US FIXED CHARGES

US FIXED CHARGES. Means, with respect to any fiscal period of the Borrowers, solely with respect to the Borrowers' operations in the United States and without duplication, the Borrowers' interest expense, Capital Expenditures (excluding Capital Expenditures funded with Debt other than Revolving Loans, but including, without duplication, principal payments with respect to such Debt), scheduled principal payments of Debt, and income taxes as noted on the... Borrowers' income statement but only to the extent that such taxes are positive. View More