Common use of Net Debt Clause in Contracts

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);

Appears in 2 contracts

Sources: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)