Examples of Total Net Indebtedness in a sentence
The CA is responsible for general administration of the contract and advising the CO as the Bidder’s compliance or noncompliance with the contract.
A-17Calculation of Total Net Indebtedness ...............................
Any instrument or exercise referred to in Bye-law 8.4 shall be effective as if it had been executed or exercised by the holder of, or the person entitled by transmission to, the shares to which it relates.
Consolidated Total Net Indebtedness shall mean as of any date of determination the aggregate of all Indebtedness of the Company and its Subsidiaries (excluding the indebtedness described in Section (iv) of the definition of Indebtedness) as of such date determined and consolidated in accordance with GAAP minus Cash on Hand in excess of $15,000,000 which is held by the Company and its Subsidiaries.
The ratio of (i) Total Net Indebtedness to (ii) Total Asset Value (excluding cash and cash equivalents), to exceed 0.650 to 1.00 at any time.