Actual Debt definition

Actual Debt has the meaning set forth in Section 2.4(b).

Actual Debt means the Debt as calculated and determined in accordance with Schedule 7 (Completion Accounts);

Actual Debt means the indebtedness of the Debt Finance Recipient under the Debt Financing Documents (without any double counting).

Examples of Actual Debt in a sentence

• Actual Debt Expenses shall be reported at the end of the FISCAL YEAR in which the reimbursement occurs, and such Debt Expenses will be charged against applicable Expenditure Plan line item reimbursement limits.

• A = Actual Debt owing to the Financiers as at the Termination Date together with interest which accrues on the Actual Debt (at the rate provided in the relevant Financing Documents after taking into account any applicable interest rate hedging (but excluding any default or penalty interest)) from the Termination Date to the date of payment of the Voluntary Termination Amount.

• Actual Debt shall mean the consolidated Debt of the Company and the Subsidiary as at Closing, as set out in the Closing Balance Sheet.

• A = the lower of Actual Debt and the amount forecast in the Financial Model to be owing to the Financiers as at the Termination Date together with interest which accrues on the Actual Debt (at the rate provided in the relevant Financing Documents after taking into account any applicable interest rate hedging (but excluding any default or penalty interest)) from the Termination Date to the date of payment of the Force Majeure Termination Amount.

• Actual Debt Expenses shall be reported at the end of the Fiscal Year in which the reimbursement occurs, and such Debt Expenses will be charged against applicable Expenditure Plan line item reimbursement limits.

More Definitions of Actual Debt

Actual Debt means the indebtedness of the PPP Cos and FinCo under the Debt Financing Documents (without any double counting).

Actual Debt means the aggregate indebtedness of Group Members under the Finance Documents, excluding any indebtedness to Related Bodies Corporate that is in the nature of, or identified in the Financial Model as being, equity funding. Additional EWL Infrastructure means:

Actual Debt has the meaning set forth in Section 1.04(b)(i).

Actual Debt means the value of the Debt of STP and Subsidiaries, on a consolidated basis, on November 30th, 2015, to be determined according to Section 3.

Actual Debt means the aggregate of NewCo’s Indebtedness as at the close of business on the Completion Date (expressed in Dollars), as specified in the Completion Accounts in accordance with the provisions of Schedule 10 (Completion Accounts).

Actual Debt means the aggregate amount of indebtedness of the Group for borrowed monies, indebtedness evidenced by any note, bond, debenture or other debt security, the deferred purchase price of property or services, and for finance and/or capitalized leases, liabilities arising under the Profit and Loss Sharing Agreement and liabilities arising in respect of interest rate and currency swap arrangements (if any), including all interest accrued thereon, and including any guarantee of the foregoing, and including Intra-Group Payables, but excluding current trade creditors, (provided that only 61.09 per cent. of any such amounts shall be taken account of for the purposes of this definition where such amounts relate to Corus Tianjin) in each case as at close of business on the Completion Date, and calculated in accordance with clause 8 (Completion Accounts), and determined in accordance with IFRS consistently applied, as set out in the Statement, for the avoidance of doubt expressed as a positive number;

Actual Debt means the aggregate Debt as set out in the Summary Statement;