Consolidated Total Assets

Consolidated Total Assets. Consolidated Total Assets means, at any time, the aggregate amount of all assets of the Company and its Subsidiaries at such time, as determined on a consolidated basis in accordance with GAAP, excluding the book value at such time of an amount of undivided percentage interests in accounts receivable sold by special purpose Subsidiaries under Receivables Securitization Programs permitted pursuant to Section 10.1(g) and 10.2(e) that is equal to the amount of Indebtedness of such Subsidiaries in... respect of such programs at such time. View More

Consolidated Total Assets. Means, on any date, the aggregate amount of assets of the Applicant and its Subsidiaries determined on a consolidated basis in accordance with GAAP.

Consolidated Total Assets. The definition of the term "Consolidated Total Assets" in the Credit Agreement is amended: (i) to delete the reference to "Section 5.04" appearing in the fourth line thereof, and replace it with: "Section 5.04(a)(i) or (b)(i)" and (ii) to delete the reference to "Section 5.04(a) or (b)" appearing in the fifth line thereof, and replace it with: "Section 5.04(a)(i) or (b)(i)".