Consolidated Depreciation and Amortization Expense of such Person for such period to the extent the same were deducted (and not added back) in computing Consolidated Net Income; plus
“Consolidated Interest Expense” shall mean, for any period, the total consolidated interest expense of the Borrower, its Subsidiaries and the Physician-Owned Practices for such period determined on a consolidated basis in accordance with GAAP plus, without duplication:
“Consolidated Interest Coverage Ratio” means for any period, the ratio of # Adjusted Consolidated EBITDA to # Consolidated Cash Interest Expense for such period.
Consolidated Interest Expense; plus
Consolidated EBITDA: for any period, Consolidated Net Income for such period; plus, to the extent deducted in determining such Consolidated Net Income, without duplication, (a) Consolidated Interest Charges (net of interest income for such period) of Borrowers and their Domestic Subsidiaries (excluding their Foreign Subsidiaries) for such period, plus (b) federal, state and local income tax expense for such period, net of income tax credits, plus (c) depreciation and amortization for such period, plus (d) non-cash compensation expense, or other non-cash expenses or charges, for such period arising from the granting of stock options, stock appreciation rights or similar equity arrangements, plus (e) non-cash expenses or losses and other non-cash charges incurred during such period (excluding any non-cash charges representing an accrual of, or reserve for, cash charges and further excluding any non‑cash charge that relates to the write‑down of Accounts or Inventory); plus (f) expenses of up to incurred in connection with the closing of this Agreement, minus non-cash income, gains or profits during such period, in each case as determined for Borrowers and their Domestic Subsidiaries (excluding their Foreign Subsidiaries) on a Consolidated basis.
Fixed Charges for such period (including # non-cash rent expense, # net losses or any obligations on Swap Obligations or other derivative instruments entered into for the purpose of hedging interest rate risk, # bank fees and other financing fees and # costs of surety bonds in connection with financing activities, plus amounts excluded from Consolidated Interest Expense as set forth in clauses (1)(o) through (z) in the definition thereof); plus
EBITDA shall mean # Net Income, plus # Interest Expense, plus # to the extent deducted in the calculation of Net Income, depreciation expense and amortization expense, plus # income tax expense, plus # fair market value adjustments for warrants.
Interest Expense means, with reference to any period, total interest expense (including that attributable to Capital Lease Obligations) of the Borrower and its Subsidiaries for such period with respect to all outstanding Indebtedness of the Borrower and its Subsidiaries (including all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers acceptances and net costs under Swap Agreements in respect of interest rates, to the extent such net costs are allocable to such period in accordance with GAAP), calculated for the Borrower and its Subsidiaries on a consolidated basis for such period in accordance with GAAP.
“Consolidated Interest Expense” means, for any period, the sum, without duplication,
such dividends are included as Cash Interest Expense in any calculation of the Consolidated Interest Coverage Ratio;
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