Debt Value definition

Debt Value means the average outstanding amount that 30 gives rise to the interest payable by the company, mea- sured by reference to the amounts outstanding at the start of and at the end of an income year. ExampleHoliday Home Ltd holds a holiday home with a rateable value of 35$200,000. The company has debt of $40,000, with associated interest expenditure of $4,000. Since the debt value is less than Example—continued the asset value, all the interest expenditure must be apportioned (section DG 11(3)).Boat Ltd has a charter boat that costs $60,000. The company has debt of $100,000, with associated interest expenditureof $10,000. Since the debt value is more than the asset 5value, the company must apportion interest expenditure of$6,000 (section DG 11(4)–(6)). The formula is $10,000 × ($60,000/$100,000) = $6,000.
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Debt Value means, in respect of each member of the Hazel Group, the aggregate of the amounts of Borrowings of such member of the Hazel Group as at the Effective Time;
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Debt Value means the aggregate amount of Debt as at the Calculation Time.
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Examples of Debt Value in a sentence

  • Under these scenarios, the company incurs a loss equal to the replacement value of the derivative; •a DVA (Debt Value Adjustment) is a positive amount that takes into account scenarios in which the company fails before the counterparty and the company has a negative exposure to the counterparty.

  • Debt Value 09 EBITDA 2009A 2010E 2011E 2012E 2010E 2011E 2012E Southwestern Energy Co. (SWN) 40.91 $ 14,158 $ 995 $ 15,154 $ 0.7x 1,368 $ 1,719 $ 2,268 $ 3,166 $ 8.8x 6.7x 4.8x Range Resources Corp.

  • Debt Value 09 EBITDA 2009A 2010E 2011E 2012E 2010E 2011E 2012E Southwestern Energy Co. (SWN) 39.60 $ 13,705 $ 995 $ 14,700 $ 0.7x 1,368 $ 1,884 $ 2,506 $ 3,331 $ 7.8x 5.9x 4.4x Range Resources Corp.

  • Any payment pursuant to this Clause 8 shall be made on or before ten (10) Business Days after the date on which the valuation of the Petroleum Products Stock Value Adjustment, Current Assets Value Adjustment, Capital Expenditures Value Payment and Scanraff Debt Value Adjustment process described in Schedule 8.1 is completed.

  • If a Quarterly Ratio Cure Certificate is delivered to the Trustee and the Collateral Trustee within the 45-day period following such Reference Date, then the Company will be deemed to have a Priority Lien Debt Value Ratio of at least 1.5 to 1.0 with respect to such Reference Date, and Special Interest will be deemed not to have accrued with respect to such Reference Date solely as a result of the events specified in clause (y) of the immediately preceding paragraph.

  • Capitali- Joint Four-Quarter Adjusted zation Gross Net BRI Venture Property End Date N.O.I. Rate Value Debt Value* Percentage* Discount* Value $______ ___% $____ $____ $____ ________% __________% $_______ E-11E-11 SERVICE CONTRACTS (cont d) Value of C: $___________ 2: $ _______________ * If applicable.

  • COMPARABLE COMPANIES ANALYSIS (THOUSANDS EXCEPT PER SHARE AMOUNTS) Fully Diluted Net Enterprise 1998E Share Market Debt/ Value ------------------- Debt/ Price(1) Cap.

  • Within 10 Business Days after the end of each fiscal quarter of the Company, beginning with the first fiscal quarter ending after the Release Date (the last day of each such fiscal quarter being a “Reference Date”), the Company will deliver to the Trustee and the Collateral Trustee an Officers’ Certificate demonstrating, with reasonable detail, the calculation of the Priority Lien Debt Value Ratio as of the applicable Reference Date.

  • Fr37,400,000 (original amount) 12.4% capital lease agreement between Howmet S.A. and C.C. Bail, Societe de Credit Bail Immoblier, dated December 29, 1989,re: Dives sur Mer Factory** Debt Value: Fr8,898,000 (~U.S.$1,491,000) ____________________ * The Borrower will be indemnified for 50% of any liabilities arising from these guarantees.

  • Such Officers’ Certificates will demonstrate, with reasonable detail and as of the applicable Reference Date, the calculation of (a) the Secured Debt Value Ratio (the “Secured Debt Officers’ Certificate”) and (b) for so long as any Priority Lien Debt remains outstanding, the Priority Lien Debt Value Ratio (the “Priority Lien Debt Officers’ Certificate”), respectively.


More Definitions of Debt Value

Debt Value means, in respect of each member of the Xxxxx Group, the aggregate of the amounts of Borrowings of such member of the Xxxxx Group as at the Effective Time;
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Related to Debt Value

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Debt Amount means all accrued and unpaid interest and any “make whole” payments or breakage fees (less any breakage benefits) which Project Co is obligated to pay to Lender pursuant to the Lending Agreements, together with the outstanding principal amount of debt funded under the Lending Agreements.

  • Note Value means, with respect to any day, the present value of the unpaid Scheduled Payments on the Receivables, discounted at an annual rate equal to 4.75%. For purposes of calculating Note Value, in the case of a defaulted Receivable: (a) prior to the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the Scheduled Payments on such Receivable will be computed based on the amounts that would have been the Scheduled Payments had such default not occurred; (b) at the earlier of the time at which such defaulted Receivable becomes a Repossessed Receivable or a 180-day Receivable, the amount added to the Note Value with respect to such Receivable will be the estimated realizable value of such Receivable, as determined by the Servicer in accordance with its normal servicing procedures and (c) after the time such defaulted Receivable becomes a Liquidated Receivable, and after the payment of a Purchase Amount in respect of a Purchased Receivable, there shall be deemed to be no Scheduled Payments due on such Receivable.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Capitalization Value means, at any time, the sum of (1) with respect to Real Property Businesses (other than UJVs), individually determined, the greater of (x) Combined EBITDA from such businesses (a) in the case of all Real Property Businesses other than hotels or trade show space, for the most recently ended calendar quarter, annualized (i.e., multiplied by four), and (b) in the case of hotels or trade show space, for the most recently ended four consecutive calendar quarters, in both cases, capitalized at a rate of 6.0% per annum, and (y) the Gross Book Value of such businesses; (2) with respect to Other Investments, which do not have publicly traded shares, the Net Equity Value of such Other Investments; (3) with respect to Real Property UJVs, which do not have publicly traded shares, individually determined, the greater of (x) Combined EBITDA from such Real Property UJVs (a) in the case of all Real Property UJVs other than those owning hotels or trade show space, for the most recently ended calendar quarter, annualized (i.e., multiplied by four), and (b) in the case of Real Property UJVs owning hotels or trade show space, for the most recently ended four consecutive calendar quarters, in both cases, capitalized at the rate of 6.0%, less Borrower’s Pro Rata Share of any Indebtedness attributable to such Real Property UJVs, and (y) the Net Equity Value of such Real Property UJVs (subject to the last sentence of this definition); and (4) without duplication, Borrower’s Pro Rata Share of Unrestricted Cash and Cash Equivalents, the book value of notes and mortgage loans receivable and capitalized development costs (exclusive of tenant improvements and tenant leasing commission costs), and the fair market value of publicly traded securities, at such time, all as determined in accordance with GAAP. For clarity, the parties acknowledge and agree that the calculations pursuant to clause (1)(x) and (y) and clause (3)(x) and (y) above in this definition are intended to be made on a Real-Property-Asset-by-Real-Property-Asset basis. For the purposes of this definition, (1) for any Disposition of Real Property Assets by a Real Property Business during any calendar quarter, Combined EBITDA will be reduced by actual Combined EBITDA generated from such asset or assets, (2) the aggregate contribution to Capitalization Value in excess of 35% of the total Capitalization Value from all Real Property Businesses and Other Investments owned by UJVs shall not be included in Capitalization Value, and (3) the aggregate contribution to Capitalization Value from leasing commissions and management and development fees in excess of 15% of Combined EBITDA shall not be included in Capitalization Value. To the extent that liabilities of a Real Property UJV are Recourse to Borrower or the General Partner, then for purposes of clause (3)(y) above, the Net Equity Value of such Real Property UJV shall not be reduced by such Recourse liabilities.

  • Net Value has the meaning set forth in Section 1.68(a)(ii).

  • Consolidated Senior Funded Debt means at any date the sum of: (i) Consolidated Funded Debt, minus (ii) the Subordinated Debt.

  • Total Funded Indebtedness means, at any date, the aggregate principal amount of all Funded Indebtedness of Holdings and its Restricted Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Senior Funded Debt means all Funded Debt (except Funded Debt, the payment of which is subordinated to the payment of the Notes).

  • Funded Debt means all Indebtedness of the Parent Borrower and its Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • default value means a value derived from a typical value by the application of pre-determined factors and that may, in circumstances specified in this Directive, be used in place of an actual value;’;

  • rateable value means, in relation to a rateable value premises, the rateable value of that rateable value premises as at 31 March 1990 as assessed under the 1967 Act;

  • Total Debt means, at any time, the total Indebtedness of the Borrower and the Subsidiaries at such time (excluding Indebtedness of the type described in clause (i) of the definition of such term, except to the extent of any unreimbursed drawings thereunder).

  • Fund Value means the separate account assets associated with the Variable Annuity Business.

  • Acquisition Value of the Common Stock means, for each Trading Day in the Valuation Period, the value of the consideration paid per share of Common Stock in connection with such Public Acquirer Change of Control, as follows:

  • Reference Value means the last reported sales price of the shares of Common Stock for any twenty (20) trading days within the thirty (30) trading-day period ending on the third trading day prior to the date on which notice of the redemption is given.

  • Consolidated First Lien Net Debt means, as of any date of determination, the aggregate principal amount of Consolidated Net Debt on such date that is secured by a Lien on any asset of the Borrower and its Restricted Subsidiaries as of such date, but excluding such Indebtedness to the extent secured on a junior lien basis to the Obligations.

  • Estimated Indebtedness has the meaning set forth in Section 2.3(a).

  • Consolidated Outstanding Indebtedness means, as of any date of determination, without duplication, the sum of (a) all Indebtedness of the Consolidated Group outstanding at such date, determined on a consolidated basis in accordance with GAAP (whether recourse or non-recourse), plus, without duplication, (b) the applicable Consolidated Group Pro Rata Share of any Indebtedness of each Investment Affiliate other than Indebtedness of such Investment Affiliate to a member of the Consolidated Group.

  • Adjusted Indebtedness means, at any date, the result of (a) Seller’s Indebtedness on such date, minus (b) the unpaid principal of Seller’s Subordinated Debt on such date (to the extent such Subordinated Debt is excluded from Seller’s Indebtedness in calculating Seller’s Adjusted Tangible Net Worth on such date in accordance with the definition thereof).

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.