Examples of Consolidated Senior Funded Indebtedness in a sentence

Consolidated Senior Funded Indebtedness: At any time, the sum of (a) Consolidated Funded Indebtedness, less permitted subordinated debt as determined by the Administrative Agent and Arranger.
The Company will not at any time permit the ratio of Consolidated Senior Funded Indebtedness to Consolidated Total Capitalization to exceed 0.45 to 1.00.
The Borrower will not permit the ratio (the “Leverage Ratio”) of (i) Consolidated Senior Funded Indebtedness to (ii) Consolidated EBITDA, determined for the period of four (4) consecutive fiscal quarters ending on the last day of each fiscal quarter of the Borrower, to be greater than 2.75:1.00.
Maximum Consolidated Senior Leverage Ratio: The ratio of Consolidated Senior Funded Indebtedness to Consolidated EBITDA (the "Senior Leverage Ratio") for each period of four consecutive quarters shall not exceed at any date of measurement during the periods set forth below, the ratio set forth opposite the applicable period set forth in the table below: Period Ratio ------ ----- Closing through 3/31/01 3.00x Pasta Acquisition Corp.

More Definitions of Consolidated Senior Funded Indebtedness

Consolidated Senior Funded Indebtedness means the Senior Funded --------------------------------------- Indebtedness appearing on a consolidated balance sheet of the Company and its Subsidiaries.

Consolidated Senior Funded Indebtedness means, as of any date of determination, for Equinix and its Subsidiaries on a consolidated basis, Consolidated Funded Indebtedness less the sum of the outstanding principal amount of (a) any Convertible Subordinated Notes and (b) any other Indebtedness that is contractually subordinated to the Obligations on terms reasonably satisfactory to the Administrative Agent.

Consolidated Senior Funded Indebtedness means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, without duplication, the sum of (a) the outstanding principal amount of all obligations for borrowed money, whether current or long-term (including Obligations to the extent constituting such obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) all purchase money Indebtedness; (c) all direct obligations arising under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (d) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (e) Attributable Indebtedness; (f) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (e) above of Persons other than the Borrower or any Subsidiary; and (g) all Indebtedness of the types referred to in clauses (a) through (f) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which the Borrower or a Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to the Borrower or such Subsidiary; other than, in each case (a)-(g), Subordinated Liabilities.

Consolidated Senior Funded Indebtedness. With respect to the --------------------------------------- Parent and its Subsidiaries for any fiscal period, Consolidated Funded Indebtedness minus the aggregate amount of Samstock Subordinated ----- Debt." "Contractor Liabilities. Collectively, (i) the principal amount ---------------------- of $5,543,523.60 (together with all interest and fees thereon) owed to Shawmut and described in the Shawmut Payment Agreement, (ii) $1,900,000 in the aggregate on account of Capital Expenditures or New Restaurant Capital Expenditures contracted to be made at the Borrower's Jacksonville, West 52nd Street, Atlanta, Washington, Phoenix, West Palm Beach and Reston locations, (iii) $670,000 owed to Xxxxx Construction, and (iv) $50,000 of development expenses, including preliminary design and site investigation expenses, related to the Chicago, Illinois and the Lincolnshire, Illinois locations." "Rights Offering. That certain offering of nontransferable --------------- rights to stockholders of the Parent to purchase an aggregate of up to $8,000,000 newly issued shares of Series A senior convertible redeemable preferred stock of the Parent, par value $1.00 per share (the "Preferred Stock")."

Consolidated Senior Funded Indebtedness means, as of any date of determination, the sum of (1) the aggregate amount of Indebtedness of the Consolidated Group outstanding on such date, determined on a consolidated basis in accordance with GAAP, consisting only of Indebtedness included in clauses (a), (b) (but with respect to earn-out obligations, only to the extent due and payable), (c) (but with respect to letters of credit, only to the extent of any drawn and unreimbursed amounts in respect thereof), (e), (f), (g) and (k) (only with respect to guarantees of Indebtedness otherwise included in this definition) of the definition of “Indebtedness,” less (2) the aggregate amount of Junior Debt of the Consolidated Group outstanding on such date, less (3) [reserved]. For the avoidance of doubt, it is understood and agreed that Indebtedness with respect to lease or rental obligations are excluded from this definition.