Net Intercompany Debt definition

Net Intercompany Debt means the aggregate amount of indebtedness owed by the Post Parties to any of the Ralcorp Parties, net of the aggregate amount of indebtedness owed by the Ralcorp Parties to the Post Parties. For the avoidance of doubt, “Net Intercompany Debt” shall not include the Post Credit Facility or the Post Debt Securities.
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Net Intercompany Debt means the aggregate amount of debt owed by the Marathon Petroleum Parties to PFD and any of the other Marathon Oil Parties, net of the aggregate amount of debt owed by the Marathon Oil Parties to the Marathon Petroleum Parties.
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Net Intercompany Debt means (i) all intercompany liabilities of the Business to Seller in the Intercompany Account less (ii) the sum of all intercompany receivables due to the Business from Seller in the Intercompany Account.
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Examples of Net Intercompany Debt in a sentence

  • If, as of the Closing Date, the Net Intercompany Debt shall consist of a net indebtedness of Cyprus and its Affiliates (other than Omolon and Magadan) to Magadan, Cyprus shall, prior to or simultaneously with the Closing, cause Magadan to cancel the obligations of Cyprus and its Affiliates (other than Omolon and Magadan) under such indebtedness.

  • As used herein, the term "Net Intercompany Debt" shall mean (i) all intercompany liabilities of the Company to Seller or its subsidiaries in the Intercompany Account less (ii) the sum of all intercompany receivables due to the Company from Seller or its subsidiaries in the Intercompany Account.

  • If, as of the Closing Date, the Net Intercompany Debt (as defined below) shall consist of a net indebtedness of Mosbx xxx its subsidiaries to Times Mirror or any of Times Mirror's affiliates other than Mosbx, Xxmes Mirror shall, prior to or simultaneously with the Closing, contribute or cause to be contributed such Net Intercompany Debt to the equity of Mosbx.

  • If, as of the Closing Date, the Net Intercompany Debt in the Intercompany Account consists of a net indebtedness of Seller or its subsidiaries to the Company, Seller shall, prior to or simultaneously with the Closing, cause the Company to cancel or dividend such indebtedness to Seller or its subsidiaries, or, if not cancelled or dividended, will, prior to the Closing, cause the same to be settled or to be eliminated in some other manner reasonably acceptable to Buyer.

  • If, as of the --------------------------------- Closing Date, the Net Intercompany Debt (as defined below) shall consist of a net indebtedness of Magadan to Cyprus or any of its Affiliates (other than Omolon and Magadan), Cyprus shall, prior to or simultaneously with the Closing, contribute or cause to be contributed such Net Intercompany Debt to the equity of Magadan.

  • Xx, as of the Closing Date, the Net Intercompany Debt shall consist of a net indebtedness of Times Mirror and its affiliates other than Mosbx xx Mosbx, Xxmes Mirror shall, prior to or simultaneously with the Closing, cause Mosbx xx cancel such indebtedness or distribute it as a dividend to Times Mirror.

  • If, as of the Closing Date, --------------------------------- the Net Intercompany Debt (as defined below) shall consist of a net indebtedness of Magadan to Cyprus or any of its Affiliates (other than Omolon and Magadan), Cyprus shall, prior to or simultaneously with the Closing, contribute or cause to be contributed such Net Intercompany Debt to the equity of Magadan.


More Definitions of Net Intercompany Debt

Net Intercompany Debt means an amount, if positive, equal to (a) Intercompany Debt Accounts Payable, minus (b) Intercompany Debt Accounts Receivable.
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Net Intercompany Debt shall have the meaning ascribed to it in ---------------------- Section 5.05.
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Net Intercompany Debt means the difference --------------------- between (i) all intercompany liabilities of Xxxxxx Xxxx to Seller or its Affiliates in the Intercompany Accounts and (ii) the sum of all intercompany receivables due to Xxxxxx Xxxx from Seller or its Affiliates in the Intercompany Accounts.
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Net Intercompany Debt means (a) all intercompany payables of Mosbx xx Times Mirror and its affiliates (other than trade payables incurred in the ordinary course of business consistent with 46 past practice and other than any intercompany payable of Mosbx xx The StayWell Company incurred in connection with the Transition Services Agreement described in Section 3.20(c)) less (b) the sum of all intercompany receivables due to Mosbx xxxm Times Mirror and its affiliates (other than trade receivables incurred in the ordinary course of business). For purposes of this Agreement, intercompany payables and intercompany receivables shall be deemed to include any obligations of Mosbx xx any of its subsidiaries to Times Mirror or any of its affiliates for Taxes for periods through the Closing Date.
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Net Intercompany Debt means the principal amount of, accrued and unpaid interest on, monies payable by the Target Companies or Target Subsidiaries to the Blagden Group, excluding non-financial inter-company creditors and non-financial inter-company debtors, minus principal amount of, accrued and unpaid interests on, monies receivable by the Target Companies or Target Subsidiaries from the Blagden Group;
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Related to Net Intercompany Debt

  • Intercompany Debt has the meaning specified in Section 7.02.

  • Subordinated Intercompany Debt shall have the meaning assigned to such term in Section 6.01(e).

  • Net Indebtedness means, as of any date, (i) the amount of outstanding Indebtedness of the Company and its consolidated subsidiaries as of such date, minus (ii) the amount of cash and cash equivalents of the Company and its consolidated subsidiaries as of such date minus (iii) loans by the Company and its consolidated subsidiaries to its Partners or Affiliates thereof as of such date.

  • Intercompany Indebtedness means Indebtedness of Company or any of their respective Subsidiaries which is owing to any member of such group.

  • Net Interest Bearing Debt means the aggregate interest bearing debt less cash and cash equivalents of the Group in accordance with the applicable accounting principles of the Group from time to time (for the avoidance of doubt, excluding guarantees, bank guarantees, Subordinated Loans, any claims subordinated pursuant to a subordination agreement in form and substance satisfactory to the Agent and interest bearing debt borrowed from any Group Company).

  • Net Interest Expense means, for any period, the total of (a) Interest Expense for such period minus (b) Interest Expense to Affiliates for such period to the extent included in the amount referred to in clause (a) and related to (i) interest payments on Debt obligations that are subordinated to the obligations of the Borrower under this Agreement or (ii) interest on Nonrecourse Indebtedness minus (c) interest on ComEd Debt for such period.

  • Funded Debt means all Indebtedness of the Parent Borrower and its Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Unsecured Interest Expense means, for any period, all Consolidated Interest Expense for such period attributable to Unsecured Indebtedness.

  • Consolidated Scheduled Funded Debt Payments means, as of any date for the applicable period ending on such date with respect to the Borrower Parties on a consolidated basis, the sum of all scheduled payments of principal on Consolidated Funded Indebtedness made during such period (including the implied principal component of payments made on Capitalized Leases during such period) as determined in accordance with GAAP.

  • Closing Indebtedness means the Indebtedness of the Company that remains outstanding and unpaid as of immediately prior to the Closing.

  • Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).

  • Company Debt shall have the meaning set forth in Section 6.12.

  • Closing Date Indebtedness means the aggregate amount of Indebtedness, determined as of and immediately prior to the Closing.

  • Intercompany Payables means all account, note or loan payables and all advances (cash or otherwise) or any other Extensions of Credit that are payable by Parent or any of its Subsidiaries (other than the Bank or its Subsidiaries) to the Bank or its Subsidiaries.

  • Closing Indebtedness Amount has the meaning set forth in Section 1.4.

  • Consolidated Senior Funded Debt means at any date the sum of: (i) Consolidated Funded Debt, minus (ii) the Subordinated Debt.

  • Intercompany Loans shall have the meaning provided in Section 10.05(h).

  • Funded Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Final Closing Indebtedness has the meaning set forth in Section 3.3(b).

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Intercompany Loan shall have the meaning provided in Section 8.05(g).

  • Consolidated Cash Interest Charges means, for any period, for the Borrower and its Restricted Subsidiaries on a consolidated basis, that portion of Consolidated Interest Charges that is either paid or required to be paid in cash during such period, but excluding prepayment or similar premiums paid in connection with any prepayment, repurchase or redemption of Consolidated Funded Indebtedness.

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period excluding, however, any interest expense not payable in Cash (including amortization of discount and amortization of debt issuance costs).

  • Consolidated First Lien Net Debt means, as of any date of determination, the aggregate principal amount of Consolidated Net Debt on such date that is secured by a Lien on any asset of the Borrower and its Restricted Subsidiaries as of such date, but excluding such Indebtedness to the extent secured on a junior lien basis to the Obligations.

  • Consolidated Net Indebtedness means at any time, Consolidated Total Indebtedness minus all Unrestricted Cash of the Borrowers and their Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Net Interest Expense means, for any period with respect to the Company and its Subsidiaries, interest expense minus capitalized interest and interest income for such period, in each case determined on a Consolidated basis in accordance with GAAP.