Consolidated Leverage definition

Consolidated Leverage means the sum of the aggregate outstanding Indebtedness of the Company and its Restricted Subsidiaries (excluding Hedging Obligations except to the extent provided in Section 4.05(g)(3)).
Consolidated Leverage means the sum of the aggregate outstanding Financial Indebtedness of the Company and its Restricted Subsidiaries as of the relevant date of calculation on a consolidated basis in accordance with IFRS.
Consolidated Leverage means, as of any date of determination, the sum of the total amount of Financial Indebtedness, less the amount of Cash and Cash Equiva- lents of Holdco and the Restricted Subsidiaries on a consolidated basis.

Examples of Consolidated Leverage in a sentence

  • Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Company to exceed the ratio set forth below opposite the period in which such day falls4.75:1.00.

  • The Consolidated Leverage Ratio as of the last day of each fiscal quarter of the Borrower, commencing with the fiscal quarter ending March 31, 2024, to be greater than 3.25:1.00 for the four fiscal quarter period ending on such date.

  • Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of the Company to be greater than 3.50 to 1.00.


More Definitions of Consolidated Leverage

Consolidated Leverage means, as of any date of determination, the total amount of indebtedness in respect of borrowed money of the Parent and its Restricted Subsidiaries on a consolidated basis (excluding Hedging Obligations and Qualified Securitization Financings).
Consolidated Leverage means, as of any date of determination, the sum of the total amount of Indebtedness (excluding Indebtedness that is contractually subordinated in right of payment to the notes or the note Guarantees) and Disqualified Stock of the Issuer and its Restricted Subsidiaries on a consolidated basis.
Consolidated Leverage means the sum of the aggregate outstanding Indebtedness of the Parent Guarantor and its Restricted Subsidiaries (excluding Hedging Obligations) as of the relevant date of calculation on a consolidated basis in accordance with GAAP, except that with respect to the Incurrence of any Indebtedness pursuant to Section 4.06 (b)(xii) of Schedule 6 prior to the Merger, Consolidated Leverage shall be calculated on a net basis, net of cash on a consolidated basis in accordance with GAAP, as of the relevant date of such Incurrence.
Consolidated Leverage means the sum of the aggregate outstanding Indebtedness of the Company and its Restricted Subsidiaries (excluding Hedging Obligations except to the extent provided in Section 10.1(g)(iii)) minus cash and Cash Equivalents of the Company and its Restricted Subsidiaries.
Consolidated Leverage. Ratio shall mean the ratio of Consolidated Total Indebtedness to Adjusted Consolidated EBITDA.
Consolidated Leverage means, as of any date of determination, the sum of the total amount of Debt of the Company and its Restricted Subsidiaries, less cash and Cash Equivalents, in each case that would be stated on the balance sheet of the Company and its Restricted Subsidiaries on a consolidated basis on such date.
Consolidated Leverage means the sum of the aggregate outstanding Indebtedness of the Company and the Restricted Subsidiaries on a consolidated basis excluding Hedging Obligations except to the extent provided in Section 4.06(h)(3).