Consolidated Total Debt Service definition

Consolidated Total Debt Service means, for any period, the sum of all mandatory scheduled payments and prepayments with respect to Financing Debt of the Company and its Subsidiaries on a Consolidated basis.

Consolidated Total Debt Service means, for any period, the sum of (a) the amounts deducted for Consolidated Total Interest in determining Consolidated Net Income for such period and (b) the amounts of scheduled payments of principal of Indebtedness of Borrower and its consolidated Subsidiaries during such period.

Consolidated Total Debt Service means, for any Measurement Period:

Examples of Consolidated Total Debt Service in a sentence

• Consolidated Total Debt Service Obligations is defined as the aggregate of:-1.

• The Loan Parties will not permit as at the end of any Reference Period, the ratio of (a) Consolidated Operating Cash Flow for such Reference Period to (b) Consolidated Total Debt Service for such Reference Period to be less than 1.20:1.00.

• ADSCR is defined as the ratio of (A) available consolidated cash and cash equivalents at the closing of the financial year plus the Consolidated Total Debt Service Obligations (principal and interest and other charges) for the said financial year (“Consolidated Total Debt Service Obligations”), to (B) Consolidated Total Debt Service Obligations.

• The Guarantor will not permit, as at the end of any Reference Period, the ratio of (a) Consolidated Operating Cash Flow for such Reference Period to (b) Consolidated Total Debt Service for such Reference Period to be less than 1.20:1.00.

• The Borrower will not permit, as at the end of any Reference Period, the ratio of (a) Consolidated Operating Cash Flow to (b) Consolidated Total Debt Service to be less than 1.20:1.00.

More Definitions of Consolidated Total Debt Service

Consolidated Total Debt Service means, for any period, the sum of: (a) all payments of principal made or required to be made in cash in respect of Consolidated Total Indebtedness, (b) Consolidated Interest Expense made or required to be made in cash and (c) all fees payable with respect to Consolidated Total Indebtedness, all calculated for Credit Parties and their Subsidiaries on a consolidated basis in accordance with GAAP.

Consolidated Total Debt Service. Consolidated Total Net Debt", "Consolidated EBITDA" and "Measurement Period" have the meaning given to them in Clause 18;

Consolidated Total Debt Service means with respect to Guarantor and its Subsidiaries and for any Reference Period, the sum, without duplication, of (a) any and all repayments or prepayments of principal during such period in respect to Indebtedness that become due and payable or that are to become due and payable during such period pursuant to any agreement or instrument to which Guarantor or any of its Subsidiaries is a party relating to (i) the borrowing of money or the obtaining of credit, including the issuance of notes or bonds, (ii) the deferred purchase price of assets (other than trade payables incurred in the ordinary course of business), (iii) in respect of any Synthetic Leases or any Capitalized Leases, (iv) in respect of any reimbursement obligations in respect of letters of credit due and payable during such period, and (v) Indebtedness of the type referred to above of another Person guaranteed by Guarantor or any of its Subsidiaries; provided, however, that there shall be excluded from amount described in clause (a) any payment during such Reference Period to refinance such Indebtedness through the issuance or incurrence of additional Indebtedness permitted pursuant hereto, including refinancing through borrowing under existing credit facilities, plus (b) Consolidated Total Interest Expense paid or payable in cash during such Reference Period, plus (c) consolidated rental expense on Rental Obligations for such period as determined in accordance with GAAP.

Consolidated Total Debt Service for any period means Consolidated Net Interest Payable for such period:

Consolidated Total Debt Service means, in respect of any period, the aggregate of:

Consolidated Total Debt Service means, as at the end of each fiscal quarter of the Company and calculated for the period of four (4) fiscal quarters then ending, the sum of (a) the aggregate amount of Interest Expense paid by the Company and its Subsidiaries in cash during such period and (b) the aggregate amount of scheduled and mandatory payments in respect of the principal amount of Indebtedness made by the Company and its Subsidiaries during such period.

Consolidated Total Debt Service means, for any period, the sum of (i) Consolidated Interest Expense PLUS (ii) the aggregate amount of all mandatory scheduled payments, prepayments and sinking fund payments paid or accrued by the Company and its Subsidiaries during such period with respect to Financing Debt, including contingent obligations under agreements relating to Permitted Acquisitions (made before or after the date of this Agreement) or with respect to principal paid or accrued by the Company in respect of Subordinated Indebtedness and Contingent Notes (excluding prepayments permitted by the proviso in Section 6.14 and voluntary prepayments of the Loan).