Consolidated Earnings definition
Consolidated Earnings means, for any period, the amount which would be set forth opposite the caption “net income” (or any like caption) in a consolidated statement of income or operations of the Borrower and its Subsidiaries for such period prepared in accordance with GAAP.
Consolidated Earnings means, for any period, “income (loss) before the deduction of income taxes” of Holdings, the Borrower and the Restricted Subsidiaries, excluding extraordinary items, for such period, determined in a manner consistent with the manner in which such amount was determined in accordance with the audited financial statements referred to in Section 9.1(a).
Consolidated Earnings means, for any period, “income (loss) before the deduction of income taxes” of the Borrower and the Restricted Subsidiaries, excluding (a) extraordinary items, for such period, determined in a manner consistent with the manner in which such amount was determined in accordance with the audited financial statements referred to in Section 9.1(a) and (b) the cumulative effect of a change in accounting principles during such period.
Examples of Consolidated Earnings in a sentence
See definition of Consolidated Earnings Before Interest, Taxes, Depreciation and Amortization.
See definition of Consolidated Earnings Before Interest and Taxes.
Consolidated Earnings Before Interest, Taxes, Depreciation and Amortization or EBITDA.
At the end of each fiscal quarter of the Company, the ratio of (x) Consolidated Earnings Before Interest and Taxes for the four fiscal quarters then ended to (y) Gross Interest Expense for the four fiscal quarters then ended will not be less than 6.50:1.
On the last day of each fiscal quarter of the Company, the Consolidated Earnings Before Interest and Taxes of the Company and its Subsidiaries for the four consecutive fiscal quarters of the Company then ending will be an amount which equals or exceeds 200% of the Consolidated Interest Expense of the Company and its Subsidiaries for the same four consecutive fiscal quarters.
More Definitions of Consolidated Earnings
Consolidated Earnings means, for any period, "income from continuing operations before income taxes and extraordinary items" of the Borrower and the Restricted Subsidiaries for such period, determined in a manner consistent with the manner in which such amount was determined in accordance with the audited financial statements referred to in Section 9.1(a).
Consolidated Earnings means the consolidated net income for the Performance Year, (i) adjusted to omit the effects of unusual and infrequent items, all as shown on the audited financial statements of the Company, as determined in accordance with accounting principles generally accepted in the United States, and (ii) subject to such additional adjustments as the Committee in its discretion shall specify within the 90-day period beginning January 1st of the Performance Year.
Consolidated Earnings means, for any period, the amount set forth opposite the caption “net income” (or any like caption) in a consolidated statement of income or operations of UHG and its Subsidiaries for such period prepared in accordance with GAAP, but excluding (only to the extent included in determining net income (loss) for such period) any change in fair value of Derivative Liabilities shown on the consolidated statement of income or operations for UHG and its Subsidiaries, as determined by Administrative Agent in its reasonable discretion.
Consolidated Earnings at any date shall mean the amount which would be set forth opposite the caption "net income" (or any like caption) in a consolidated statement of income or operations of Borrower and Borrower's Subsidiaries at such date prepared in accordance with GAAP.
Consolidated Earnings means, for any period, “income (loss) before the deduction of income and franchise taxes” of the Borrower and the Restricted Subsidiaries, excluding (a) extraordinary items for such period, determined in a manner consistent with the manner in which such amount was determined in accordance with the audited financial statements referred to in Section 9.1(a) and (b) the cumulative effect of a change in accounting principles or policies during such period, whether effected through a cumulative effect adjustment or a retroactive application, in each case in accordance with GAAP.
Consolidated Earnings means, for any period, “income (loss) before the deduction of income taxes” of Parent, Holdings, the Borrower and the Restricted Subsidiaries, excluding extraordinary losses and extraordinary gains, for such period, determined in accordance with GAAP, provided that any “income (loss) before the deduction of income taxes” from disposed or discontinued operations shall be excluded.
Consolidated Earnings means, for any period, "income (loss) before the deduction of income taxes" of the Borrower and the Restricted Subsidiaries, excluding (a) extraordinary items, for such period, determined in a manner consistent with the manner in which such amount was determined in accordance with the audited financial statements referred to in Section 9.1(a) and (b) the cumulative effect of a change in accounting principles during such period.