Consolidated Operations EBITDA definition

Consolidated Operations EBITDA means, for any period, the sum of the amounts for such period of (a) Consolidated Net Income, plus (b) Consolidated Interest Expense, plus (c) total depreciation expense, plus (d) total amortization expense, plus (e) provisions for taxes based on income, plus (f) other non-cash items reducing Consolidated Net Income arising in the ordinary course of business less other non-cash items increasing Consolidated Net Income arising in the ordinary course of business minus (g) the sum of (1) Borrower's and its Subsidiaries' earnings or losses from unconsolidated partnerships and unconsolidated subsidiaries plus (2) income from Borrower's and its Subsidiaries' minority interests in other entities plus (3) interest income from intercompany notes, all of the foregoing, except as otherwise noted, as determined on a consolidated basis for Borrower and its Subsidiaries in conformity with GAAP.
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Consolidated Operations EBITDA means, for any period, the sum of the amounts for such period of (a) Consolidated Net Income, plus (b) Consolidated Interest Expense, plus (c) total depreciation expense, plus (d) total amortization expense, plus (e) provisions for taxes based on income, plus (f) other non-cash items or non-cash charges reducing Consolidated Net Income arising in the ordinary course of business (including impairment charges against
Sample 1
Consolidated Operations EBITDA means, for any period, the sum of the amounts for such period of (a) Consolidated Net Income, PLUS (b) Consolidated Interest Expense, PLUS (c) total depreciation expense, PLUS (d) total amortization expense, PLUS (e) provisions for taxes based on income, PLUS (f) other non-cash items or non-cash charges reducing Consolidated Net Income arising in the ordinary course of business (including impairment charges against goodwill) LESS other non-cash items increasing Consolidated Net Income arising in the ordinary course of business MINUS (g) to the extent included in Consolidated Net Income, the sum of (1) Borrowers' and their Subsidiaries' earnings or losses from unconsolidated partnerships and unconsolidated subsidiaries PLUS (2) income from Borrowers' and their Subsidiaries' minority interests in other entities PLUS (3) interest income from intercompany notes, all of the foregoing, except as otherwise noted, as determined on a consolidated basis for Borrowers and their Subsidiaries in conformity with GAAP. "CONSTRUCTION/RENOVATION" means any New Construction or any substantial rehabilitation, renovation and/or expansion by Borrowers or any of their Subsidiaries or unconsolidated subsidiaries of any multi-family Property which, in the case of rehabilitation, renovation or expansion, involves the repositioning or upgrading of such multi-family Property with respect to comparable multi-family properties located in the proximate geographic area. Properties under Construction/Renovation as of the Amendment Effective Date are listed on SCHEDULE 1.01A attached hereto. "CONTINGENT ACQUISITION NOTE" means, collectively, those four Promissory Notes, in respect of each Real Estate Company, in the aggregate maximum principal amount of $655,000,000 from AIMCO, as maker, in favor of XYZ Holdings LLC, as holder, pursuant to the Tri-Party Agreement secured by a pledge of the membership interests in each of the Real Estate Companies owned by a Subsidiary of the REIT, which secured promissory notes represent (i) the $619,000,000 purchase price for the Real Estate Companies, less the aggregate amount of construction loans to be refinanced, and (ii) a $36,000,000 earnout payment for the Real Estate Companies. "Contingent Acquisition Note" shall not include any renewal, extension or refinancing of such Indebtedness.
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More Definitions of Consolidated Operations EBITDA

Consolidated Operations EBITDA means, for any period, the sum of the amounts for such period of (a) Consolidated Net Income, plus (b) Consolidated Interest Expense, plus (c) total depreciation expense, plus (d) total amortization expense, plus (e) provisions for taxes based on income, plus (f) other non-cash items or non-cash charges reducing Consolidated Net Income arising in the ordinary course of business (including impairment charges against goodwill) less other non-cash items increasing Consolidated Net Income arising in the ordinary course of business minus (g) to the extent included in Consolidated Net Income, the sum of (1) Borrowers' and their Subsidiaries' earnings or losses from unconsolidated partnerships and unconsolidated subsidiaries plus (2) income from Borrowers' and their Subsidiaries' minority interests in other entities plus (3) interest income from intercompany notes, all of the foregoing, except as otherwise noted, as determined on a consolidated basis for Borrowers and their Subsidiaries in conformity with GAAP.
Sample 1
Consolidated Operations EBITDA means, for any period, the sum of the amounts for such period of (a) Consolidated Net Income, plus (b) Consolidated Interest Expense, plus (c) total depreciation expense, plus (d) total amortization expense, plus (e) provisions for taxes based on income, plus (f) other non-cash items or non-cash charges reducing Consolidated Net Income arising in the ordinary course of business less other non-cash items increasing Consolidated Net Income arising in the ordinary course of business minus (g) the sum of (1) Borrowers and their Subsidiaries' earnings or losses from unconsolidated partnerships and unconsolidated subsidiaries plus (2) income from Borrowers and their Subsidiaries' minority interests in other entities plus (3) interest income from intercompany notes, all of the foregoing, except as otherwise noted, as determined on a consolidated basis for Borrowers and their Subsidiaries in conformity with GAAP. "Construction/Renovation" means any New Construction or any substantial rehabilitation, renovation and/or expansion by Borrowers or any of their Subsidiaries or unconsolidated subsidiaries of any multi-family Property which, in the case of rehabilitation, renovation or expansion, involves the repositioning or upgrading of such multi-family Property with respect to comparable multi-family properties located in the proximate geographic area. Properties under Construction/Renovation as of the Closing Date are listed on Schedule 1.01A attached hereto. "Continuation" and "Continue" mean, with respect to any Offshore Rate Loan, the continuation of such Offshore Rate Loan as an Offshore Rate Loan on the last day of the Interest Period for such Loan.
Sample 1

Related to Consolidated Operations EBITDA

  • 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.

  • 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 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:

  • Adjusted Operating Income for each year in the Performance Period is defined as the Company’s net income from continuing operations as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis), adjusted as set forth in the immediately following sentence. In calculating Adjusted Operating Income, net income from continuing operations shall be adjusted as follows: first (A) remove the after-tax effects of the following items: (i) losses (net of reinsurance) from catastrophes (as designated by the Insurance Service Office’s Property Claims Service Group, the Lloyd’s Claim Office, Swiss Reinsurance Company’s sigma report, or a comparable report or organization generally recognized by the insurance industry, and reported by the Company as a catastrophe); asbestos and environmental reserve charges (or releases); net realized investment gains or losses in the fixed maturities and real estate portfolios; and (ii) extraordinary items, the cumulative effect of accounting changes and federal income tax rate changes, and restructuring charges, each as defined by generally accepted accounting principles in the United States, and each as reported in the Company’s financial statements (including accompanying footnotes and management’s discussion and analysis); (B) reduced, as to the first year in the Performance Period (20XX), by $XXXXXX, as to the second year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium, and as to the third year in the Performance Period (20XX), by $XXXXXX times the ratio of: the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium divided by the Company’s 20XX consolidated personal lines homeowners net written premium plus commercial lines property net written premium plus 50% of commercial lines multi peril net written premium; and (C) reduced by an amount intended, as of the date of this award, to approximate historical levels of credit losses (on an after-tax basis) associated with the Company’s fixed income investments, determined by (i) multiplying a fixed factor, expressed as 2.25 basis points, by the amortized cost of the Company’s fixed maturity investment portfolio at the beginning of each quarter during the relevant year in the Performance Period and (ii) adding the after-tax sum of the amounts resulting from (i) for such year in the Performance Period.

  • Adjusted Operating Cash Flow means the net cash provided by operating activities of the Company as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K, adjusted to eliminate the effect on operating cash flows of net customer financing cash flows, as reported in the Company’s consolidated statements of cash flows included in its Annual Report on Form 10-K.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment or similar items”, or that should otherwise be capitalized, as reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Annualized Operating Cash Flow means, for any fiscal quarter, the Operating Cash Flow for such fiscal quarter multiplied by four.

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated Total Liabilities means, as of any date of determination, the total liabilities of the Borrower and its Subsidiaries on a consolidated basis, as determined in accordance with GAAP.

  • Consolidated Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person 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 Total Net Debt means, as of any date of determination, the aggregate principal amount of Indebtedness of the Borrower and its Restricted Subsidiaries outstanding on such date, in an amount that would be reflected on a balance sheet prepared as of such date on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting in connection with the Transactions or any Permitted Acquisition), consisting of Indebtedness for borrowed money, purchase money indebtedness, Attributable Indebtedness, and debt obligations evidenced by promissory notes, bonds, debentures, loan agreements or similar instruments, minus the aggregate amount of all unrestricted cash and Cash Equivalents on the balance sheet of the Borrower and its Restricted Subsidiaries as of such date; provided that Consolidated Total Net Debt shall not include Indebtedness (i) in respect of letters of credit (including Letters of Credit), except to the extent of unreimbursed amounts thereunder; provided that any unreimbursed amount under commercial letters of credit shall not be counted as Consolidated Total Net Debt until three Business Days after such amount is drawn, (ii) for the avoidance of doubt, Non-Financing Lease Obligations and (iii) of Unrestricted Subsidiaries; it being understood, for the avoidance of doubt, that obligations under Swap Contracts do not constitute Consolidated Total Net Debt.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test 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 Capital means, as of any date of determination, the sum of (i) Consolidated Indebtedness and (ii) Consolidated Net Worth at such time.

  • Consolidated Revenue means for any period the total revenues of the Company and its Subsidiaries, determined in accordance with GAAP.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • 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.

  • Consolidated Total Net Indebtedness means, on any date, the excess of (i) Consolidated Total Indebtedness over (ii) the lesser of (x) $500,000,000 and (y) the aggregate amount of unrestricted cash and cash equivalents of the Company and its Consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP as of such date.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Cash Balance means, at any time, the aggregate amount of cash and cash equivalents, marketable securities, treasury bonds and bills, certificates of deposit, investments in money market funds and commercial paper, in each case held by the Parent and its Consolidated Subsidiaries.

  • Consolidated Total Debt at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated Revenues means, for any period, the consolidated net revenue of the Company and the Restricted Entities for such period determined in accordance with GAAP.

  • Consolidated Net Debt means, as of any date of determination, (a) Consolidated Total Debt minus (b) the aggregate amount of cash and Cash Equivalents of the Borrower and the Restricted Subsidiaries as of such date that is not Restricted.