Net Debt. Corresponds to the balance of a loss account including: on the debit side : • the amount of the invoices, covered under this contract, issued for the goods sold or services performed, including, as appropriate: ♦ the VAT, if this tax is covered under this contract, ♦ any interest payable up to the due date, but none that accrues thereafter, ♦ the packing, transport, insurance costs and any taxes owed by the buyer, with the exclusion of any interest for late payment and any penalties or damages; on the credit side : • the amount of any recoveries received by you or by us up to the date of drawing up of the loss account and the total amount of the expenses that you did not have to pay as a result of the loss.
Net Debt. The Company shall use its reasonable best efforts to cause its Net Debt immediately prior to the Effective Time to be not greater than (i) $217,000,000 if the Effective Time shall occur on or after August 31, 2009 but before September 30, 2009, (ii) $205,000,000 if the Effective Time shall occur on or after September 30, 2009 but before November 30, 2009, (iii) $204,000,000 if the Effective Time shall occur on or after November 30, 2009 but before December 31, 2009, (iv) $197,000,000 if the Effective Time shall occur on or after December 31, 2009 but prior to January 31, 2010 and (v) $192,000,000 if the Effective Time shall occur on or after January 31, 2010; provided, however, that the amount of Net Debt shall not include any amounts relating to any transition or integration costs incurred by the Company at the request of Parent after the satisfaction of the condition set forth in Section 7.1(c). The term “Net Debt” of the Company and its subsidiaries shall mean (A) all amounts outstanding under the Senior Credit Agreement and the Subordinated Credit Agreement less (B) any cash or marketable securities held by the Company and its subsidiaries.
Net Debt. As of May 17, 2016, the Company’s Net Debt does not exceed $188.2 million.
Net Debt. (a) As soon as practicable, but in no event later than ninety (90) days following the Closing Date, Newco shall, on a basis consistent with GAAP prepare and deliver to each of SBC and BellSouth a statement showing the calculation of the Closing Net Debt (the "Calculation"). The Calculation shall separately set forth the SBC Closing Net Debt and BellSouth Closing Net Debt.
Net Debt. The Company's net external debt shall not exceed $14 million. For purposes of this Agreement, net external debt shall include all overdrafts, borrowings, indebtedness for borrowed money, loans, debt, hire purchase, finance leases and similar commitments to third parties (other than trade payables, accrued payroll and related benefits, accrued charges relating to restructuring or related activities, other accrued expenses and income taxes payable, incurred in the ordinary course of business consistent with past practice) owed by the Company or its Subsidiaries to any person other than the Company or its Subsidiaries less all cash balances held by the Company or its Subsidiaries with any person other than the Company or its Subsidiaries. Any reduction in cash balances arising from restructuring actions taken prior to closing, upon the mutual agreement of Company and Parent, evidenced by the prior written consent of Parent that such actions are to be excluded from the calculation of net external debt, shall be excluded from the calculation of net external debt.
Net Debt. The Company shall procure that the Consolidated Net Indebtedness is not on each Testing Date greater than:
Net Debt. As of May 31, 2018, Baytex Net Debt was not greater than $1.8 billion.
Net Debt. As of May 31, 2018, Raging River Net Debt was not greater than $310 million.
Net Debt. Section 1.2 Net Proceeds............................................................Section 7.12
Net Debt. Aggregate sum of the balance of the consolidated onerous debts of the INTERVENING PARTY, including loans and financings, mutuums, issuance of fixed-income securities, promissory notes, and debentures, whether convertible or not, in the local or international capital market, as well as the sale or assignment of future receivables, if they are accounted for as obligations, and other indebtedness financial transactions of the company recorded in current and non-current liabilities less Cash and Cash Equivalents (cash and financial investments);
