Net Cap definition

Net Cap means – the Adjusted Balance Sheet Equity of the Company according to its last consolidated annual financial statements or last consolidated quarterly financial results published before the day of calculation, with the addition of the Net Financial Debt.

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Net Cap means adjusted net financial debt in addition to the Consolidated Equity Capital of the Company (including minority rights).

Net Cap means – the Balance Sheet Equity of the Company according to its last consolidated annual financial statements or last consolidated quarterly financial results published before the day of calculation, with the addition of the Net Financial Debt.

Examples of Net Cap in a sentence

• Class C Net Cap Receipts shall be deposited by the Trustee in the Collection Account on the date such Class C Net Cap Receipts are paid and shall be treated as Collections of Finance Charge Receivables allocated to the Series 2007-1 Certificates and available to be applied as Class C Available Funds.

• Net Cap Carryover Amounts: As to any Distribution Date and each of the Offered Certificates, any Cap Carryover Amounts remaining for such date and Class after application of amounts received under the Swap Agreement.

• On or before the first Advance Date, the Indenture Trustee shall establish, for the benefit of the Class A Noteholders, to the extent of their interests therein as provided herein, the Collection Account, the Reserve Account and the Net Cap Rate Reserve Account.

• Amounts in the Reserve Account, the Net Cap Reserve Account and the Collection Account shall be invested and reinvested by the Indenture Trustee in Eligible Investments.

• Any funds remaining in the Collection Account, the Reserve Account and the Net Cap Rate Reserve Account after the Final Payout Date shall be paid to the Issuer.

• Net Cap Rate Reserve Account............................................29 SECTION 3.06.

More Definitions of Net Cap

Net Cap the Equity of the Company (as defined above) plus Net Financial Debt (as defined above).

Net Cap. Total Shareholders’ Equity (including minority interest( plus Accumulated Depreciation plus Net Financial Debt, all according to the Company’s most recent Financial Statements, “EBIDTA” - net profit/loss plus interest, taxes, depreciation, amortization, profit and loss from the change in fair value of securities as well as the profit or loss from the sale of securities, calculated according to the four quarters ended at the date of the applicable Financial Statements, all in accordance with the Company’s Financial Statements. 2 The Company confirms that it is not subject to restrictions on dividend distributions, except for restrictions under applicable law.