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):
Sample 1
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
Sample 1
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.
Sample 1

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.

  • Gross Borrowings from Non-U.S. Offices of Other Depository Institutions and from Certain Designated Non-U.S. Entities (Worksheet Item 1) Enter in this item all outstanding borrowings by the reporting institution that were obtained from A.

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

  • Hence, peers using these applications will be able to talk with each other and finally reach an agreement which is trusted even though no central authority has been used.As shown in Fig.

  • 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.

  • 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.

  • The star values are assigned as two graded values, where each star rating has an opposite pair.

  • Regarding trade between Member States, the Commission notes that intra-Union trade should be considered affected once a national measure reinforces the position of an undertaking as regards its competitors.

  • 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).


More Definitions of Gross Borrowings

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:
Sample 1

Related to Gross Borrowings

  • Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:

  • Subsequent Borrowings has the meaning assigned to such term in Section 2.19.

  • Borrowings means, at any time, the outstanding principal, capital or nominal amount and any fixed or minimum premium payable on prepayment or redemption of any indebtedness for or in respect of:

  • Revolving Loans has the meaning set forth in Section 2.1(a).

  • Canadian Revolving Loans means the Loans extended by the Canadian Revolving Lenders to the Canadian Borrower pursuant to Section 2.01(b).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Revolving Credit Advances has the meaning assigned to such term in Section 2.1.

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans of the same Class.

  • Canadian Borrowing means a Borrowing of Canadian Loans.

  • Revolving Credit Loans as defined in Section 2.1.

  • Canadian Prime Rate Loans means Loans for which the applicable rate of interest is based upon the Canadian Prime Rate.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Revolving Borrowing means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Lenders pursuant to Section 2.01(b).

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Eurodollar Revolving Borrowing means a Borrowing comprised of Eurodollar Revolving Loans.

  • Swingline Loans as defined in Section 2.6.

  • U.S. Revolving Loans has the meaning set forth in Section 2.1(a).

  • Revolving Loan Outstandings means, at any time of calculation, (a) the then existing aggregate outstanding principal amount of Revolving Loans, and (b) when used with reference to any single Lender, the then existing outstanding principal amount of Revolving Loans advanced by such Lender.

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • Canadian Loans means, individually and collectively as the context may require, the Canadian Revolving Loans, the Canadian Swingline Loans, the Canadian Overadvances and the Canadian Protective Advances.

  • Other Revolving Loans means the Revolving Loans made pursuant to any Other Revolving Commitment.

  • Revolving Advances means Advances made other than Letters of Credit.

  • Revolving Credit Advance means an advance by a Bank to a Borrower as part of a Revolving Credit Borrowing and refers to a Base Rate Advance or a Eurocurrency Rate Advance, each of which shall be a “Type” of Advance.

  • Refunded Swingline Loans as defined in Section 2.7(b).