ROXIO'S SHARE OF CONSOLIDATED AMT Sample Clauses

The 'ROXIO'S SHARE OF CONSOLIDATED AMT' clause defines how Roxio's portion of the consolidated Alternative Minimum Tax (AMT) liability is determined within a group of affiliated companies filing a consolidated tax return. Typically, this clause outlines the method for calculating Roxio's share based on its individual tax attributes or income relative to the group, and may specify the timing and manner of payment or reimbursement among group members. Its core function is to ensure a fair and transparent allocation of AMT obligations, preventing disputes and clarifying each party's financial responsibility within the consolidated group.
ROXIO'S SHARE OF CONSOLIDATED AMT. Roxio's share of the group's consolidated AMT for any year shall equal the excess, if any, of (A) the total consolidated AMT, over (B) the consolidated AMT for the year computed by excluding Roxio's items of income, gain, deduction and loss, and Roxio's credits.
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Related to ROXIO'S SHARE OF CONSOLIDATED AMT

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Minimum Consolidated Net Worth Consolidated Net Worth will at no time be less than $550,000,000 plus 25% of the consolidated net income of the Borrower at the end of each fiscal quarter for each fiscal year commencing after the fiscal year ending December 31, 1994.

  • Shareholders’ Equity Permit Gannett’s Total Shareholders’ Equity at any time to be less than $3,500,000,000.