Cumulative Consolidated Net Income means, for any period, Consolidated Net Income for such period, taken as a single accounting period. Cumulative Consolidated Net Income may be a positive or negative amount.
Cumulative Consolidated Net Income means, as at any date of determination, Consolidated Net Income for the period (taken as one accounting period) commencing on January 1, 2017 and ending on the last day of the most recent fiscal quarter for which Section 9.1 Financials have been delivered.
Cumulative Consolidated Net Income means, as of any date of determination, Consolidated Net Income of Borrower and its Subsidiaries for the period (taken as one accounting period) commencing on the first day of the Fiscal Quarter of Borrower ending on September 30, 2011 and ending on the last day of the most recently ended Fiscal Quarter or Fiscal Year, as applicable, for which financial statements required to be delivered pursuant to Section 5.1(a) or Section 5.1(b), and the related Compliance Certificate required to be delivered pursuant to Section 5.1(c), have been received by Administrative Agent.
Examples of Cumulative Consolidated Net Income in a sentence
The Company shall not permit its Consolidated Shareholder's Equity as of the last day of any fiscal quarter to be less than the sum of (i) $850,000,000 plus (ii) 50% of Cumulative Consolidated Net Income.
Cumulative Consolidated Net Income for the Company during the Payment Criteria Period shall be the sum of the Adjusted Consolidated Net Income for each of the three years in the Payment Criteria Period.
More Definitions of Cumulative Consolidated Net Income
Cumulative Consolidated Net Income means the excess, if any, of:
Cumulative Consolidated Net Income means, at any date of determination, Consolidated Net Income of the Borrower and Restricted Subsidiaries for the period (taken as one accounting period) commencing on October 1, 2006 to the end of the most recently ended fiscal quarter prior to such date for which financial statements have been delivered pursuant to Section 6.01(a) or (b).
Cumulative Consolidated Net Income at any date of determination, an amount (which may not be less than zero) equal to the aggregate cumulative sum of Consolidated Net Income for each fiscal quarter of the Parent Borrower for which financial statements have been delivered pursuant to Section 6.1(a) or (b), as applicable, beginning with the first day of the fiscal quarter in which the Closing Date occurs.
Cumulative Consolidated Net Income means, as of any date of determination, 50% of the Net Income of Borrower and its Restricted Subsidiaries for the period (taken as one accounting period) beginning on the first day of the Fiscal Quarter in which the Second Amendment Effective Date occurs to the end of Borrower’s most recently ended Fiscal Quarter for which financial statements prepared on a consolidated basis in accordance with GAAP are available (or, in the case such Net Income for such period is a deficit, minus 100% of such deficit).
Cumulative Consolidated Net Income means 50% of the cumulative Consolidated Net Income (or if such cumulative Consolidated Net Income shall be a loss, 100% of such loss) of the Borrower and its Restricted Subsidiaries since the beginning of the fiscal quarter including the Closing Date to the end of the last fiscal period for which financial statements have been provided to the Lenders pursuant to Section 6.01(a) or (b).
Cumulative Consolidated Net Income means, as of any date of determination, the cumulative amount of Consolidated Net Income for the period (taken as one accounting period) commencing on October 1, 2016 and ending on the last day of the most recent fiscal quarter for which financial statements have been delivered pursuant to Section 5.01(a) or (b).
Cumulative Consolidated Net Income means with respect to any Person, as of any date of determination, Consolidated Net Income from October 31, 1993 to the end of the Company's most recently ended full fiscal quarter prior to such date, taken as a single accounting period.