Income Available for Fixed Charges definition

Income Available for Fixed Charges for any period means the sum of (i) Consolidated Net Income, (ii) taxes on income and (iii) Consolidated Fixed Charges, all determined with respect to the Borrower and its Consolidated Subsidiaries on a consolidated basis for such period and in accordance with GAAP.

Income Available for Fixed Charges means, for any period, net income of the Borrower, plus amounts deducted in arriving at such net income for (i) interest on long-term debt (including the current portion thereof), (ii) depreciation, (iii) amortization, and (iv) payments under long-term leases.

Income Available for Fixed Charges means, for any period, the sum of (a) EBITDA for such period, PLUS, (b) the amount deducted in determining EBITDA for such period for expenses of the Borrower and its Consolidated Subsidiaries with respect to common area maintenance charges, but expressly excluding any and all prepayments under any leases or rental agreements).

Examples of Income Available for Fixed Charges in a sentence

• QQI maintains ongoing working arrangement as part of the Government’s ‘Covid’19 Resilience andRecovery 2021 – the Path Ahead’, the Minister participates in the meetings which are held regularly and are tasked to consider among other things a phased return to offices.

• Not permit, as of the end of each fiscal quarter of the Company, the ratio of Consolidated Income Available for Fixed Charges to Fixed Charges, for the period consisting of such fiscal quarter and the preceding three fiscal quarters, to be less than 2.75 to 1.0.

• Maintain at the end of each fiscal quarter a ratio of Net Income Available for Fixed Charges to Fixed Charges for the 4 consecutive quarters then ending of not less than 1.50 to 1.00.

• The Company and its consolidated Subsidiaries shall maintain a ratio, without duplication, of Consolidated Net Income Available for Fixed Charges to Consolidated Fixed Charges of at least 2.25 to 1.00 for the most recently-ended period of four fiscal quarters for which financial statements were required to be delivered, commencing with the fiscal quarter ended as of March 31, 2018 through the Availability Period.

• The Company shall not at any time permit the ratio of Consolidated Net Income Available for Fixed Charges (calculated in respect of the period of eight (8) consecutive fiscal quarters of the Company then most recently ended) to Consolidated Fixed Charges (calculated in respect of such period) to be less than (a) 1.00 to 1.00 during the Suspension Period and (b) 1.50 to 1.00 at all times after the Suspension Period.

More Definitions of Income Available for Fixed Charges

Income Available for Fixed Charges for any Measurement Period shall mean on a consolidated basis, the sum of the Borrower's:

Income Available for Fixed Charges for any period means EBITDA as determined with respect to the Borrower and its Consolidated Subsidiaries on a consolidated basis for such period and in accordance with GAAP and less the aggregate amount of capital expenditures for the Borrower and its Consolidated Subsidiaries for such period in accordance with GAAP.

Income Available for Fixed Charges means, for any Measurement Period, EBITDA, minus the sum of capital expenditures (other than capital expenditures financed by long-term debt), cash dividends paid to Borrower’s shareholders and income taxes paid in cash, all as determined for Borrower on a consolidated basis.

Income Available for Fixed Charges means, for any period, the sum of (a) Consolidated Net Income during such period, PLUS (to the extent deducted in determining Consolidated Net Income), (b)

Income Available for Fixed Charges for any period means the sum of

Income Available for Fixed Charges means, at the time of any determination thereof, the consolidated net income of PBCC and its subsidiaries determined in accordance with generally accepted accounting principles, except that such determination shall be made before any deduction for Fixed Charges or provisions for taxes in respect of income.

Income Available for Fixed Charges with respect to the Company and its Subsidiaries for any period, Net Income of the Company and its Subsidiaries for such period plus (a) depreciation, amortization, federal and 18 12 state income taxes deducted in determining such Net Income and (b) the amount of Fixed Charges for such period.