Consolidated Funds from Operations means, for any period, "Funds From Operations" or the similar item, determined on a consolidated basis for the Company and its subsidiaries, as shown on the most recent consolidated statements of cash flows for the Company and its subsidiaries which has been delivered to the Agent pursuant to Section 7.01(a).
Consolidated Funds from Operations means, for any period (a) Consolidated Net Income for such period, plus (b) Consolidated Interest Expense, plus (c) the amount of each non-cash item added to net income in determining Consolidated Operating Cash Flow for such period (including, without limitation, any non-cash item of expense, charge, provision or loss, but excluding any amounts added in respect of changes in current asset accounts and current liability accounts), minus (d) the amount of each non-cash item subtracted from net income in determining Consolidated Operating Cash Flow for such period (including, without limitation, any non-cash item of revenue, gain or income, but excluding any amounts subtracted in respect of changes in current asset accounts and current liability accounts).
Consolidated Funds from Operations means, for any period, Consolidated Net Income excluding gain or loss from debt restructurings or sales of properties plus provision for impairment losses, plus Consolidated Depreciation and Amortization, and after adjustments for unconsolidated partnerships and joint ventures, determined on a consolidated basis for the Company and its Subsidiaries, as shown on the most recent consolidated statement of cash flows for the Company and its Subsidiaries which has been delivered to the Agent pursuant to Section 7.01(a).
Examples of Consolidated Funds from Operations in a sentence
The Company will not permit the ratio of (i) the sum of Consolidated Funds from Operations and Consolidated Interest Expense to (ii) Consolidated Interest Expense for the four quarter period ending on the last day of each fiscal quarter to be less than 2.25:1.00.
The Company will not permit the ratio of (i) the sum of Consolidated Funds from Operations and Consolidated Interest Expense to (ii) Consolidated Interest Expense, in each case for the four quarter period ending on the last day of each fiscal quarter, to be less than 2.25:1.00.
The Company will not permit the ratio of (i) the sum of Consolidated Funds from Operations and Consolidated Interest Expense to (ii) Consolidated Interest Expense for the four quarter period ending on the last day of each fiscal quarter to be less than 2.00:1.00.
The Company will not permit the ratio of (i) the sum of Consolidated Funds from Operations and Consolidated Interest Expense to (ii) Consolidated Interest Expense for the four quarter period ending on the last day of each fiscal quarter to be less than 2.50:1.00.
More Definitions of Consolidated Funds from Operations
Consolidated Funds from Operations means Consolidated Net Income plus (or minus, as the case may be) depreciation, amortization, deferred taxes, allowance for funds used during construction, capitalized interest and all other non-cash items included, in accordance with GAAP, in operating activities in Borrower's consolidated statement of cash flows (but excluding changes in working capital).
Consolidated Funds from Operations means net income (loss) (computed in accordance with GAAP), excluding gains (or losses) from debt restructuring and sales of property, plus depreciation and amortization (specifically including the amortization of deferred financial costs), and after adjustments for unconsolidated partnerships and joint ventures. Adjustments for unconsolidated partnerships and joint ventures will be calculated to reflect funds from operations on the same basis. Consolidated Funds from Operations does not represent cash generated from operating activities in accordance with GAAP and, therefore, should not be considered as a substitute for net income as a measure of results of operations or cash flow from operations calculated in accordance with GAAP as a measure of liquidity.
Consolidated Funds from Operations means net income (loss) (computed in accordance with GAAP), excluding gains (or losses) from debt restructuring and sales of property, plus depreciation and amortization (specifically including the amortization of deferred Appendix I - 6 financial costs), and after adjustments for unconsolidated partnerships and joint ventures. Adjustments for unconsolidated partnerships and joint ventures will be calculated to reflect funds from operations on the same basis. Consolidated Funds from Operations does not represent cash generated from operating activities in accordance with GAAP and, therefore, should not be considered as a substitute for net income as a measure of results of operations or cash flow from operations calculated in accordance with GAAP as a measure of liquidity.
Consolidated Funds from Operations means, for a given period, "Consolidated Funds From Operations" for such period as calculated in a manner consistent with the method used in the Borrower's annual report for 2000.
Consolidated Funds from Operations means net income (loss) (computed in accordance with GAAP), excluding gains (or losses) from debt restructuring and sales of property, plus depreciation and amortization (specifically including the amortization of deferred financial costs), and after adjustments for unconsolidated partnerships and joint ventures.
Consolidated Funds from Operations means, for a given period, ---------------------------------- "Consolidated Funds From Operations" for such period as calculated in a manner consistent with the method used in the Borrower's annual report for 2000.
Consolidated Funds from Operations means for any period, Consolidated Net Income for such period PLUS, to the extent deducted in determining the amount thereof, (i) amortization and depreciation PLUS (ii) other non-cash charges to income of the Borrower and its Restricted Subsidiaries, PROVIDED, HOWEVER, that Consolidated Funds from Operations shall not include the income from any Unrestricted Subsidiary except to the extent such income has actually been received by the Borrower or any Restricted Subsidiary in the form of cash.