Gross Borrowings definition

Gross Borrowings means all indebtedness incurred in respect of borrowed ---------------- money (together with any fixed premium on repayment) of the Borrower and its Subsidiaries (or, where the Financial Covenants are expressed in the Offer Letter to apply to the Parent and its Subsidiaries, the Parent and its Subsidiaries) and shall be deemed to include (without limitation):
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Gross Borrowings means, at any time the aggregate of all obligations of the Company for the repayment of money, whether present or future, actual or contingent incurred in respect of:
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Gross Borrowings means the aggregate outstanding principal under medium-long term facilities granted to finance the investments in the integrated water service sector as resulting from the contabilità separata envisaged by the laws and regulations from time to time in force.
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Examples of Gross Borrowings in a sentence

  • Gross Borrowings: borrowings including: bonds, notes, loan stock and debentures redeemable shares obligations under finance leases factoring and invoice discounting other obligations with the commercial effect of borrowing.

  • Debt Service Liability: Borrowing Costs Paid plus scheduled repayments of Gross Borrowings.

  • Paid: interest and costs (paid, due to be paid or capitalised) to service Gross Borrowings including the effect of amounts paid and received under interest rate hedging related to Gross Borrowings.

  • Gross Leverage: Gross Borrowings to EBITDA for each financial year must not exceed 10.00 to 1.

  • Gearing: Gross Borrowings must not exceed 10% of Net Tangible Assets on the last day of each financial year.

  • Borrowing Costs: interest and costs (accrued, payable or capitalised) to service Gross Borrowings including the effect of amounts payable and receivable under interest rate hedging related to Gross Borrowings.

  • Borrowing Costs Paid: interest and costs (paid, due to be paid or capitalised) to service Gross Borrowings, including the effect of amounts paid and received under interest rate hedging related to Gross Borrowings.

  • Working Capital: current assets (after deducting cash at bank and in hand and corporation and deferred tax assets) less creditors due within 1 year (after deducting Gross Borrowings due within 1 year, Dividends and corporation tax payable).

  • The Borrower shall procure that the aggregate Gross Borrowings, net of Cash and Cash Equivalents and Marketable Securities (each as defined in Note 16.1 of the Original Financial Statements), owed by all Material Subsidiaries shall not at any time exceed 20 per cent.

  • The following definitions apply to the Financial Covenants: Borrowing Costs: interest and costs (accrued, payable or capitalised) to service Gross Borrowings, including the effect of amounts payable and receivable under interest rate hedging related to Gross Borrowings.


More Definitions of Gross Borrowings

Gross Borrowings means at any time the aggregate of all obligations of the Borrower for the repayment of money, whether present or future, actual or contingent incurred in respect of:- (i) money borrowed from all sources; (ii) any bonds, notes, loan stock, debentures or similar instruments; (iii) acceptance credits, bills of exchange or documentary credits; (iv) shares issued on the basis that they are or may become redeemable (at redemption value); ( (v) gross obligations under finance leases; (vi) the factoring of debts; (vii) guarantees, indemnities or other assurances against financial loss; and (viii) amounts raised or obligations incurred in respect of any other transaction which has the commercial effect of borrowing
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