Consolidated Operating Profits definition

Consolidated Operating Profits means, for any period, the Operating Profits of the Borrower and its Consolidated Subsidiaries.

Consolidated Operating Profits means the amount set forth as “Consolidated Operating Profits” on the internal, unaudited financial reports of the Company, as determined by the Company in good faith, in a manner consistent with the Company’s past business practice.

Consolidated Operating Profits means, for any period, the Operating Profits of the Company and its Consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP.

Examples of Consolidated Operating Profits in a sentence

• Consolidated Operating Profits of Company and its Subsidiaries: C.

• The Borrower and its Material Subsidiaries do (and shall at all times after the Closing Date) collectively account for at least (i) 90.0% of Consolidated Operating Profits and (ii) 90.0% of Consolidated Total Assets.

• Notwithstanding the foregoing, in no event shall any disposition of assets permitted in this Section 5.05 be permitted in the event that after such disposition (A) Consolidated Total Assets shall be less than $21,401,100 (which amount equals 90% of Consolidated Total Assets for the Fiscal Year ending December 31, 1994), or (B) assets not so disposed of shall have contributed less than $2,665,800 (which amount equals 90% of Consolidated Operating Profits for the Fiscal Year ending December 31, 1994).

More Definitions of Consolidated Operating Profits

Consolidated Operating Profits means, for any period, the Operating Profits of the Borrower and its consolidated Subsidiaries.

Consolidated Operating Profits means, for any period, the Operating Profits of the Indirect Parent and its Consolidated Subsidiaries during such period.

Consolidated Operating Profits means, for any period, the operating income of Franklin Electric and its Consolidated Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

Consolidated Operating Profits means, for any period, the Operating Profits of Borrower and its Consolidated Subsidiaries. “Consolidated Subsidiary” means at any date any Subsidiary or other entity the accounts of which, in accordance with GAAP, would be consolidated with those of Borrower in its consolidated and consolidating financial statements as of such date. “Consolidated Tangible Net Worth ’’ means Net Worth less all Intangible Assets.

Consolidated Operating Profits for any period, the Operating ------------------------------ Profits of the Company and its Consolidated Subsidiaries.

Consolidated Operating Profits means, in respect of any period, the total operating profit or loss for continuing operations of the Group (excluding any operating profits or losses of any Project Finance Subsidiary, Notional JV Company or Joint Venture but including any cash dividends received by the Group from such entities) all as calculated and interpreted in accordance with Applicable Accounting Principles and before:

Consolidated Operating Profits means the amount set forth as “Consolidated Operating Profits” on the internal, unaudited financial reports of the Company, as determined by the Company in good faith, in a manner consistent with the Company’s past business practice, and provided to the Administrative Agent pursuant to Section 6.03(e) .