Print Page  Close Window

SEC Filings

S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
Entire Document
 
<PAGE>
 
         "Combined Total Debt" means, as of any date, the aggregate amount of
all Indebtedness of Parent Companies, determined on a Combined Basis.

         "Combined Total Leverage Ratio" means, at any date, the ratio of (i)
Combined Total Debt less the aggregate amount of Asset Sale proceeds (x) then on
deposit in the Cash Collateral Account and (y) subject to the Liens created by
the Collateral Documents to (ii) Annualized Quarterly Combined Operating Cash
Flow.

         "Commitment" means a Tranche A Term Commitment, a Tranche B Term
Commitment or a Revolving Commitment, and "Commitments" means all or any
combination of them, as the context may require.

         "Communications Act" means the Communications Act of 1934, as amended
from time to time, and the regulations promulgated thereunder.

         "Company Total Interest Expense" means, for any period, the aggregate
amount of cash and non-cash interest expense of the Parent Companies, determined
on a Combined Basis for such period, (including, without limitation,
amortization of original issue discount on any Indebtedness and the interest
portion of any deferred payment obligation (calculated in accordance with the
effective interest method of accounting), all commissions, discounts and other
fees and charges owed with respect to letters of credit and bankers' acceptance
financing, the net costs associated with Hedging Agreements, and Indebtedness
that is guaranteed or secured by either Parent Company or any of its
Subsidiaries) and the interest portion of payments under Capital Lease
Obligations.

         "Consolidated Capital Expenditures" means, for any period, expenditures
for additions to property, plant and equipment and other capital expenditures of
the Borrower and its Consolidated Subsidiaries for such period (other than
Permitted Acquisitions), as the same are or would be set forth in a consolidated
statement of cash flows of the Borrower and its Consolidated Subsidiaries for
such period, including in any event the capital portion of lease payments made
in respect of Capital Lease Obligations, but excluding expenditures for the
restoration or replacement of fixed assets to the extent financed by the
proceeds of an insurance policy described in clause (i) of the definition of
"Major Casualty Proceeds."

         "Consolidated Interest Expense" means, for any period, the cash
interest expense of the Borrower and its Consolidated Subsidiaries, determined
on a consolidated basis for such period, including in any event the interest
portion of payments under Capital Lease Obligations, but excluding (i) any
amortization of debt issuance costs and (ii) to the extent included in interest
expense in

                                       10