issuer Restricted Subsidiaries in connection with the acquisition of, merger, amalgamation or consolidation with, any Person expensed in computing such Consolidated Net Income to the extent the same would have been capitalized prior to the adoption of Statement of Financial Accounting Standards No. 141R, Business Combinations; (vii) the amount of (a) any restructuring charges or reserves and expenses related to business optimization or cost savings initiatives (which, for the avoidance of doubt, shall include, without limitation, the effect of inventory optimization programs, facility closures, facility consolidations, retention, systems establishment costs, contract termination costs and future lease commitments) of the Issuer and the Issuer Restricted Subsidiaries, and (b) any impairment charge or asset write-off or write-down of the Issuer and the Issuer Restricted Subsidiaries, in each case, pursuant to generally accepted accounting principles; and (viii) any non-recurring expenses or charges (other than depreciation or amortization expense) related to any equity offering, investment, acquisition, disposition, recapitalization or the Incurrence of Debt permitted to be Incurred under this Indenture (including...

Examples of Consolidated Cash Flow Available for Fixed Charges in a sentence

• As of the last day of each fiscal quarter of the Parent Guarantor, the ratio of Consolidated Cash Flow Available for Fixed Charges to Consolidated Fixed Charges, in each case for the four fiscal quarters ending on such day, shall not be less than 2.0 to 1.0.

• Permit the ratio of Consolidated Cash Flow Available for Fixed Charges to Consolidated Fixed Charges, in each case as of the end of any fiscal quarter of NWS ending after the Effective Date determined for the period of four consecutive fiscal quarters ending on such date, to be less than 2.0 to 1.

• Until Final Payment permit, as at the end of each fiscal quarter, the ratio of Consolidated Cash Flow Available for Fixed Charges for the four consecutive fiscal quarter period ending at such date to Consolidated Fixed Charges for such four consecutive fiscal quarter period to be less than 2.50 to 1.

• Section 8.1 of the Note Agreement is amended by deleting in its entirety each of the following definitions set forth therein: "Consolidated Adjusted Net Worth", "Consolidated Cash Flow Available for Fixed Charges", "Consolidated Funded Debt", "Consolidated Total Capitalization", "Fixed Charges", "Make-Whole Amount", "Reinvestment Rate", "Restricted Payment Pool" and "Weighted Average Life to Maturity".

• The Company will not, as of the end of any fiscal quarter, permit the ratio of Consolidated Cash Flow Available for Fixed Charges for the immediately preceding four consecutive fiscal quarters to Consolidated Fixed Charges for the immediately preceding four consecutive fiscal quarters to be less than 1:75 to 1:00.

More Definitions of Consolidated Cash Flow Available for Fixed Charges

Consolidated Cash Flow Available for Fixed Charges means, for any period, Consolidated Net Income for such period plus (each to the extent deducted in calculating such Consolidated Net Income and determined in accordance with GAAP) the sum for such period, without duplication, of:

Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period, on a consolidated basis in accordance with GAAP, the sum of, without duplication, the amounts for such period, taken as a single accounting period, of (A) (i) Consolidated Net Income, (ii) Consolidated Non-cash Charges, (iii) Consolidated Interest Expense, (iv) Consolidated Income Tax Expense, and (v) one-third of Consolidated Rental Payments, less (B) any non-cash items increasing Consolidated Net Income for such period.

Consolidated Cash Flow Available for Fixed Charges and “Consolidated Interest Incurred” shall be calculated after giving effect on a pro forma basis for the period of such calculation to:

Consolidated Cash Flow Available for Fixed Charges of the Borrower and its Restricted Subsidiaries means for any period, the sum of the amounts for such period of:

Consolidated Cash Flow Available for Fixed Charges means, with respect to the Partnership and its Restricted Subsidiaries, for any period, the sum of, without duplication, the amounts for the period, taken as single accounting, of:

Consolidated Cash Flow Available for Fixed Charges for any period means the Consolidated Net Income of the Company and its Restricted Subsidiaries for such period increased by the sum of (i) Consolidated Interest Expense of the Company and its Restricted Subsidiaries for such period, plus (ii) Consolidated Income Tax Expense of the Company and its Restricted Subsidiaries for such period, plus (iii) the consolidated depreciation and amortization expense included in the income statement of the Company and its Restricted Subsidiaries for such period, plus (iv) any noncash expense for such period (excluding any noncash charge to the extent that it requires an accrual of or a reserve for cash disbursements in any future period), plus (v) any charge related to any premium or penalty paid in connection with redeeming or retiring any Debt prior to its stated maturity; provided, however, that there shall be excluded therefrom the Consolidated Cash Flow Available for Fixed Charges (if positive) of any Restricted Subsidiary of the Company (calculated separately for such Restricted Subsidiary in the same manner as provided above for the Company) that is subject to a restriction which prevents the payment of dividends or the making of distributions to the Company or another Restricted Subsidiary of the Company to the extent of such restriction.

Consolidated Cash Flow Available for Fixed Charges of the Company and its Restricted Subsidiaries means for any period, the sum of the amounts for such period of: