Internal Debt definition

Internal Debt means the stock of domestic debt owed by the Recipient to private domestic creditors, as determined pursuant to procedures satisfactory to the Association, and confirmed through an independent audit in January, 2004.
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Internal Debt or “internal borrowings” means borrowings from sources inside China; and “direct”, when used with reference to any debt or borrowings (e.g., “direct debt”), means debt incurred directly by the central government in the name of China.
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Internal Debt means the Borrower’s local debt or debt which is or may become payable in Local Currency;
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Examples of Internal Debt in a sentence

  • Internal Debt Settlement Support the Recipient in completing the settlement of its Internal Debt, through payment of Internal Debt Tranches including related services and audits.

  • Immediately following the Internal Debt Repayment, KFG may transfer to Parent the Splitco Securities in exchange for the retirement of outstanding intercompany debt (the “Internal Debt Exchange”).

  • The parties hereto intend that none of the transactions set forth in this Article 2 shall become effective unless all of such transactions become effective (other than the Internal Debt Exchange, if the Internal Debt Exchange is not applicable, and the External Debt Exchange, if the External Debt Exchange is not applicable).

  • Immediately following the Internal Debt Repayment, KFG may cause the Internal Debt Exchange to be effected as set forth in Section 6.3.

  • Immediately following the Internal Spin, KFG shall cause the Internal Debt Repayment to be effected as set forth in Section 6.2.

  • Subject to and in accordance with applicable law, Parent (or its Board of Directors) shall determine the Distribution Date with respect to the Distribution, which shall follow the Internal Spin, the Internal Debt Repayment and the Internal Debt Exchange.

  • For the purpose of Part B of the Project, the Recipient shall cause UCOP to enter into and maintain throughout the life of the Project: (a) an agreement with the Paying Bank, and (b) an agreement with the Internal Debt Tranches Auditor, all in form and substance satisfactory to the Association.

  • Following the Internal Spin and the Internal Debt Repayment and Internal Debt Exchange, if applicable, and on the Distribution Date, Parent shall cause the Distribution to be effected, as set forth in Article 6.

  • Seller shall, and shall cause the Company to, use commercially reasonable best efforts to cause the DK Group Internal Debt to be settled on or prior to the Closing Date, in accordance with the step plan attached hereto as Appendix G, as it may be amended by Seller prior to the Closing Date with the written approval of Purchaser, which approval shall not be unreasonably withheld, conditioned or delayed (as so amended, the “Step Plan”).

  • The Recipient shall have an audit of the payment of each Internal Debt Tranche made under Part B of the Project carried out according to terms and reference satisfactory to the Association as set forth in the Project Manuals, by auditors acceptable to the Association, no later than 45 days after the payment of each such Internal Debt Tranche.


More Definitions of Internal Debt

Internal Debt means the debt as identified in the Stock of Debt (as hereinafter defined);
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Related to Internal Debt

  • External Debt means obligations (other than the Notes) of, or guaranteed by, the Republic for borrowed money or evidenced by bonds, notes or other similar instruments denominated or payable, or those which at the option of the holder thereof are so denominated or payable, in a currency other than the local currency of the Republic.

  • External Indebtedness means Indebtedness which is payable, or at the option of its Holder may be paid, (i) in a currency or by reference to a currency other than the currency of Mexico, (ii) to a person resident or having its head office or its principal place of business outside Mexico and (iii) outside the territory of Mexico.

  • Public External Indebtedness means any External Indebtedness which is in the form of, or represented by, notes, bonds or other securities which are for the time being quoted, listed or ordinarily dealt in on any stock exchange.

  • Internal Restructuring shall have the meaning set forth in Section 7.02(f) of this Agreement.

  • Internal Purposes means distribution of packages to Licensee’s own systems and employees.