Consolidated Pro Forma EBITDA definition

Consolidated Pro Forma EBITDA means the Pro Forma EBITDA of the Company and its Restricted Subsidiaries, determined on a consolidated basis.

Consolidated Pro Forma EBITDA means the sum of (a) Consolidated EBITDA, plus (b)(i) without duplication, the EBITDA of Companies acquired by Borrower and its Subsidiaries during the most recently completed four (4) fiscal quarters to the extent that such EBITDA of Companies acquired is confirmed by audited financial or other information satisfactory to Agents, minus (ii) EBITDA of Companies disposed of by Borrower and its Subsidiaries during the most recently completed four (4)

Consolidated Pro Forma EBITDA means, for any Person, for any period, without duplication, Consolidated EBITDA of such Person, (i) plus the Consolidated EBITDA for such period of any Subsidiary of Person acquired during such period, as if acquired on the first day of such period and (ii) minus the Consolidated EBITDA for such period of any Subsidiary of such Person disposed of during such period, as if disposed of on the first day of such period, determined in a manner reasonably satisfactory to Administrative Agent.

Examples of Consolidated Pro Forma EBITDA in a sentence

• The leverage ratio is defined in the credit facility as the ratio of Consolidated Funded Indebtedness (as defined in the credit facility) on the last day of any trailing four quarter period to Consolidated Pro Forma EBITDA (as defined in the credit facility) for such period.

• The debt service coverage ratio is defined in the credit facility as the ratio of Consolidated Pro Forma EBITDA less the sum of capital distributions paid in cash (other than those made with respect to the preferred stock issued under the Operating Agreement), Consolidated Unfunded Capital Expenditures (as defined in the credit facility), and net cash income taxes to the sum of cash interest expense, any dividends on the preferred stock paid in cash, and scheduled principal payments on funded indebtedness.

• A certificate from an Authorised Signatory (as defined in the Trust Deed) of the Issuer as to the Consolidated Pro Forma EBITDA (or any component thereof) for any Relevant Period shall, in the absence of manifest error, be conclusive and binding on the Bondholders.

• L'attestato di un Authorised Signatory (come definito nel Trust Deed) dell'Emittente ai fini del Consolidated Pro Forma EBITDA (o qualunque sua parte) con riferimento al dato Relevant Period costituirà, salvo manifesto errore, certificazione conclusiva e vincolante per gli Obbligazionisti.

• The Revolver:• Requires that the ratio of Consolidated Pro Forma EBITDA to Consolidated Interest Expense (as defined, “Interest Coverage Ratio”) be at least 3.0 to1.0 at all times.• Requires that the ratio of Consolidated Funded Indebtedness to Consolidated Pro Forma EBITDA (as defined, “Total Leverage Ratio”) be no higher than 4.00 to 1.00 from January 31, 2007 through October 31, 2009, and 3.75 to 1.00 thereafter.

More Definitions of Consolidated Pro Forma EBITDA

Consolidated Pro Forma EBITDA means, for purposes of calculating the Consolidated Leverage Ratio in respect of any four Fiscal-Quarter period, Consolidated Adjusted EBITDA for such period calculated on a pro forma basis after giving effect to any acquisitions of new Subsidiaries by Company or any of its Subsidiaries during such period as if such acquisitions had been consummated on the first day of such period.

Consolidated Pro Forma EBITDA is defined in the Compliance Certificate.

Consolidated Pro Forma EBITDA has the meaning given to it in Clause 21.3 (Financial Definitions);

Consolidated Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Company and its Subsidiaries for such period adjusted to include the results of operations of any Person, business or assets acquired by the Company or a Subsidiary, and exclude the results of operations of any Person, business or assets disposed of, during such period for the portion of such period which preceded such acquisition or disposition, as the case may be, the method of making any such adjustment to be reasonably satisfactory to the Majority Holders.

Consolidated Pro Forma EBITDA. Consolidated EBITDA of any Person and any of its Subsidiaries acquired in a Permitted Acquisition calculated in a manner satisfactory to the Agent (and agreed to in writing by the Agent), adjusted by verifiable expense reductions, if any, which are reasonably expected to be realized, in each case calculated by the Borrowers’ Agent and approved by the Agent in its reasonable discretion based on Agent’s customary underwriting policy.

Consolidated Pro Forma EBITDA means for any Relevant Period the Consolidated EBITDA, adjusted to:

Consolidated Pro Forma EBITDA means, as of any date of determination, the aggregate amount of Consolidated EBITDA for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available (determined, for each fiscal quarter (or portion thereof) of the four fiscal quarters ending prior to the Issue Date, on a pro forma basis to give effect to the Caraustar Acquisition as if it had occurred at the beginning of such four-quarter period); provided that: