Sunoco 2013 Annual Report Download - page 280

B–3
For the Fiscal Quarter/Year ended _______________ ("Reporting Date")
SCHEDULE 2
to the Compliance Certificate
($in 000’s)
I. Section 7.10 – Leverage Ratio.
A. Consolidated Funded Indebtedness outstanding on the
Reporting Date: $
B. Consolidated EBITDA for the four Fiscal Quarter period
ending on the Reporting Date ("Subject Period"):
1. Consolidated Net Income for Subject Period (adjustments
made as described on the attached schedules for (a)
any gain or loss from the sale of assets other than in
the ordinary course of business, (b) any extraordinary
gains or losses, (c) any non-cash gains or losses
resulting from mark to market activity as a result of
FASB ASC 815, (d) net income of any Subsidiary to
the extent, but only to the extent, that the declaration
or payment of cash Distributions by such Subsidiary
of such net income is not, as of the date of
determination, permitted by the operation of the
terms of its charter or any Contractual Obligation,
judgment, decree, order, statute, rule or
governmental regulation applicable to such
Subsidiary, and (e) income or losses attributable to
(i) Unrestricted Subsidiaries, their subsidiaries and
Equity Interests owned by them in other entities, (ii)
unconsolidated Subsidiaries, (iii) Joint Ventures, and
(iv) any Person accounted for by the equity method
of accounting, or any other Person that is not a
Subsidiary, provided that Consolidated Net Income
shall include any cash distributions received by the
Guarantor or its Subsidiaries from (I) Unrestricted
Subsidiaries, their subsidiaries and Equity Interests
owned by them in other entities, (II) unconsolidated
Subsidiaries, (III) Joint Ventures, or (IV) any Person
accounted for by the equity method of accounting,
or any other Person that is not a Subsidiary, in each
case during such period:
$
2. Pro forma adjustment or cash distributions that would
have been made to the Guarantor or its Subsidiaries
as if any disposition, acquisition, consolidation or
merger involving a Person described in clause (e) of
paragraph 1 above had occurred on the first day of
the Subject Period, as described on the attached
schedules:
$
3. Consolidated Interest Expense for Subject Period: $