External Debt definition

External Debt means obligations (other than the Notes) of, or guaranteed by, the Republic for borrowed money or evidenced by bonds, notes or other similar instruments denominated or payable, or those which at the option of the holder thereof are so denominated or payable, in a currency other than the local currency of the Republic.

External Debt means any debt payable in any medium other than local currency whether such debt is or may become payable absolutely or at the option of the creditor in such other medium;

External Debt means any Debt which is denominated or payable, or which at the option of the holder thereof may be payable, in a currency other than Bolívares.

Examples of External Debt in a sentence

• The Authorised Limit for External Debt – A further key prudential indicator represents a control on the overall level of borrowing.

• The Authorised Limit for External Debt is the affordable borrowing limit determined in compliance with the Local Government Act 2003.

• Operational Boundary Authorised Limit for External Debt: The authorised limit is the affordable borrowing limit determined in compliance with the Local Government Act 2003.

• The Authorised Limit for External Debt – This represents a limit beyond which external debt is prohibited, and this limit needs to be set or revised by full Council.

• It is the policy of the Bank, in making loans to, or with the guarantee of, its members not to seek, in normal circumstances, special security from the member concerned but to ensure that no other External Debt shall have priority over its loans in the allocation, realization or distribution of foreign exchange held under the control or for the benefit of such member.

More Definitions of External Debt

External Debt means any debt which is or may become payable in a medium other than the Currency of the Member.

External Debt means any debt payable in any medium other than currency which at the time in question is legal tender for the payment of private and public debt in Malaysia whether such debt is payable absolutely or at the option of the creditor in such other medium.

External Debt means all obligations of any person, and all guarantees or indemnities by any person (whether by contract, statute or otherwise), for or in respect of borrowed money or evidenced by bonds, trust certificates, debentures, notes or similar instruments which, in each case, (1) have an original maturity in excess of one year and (2) are denominated or payable, or which, at the option of the holder thereof, may be payable, in a currency other than the currency of Hong Kong or by reference to a currency other than the currency of Hong Kong;

External Debt means any loan or debt (including any Shari'ah-compliant debt or financing) of Bahrain (whether entered into directly or indirectly by the Issuer) which:

External Debt means any debt which is or may become payable other than in the currency of Kosovo.”;

External Debt means any debt which is or may become payable in a Currency other than the Currency of the Recipient.

External Debt means any obligation for the payment or repayment of money borrowed which is denominated in a currency other than the currency of the Republic of Korea (“Korea”);