Long-Term Debt definition

Long-Term Debt means debt repayable over a period exceeding one year;
Long-Term Debt means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.
Long-Term Debt means Debt that by its terms matures on a date more than 12 months after the date it was created or Debt that the obligor may extend or renew without the obligee’s consent to a date more than 12 months after the Debt was created.

Examples of Long-Term Debt in a sentence

  • The General Long-Term Debt Account Group – used to account for all long-term debt except that accounted for in proprietary funds.

  • The Company’s Long-Term Debt must not be greater than twice its Equity.

  • The operator’s Long-Term Debt will be the same as that which would have otherwise been imposed on the owner as operator under paragraph (f)(1)(ii) of this sec- tion.

  • Long-Term Debt Governmental Activities (Continued) Loans Payable The County entered into a loan agreement with the Minnesota Pollution Control Agency for funding Clean Water Partnership projects in the Blue Earth River Watershed.

  • Long-Term Debt The Company’s long-term debt at December 31, 2007 and 2006 is summarized as follows:(in millions)20072006Convertible Debentures$172.5$172.5Coltec Senior Notes3.13.1Industrial revenue bonds9.69.6Other note payable0.50.5 185.7185.7Less current maturities of long-term debt3.6– $182.1$185.7 The Company’s primary U.S. operating subsidiaries have a senior secured revolving credit facility with a group of banks.


More Definitions of Long-Term Debt

Long-Term Debt means indebtedness that matures more than one year after the date of determination thereof.
Long-Term Debt means payment obligations of indebtedness which mature more than twelve months from the date of determination, or mature within twelve months from such date but are renewable or extendible at the option of the debtor to a date more than twelve months from the date of determination.
Long-Term Debt means senior, unsecured, long-term-debt securities of the Company.
Long-Term Debt means indebtedness for borrowed money of the Company with a maturity of one year or more and includes indebtedness incurred under Capital Leases.
Long-Term Debt. ’ shall mean the total of all amounts included in the long-term debt of the Borrower pursuant to RUS Accounting Requirements.
Long-Term Debt means any note, bond, debenture or other similar evidence of indebtedness of money borrowed having a maturity of more than one year from the date such evidence of indebtedness was incurred or having a maturity of less than one year but by its terms being renewable or extendible, at the option of the borrower beyond one year from the date such evidence on indebtedness was incurred.
Long-Term Debt means at any date any Consolidated Debt which matures (or the maturity of which may at the option of the Borrower or any Consolidated Subsidiary be extended such that it matures) more than one year after such date.