Interest Bearing Liabilities definition

Interest Bearing Liabilities means all those liabilities that bear interest among the liabilities in the Consolidated Statement of Financial Position. Figures in the Consolidated Statement of Cash Flows are used for the amount of interest paid.

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Interest Bearing Liabilities means the amount of all liabilities of the Group which would, in accordance with U.S. Accounting Requirements, be classified as interest bearing liabilities (including, without limitation, pension liabilities, but excluding capitalised leasing obligations which would not constitute interest bearing liabilities on the basis of Reference Accounting Requirements);

Interest Bearing Liabilities means the Group Companies’ debts and liabilities under the line items set forth in Appendix 1S; “Key Employee” means the persons listed in Appendix 1KE;

Examples of Interest Bearing Liabilities in a sentence

• Buyer shall be jointly and severally liable with the concerned companies in the Group for any indebtedness to Seller's Affiliates resulting from such factoring arrangements which shall be payable in accordance with their existing terms, if, but only if, such factoring arrangements constituted Interest Bearing Liabilities and as such were deducted from the Purchase Price under Section 4.1 (b) hereof.

• Buyer shall at the Closing in exchange for delivery of the Shares pay in cash to Seller a preliminary purchase price in the amount of SEK 2,665,515,000 (i.e. the price offered by Buyer cash free, debt free for the Shares plus Liquid Assets as set forth in the Pro Forma Balance Sheet (SEK 421,929,000) minus Interest Bearing Liabilities as set forth in the Pro Forma Balance Sheet (SEK 981,414,000) (the "Preliminary Purchase Price").

• Adjusted Net Debt means at any time Interest Bearing Liabilities less Consolidated Cash and Cash Equivalents and less (to the extent included in the Interest Bearing Liabilities) Shareholder Loans.

• Notwithstanding the foregoing, the Group Companies will not after Closing be or become liable to pay any further Taxes attributable to the period ending on or before the Closing Date, other than as will be accounted for in the Closing Accounts as Interest Bearing Liabilities.

More Definitions of Interest Bearing Liabilities

Interest Bearing Liabilities means the amount of all liabilities of the Group which would, in accordance with U.S. Accounting Requirements, be classified as interest bearing liabilities (including, without limitation, pension liabilities, but excluding capitalised leasing obligations which would not constitute interest bearing liabilities on the basis of Reference Accounting Requirements). "Liquid Investments" means the aggregate amount of: (a) any credit balances on any bank or other deposit, savings or current account of a member of the Group; cash in hand of a member of the Group; and marketable securities beneficially held by a member of the Group. "Net Interest Bearing Debt" means Interest Bearing Liabilities less Liquid Investments. "Net Interest Expense" means, during any period ending on the date as at which a Balance Sheet is drawn up, the consolidated amount of interest expense of the Group during that period in accordance with Accounting Requirements, as shown in the Statement of Income delivered with that Balance Sheet, but in the case of a Statement of Income delivered under Clause 19.2(b) or (c) (Financial information) for an interim period, after adding: (i) interest expense of the Group for the immediately preceding financial year of the Group; less; (ii) interest expense of the Group for the corresponding interim period during that preceding financial year of the Group, in each case net of any interest income received or receivable by the Group during the same period. "Operating Profit" means, during any period ending on the date as at which a Balance Sheet is drawn up, the consolidated revenues of the Group during that period less operating costs and less any depreciation, but before amortisation of intangibles (including impairment write-offs), as shown in the Statement of Income delivered with that Balance Sheet as operating profit, but in the case of a Statement of Income delivered under Clause 19.2(b) or (c) (Financial information) for an interim period, after adding: (i) Operating Profit of the Group for the immediately preceding financial year of the Group; less (ii) Operating Profit of the Group for the corresponding interim period during that preceding financial year of the Group. "Reference Accounting Requirements" means the U.S. GAAP as applied to and used in connection with the Original Group Accounts. "Statement of Income" means at any time, the profit and loss account forming part of the latest consolidated accounts of the Group (whether audited or unaud...

Interest Bearing Liabilities means the Group Companies’ debts and liabilities under the line items set forth in Appendix 1S;