Net Debt Position definition

Net Debt Position means a balance calculated in respect of a month with reference to PS Notified Debt and Recoveries in accordance with Condition 2A.3.4.3 and in respect of which a Debt Payment or Debt Repayment may be made; “Non Annual Capacity Product” means a Capacity Product for a period shorter than a Gas Year that provides for capacity to be made available in a Gas Year; “Non Payment Month” means a month in which a relevant PS Non-Payment occurred; “Oversubscription Capacity” or “OS Capacity” means in respect of a given time, an amount of additional capacity (in kWh/day) (not exceeding the Entry Point Additional Capacity) which is available for allocation on a firm basis or is allocated on a firm basis at an Entry Point, for a duration of one Day as a result of the availability of Entry Point Additional Capacity and as determined in accordance with the OS Scheme and the Network Code; “OS Charging Statement” has the meaning given in the OS Conditions; “OS Conditions” means Condition 2A.2.1.11 to Condition 2A.2.1.21; “OS Procedure” has the meaning given to it in the OS Conditions; “OS Scheme” has the meaning given to it in the OS Conditions; “OS Services” has the meaning given in the OS Conditions; “Postalised Charges” means the Forecast Postalised Charges and/or the Year-End Postalised Charges as the case may be; “Postalisation Conditions” means the Conditions in Part 2A and the OS Conditions; “Postalised System” or “PS” means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 in force at such time;
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Net Debt Position means the difference between the Indebtedness for Borrowed Money from banking institutions of the Company and the 1998 Consolidated Entities) and the book cash position of the Company and the 1998 Consolidated Entities; provided, that no more than DM3 million of the consolidated book cash utilized in such calculation shall be attributable to ▇▇▇▇▇, Inc.
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Net Debt Position means a balance calculated in respect of a month with reference to
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Examples of Net Debt Position in a sentence

  • To the extent an amount with respect to any asset or liability is included in the calculation of the Closing Date Life Net Equity, such amount shall not be included in the calculation of the Consumer Net Debt Position or the Closing Date Consumer Working Capital.

  • As of the date hereof, the Net Debt Position of the Company and the 1998 Consolidated Entities is not materially different than the Net Debt Position of such entities as of September 30, 1998.

  • To the extent an amount with respect to any asset or liability is included in the calculation of Working Capital, such amount shall not be included in the calculation of the Net Debt Position.

  • This IQC will enhance USAID’s ability to implement IRS programs on the ground through cost-effective commodities procurement and logistics systems, access to technical expertise, and implementation of IRS in countries affected by malaria.

  • As of September 30, 1998, the Net Debt Position of the Company and the 1998 Consolidated Entities was not more than DM33 million.


More Definitions of Net Debt Position

Net Debt Position means a balance calculated in respect of a month with reference to PS Notified Debt and Recoveries in accordance with Condition 2A.3.4.3 and in respect of which a Debt Payment or Debt Repayment may be made; “Non Annual Capacity Product” means a Capacity Product that provides for capacity to be made available throughout a period shorter than a Gas Year; “Non Payment Month” means a month in which a relevant PS Non-Payment occurred; “Oversubscription Capacity” or “OS Capacity”
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Net Debt Position means a balance calculated in respect of a month with reference to PS Notified Debt and Recoveries in accordance with Condition 2A.3.4.3 and in respect of which a Debt Payment or Debt Repayment may be made;
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Net Debt Position means (i) the Indebtedness of the Company and its Subsidiaries, taken as a whole, as of December 31, 2023, minus (ii) the cash and cash equivalents of the Company and its Subsidiaries, taken as a whole, as of December 31, 2023, which amount is set forth on Section 8.3(vv) of the Company Disclosure Letter.
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Related to Net Debt Position

  • Net Debt is calculated by adding short-term and long-term debt and subtracting cash and liquid assets.

  • Debt Yield means, as of any date of determination, a fraction expressed as a percentage in which:

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (i) Consolidated Total Indebtedness secured on a first lien basis, net of Unrestricted Cash, as of the last day of such Test Period, to (ii) Consolidated EBITDA for such Test Period.

  • First Lien Leverage Ratio means, on any date, the ratio of (a) Consolidated First Lien Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.