Consolidated Group definition

Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

Consolidated Group has the meaning assigned to such term in Section 5.13(a).

Consolidated Group means the Borrower and its Subsidiaries.

Examples of Consolidated Group in a sentence

• Permit the Total Secured Indebtedness of the Consolidated Group to exceed forty percent (40%) of Total Asset Value as of the last day of any fiscal quarter.

• NAV (after giving effect to Restricted Payments of Parent or any other member of the Consolidated Group, other than to other members of the Consolidated Group) determined as of any date declines by fifty percent (50%) or more as compared to its NAV determined as of any date in the preceding twelve (12) month period.

• No member of the Consolidated Group: (a) has any knowledge of the occurrence of a Material Environmental Event with respect to such Person’s Properties; and (b) to its knowledge, has threatened or actual liability in connection with the Release or threatened Release of any Hazardous Material into the Environment which, except as specifically disclosed in Schedule 8.09, could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

• Permit the ratio of (i) Adjusted EBITDA of the Consolidated Group to (ii) Fixed Charges, as of the last day of any fiscal quarter of Parent, to be less than 1.50 to 1.00.

• No such assignment shall be made (A) to Borrower or any member of the Consolidated Group, (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), or (C) to a natural Person (or a holding company, investment vehicle or trust for, or owned and operated for the primary benefit of a natural Person).

More Definitions of Consolidated Group

Consolidated Group means, collectively, the Loan Parties and their Consolidated Subsidiaries.

Consolidated Group means an “affiliated group” as that term is defined pursuant to Section 1504(a)(1) and (a)(2) of the Code (or any similar provision of state, local or non-U.S. Tax Law) of corporations or entities that file Tax Returns on a consolidated, unified, combined or group basis.

Consolidated Group means any affiliated, combined, consolidated, unitary or similar group with respect to any Taxes, including any affiliated group within the meaning of Section 1504 of the Code electing to file consolidated federal income Tax Returns and any similar group under foreign, state or local law.

Consolidated Group means the Parent and its Subsidiaries.

Consolidated Group means the Loan Parties and their consolidated Subsidiaries, as determined in accordance with GAAP.

Consolidated Group means a group of one or more Affiliated Companies that files a Consolidated Return.

Consolidated Group means, collectively, the Parent, the Company, and their respective Subsidiaries and Consolidated Affiliates. Each Person that is the Parent, the Company or a Subsidiary or Consolidated Affiliate thereof included in the Consolidated Group at any time is referred to herein as a “Member of the Consolidated Group.”