Consolidated Entity definition

Consolidated Entity means at any date any Subsidiary, and any other entity the accounts of which would be combined or consolidated with those of the Borrower in its combined or consolidated financial statements if such statements were prepared as of such date.

Consolidated Entity means the Parent Borrower or any Subsidiary whose accounts are or are required to be consolidated or included with the accounts of the Parent Borrower in accordance with GAAP.

Consolidated Entity means the new entity that results from the consolidation of two or more constituent entities;

Examples of Consolidated Entity in a sentence

• Subsidiaries are fully consolidated from the date on which control is transferred to the Consolidated Entity.

• The Consolidated Entity controls an entity when the Consolidated Entity is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power to direct the activities of the entity.

• Where it is not possible to estimate the recoverable amount of an individual asset, the Consolidated Entity estimates the recoverable amount of the cash-generating unit to which the asset belongs.

• Subsequent costs are included in the asset’s carrying amount or recognised as a separate asset, as appropriate, only when it is probable that future economic benefits associated with the item will flow to the Consolidated Entity and the cost of the item can be measured reliably.

• All inter-company balances and transactions between entities in the Consolidated Entity, including any unrealised profits or losses, have been eliminated on consolidation.

More Definitions of Consolidated Entity

Consolidated Entity means any Person whose financial statements are appropriately consolidated with the Borrower's financial statements under GAAP.

Consolidated Entity means, with respect to any Person, (a) any Subsidiary of such Person and (b) any Person consolidated in the financial statements of such Person in accordance with GAAP.

Consolidated Entity means MTLM and each of its consolidated Subsidiaries and shall include in any event each Borrower.

Consolidated Entity means any corporation or other entity which owns at least 50% of the voting or control rights or interest or other ownership interest in either Borrower directly or indirectly in any manner, or in which at least 50% of the voting stock or other ownership interest in such corporation or other entity is owned by either Borrower directly or indirectly in any manner. If Borrowers have no Consolidated Entities, the provisions of this Agreement relating to Consolidated Entities shall be inapplicable without affecting the applicability of such provisions to Borrowers alone.

Consolidated Entity has the meaning specified in the definition of “Consolidating Merger.”

Consolidated Entity means, collectively, (i) Borrower and (ii) any other Person the accounts of which are consolidated with those of the REIT in the consolidated financial statements of the REIT in accordance with GAAP.

Consolidated Entity means the REIT, Borrower and any member of the Consolidated Group.