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, 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 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.
For more information related to these items, see the footnotes to the Consolidated Earnings Results on page 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, at any date, 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 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 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 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.
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 Borrower and its Subsidiaries for such period prepared in accordance with GAAP, minus franchise taxes payable in Texas and minus Assumed Borrower Taxes with respect to such period.
Consolidated Earnings means, for any period, Consolidated Net Income (other than for Unrestricted Entities), but excluding in each case for such period: (i) any gain or loss recorded in income arising from the sale of capital assets, as determined in accordance with GAAP; (ii) any gain or loss recorded in income arising from any write-up or write-down of assets, as determined in accordance with GAAP; (iii) any gain or loss recorded in income arising from the acquisition of any securities of the Canadian Borrower or any of its Subsidiaries, as determined in accordance with GAAP; (iv) any non-cash gain or loss recorded in income from discontinued operations from and after the date of sale or discontinuance of such operations, as determined in accordance with GAAP; (v) any other non-cash gain or loss arising from items that do or do not have all the characteristics of extraordinary items but which result from transactions or events that are not expected to occur frequently over several years or do not typify normal business activities of the Canadian Borrower and its Subsidiaries, as determined in accordance with GAAP, to the extent that any such gain or loss has been recorded in income and has been disclosed separately in the income statement for the Canadian Borrower and its Subsidiaries or the notes thereto (other than for Unrestricted Entities); or (vi) non-cash stock based compensation charges (other than for Unrestricted Entities).