Interim Adjustments definition

Interim Adjustments means those interim accounting and adjustments, contemplated pursuant to Clause 3.10.1(a) of this Agreement, to be made on the Closing Date;
Interim Adjustments means, that for the first four fiscal quarters ------------------- following the Closing Date, the Fixed Charge Coverage Ratio and the Interest Coverage Ratio shall be calculated using the adjustments and assumptions regarding Cash Taxes and Interest Expense set forth below:
Interim Adjustments means that, subsequent to the addition of a New Company, the Interest Coverage Ratio, the Fixed Charge Coverage Ratio and the Leverage Ratio shall be calculated using the adjustments and assumptions set forth below: EBITDA, Capital Expenditures, Interest Expense and Scheduled Funded Debt Payments for any New Company will be calculated commencing after the acquisition of such New Company as follows:

Examples of Interim Adjustments in a sentence

  • The Alternative Payment shall be calculated by adjusting the Applicable Discount Rate and the Applicable Base Payment (as such terms are defined in Exhibit D) set forth in the Put Payment Formula (the "Interim Adjustments") as of a date (the "Interim Adjustment Date") that is (i) for the Qualifying Projects (other than the Late Qualifying Projects), 90 days after date of the Interim Adjustment Election and (ii) for any Late Qualifying Project, the Late Qualifying Adjustment Date.

  • The Purchase Price adjusted for Interim Adjustments shall be paid in full by Purchaser to Vendor by delivery of certified cheque(s) or bank draft(s) on the Closing Date at the place of Closing.

  • FEES AND PAYMENTS 16 Section 3.1. Certain Notices 16 Section 3.2. Prepayments 16 Section 3.3. Interest on Loans 17 Section 3.4. Commitment Fee 18 Section 3.5. Administrative Fee 18 Section 3.6. Syndication Fee 18 Section 3.7. Payments Generally 18 Section 3.8. Interim Adjustments to Borrowing Base.


More Definitions of Interim Adjustments

Interim Adjustments for the first three full fiscal quarters of the Company following the Original Closing Date, the Total Leverage Ratio and the Senior Leverage Ratio shall be calculated by including in Consolidated Operating Cash Flow for the applicable four-quarter period the actual Consolidated Operating Cash Flow for the portion of such period of the Company and its Subsidiaries occurring prior to the Original Closing Date, on a pro forma basis assuming (i) that the Acquisition had been consummated on the first day of such period and (ii) adjustments to such pro forma Consolidated Operating Cash Flow for such pre-closing period attributable to the Company's projected cost savings resulting from the Acquisition as determined by Deloitte & Touche LLP and reasonably acceptable to the US Administrative Agent.
Interim Adjustments means, that for the first three fiscal quarters following the Closing Date, the ratio to be calculated pursuant to subsection 7.1(e) which ratio shall be calculated using the adjustments and assumptions regarding Cash Interest Expense set forth below:
Interim Adjustments means, for the first fiscal quarter following the Closing Date, that the Interest Coverage Ratio shall be calculated using the adjustments and assumptions regarding Interest Expense set forth below:
Interim Adjustments for the period from the Closing Date to the end of the second fiscal quarter of the 1997 fiscal year of CNG, the Adjusted Interest Coverage Ratio and the Leverage Ratio shall be calculated using the adjustments and assumptions set forth below:
Interim Adjustments for the first three full fiscal quarters of the Borrower following the Closing Date (or, in the case of the Leverage Ratio, the third full fiscal quarter of the Borrower following the Closing Date), the Fixed Charge Coverage Ratio, the Interest Coverage Ratio and the Leverage Ratio shall be calculated using the adjustments and assumptions set forth below: