Consolidated Debt to Cash Flow Ratio definition

Consolidated Debt to Cash Flow Ratio means, as of the last day of a Quarter, the ratio of Debt to Cash Flow at such date as determined by reference to the Trust's unaudited consolidated financial statements as at such date.
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Consolidated Debt to Cash Flow Ratio in the fourth and fifth lines of the definition and at the top of the second column from the left therein with the term “Consolidated Debt to EBITDA Ratio”.
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Consolidated Debt to Cash Flow Ratio is amended to read as follows:
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Examples of Consolidated Debt to Cash Flow Ratio in a sentence

  • Whenever this Agreement calls for a change in an Applicable Pricing Margin by reason of a change in the Consolidated Debt to Cash Flow Ratio, each such change shall be effective on the first day following the end of the Quarter in which the Compliance Certificate disclosing (or which would disclose) the change in the Consolidated Debt to Cash Flow Ratio giving rise to such change in the Applicable Pricing Margin is delivered or deliverable by the Borrower to the Agent.

  • Notwithstanding the forgoing, in the case of a Compliance Certificate deliverable pursuant to Subsection 11.1(l) and in respect of the financial statements deliverable pursuant to Subsection 11.1(j), any change in the Applicable Pricing Margins called for by reason of a change in the Consolidated Debt to Cash Flow Ratio shall be made retroactively to the first day following the end of the Quarter which follows the four Quarter accounting period to which the Compliance Certificate relates.

  • Whenever this Agreement calls for a change in a Margin by reason of a change in the Consolidated Debt to Cash Flow Ratio, each such change shall be effective on the first day following the end of the Quarter in which the Compliance Certificate disclosing (or which would disclose) the change of the Consolidated Debt to Cash Flow Ratio giving rise to such change in the Margin is delivered or deliverable by the Borrower to BNS.

  • Notwithstanding the forgoing, in the case of a Compliance Certificate deliverable pursuant to Subsection 11.1(l) in respect of the financial statements deliverable pursuant to Subsection 11.1(j), any change in the Applicable Pricing Margins called for by reason of a change in the Consolidated Debt to Cash Flow Ratio shall be made retroactively to the first day following the end of the Quarter which follows the four Quarter accounting period to which the Compliance Certificate relates.

  • The Margins will vary on the basis of the Consolidated Debt to Cash Flow Ratio as at the end of each fiscal quarter and in accordance with the following pricing grid: As of Closing, the Margins will be based on Level [Redacted].

  • The Borrower -------------------------------------------- will not, as of the last day of any fiscal quarter of the Borrower, commencing with the fiscal quarter ending June 30, 2001, permit the Consolidated Debt to Cash Flow Ratio for the period of four consecutive fiscal quarters ending on such day, to be greater than 3.50 to 1.0.

  • The Borrower shall not permit the Consolidated Debt to Cash Flow Ratio, tested as of the last day of each Fiscal Quarter, commencing with the last day of the first full Fiscal Quarter ending after the Closing Date, (a) with respect to any Fiscal Quarter ending on or prior to the last day of the Term Loan Commitment Period, to be greater than 4.50:1.00 and (b) with respect to any Fiscal Quarter ending after the last day of the Term Loan Commitment Period, to be greater than 4.00:1.00.

  • The Margins will vary on the basis of the Consolidated Debt to Cash Flow Ratio as at the end of each fiscal quarter and in accordance with the following pricing grid: 1 [Redacted] [Redacted] [Redacted] [Redacted] As of Closing, the Margins will be based on Level 1.

  • The Borrower will -------------------------------------------- not, as of the last day of any fiscal quarter of the Borrower, commencing with the fiscal quarter ending December 31, 1997, permit the Consolidated Debt to Cash Flow Ratio for the period of four consecutive fiscal quarters ending on such day, to be greater than 3.50 to 1.0.


More Definitions of Consolidated Debt to Cash Flow Ratio

Consolidated Debt to Cash Flow Ratio means at any date of determination thereof, the ratio of (a) Consolidated Total Indebtedness of Borrower and its Subsidiaries, to (b)
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Consolidated Debt to Cash Flow Ratio means, as of any date of determination, the ratio of (a) Consolidated Debt (minus Unrestricted Cash in an amount not to exceed $20,000,000) to (b) Cash Flow of the Restricted Persons for the four (4) most recently ended Fiscal Quarters; provided that for purposes of calculating the Consolidated Debt to Cash Flow Ratio, (i) Cash Flow for the Fiscal Quarter ended March 31, 2023 shall be deemed to be $8,236,000, (ii) Cash Flow for the Fiscal Quarter ended June 30, 2023 shall be deemed to be $11,551,000 and (iii) Cash Flow for the Fiscal Quarter ended September 30, 2023 shall be calculated to give effect to any “Cash Flow” from Restricted Persons that were not Consolidated with the Borrower for the entirety of such Fiscal Quarter but which have become Consolidated with the Borrower as of the Closing Date, as calculated in good faith and certified by a Responsible Officer of the Borrower.
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Consolidated Debt to Cash Flow Ratio to “Consolidated Debt to EBITDA Ratio”.
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Consolidated Debt to Cash Flow Ratio with the term “Consolidated Debt to EBITDA Ratio”; provided that for greater certainty, if the Borrower delivers a Compliance Certificate in the form attached as Appendix 1 to the Seventh Amending Agreement (the “New Compliance Certificate”) concurrent with its delivery of the Compliance Certificate required pursuant to Section 11.1(l) of the Syndicated Credit Agreement in respect of the first Quarter of 2015, any change to Margins to be effective on the Pricing Change Date shall be based upon the Consolidated Debt to EBITDA Ratio set forth in the New Compliance Certificate.
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Consolidated Debt to Cash Flow Ratio. “Conversion”, “Environmental Laws”, “Event of Default”, “Guarantors”, “Interest Expense”, “Lenders” “Material Subsidiary”, “Permitted Encumbrances”, “Person”, “Prime Rate”, “Prime Rate Loans”, “Quarter”, “Rollover”, “Security Documents”, “Security Interest”, “Stamping Fees”, “Subsidiary”, “U.S. Base Rate”, “U.S. Base Rate Loans”, “U.S. Dollars” and “U.S. $” have the meanings given to them in the Syndicated Credit Agreement, mutatis mutandis, and the following capitalized terms have the meanings set out below:
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Consolidated Debt to Cash Flow Ratio means at any date of determination thereof, the ratio of (a) Consolidated Total Indebtedness of Borrower and its Subsidiaries, to (b) Consolidated Cash Flow From Operations.
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Related to Consolidated Debt to Cash Flow Ratio

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (x) the sum of (a) Consolidated Total Indebtedness as of such date and (b) without duplication, the Reserved Indebtedness Amount as of such date to (y) LTM EBITDA.

  • Consolidated Debt means at any date the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Leverage Ratio means, as of any date, the ratio of (i) Consolidated Total Debt as of such date to (ii) Consolidated EBITDA for the four consecutive Fiscal Quarters ending on or immediately prior to such date.

  • Consolidated Total Capital means, as of any date of determination, the sum of (i) Consolidated Indebtedness and (ii) Consolidated Net Worth at such time.