Final Financial Debt definition

Final Financial Debt means in relation to each member of the Astra Tech Group, the aggregate of: (i) all borrowings, overdrafts, loan stocks, bonds, debentures, and notes owed to any Financial Institution at the Effective Time together with accrued interest, penalties, fees and premiums; (ii) other obligations of a kind required to be included in the balance sheet of a company pursuant to IFRS as obligations for borrowed money at the Effective Time;
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Final Financial Debt means in relation to each member of the Astra Tech Group, the aggregate of: (i) all borrowings, overdrafts, loan stocks, bonds, debentures, and notes owed to any Financial Institution together with accrued interest, penalties, fees and premiums; (ii) other obligations of a kind required to be included in the balance sheet of a company pursuant to IFRS as obligations for borrowed money; (iii) capital leases; and (iv) any amounts payable in respect of bonuses or other payments made to the employees of any member of the Astra Tech Group in relation to the matters contemplated by this Agreement, in each case at the Effective Time and as calculated in accordance with schedule 5, part 2 other than: (i) indebtedness resulting from operating leases; (ii) any indebtedness arising in relation to any of the Pension Schemes; and (iii) Intra-Group Borrowings;
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Final Financial Debt means in relation to each member of the Astra Tech Group, the aggregate of: (i) all borrowings, overdrafts, loan stocks, bonds, debentures, and notes owed to any Financial Institution together with accrued interest, penalties, fees and premiums; (ii) other obligations of a kind required to be included in the balance sheet of a company pursuant to IFRS as obligations for borrowed money; (iii) capital leases; and (iv) any amounts payable in respect of bonuses or other payments made to the employees of any member of the Astra Tech Group in relation to the matters contemplated by this Agreement, in each case at the Effective Time and as calculated in accordance with schedule 5, part 2 other than: (i) indebtedness resulting from operating leases; (ii) any indebtedness arising in relation to any of the Pension Schemes; and
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Examples of Final Financial Debt in a sentence

  • For the purposes of calculating the Net Asset Value, the Final Cash Balances, the Final Financial Debt or the Intra-Group Debt (or any element of any of these calculations) the date of the conversion of the value of any asset or liability being a component of the relevant calculation shall be deemed to be the date on which the First Completion takes place.

  • Adjustment shall be the amount by which (i) the Final Financial Debt, Long-term Provisions and Intra-Group Borrowings is greater or less than (ii) the sum of the Final Cash Balance and the Intra-Group Lendings.

  • Interest Adjustment shall be the amount by which (i) the sum of the Final Financial Debt Interest and the Intra-Group Borrowings Interest is greater than or less than (ii) the sum of the Final Cash Balance Interest and the Intra-Group Lendings Interest.

  • For the purposes of calculating the Working Capital, the Final Cash Balance or the Final Financial Debt, the Long-term Provisions, the Intra-Group Borrowings or the Intra-Group Lendings (or any element of any of these calculations) the date of the conversion of the value of any asset or liability being a component of the relevant calculation shall be deemed to be the Completion Date.


More Definitions of Final Financial Debt

Final Financial Debt means, in relation to any Company, the aggregate amount (or, in the case of a Controlled Joint Venture or LPC, the JV Percentage of such aggregate amount) expressed in dollars and calculated as at 00.01 am, applicable local time, on the Closing Adjustments Date of (a) all borrowings and indebtedness (including, without limitation, by way of acceptance credits, discounting or similar facilities, finance leases, loan stocks, bonds, debentures, notes, debt or inventory financing or sale and lease back arrangements, overdrafts or any other arrangements the purpose of which is to raise money), together with accrued interest on such amounts, of that Company (as reflected in the books of that Company) owed to a Financial Institution (apart from indebtedness resulting from operating leases); (b) all amounts owed to a member of ICI's Retained Group by that Company (as reflected in the books of that Company), other than amounts representing Intra Group Trading Indebtedness and Prime Debt; and (c) the Prime Debt, but excluding all Tax Liabilities and, for the avoidance of doubt, excluding the amount of any debt created pursuant to Schedule 18 which remains outstanding;
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Final Financial Debt means in relation to each member of the Astra Tech Group, the aggregate of: (i) all borrowings, overdrafts, loan stocks, bonds, debentures, and notes owed to any Financial Institution at the Effective Time together with accrued interest, penalties, fees and premiums; (ii) other obligations of a kind required to be included in the balance sheet of a company pursuant to IFRS as obligations for borrowed money at the Effective Time; (iii) capital leases at the Effective Time; and (iv) any amounts agreed prior to the Effective Time in respect of bonuses or other payments that will be payable after the Effective Time by a member of the Astra Tech Group to an employee of any member of the Astra Tech Group in relation to the matters contemplated by this Agreement (including the Retention Bonuses), in each case as calculated in accordance with schedule 5, part 2, other than: (i) indebtedness resulting from operating leases; (ii) any indebtedness arising in relation to any of the Pension Schemes; and (iii) Intra-Group Borrowings;"
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Final Financial Debt means, in relation to any Company, the aggregate amount expressed in pounds and calculated as at the ROW Transfer Time of all borrowings and indebtedness, loan stocks, bonds, debentures, notes and overdrafts (together with all accrued interest) of that Company owed to a Financial Institution (apart from indebtedness resulting from operating leases) in each case as reflected in the books of that Company and calculated on a consistent basis with the corresponding assets and liabilities (if any) reflected in the Net Asset Statement;
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Final Financial Debt means, in relation to any Company or the Joint Venture Company, the aggregate amount expressed in dollars and calculated as at the Transfer Time of all borrowings and indebtedness, loan stocks, bonds, debentures, notes and overdrafts (together with all accrued interest) of that Company or the Joint Venture Company owed to a Financial Institution (apart from indebtedness resulting from operating leases) in each case as set out in the accounting records of that Company or the Joint Venture Company (but, for the avoidance of doubt, excluding Intra-Group Borrowings (and any interest thereon) and all Company Creditors and Joint Venture Creditors included in the Working Capital Statement) and calculated in accordance with Schedule 12 (Net Debt) and on a consistent basis with the corresponding assets and liabilities (if any) reflected in the Working Capital Statement;
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Related to Final Financial Debt

  • Net Financial Debt ’ means “Gross Financial Debt” less “cash and cash equivalents”. This measure offers to the reader a global view of the Financial Debt without considering the payment terms and reduced by the effects of the available cash and cash equivalents to face these future payments.

  • Financial Debt means a debt along with interest, if any, which is disbursed against the consideration for the time value of money and includes—

  • 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.

  • Borrower Financial Statements has the meaning assigned to such term in Section 4.4(a).

  • Total Consolidated Indebtedness means, as of any date of determination, an amount equal to the aggregate amount of all Indebtedness of the Company and its Restricted Subsidiaries, determined on a Consolidated basis in accordance with GAAP, outstanding as of such date of determination, after giving effect to any Incurrence of Indebtedness and the application of the proceeds therefrom giving rise to such determination.

  • Closing Date Indebtedness means the aggregate amount of Indebtedness, determined as of and immediately prior to the Closing.

  • 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.

  • Earn Out Obligations means, with respect to an Acquisition, all obligations of the Borrower or any Subsidiary to make earn out or other contingency payments (including purchase price adjustments, non-competition and consulting agreements, or other indemnity obligations) pursuant to the documentation relating to such Acquisition. The amount of any Earn Out Obligations at the time of determination shall be the aggregate amount, if any, of such Earn Out Obligations that are required at such time under GAAP to be recognized as liabilities on the consolidated balance sheet of the Borrower.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date that is secured on a first lien basis by assets or properties of Holdings or any Subsidiaries to (b) Consolidated EBITDA of Holdings and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

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

  • Consolidated Secured Net Debt means Consolidated Total Net Debt that is secured by a Lien on the Collateral.

  • Consolidated Indebtedness means at any time all Indebtedness of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Qualified Financial Contract means a qualified financial contract as defined in 12 U.S.C. Section 1821(e)(8)(D).

  • Net Indebtedness means, as of any date, (i) the amount of outstanding Indebtedness of the Company and its consolidated subsidiaries as of such date, minus (ii) the amount of cash and cash equivalents of the Company and its consolidated subsidiaries as of such date minus (iii) loans by the Company and its consolidated subsidiaries to its Partners or Affiliates thereof as of such date.

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

  • Intercompany Indebtedness means Indebtedness of Company or any of their respective Subsidiaries which is owing to any member of such group.

  • Closing Indebtedness means the Indebtedness of the Company that remains outstanding and unpaid as of immediately prior to the Closing.

  • Capital Market Indebtedness means any obligation for the payment of borrowed money which is, in the form of, or represented or evidenced by bonds, or other instruments which are, or are capable of being, listed, quoted, dealt in or traded on any stock exchange or in any organised market and any guarantee or other indemnity in respect of such obligation; and

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Net Debt is calculated by adding short-term and long-term debt and subtracting cash and liquid assets.

  • Consolidated First Lien Indebtedness means Consolidated Total Indebtedness as of any date of determination that is secured by a Lien on any asset or property of the Borrower and its Restricted Subsidiaries, which Lien does not rank junior in priority to the Liens securing the Secured Obligations.

  • Funded Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • First Lien Leverage Ratio means the ratio, as of any date, of (a) Consolidated First Lien Debt as of the last day of the Test Period then most recently ended to (b) Consolidated Adjusted EBITDA for the Test Period then most recently ended, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • 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.

  • Permitted Acquisition Indebtedness means Indebtedness or Disqualified Stock of the Company or any of its Restricted Subsidiaries to the extent such Indebtedness or Disqualified Stock was Indebtedness or Disqualified Stock of any other Person existing at the time (a) such Person became a Restricted Subsidiary of the Company or (b) such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, provided that on the date such Person became a Restricted Subsidiary or the date such Person was merged or consolidated with or into the Company or any of its Restricted Subsidiaries, as applicable, either