Senior Debt to Cash Flow Ratio definition

Senior Debt to Cash Flow Ratio means, as at the last day of a Fiscal Quarter and for the preceding 12 month period, the ratio of Consolidated Senior Debt at the end of such period to Consolidated Cash Flow for such period; provided that (i) for the period ending September 30, 2009, Consolidated Cash Flow shall be equal to Consolidated Cash Flow for the preceding six month period multiplied by 2 and (ii) for the period ending December 31, 2009, Consolidated Cash Flow shall be equal to Consolidated Cash Flow for the preceding nine month period multiplied by 4/3.

Senior Debt to Cash Flow Ratio means, as of the last day of any ------------------------------ Fiscal Quarter, the ratio of (i) Senior Debt as of such day to (ii) Cash Flow as of such day.

Senior Debt to Cash Flow Ratio means, as of any date of determination, the ratio of (a) the Senior Debt of the Company and its Restricted Subsidiaries as of such date to (b) the Consolidated Cash Flow of the Company and its Restricted Subsidiaries for the Company's most recently ended four full fiscal quarters for which internal financial statements are available immediately preceding the date on which such additional Indebtedness is incurred, determined on a pro forma basis, including a pro forma application of the net proceeds therefrom, as if such Indebtedness had been incurred at the beginning of such four quarter period. In addition, for purposes of calculating the Senior Debt to Cash Flow Ratio:

Examples of Senior Debt to Cash Flow Ratio in a sentence

• The Borrower shall maintain a Senior Debt to Cash Flow Ratio which does not exceed 3.0 to 1.0 at the end of each Fiscal Quarter.

• Availability under this facility is subject to quarterly financial covenants requiring that the Senior Debt to Cash Flow Ratio is less than 3 to 1, the Total Debt to Cash Flow Ratio is less than 3.5 to 1, Senior Debt to Cash Flow Ratio is less than 3 to 1, the Total Debt to Cash Flow Ratio is less than 3.5 to 1, Senior Debt to Capitalization is less than 50% and Total Debt Capitalization is less than 55%, all as defined in the Credit Agreement.

• Management Leadership Network (MLN) Event 2022 AGREED: On the proposal of Councillor Mulgrew seconded by Councillor Howell it was agreed to approve that Council sponsors Podium / MLN for the development, management and implementation of a high-profile leadership event in 2022.

• Availability under this facility is subject to quarterly financial covenants requiring that the Senior Debt to Cash Flow Ratio is less than 3 to 1 , the Total Debt to Cash Flow Ratio is less than 3.5 to 1, Senior Debt to Capitalization is less than 50% and Total Debt Capitalization is less than 55%, all as defined in the Credit Agreement.

• Amounts borrowed under this facility bear interest at a floating rate based on bankers acceptances plus 65 basis points to 115 basis points depending on the Trust's Senior Debt to Cash Flow Ratio as defined in the Credit Agreement.

More Definitions of Senior Debt to Cash Flow Ratio

Senior Debt to Cash Flow Ratio means, at the date of determination, the ratio of (a) all Senior Debt of the Obligors at such date to (b) Adjusted EBITDA for the 12-month period ending on such date.

Senior Debt to Cash Flow Ratio shall have the meaning specified for such term in, and shall be computed in accordance with the terms of, the 2000 Credit Agreement.

Senior Debt to Cash Flow Ratio means as of any date of determination, a ratio, the numerator of which shall equal Funded Debt as of such date minus the outstanding principal amount of any Permitted Subordinated Indebtedness as of such date and the denominator of which shall equal EBITDA for the four quarter period ending on such date.

Senior Debt to Cash Flow Ratio means the ratio of (i) Company's Obligations and any liabilities incurred under capitalized leases, to (ii) the sum of Company's net income (after taxes paid in cash), plus depreciation, plus amortization, plus interest expense. The Senior Debt to Cash Flow Ratio shall be calculated on a quarterly basis;

Senior Debt to Cash Flow Ratio means, for any period of four Fiscal Quarters (or if four Fiscal Quarters have not passed from the Effective Date, the period from the Effective Date to the most recent Fiscal Quarter end), the ratio of (x) the consolidated Senior Debt of the Borrower and its Subsidiaries as of the end of the most recent Fiscal Quarter (after giving effect to payments made as of the end of such Fiscal Quarter) to (y) Cash Flow during such period (and, if four Fiscal Quarters have not passed from the Effective Date, converted to an annualized amount).

Senior Debt to Cash Flow Ratio means, with respect to any specified Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, excluding any such Indebtedness that by its terms is expressly subordinated in right of payment to the Notes or any Guarantee, to (b) the Annualized Consolidated Cash Flow of such Person for the two most recent full fiscal quarters for which internal financial statements are available prior to such date of determination, determined on a pro forma basis after giving effect to all acquisitions or dispositions of assets made by such Person and its Restricted Subsidiaries from the beginning of such two-quarter period through and including such date of determination (including any related financing transactions) as if such acquisitions and dispositions (and related financing transactions) had occurred at the beginning of such two-quarter period. In addition, for purposes of calculating the Senior Debt to Cash Flow Ratio:

Senior Debt to Cash Flow Ratio means, at the date of termination, the ration of (a) all Senior Debt of the Companies at such date to (b) Adjusted EBITDA for the 12-month period ending on such date.