Debt Interest definition

Debt Interest means an amount equal to the sum of net debt of the Corporation (defined as funded debt plus the average outstanding revolver balance pursuant to the Corporation’s five-year business plan net of cash as of the Original Issue Date) and the value of minority interests of the Corporation as of the Original Issue Date.
Debt Interest refers to any interest created when a lender lends to a borrower, which can arise from arrangements such as a simple loan, bond issue or note issue. Updated on: 22 April 2019
Debt Interest means an interest as a holder of indebtedness, which indebtedness (1) is not convertible or exchangeable for equity, (2) has no voting rights on matters submitted to the stockholders of the issuer of such indebtedness (including the election of directors), and (3) does not result in ▇▇▇▇▇▇▇ or its Affiliates being deemed to be an Affiliate of the issuer of such indebtedness.

Examples of Debt Interest in a sentence

  • If any item(s) remain unpaid by that due date charges will apply, in accordance with s5A and/or s6 of the Late Payment Commercial Debt (Interest) Act 1998 or any subsequent enactment.

  • If any item(s) remain unpaid by that due date charges will apply, in accordance with s5A and/or s6 of the Late Payment Commercial Debt (Interest) ▇▇▇ ▇▇▇▇ or any subsequent enactment.

  • All financial or accounting calculations or determinations required pursuant to this Agreement shall be made, and all references to the financial statements of the Borrower, Adjusted EBITDA, Senior Secured Debt, Total Debt, Interest Expense, Consolidated Total Assets and other such financial terms shall be deemed to refer to such items, unless otherwise expressly provided herein, on a consolidated basis for the Borrower and its Subsidiaries.

  • Separate accounts shall be kept by the Commonwealth for each State in respect of Debt, Interest, and Sinking Funds.

  • The Calculation Agent will also specify to the Issuer the quotations upon which the foregoing rates and amounts are based, and in any event the Calculation Agent shall notify the Issuer before 5:00 p.m. (New York time) on every Interest Determination Date if it has not determined and is not in the process of determining any such Interest Rate or Debt Interest Amount together with its reasons therefor.

  • All financial or accounting calculations or determinations required pursuant to this Agreement shall be made, and all references to the financial statements of the Company, Adjusted EBITDA, Senior Secured Debt, Total Debt, Interest Expense, Consolidated Total Assets and other such financial terms shall be deemed to refer to such items, unless otherwise expressly provided herein, on a consolidated basis for the Company and its Subsidiaries.

  • The Project Debt Interest Cost will be adjusted once on, or within the 2 Business Days immediately prior to, Financial Close on the basis of the actual increase or decrease in the Project Debt Interest Cost resulting directly from any change upward or downward in the Interest Reference Rate as compared to the Interest Reference Rate as at the RFP Submission Deadline.

  • If the invoice is not paid, in full, within 30 days The Photographer reserves the right to charge interest at the rate prescribed by the Late Payment of Commercial Debt (Interest) Act 1998 from the date payment was due until the date payment is made.

  • All references to the financial statements of the Borrower and to its Net Income, Operating Cash Flow, Senior Debt, Total Debt, Interest Expense, Pro Forma Debt Service, and other such terms shall be deemed to refer to such items of the Borrower and the Restricted Subsidiaries, on a fully consolidated basis.

  • Project Co represents and warrants that the Project Debt Interest Cost as set out in the RFP Submission is based upon the Interest Reference Rate.


More Definitions of Debt Interest

Debt Interest means the debt instruments issued pursuant to the Long Term Commercial Loan Contracts, dated as of December 26, 2000 (the "Long Term Loan Contracts"), and currently held by the Parties hereto and any additional debt instruments, except the New Shareholder Debt Interest, issued pursuant to the terms hereof to the Parties.
Debt Interest or “Debt Interests” means the sums advanced by the Company to a Borrower by
Debt Interest means an interest (whether present or future) of a Financier under any of the AUD Facilities (other than the Australian WC Facility or a Funding Portion provided or to be provided to the US Borrower under Facility E), including any participation in a Funding Portion provided under an AUD Facility (other than the Australian WC Facility or a Funding Portion provided or to be provided to the US Borrower under Facility E);
Debt Interest means any debt interest issued in favor of a Party and outstanding in SETA from time to time, including any debt interest issued after the date hereof.

Related to Debt Interest

  • Asset Interest is defined in Section 2.1(b).

  • Net Interest means interest earned on a prearranged

  • Class X Interest The regular interest in the Class X REMIC represented by the Class X Certificates as specified and described in the Preliminary Statement and the related footnote thereto.

  • Current Interest With respect to each Class of Certificates and any Distribution Date, the aggregate amount of interest accrued at the applicable Certificate Interest Rate during the related Accrual Period on the Class Principal Amount or Class Notional Amount, as applicable, of such Class prior to any distributions of principal, allocations of Realized Losses or allocations of Certificate Writedown Amounts prior to such Distribution Date.

  • Class R-I Interest The uncertificated Residual Interest in REMIC I.