NIBD definition
NIBD means, on a consolidated basis for the Group, the aggregate consolidated interest bearing debt (excluding any Subordinated Loans) less Liquidity.
NIBD means, on a consolidated basis for the Group, the aggregate consolidated interest bearing Financial Indebtedness (excluding any Subordinated Loans) less Liquidity.
NIBD means net interest-bearing debt; and
More Definitions of NIBD
NIBD means, on a consolidated basis for the Group, the aggregate consolidated interest bearing debt (excluding any Subordinated Loans and Bonds owned by the Issuer) less Liquidity and any amount standing to the credit of the Escrow Account.
NIBD means Total Debt less Free Liquidity, as at any date on which the same is to be compared to EBITDA hereunder, except that intercompany debt, including any interest thereon, which is subordinated to the rights of the Finance Parties hereunder shall be treated as equity for all purposes.
NIBD means the sum of: (i) Issuer NIBD; and (ii) Seabras Percentage of the Seabras NIBD in each case, based on the relevant Person's most recently available quarterly financial results
NIBD means, on a consolidated basis for the Group, the aggregate consolidated interest bearing debt (excluding Bonds owned by any Group Company) less Liquidity.