Actual Debt definition
Actual Debt has the meaning set forth in Section 2.4(b).
Actual Debt means the Debt as calculated and determined in accordance with Schedule 7 (Completion Accounts);
Actual Debt means the indebtedness of the Debt Finance Recipient under the Debt Financing Documents (without any double counting).
Examples of Actual Debt in a sentence
The Borrower will not at any time permit the Actual Debt Service Coverage Ratio to be less than or equal to 2.00 to 1.00.
The Borrower will not at any time permit the Unencumbered Pool Actual Debt Service Coverage Ratio to be less than 2.00 to 1.00.
Actual Debt Expenses shall be reported at the end of the FISCAL YEAR in which the reimbursement occurs, and such Debt Expenses will be charged against applicable Expenditure Plan line item reimbursement limits.
The ratio of Adjusted Net Operating Income from the Unencumbered Pool, divided by the Actual Debt Service Amount.
Maintain an Actual Debt Service Coverage Ratio of not less than 1.50 to 1 with respect to the Mortgaged Properties.
More Definitions of Actual Debt
Actual Debt means the indebtedness of the PPP Cos and FinCo under the Debt Financing Documents (without any double counting).
Actual Debt means the aggregate indebtedness of Group Members under the Finance Documents, excluding any indebtedness to Related Bodies Corporate that is in the nature of, or identified in the Financial Model as being, equity funding. Additional EWL Infrastructure means:
Actual Debt means the total amount of Debt, as finally determined in accordance with Clause 4.
Actual Debt means the aggregate Debt as set out in the Summary Statement;
Actual Debt means the aggregate Indebtedness in relation to the Undertaking as on the Closing Date;
Actual Debt means the aggregate amount of indebtedness of the Group for borrowed monies, indebtedness evidenced by any note, bond, debenture or other debt security, the deferred purchase price of property or services, and for finance and/or capitalized leases, liabilities arising under the Profit and Loss Sharing Agreement and liabilities arising in respect of interest rate and currency swap arrangements (if any), including all interest accrued thereon, and including any guarantee of the foregoing, and including Intra-Group Payables, but excluding current trade creditors, (provided that only 61.09 per cent. of any such amounts shall be taken account of for the purposes of this definition where such amounts relate to Corus Tianjin) in each case as at close of business on the Completion Date, and calculated in accordance with clause 8 (Completion Accounts), and determined in accordance with IFRS consistently applied, as set out in the Statement, for the avoidance of doubt expressed as a positive number;
Actual Debt means Debt as at close of business on 31 December 2011 as shown in the Completion Accounts (and, for the avoidance of doubt, taking into account any adjustments referred to in Part A of Schedule 7); Action has the meaning given to that term in clause 1.2(i);