Consolidated Fixed Charge Ratio definition
Consolidated Fixed Charge Ratio means, with respect to the Borrower and its Subsidiaries for the Applicable Period, the ratio of (i) Consolidated EBITDA for such period less Capital Expenditures for such period to (ii) Consolidated Fixed Charges for such period.
Consolidated Fixed Charge Ratio means, for any Person, for any period, the ratio of (i) Annualized Pro Forma EBITDA to (ii) Consolidated Interest Expense for such period multiplied by four.
Consolidated Fixed Charge Ratio means, with respect to any Test Period, the ratio of (a) Consolidated EBITDAR for such Test Period to (b) Consolidated Interest Charges plus Rent for such Test Period.
Examples of Consolidated Fixed Charge Ratio in a sentence
Permit, at the end of any Four-Quarter Period of the Borrower, the Consolidated Fixed Charge Ratio for such Four-Quarter Period to be equal to or less than 1.50 to 1.00.
Borrower and its Restricted Subsidiaries will maintain as at the last day of each fiscal quarter of the Borrower, beginning with the fiscal quarter ending December 31, 2002, in each case calculated on a rolling four (4) quarter basis, a Consolidated Fixed Charge Ratio in a proportion of not less than 1.75 to 1.
As of the last day of any fiscal quarter, permit the Consolidated Fixed Charge Ratio to be less than 1.25 to 1.00.
Maintain at the end of each of the Borrower’s fiscal quarters, a Consolidated Fixed Charge Ratio of at least 1.50 to 1.00.
Permit the Consolidated Fixed Charge Ratio to be less than 2.00 to 1.00 as of the last day of any Test Period (commencing with the first fiscal quarter following the Closing Date).
More Definitions of Consolidated Fixed Charge Ratio
Consolidated Fixed Charge Ratio means for the Lessee and its Subsidiaries on a consolidated basis at any date, the quotient of (a) the sum of (i) Consolidated Net Income, plus (ii) Consolidated Interest Expense, plus (iii) Consolidated Income Tax Expense, plus (iv) Consolidated Lease Rental Expense, plus (v) depreciation expense, divided by (b) the sum of (x) CMLTD, plus (y) Consolidated Interest Expense plus (z)
Consolidated Fixed Charge Ratio of the Guarantor means the ratio of (i) the aggregate amount of Consolidated Net Income Available for Fixed Charges of such Person for the four fiscal quarters for which financial information in respect thereof is available immediately prior to the date of the transaction giving rise to the need to calculate the Consolidated Fixed Charge Ratio (the "Transaction Date") to (ii) the aggregate Consolidated Interest Expense of such Person for the four fiscal quarters for which financial information in respect thereof is available immediately prior to the Transaction Date.
Consolidated Fixed Charge Ratio means a ratio of: (i) (a) Consolidated Earnings Before Interest, Taxes, Depreciation and Amortization for such period, less (b) Consolidated Capital Expenditures made by the Borrower or any Restricted Subsidiary during such period, less (c) Consolidated Taxes paid during such period, to (ii) the sum of (a) Consolidated Interest Expense for such period, plus (b) Consolidated Principal Amortization for such period, in each case excluding the performance of HIL from any of the foregoing calculations.
Consolidated Fixed Charge Ratio means, as of the last day of any fiscal quarter of the Borrower, the ratio of (i) the sum of Consolidated Net Income, plus Consolidated Fixed Charges plus income taxes (each computed for the four consecutive fiscal quarterly periods then ending), to (ii) Consolidated Fixed Charges (computed for the four consecutive fiscal quarter periods then ending).
Consolidated Fixed Charge Ratio means, on any date, the ratio of (i) the sum of EBITDA minus unfinanced Capital Expenditures to (ii) current portion of long term debt (as per GAAP but excluding any Indebtedness arising under this Agreement) plus interest expense (as certified by a Financial Officer on a quarterly basis). For purposes of calculating Consolidated Fixed Charge Ratio, EBITDA, unfinanced Capital Expenditures and interest expense shall be measured for the four fiscal quarter period ending on the date such ratio is being tested.
Consolidated Fixed Charge Ratio means, with respect to Aviation Sales and its Subsidiaries for any Four-Quarter Period ending on the date of computation thereof, the ratio of (i) Consolidated EBITDA plus Basic Rent for such period less (without duplication) Capital Expenditures for such period to (ii) Consolidated Fixed Charges for such period.
Consolidated Fixed Charge Ratio means, for any period, the ratio of (i) Adjusted EBITDA for such period less Consolidated Capital Expenditures not financed with the proceeds of Indebtedness and made (to the extent not already incurred in a prior period) or incurred during such period, less all federal, state, and local income taxes paid in cash during such period, plus to the extent not already included in Adjusted EBITDA, cash tax refunds and receipts for such period to (ii) Consolidated Fixed Charges for such period.