Consolidated Leverage Ratio Indebtedness definition

Consolidated Leverage Ratio Indebtedness means, with respect to any specified Person, the aggregate principal amount of Indebtedness for borrowed money.
Consolidated Leverage Ratio Indebtedness means, with respect to any specified Person, the aggregate principal amount of Indebtedness for borrowed money and Finance Lease Obligations.
Consolidated Leverage Ratio Indebtedness means Indebtedness incurred by the Company or any of its Subsidiaries after the date hereof in a principal amount such that the Consolidated Leverage Ratio does not exceed 4 to 1 at the time of the incurrence of such Indebtedness.

Examples of Consolidated Leverage Ratio Indebtedness in a sentence

  • For purposes of this section, an Officers’ Certificate delivered within the time period provided in Form 8-K for disclosure of material information will be deemed to be provided “contemporaneously with” the incurrence of the applicable Consolidated Leverage Ratio Indebtedness.


More Definitions of Consolidated Leverage Ratio Indebtedness

Consolidated Leverage Ratio Indebtedness of any Person as of any date means the aggregate amount of Indebtedness for money borrowed and Finance Lease Obligations of such Person and its Restricted Subsidiaries, determined on a consolidated basis.
Consolidated Leverage Ratio Indebtedness means with respect to any specified Person the aggregate principal amount of Indebtedness of the type specified in clauses (1), (2), (3), (5) and (6) of the definition thereof on the date of determination.
Consolidated Leverage Ratio Indebtedness means, with respect to any specified Person, the sum of (1) the aggregate principal amount of Indebtedness for borrowed money and Finance Lease Obligations of such Person and its Restricted Subsidiaries, determined on a consolidated basis (including, for the avoidance of doubt, (i) any obligation of such specified Person or any of its Restricted Subsidiaries to be liable for, or to pay, as obligor, guarantor or otherwise, Indebtedness for borrowed money and Finance Lease Obligations of Persons that are not the specified Persons or its Restricted Subsidiaries and (ii) Indebtedness for borrowed money and Finance Lease Obligations of Persons that are not the specified Person or its Restricted Subsidiaries secured by a Lien on any asset owned by the specified Person or any of its Restricted Subsidiaries (whether or not such Indebtedness is assumed by such specified Person or any of its Restricted Subsidiaries)), and (2) liquidation preference in respect of Disqualified Stock issued by such Person and its Restricted Subsidiaries and Preferred Stock issued by such Person’s Restricted Subsidiaries (other than a Guarantor).
Consolidated Leverage Ratio Indebtedness means, with respect to any specified Person, the sum of (i) the aggregate principal amount of Indebtedness for borrowed money and Finance Lease Obligations of such Person and its Restricted Subsidiaries, determined on a consolidated basis, (ii) liquidation preference in respect of Disqualified Stock issued by such Person and its Restricted Subsidiaries and Preferred Stock issued by such Person’s Restricted Subsidiaries (other than a Guarantor), (iii) the aggregate amount of Restricted Payments made since the Issue Date pursuant to Section 4.07(b)
Consolidated Leverage Ratio Indebtedness means, with respect to any specified Person, the sum of (i) the aggregate principal amount of Indebtedness for borrowed money and Finance Lease Obligations of such Person and its Restricted Subsidiaries, determined on a consolidated basis, (ii) liquidation preference in respect of Disqualified Stock issued by such Person and its Restricted Subsidiaries and Preferred Stock issued by such Person’s Restricted Subsidiaries (other than a Guarantor), (iii) the aggregate amount of Restricted Payments made since the Issue Date pursuant to Section 4.07(b)(11) and (iv) (x) the aggregate principal amount of Indebtedness for borrowed money and Finance Lease Obligations of each Person (the “Referent Person”) that is not a Restricted Subsidiary and of which such specified Person owns Capital Stock as a result of a Restricted Investment made in reliance on Section 4.07(a) or a Permitted Investment in reliance on clause (17) of the definition of “Permitted Investment” multiplied by (y) the percentage of all outstanding Capital Stock of such Referent Person owned by such specified Person.

Related to Consolidated Leverage Ratio Indebtedness

  • Consolidated Leverage Ratio means, as of any fiscal quarter-end for which it is to be determined, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters ending on such date, in each case calculated on a Pro Forma Basis in accordance with Section 1.03(c).

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Total Leverage Ratio means, on any date, the ratio of (a) Consolidated Total Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.