Consolidated Total Capitalization definition

Consolidated Total Capitalization means at any time the sum of Consolidated Indebtedness and Consolidated Net Worth, each calculated at such time.

Consolidated Total Capitalization means, on any date, the sum as of such date of (a) Debt to Capitalization Ratio Indebtedness as of such date and (b) total shareholders’ equity as of such date, determined on a consolidated basis in accordance with GAAP.

Consolidated Total Capitalization means the sum of (i) Consolidated Shareholders’ Equity, (ii) Consolidated Senior Debt and (iii) Subordinated Obligations excluded from the calculation of Senior Debt.

Examples of Consolidated Total Capitalization in a sentence

• The Borrower will not, as of the end of each quarter of each of its fiscal years, permit the ratio of its Consolidated Senior Debt to its Consolidated Total Capitalization to be greater than 0.65 to 1.00.

• The Loan Parties shall not at any time permit the ratio of Consolidated Total Indebtedness of the Borrower and its Subsidiaries to Consolidated Total Capitalization to exceed 0.65 to 1.00.

• From and after the Effective Date, the Guarantor will not permit the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Total Capitalization to exceed 0.35 to 1.00, calculated as of the last day of each fiscal quarter.

• The Borrower will not permit the ratio, as of the last day of any of its fiscal quarters, of (i) Consolidated Indebtedness to (ii) Consolidated Total Capitalization to be greater than 0.65 to 1.0.

• The Borrower will not permit the ratio of (i) its Consolidated Indebtedness to (ii) its Consolidated Total Capitalization to exceed 0.65 to 1.0 at any time.

More Definitions of Consolidated Total Capitalization

Consolidated Total Capitalization means as of any date of determination the sum of (i) Consolidated Total Indebtedness, plus (ii)

Consolidated Total Capitalization means Consolidated Tangible Net Worth plus Consolidated Funded Debt;

Consolidated Total Capitalization for any period for which the amount thereof is to be determined, the sum of Consolidated Net Worth at such date and Consolidated Total Debt at such date.

Consolidated Total Capitalization means, at any date, the sum of Consolidated Debt and Consolidated Net Worth, each determined as of such date.

Consolidated Total Capitalization means, as of the date of any determination thereof, the sum of (i) Consolidated Debt, plus (ii) Consolidated Adjusted Net Worth.

Consolidated Total Capitalization means the sum of (i) Indebtedness of the Applicant and its Consolidated Subsidiaries, plus (ii) the sum of the Capital Stock (excluding treasury stock and capital stock subscribed for and unissued) and surplus (including earned surplus, capital surplus, translation adjustment and the balance of the current profit and loss account not transferred to surplus) accounts of the Applicant and its Consolidated Subsidiaries appearing on a consolidated balance sheet of the Applicant and its Consolidated Subsidiaries, in each case prepared as of the date of determination in accordance with Agreement Accounting Principles consistent with those applied in the preparation of the financial statements referred to in Section 4.1(f), after eliminating all intercompany transactions and all amounts properly attributable to minority interests, if any, in the stock and surplus of Subsidiaries

Consolidated Total Capitalization means, as of any date of determination, the sum of (i) Consolidated Debt as of such date and (ii) Consolidated Net Worth as of such date.