Funded Debt to Cash Flow Ratio means, as of the last day of any Fiscal ------------------------------ Quarter, the ratio of (i) Funded Debt as of such day to (ii) Cash Flow as of such day. GAAP means generally accepted accounting principles set forth from time to ---- time in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board (or agencies with similar functions of comparable stature and authority within the U.S. accounting profession), which are applicable to the circumstances as of the date of determination. Group means a group of Tranches of the same Type and, in the case of ----- Eurodollar Tranches, which have the same Interest Period.
Funded Debt to Cash Flow Ratio means, as of the end of each fiscal quarter of Compressco and its Consolidated Subsidiaries (including Field Services), the ratio of (1) the amount of Funded Debt of Compressco and its Consolidated Subsidiaries at the end of such fiscal quarter, to (2) the amount of Cash Flow of Compressco and its Consolidated Subsidiaries for the immediately preceding twelve-month period ending as of the end of the such fiscal quarter.
Funded Debt to Cash Flow Ratio means as of the applicable date, the ratio of (a) Funded Debt to (b) (i) Consolidated Net Income (Loss) plus (ii) depreciation and amortization, for the Consolidated Companies, on a consolidated basis.
Examples of Funded Debt to Cash Flow Ratio in a sentence
Borrower's consolidated Funded Debt to Cash Flow Ratio was to 1.0 as computed on Funded Debt to Cash Flow Exhibit attached hereto; Capital Expenditures.
The Consolidated Funded Debt to Cash Flow Ratio for the period from the Restatement Effective Date to but excluding the Business Day the first Compliance Certificate is delivered hereunder shall be the latest Consolidated Funded Debt to Cash Flow Ratio determined under the Original Credit Agreement.
Not permit the Funded Debt to Cash Flow Ratio for any Computation Period to exceed 2.25:1 as of the last day of any Fiscal Quarter.
Offers must be received either by e-mail or in hardcopy, no later thanAugust 14, 2017 by 17:00 hours (Local Time).
The definition of "Level III Status" in the Agreement is amended in its entirety to state the following: "Level III Status" exists at any date (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Senior Funded Debt to Cash Flow Ratio is less than or equal to 2.50 to 1.00.
More Definitions of Funded Debt to Cash Flow Ratio
Funded Debt to Cash Flow Ratio means, for any period, the ratio of (a) Long-term Indebtedness for borrowed money of the Borrower and its Subsidiaries plus, without duplication, any Indebtedness for money borrowed of the Borrower and its Subsidiaries which will be due and payable during the immediately succeeding twelve month period, in each case outstanding as of the last day of such period, to (b) Adjusted Net Income of the Borrower and its Subsidiaries on a consolidated basis plus, without duplication, depreciation and amortization expense, each for the most recently completed four fiscal quarters.
Funded Debt to Cash Flow Ratio means, for any period, the ratio of (a) Long-term Indebtedness of the Borrower and its Subsidiaries plus, without duplication, any Indebtedness for money borrowed of the Borrower and its Subsidiaries which will be due and payable during the immediately succeeding twelve month period, in each case outstanding as of the last day of such period, to (b) the sum of net income of the Borrower and its Subsidiaries (determined in accordance with generally accepted accounting principles consistently applied) for the most recently completed four fiscal quarters, plus extraordinary and unusual non-cash losses for such period, plus depreciation and amortization expense for such period, minus extraordinary and unusual non-cash gains for such period, minus capital expenditures for such period.
Funded Debt to Cash Flow Ratio means the ratio of Borrower's Funded Debt as of the date of determination (including the Funded Debt of Borrower's Consolidated Subsidiaries) to Borrower's Cash Flow (including the Cash Flow of Borrower's Consolidated Subsidiaries) for the four fiscal quarters immediately preceding the date of determination.
Funded Debt to Cash Flow Ratio means, for any period, the ratio of (a) all Indebtedness for borrowed money of Griffon and its Subsidiaries outstanding as of the last day of such period, to (b) EBITDA of Griffon and its Subsidiaries minus, Unfunded Capital Expenditures made by Griffon and/or any of its Subsidiaries, each for the most recently completed four fiscal quarters.
Funded Debt to Cash Flow Ratio means, as of the last day of any Fiscal ------------------------------ Quarter, the ratio of (i) Funded Debt as of such day to (ii) Cash Flow as of such day.
Funded Debt to Cash Flow Ratio means, as of the last day of any Fiscal ------------------------------ Quarter, the ratio of (i) Funded Debt as of such day to (ii) Cash Flow as of such day. GAAP means generally accepted accounting principles set forth from time to ---- time in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board (or agencies with similar functions of comparable stature and authority within the U.S. accounting profession), which are applicable to the circumstances as of the date of
Funded Debt to Cash Flow Ratio means, as of the last day of any Fiscal ------------------------------ Quarter, the ratio of (i) Funded Debt as of the last day of such Fiscal Quarter to (ii) Consolidated Net Income for the period of four Fiscal Quarters ending on the last day of such Fiscal Quarter plus, to the extent deducted in determining ---- such Consolidated Net Income, Interest Expense, income tax expense, depreciation and amortization for such period. For purposes of calculating the Funded Debt to Cash Flow Ratio, clause (ii) of the preceding sentence shall be calculated on ----------- a pro forma basis in accordance with Article 11 of Regulation S-X of the SEC. --- ----- GAAP means generally accepted accounting principles set forth from time to ---- time in the opinions and pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board (or agencies with similar functions of comparable stature and authority within the U.S. accounting profession), which are applicable to the circumstances as of the date of determination. Group - see Section 2.2.1. ----- ------------- Guarantor means, on any day, each Subsidiary that has executed a --------- counterpart of the Intercompany Guaranty on or prior to that day (or is required to execute a counterpart of the Intercompany Guaranty on that date). Guaranty means any agreement, undertaking or arrangement by which any -------- Person guarantees, endorses or otherwise becomes or is contingently liable upon (by direct or indirect agreement, contingent or otherwise, to provide funds for payment, to supply funds to or otherwise to invest in a debtor, or otherwise to assure a creditor against loss) any indebtedness, obligation or other liability of any other Person (other than by endorsements of instruments in the course of collection), or guarantees the payment of dividends or other distributions upon the shares of any other Person. The amount of any Person's obligation under any Guaranty shall (subject to any limitation set forth therein) be deemed to be the principal amount of the debt, obligation or other liability supported thereby.