Consolidated Income from Operations definition

Consolidated Income from Operations means, for any period, gross ----------------------------------- revenues of the Company and its Subsidiaries, determined in accordance with GAAP on a Consolidated basis, minus the sum of (a) the cost of operations of the ----- Company and its Subsidiaries for such period, determined in accordance with GAAP on a Consolidated basis, and (b) the selling, general and administrative expenses of the Company and its Subsidiaries for such period, determined in accordance with GAAP on a Consolidated basis.
Sample 1Sample 2
Consolidated Income from Operations means, for any period, for the Borrower and the Japanese Guarantors on a consolidated basis, the income from operations of the Term Loan Agreement for Equinix Japan K.K. dated September 30, 2016 Borrower and the Japanese Guarantors (excluding extraordinary gains and extraordinary losses) for that period.
Sample 1
Consolidated Income from Operations means the income or loss from operations, before (i) depreciation, amortization and one- time items related to impairment of goodwill in accordance with SFAS No. 121 "Accounting for the Impairment of Long-Lived Assets to Be Disposed Of", effective for Company through December 31, 2001, or if subsequent to December 31, 2001, SFAS No. 142 "Goodwill and Other Intangible Assets", effective for Company through January 1, 2002, (ii) other one-time gains and losses not related to operations and (iii) taxes, of Company and its consolidated Subsidiaries, with the exception of Mascot Systems Private Limited, determined on a consolidated basis in accordance with GAAP.
Sample 1

Examples of Consolidated Income from Operations in a sentence

  • The Borrower shall not permit the ratio of Consolidated Income from Operations to Consolidated Interest Expense of the Borrower and its Subsidiaries, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 2.50 to 1.00.

  • Our Consolidated Income from Operations and Profit after Tax (PAT) for the financial year ending March 31, 2011 is` 4,697.76 million and ` 922.48 million respectively.

  • The Loan Parties shall not permit the ratio of Consolidated Income from Operations to Consolidated Interest Expense of the Borrower and its Subsidiaries, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 2.50 to 1.00.

  • The ratio of (A) Consolidated Income from Operations to (B) Consolidated Interest Expense of the Borrower and its Subsidiaries calculated as of the end of each fiscal quarter for the four (4) fiscal quarters then ended as of the Report Date is to 1.00, which is not less than the minimum permitted ratio of 2.50 to 1.00 as of the Report Date.

  • This joint venture of the company has established a strong presence in the growing market of Central America, the biggest market for high tenacity nylon and polyester products in the world.The Consolidated Income from Operations and consolidated net Profit of M/s.

  • On the last day of each fiscal ---------------------- quarter of the Company, the Consolidated Income from Operations of the Company and its Subsidiaries for the period of four consecutive fiscal quarters then ended shall equal or exceed 225% of the Consolidated interest expense of the Company and its Subsidiaries for such period determined in accordance with GAAP.

  • Borrower shall not permit the ratio of Consolidated Income from Operations to Consolidated Interest Expense of the Borrower and its Subsidiaries, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 2.50 to 1.00.

  • The Company will not permit, on the last day of each fiscal quarter of the Company, the Consolidated Income from Operations of the Company and its Subsidiaries for the period of four consecutive fiscal quarters then ended to be less than 225% of the Consolidated interest expense of the Company and its Subsidiaries for such period determined in accordance with GAAP.

  • The board expressed urgency about conveying its commitment to diversity and inclusivity on the Napa Valley College campus.

  • Fail to maintain, as of the end of any fiscal quarter of the Borrower, positive Consolidated Income from Operations for such period.


More Definitions of Consolidated Income from Operations

Consolidated Income from Operations means, for any period, for the Borrower and the Japanese Guarantors on a consolidated basis, the income from operations of the Borrower and the Japanese Guarantors (excluding extraordinary gains and extraordinary losses) for that period.
Sample 1
Consolidated Income from Operations means the income from operations, before (i) depreciation, amortization and one-time items related to impairment of goodwill in accordance with SFAS No. 121 "Accounting for the Impairment of Long-Lived Assets to Be Disposed Of", effective for the Borrower through December 31, 2001, or if subsequent to December 31, 2001, SFAS No. 142 "Goodwill and Other Intangible Assets", effective for the Borrower January 1, 2002, (ii) other one-time gains and losses not related to operations and (iii) taxes, of Borrower and its consolidated Subsidiaries, with the exception of Mascot Systems Private Limited, determined on a consolidated basis in accordance with GAAP. "Designated Section 7.05(v) Disposition" shall have the meaning ascribed to it in Section 7.05(v). "Joint Venture Contribution" shall mean the contribution (excluding contributions and investments permitted by Section 7.03 or Section 7.05(other than those contributions which otherwise meet the terms of this definition and are included in Section 7.05(v)) by the Borrower or one of its Subsidiaries (the "Contributing Entity") of assets to an entity (the "Receiving Entity") in exchange for an equity interest in such entity provided (i) the nature of the equity investment and the contractual arrangements between the Contributing Entity and the Receiving Entity -2- <PAGE> shall be such that the Contributing Entity shall have no obligations with respect to the debts, obligations or liabilities of the Receiving Entity (e.g. general partnership, proprietorship, and similar interests would not qualify), and (ii) that for purposes of calculating the amount of a Joint Venture Contribution any commitment on the part of the Contributing Entity to make further contribution to the Receiving Entity shall be deemed to be a Joint Venture Contribution at the time such commitment arises rather than the time such commitment is fulfilled. "Second Amendment" shall mean the Second Amendment to Credit Agreement dated as of September 30, 2001 among the Borrower, the Agent and the Lenders. 2. Section 2.23. Section 2.23 of the Credit Agreement is hereby deleted. ------------ 3.
Sample 1
Consolidated Income from Operations means, as of any date of determination for any fiscal quarter, an amount equal to (a) the sum of net income of the Borrower and its Subsidiaries on a consolidated basis (excluding (i) extraordinary gains and losses, (ii) gains and losses from Dispositions not in the ordinary course of business, (iii) gains and losses from the early extinguishment of Indebtedness, (iv) all non-cash income other than accrued income from finance receivables, (v) tax credits and rebates, (vi) income received from joint venture investments to the extent not received in cash by the Borrower or any Subsidiary and (vii) interest income) plus the following (without duplication) to the extent deducted in calculating such net income: (b) all non-cash expense, (c) collections applied to principal on finance receivables, (c) allowances and impairment charges to finance receivable, (d) Consolidated Interest Charges and (e) the provision for federal, state, local and foreign income taxes payable by the Borrower and its Subsidiaries, all as determined in accordance with GAAP.
Sample 1
Consolidated Income from Operations for any period of determination shall mean (i) the sum of net income (provided that there shall be excluded from net income: (a) any extraordinary items of gain or loss (including, without limitation, those items created by mandated changes in accounting treatment), and (b) any gain or loss of any Person accounted for on the equity method except to the extent of cash distributions received by NJRC or any Subsidiary of NJRC during the period of determination with respect to any gain of any Person accounted for on the equity method), depreciation, amortization, other non-cash charges to net income, interest expense and income tax expense minus (ii) non-cash credits to net income, in each case of NJRC and its Subsidiaries for such period determined and consolidated in accordance with GAAP.
Sample 1
Consolidated Income from Operations means the income from operations, before (i) depreciation, amortization and one-time items related to impairment of goodwill in accordance with SFAS No. 121 "Accounting for the Impairment of Long-Lived Assets to Be Disposed Of", effective for the Borrower through December 31, 2001, or if subsequent to December 31, 2001, SFAS No. 142 "Goodwill and Other Intangible Assets", effective for the Borrower January 1, 2002, (ii) other one-time gains and losses not related to operations and (iii) taxes, of Borrower and its consolidated Subsidiaries, with the exception of Mascot Systems Private Limited, determined on a consolidated basis in accordance with GAAP. "Designated Section 7.05(v) Disposition" shall have the meaning ascribed to it in Section 7.05(v).
Sample 1
Consolidated Income from Operations means, for any period, gross revenues of the Company and its Subsidiaries, determined in accordance with GAAP on a Consolidated basis, minus the sum of (a) the cost of operations ----- of the Company and its Subsidiaries for such period, determined in accordance with GAAP on a Consolidated basis, and (b) the selling, general and administrative expenses of the Company and its Subsidiaries for such period, determined in accordance with GAAP on a Consolidated basis.
Sample 1

Related to Consolidated Income from Operations

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.

  • Cash Flow from Operations means net cash funds provided from operations, exclusive of Cash from Sales or Refinancing, of the Company or investment of any Company funds, without deduction for depreciation, but after deducting cash funds used to pay or establish a reserve for expenses, debt payments, capital improvements, and replacements and for such other items as the Board of Directors reasonably determines to be necessary or appropriate and subject to Loan Conditions.

  • Cash from Operations means the net cash realized by the Company from any source other than a Capital Transaction, after payment of all cash expenditures of the Company, including, but not limited to, all operating expenses including all fees payable to the Manager or Affiliates, all payments of principal and interest on indebtedness, expenses for repairs and maintenance, capital improvements and replacements, and such reserves and retentions as the Manager reasonably determines to be necessary and desirable in connection with Company operations with its then existing assets and any anticipated acquisitions.

  • Consolidated Net Income (Loss) of any Person means, for any period, the Consolidated net income (or loss) of such Person and its Subsidiaries for such period on a Consolidated basis as determined in accordance with GAAP, adjusted, to the extent included in calculating such net income (or loss), by excluding, without duplication, (i) all extraordinary gains or losses (exclusive of all fees and expenses relating thereto), (ii) the portion of net income (or loss) of such Person and its Subsidiaries on a Consolidated basis allocable to minority interests in unconsolidated Persons to the extent that cash dividends or distributions have not actually been received by such Person or one of its Subsidiaries, (iii) net income (or loss) of any Person combined with such Person or any of its Subsidiaries on a “pooling of interests” basis attributable to any period prior to the date of combination, (iv) any gain or loss, net of taxes, realized upon the termination of any employee pension benefit plan, (v) net gains (or losses) (except for all fees and expenses relating thereto) in respect of dispositions of assets other than in the ordinary course of business, (vi) the net income of any Subsidiary to the extent that the declaration of dividends or similar distributions by that Subsidiary of that income is not at the time permitted, directly or indirectly, by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary or its stockholders, (vii) any gain arising from the acquisition of any securities, or the extinguishment, under GAAP, of any Indebtedness of such Person, (viii) transaction costs charged in connection with the Refinancing, or (ix) amortization of intangible assets of such Person and its Subsidiaries on a consolidated basis under GAAP.

  • Adjusted Funds From Operations means, for any period, Net Cash Flows From Operating Activities for such period plus Interest Expense for such period minus (x) the portion (but not less than zero) of Net Cash Flows From Operating Activities for such period attributable to any consolidated Subsidiary that has no Debt other than Nonrecourse Indebtedness and (y) After-Tax Transitional Funding Instrument Revenue for such period.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated Operating Income means, for any period, the operating income or loss of the Borrower and the Subsidiaries for such period determined on a consolidated basis in accordance with GAAP.

  • Funds From Operations for any period means the consolidated net income attributable to the Issuers and the Restricted Subsidiaries for such period determined in conformity with GAAP after adjustments for unconsolidated partnerships and joint ventures, plus depreciation and amortization of real property (including furniture and equipment) and other real estate assets and excluding (to the extent such amount was deducted in calculating such consolidated net income):

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

  • Consolidated Income Tax Expense means, with respect to any Person for any period, the provision for federal, state, local and foreign income taxes of such Person and its Restricted Subsidiaries for such period as determined on a consolidated basis in accordance with GAAP.

  • Earnings from Operations for any period means net earnings excluding gains and losses on sales of investments, extraordinary items and property valuation losses, as reflected in the financial statements of the Company and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Net Assets means the aggregate amount of assets (less reserves and other deductible items) after deducting current liabilities, as shown on the consolidated balance sheet of the Company and its Subsidiaries contained in the latest annual report to the stockholders of the Company and prepared in accordance with GAAP.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • Consolidated Cash Flow means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Consolidated Net Interest Expense means, with respect to any Person for any period, (a) gross interest expense of such Person and its Subsidiaries for such period determined on a consolidated basis and in accordance with GAAP (including, without limitation, interest expense paid to Affiliates of such Person), less (b) the sum of (i) interest income for such period and (ii) gains for such period on Hedging Agreements (to the extent not included in interest income above and to the extent not deducted in the calculation of gross interest expense), plus (c) the sum of (i) losses for such period on Hedging Agreements (to the extent not included in gross interest expense) and (ii) the upfront costs or fees for such period associated with Hedging Agreements (to the extent not included in gross interest expense), in each case, determined on a consolidated basis and in accordance with GAAP.

  • Consolidated Operating Cash Flow means, with respect to the Company and its Subsidiaries on a consolidated basis, for any period, an amount equal to Consolidated Net Income for such period increased (without duplication) by the sum of:

  • Consolidated Income Taxes means, with respect to any Person for any period, taxes imposed upon such Person or other payments required to be made by such Person by any governmental authority which taxes or other payments are calculated by reference to the income or profits of such Person or such Person and its Restricted Subsidiaries (to the extent such income or profits were included in computing Consolidated Net Income for such period), regardless of whether such taxes or payments are required to be remitted to any governmental authority.

  • net non-operating income means the difference between: (A) revenues from all sources other than those related to operations; and (B) expenses, including taxes and payments in lieu of taxes, incurred in the generation of revenues in (A) above.

  • Consolidated Net Loss for any fiscal period, means the amount which, in conformity with GAAP, would be set forth opposite the caption "net income" (or any like caption), as the case may be, on a consolidated statement of earnings of the Borrower and its Subsidiaries, if any, for such fiscal period.

  • Consolidated Total Asset Value means, without duplication, as of any date of determination, for the Consolidated Parties on a consolidated basis, the sum of: (a) the Operating Property Value of all Real Properties (other than Development/Redevelopment Properties); (b) the amount of all Unrestricted Cash; (c) the book value of all Development/Redevelopment Properties, mortgage or real estate-related loan assets and undeveloped or speculative land; (d) the contract purchase price for all assets under contract for purchase (to the extent included in Indebtedness); and (e) the Borrower’s applicable Unconsolidated Affiliate Interests of the preceding items for its Unconsolidated Affiliates.

  • Consolidated Income Available for Fixed Charges means, with respect to any period, Consolidated Net Income for such period plus all amounts deducted in the computation thereof on account of (a) Fixed Charges and (b) taxes imposed on or measured by income or excess profits.

  • Adjusted Net Operating Income means, with respect to a Property for any given period, Net Operating Income of such Property for such period minus Capital Reserves for such period.

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • Consolidated Total Assets means, at any time, the total assets of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis, as set forth or reflected on the most recent consolidated balance sheet of the Borrower and its Consolidated Subsidiaries, prepared in accordance with GAAP.

  • Consolidated Income Available for Debt Service for any period means Earnings from Operations of the Company and its Subsidiaries plus amounts which have been deducted, and minus amounts which have been added, for the following (without duplication): (i) interest on Debt of the Company and its Subsidiaries, (ii) provision for taxes of the Company and its Subsidiaries based on income, (iii) amortization of debt discount and deferred financing costs, (iv) provisions for gains and losses on properties and property depreciation and amortization, (v) the effect of any noncash charge resulting from a change in accounting principles in determining Earnings from Operations for such period and (vi) amortization of deferred charges.

  • Adjusted Income means, with respect to a HOME Development, the gross income from wages, income from assets, regular cash or noncash contributions, and any other resources and benefits determined to be income by HUD, adjusted for family size, minus the deductions allowable under 24 CFR §5.611.