Off-Balance-Sheet Transactions definition

Off-Balance-Sheet Transactions means any present or future financing transaction not reflected as indebtedness on the consolidated balance sheet of the Borrower, but being structured in a way that may result in payment obligations by any Group member, excluding any financing transaction in the form of:
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Off-Balance-Sheet Transactions means transactions relating to letters of credit, letters of guarantee, letters of acceptance, commitments, swaps, options and forward foreign exchange transactions for which a bank or financial institution may be required to bear liability and similar other transactions;
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Off-Balance-Sheet Transactions has the meaning set forth in Item 303(a)(4)(ii) of Regulation S-K of the Securities Act; provided that Off-Balance Sheet Transactions shall not include Hedging Obligations or other transactions entered into in the ordinary course of business.
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More Definitions of Off-Balance-Sheet Transactions

Off-Balance-Sheet Transactions means any Off-Balance Sheet Arrangement as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended, to which the Company is a party.
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Off-Balance-Sheet Transactions any financing transaction of any Person not reflected as Debt on the balance sheet of such Person, but being structured in a way that may result in payment obligations by such Person.
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Off-Balance-Sheet Transactions any structural finance, special purpose or limited purposes entity or other transaction described in the SEC’s Statement about Management’s Discussion and Analysis of Financial Conditions and Results of Operations (Release Nos. 33-8056; 34-45321; FR-61);
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Off-Balance-Sheet Transactions has the meaning given to it in Clause 21 (Financial Condition).
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Related to Off-Balance-Sheet Transactions

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any sale and leaseback transactions that do not create a liability on the balance sheet of such Person, (iii) any Synthetic Lease Obligation or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Off-Balance Sheet Obligations means liabilities and obligations of the Borrower, any Subsidiary or any other Person in respect of “off-balance sheet arrangements” (as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act) which the Borrower would be required to disclose in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of the Borrower’s report on Form 10-Q or Form 10-K (or their equivalents) which the Borrower is required to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.