Balance Sheet Debt definition

Balance Sheet Debt means, collectively, (a) all liabilities of the Borrower and its consolidated Restricted Subsidiaries which are required to be listed as a liability on its balance sheet in accordance with GAAP plus (b) to the extent not otherwise listed as a liability on its balance sheet, the unamortized debt discount associated with senior notes or convertible debt.
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Balance Sheet Debt means all Funded Indebtedness of the Borrower and the Consolidated Subsidiaries less any amount of any Indebtedness incurred and outstanding in relation to the Permitted Receivables Financing, any Guaranty Obligations, and any Letters of Credit (to the extent any such Indebtedness would otherwise constitute Funded Indebtedness).
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Balance Sheet Debt means the indebtedness for borrowed money of the Acquired Companies determined in accordance with GAAP and Agreed Principles.
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Examples of Balance Sheet Debt in a sentence

  • Have at the end of each fiscal quarter a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of (i) not more than 5.35 to 1.0 for the period ending December 31, 2000, (ii) not more than 4.85 to 1.0 for the period from and after March 31, 2001, and (iii) not more than 4.50 to 1.0 for the period from and after December 31, 2001.

  • Have at the end of each fiscal quarter a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of (i) not more than 4.85 to 1.0 from and after December 31, 2000, and (ii) not more than 4.50 to 1.0 from and after December 31, 2001.

  • The Borrower will not permit the ratio, as of the end of any fiscal quarter, of (i) its Consolidated Current Assets, TO (ii) the sum of (x) its Current Consolidated Liabilities, PLUS (y) its Consolidated Total Senior Balance Sheet Debt, to be less than 1.50 to 1.00.

  • The Cash Portion payable pursuant to Section 2.1(i)(a) shall be reduced by any debt reflected on the Estimated Closing Balance Sheet ("Debt") and any shortfall in Working Capital reflected on the Estimated Closing Balance Sheet.