Total Fixed Charges means for any fiscal period for the Company and its Consolidated Subsidiaries on a consolidated basis, an amount equal to the sum of (i) Interest Expense, plus (ii) regularly scheduled installments of principal payable with respect to Total Indebtedness (excluding balloon payments due at maturity), plus (iii) all dividend payments due to the holders of any preferred Equity Interests in the Company and all distributions due to the holders of any limited partnership interests in the Company other than limited partner distributions based on the per share dividend paid on the common shares of beneficial interest of the Company (including in each case (i) through (iii), without duplication, the Company’s and its Consolidated Subsidiaries’ pro rata share (based on their percentage ownership interest) thereof for Unconsolidated Affiliates).
Total Fixed Charges means the sum of interest expense, regularly scheduled payments of principal made on long term debt and capitalized lease obligations during the period being measured, and dividends and distributions.
Total Fixed Charges means, for any period, the sum, for Borrower and its Subsidiaries (determined on a consolidated basis without duplication in accordance with GAAP), of the following: (a) Debt Service for such period, (b) the amount of any Capital Improvement Reserves during such period and (c) any preferred dividends paid during such period.
Examples of Total Fixed Charges in a sentence
The ratio of (i) Consolidated Adjusted EBITDA for the two fiscal quarter period of the Borrower most recently ending (annualized) to (ii) Consolidated Total Fixed Charges for such period (annualized), to be less than 1.50 to 1.00 at the end of any fiscal quarter.
Permit the ratio of Total EBITDA to Total Fixed Charges for any period of four consecutive fiscal quarters of the Borrower to be less than 1.50 to 1.0.
As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges A, be less than 145%.
The authoriser should both print and sign their name, and note the date of approval.
As of the end of the calendar quarter immediately preceding the Initial Advance (and as of the end of each fiscal quarter thereafter), at no time that the Loan is outstanding shall the ratio (stated as a percent), in respect of any period, of (A) Consolidated EBITDA to (B) Consolidated Total Fixed Charges B, be less than 125%.
More Definitions of Total Fixed Charges
Total Fixed Charges means, with respect to any Person, for any period, the amount equal to the aggregate consolidated cash interest expense as determined in accordance with IFRS, including to the extent applicable and without duplication, the portion of any Capital Lease Obligations allocable to interest expense, all commissions, discounts and other fees charged with respect to letters of credit and bankers’ acceptance financing, the amortization of debt discounts and the net costs under a swap agreement in respect of interest rates, and the interest portion of any deferred payment obligations, in each case paid, payable or allocable in cash during such period.
Total Fixed Charges for any fiscal period, an amount equal to the sum of (i) Interest Expense, (ii) regularly scheduled installments of principal payable with respect to all Total Indebtedness (but excluding any balloon payments due at maturity), plus (iii) all dividend payments due to the holders of any preferred shares of beneficial interest of Holdings and all distributions due to the holders of any limited partnership interests in the Borrower other than limited partner distributions based on the per share dividend paid on the common shares of beneficial interest of the Company (including the Borrower’s prorata share thereof for unconsolidated Subsidiaries and joint ventures).
Total Fixed Charges means for any fiscal period, an amount equal to the sum of (i) Interest Expense, plus (ii) regularly scheduled installments of principal payable with respect to Total Indebtedness (excluding balloon payments due at maturity), plus (iii) all dividend payments due to the holders of any preferred Equity Interests in the Company and all distributions due to the holders of any limited partnership interests in the Borrower other than limited partner distributions based on the per share dividend paid on the common shares of beneficial interest of the Company plus (iv) rent payable under all ground leases under which the Company, the Borrower or one of their Subsidiaries is the tenant, to the extent such rent is not deducted in the calculation of Total EBITDA (including in each case (i) through (iv), the Borrower’s prorata share thereof for Unconsolidated Affiliates).
Total Fixed Charges means the sum of interest expense, current maturities of long-term debt, current maturities of capital leases, lease expenses, preferred stock dividends and Capital Expenditures (all calculated for the preceding twelve-month period).
Total Fixed Charges means interest expense, plus current maturities of long-term debt and current maturities of capital leases, plus lease expenses, plus preferred stock dividends, plus Capital Expenditures.
Total Fixed Charges means, for any period, the sum of the following for the Borrower and its Subsidiaries for such period, determined on a consolidated basis without duplication in accordance with GAAP: (a) Total Debt Service; (b) Capital Expenditures made as permitted by Section 8.10 hereof (other than Capital Expenditures made pursuant to clause (z) thereof); and (c) taxes (other than deferred taxes) paid during such period or paid or expected to be payable in cash thereafter in respect of such period, in each case in respect of income or activities earned or conducted during such period.
Total Fixed Charges means, for any fiscal period of Interface and without duplication, the sum of (a) Consolidated Cash Interest Expense for such period, plus (b) payments made in respect of capital leases during such period, plus (c) scheduled payments of principal made during such period in respect of all Indebtedness which, when such Indebtedness was incurred, had a stated maturity of more than one year from the date it was so incurred (other than payments made in respect of (i) the Senior Notes or Former Senior Notes at their respective stated final maturity and (ii) Intercompany Loans), plus (d) Consolidated Restricted Payments made during such period, but not including any Consolidated Restricted Payment which: