Internal Debt definition

Internal Debt means the stock of domestic debt owed by the Recipient to private domestic creditors, as determined pursuant to procedures satisfactory to the Association, and confirmed through an independent audit in January, 2004.
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Internal Debt or “internal borrowings” means borrowings from sources inside China; and “direct”, when used with reference to any debt or borrowings (e.g., “direct debt”), means debt incurred directly by the central government in the name of China. The State Development and Reform Commission is responsible for administering medium- and long-term external debt with a maturity of one year or more. The State Administration of Foreign Exchange is responsible for regulating and supervising the registration, account, use and repayment of external debt as well as foreign exchange settlement and sales. Also, the State Administration of Foreign Exchange monitors and calculates external debt. The Ministry of Finance is responsible for preparing and implementing policies for internal debt of the government and administering external borrowings by the government and borrowing from multilateral development organizations and the foreign governments. Under the Budget Law, local governments are not permitted to incur any indebtedness unless specifically authorized by the central government. At present, the overall level of Chinese government debt risk is under control, and the debt ratio (i.e. debt balance/GDP) of Chinese government debt is lower than that of major market economies and emerging market countries. The following table sets forth China’s government debt as at the dates indicated. China’s Government Debt As at 31 December 2016 2017 2018 2019 2020 (in billions of RMB) Government DebtLocal Government Debt(1) ................................... 15,316.4 16,470.6 18,386.2 21,307.2 25,661.5 Central Government Debt ................................... 12,006.7 13,477.0 14,960.8 16,803.8 20,890.6
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Internal Debt means the debt as identified in the Stock of Debt (as hereinafter defined);
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Examples of Internal Debt in a sentence

  • Internal and External Debt of the Central Government As at 31 December 2016 0000 0000 0000 0000 (in billions of RMB) Internal Debt of Central Government ................

  • Support the Recipient in completing the settlement of its Internal Debt, through payment of Internal Debt Tranches including related services and audits.


More Definitions of Internal Debt

Internal Debt means the Borrower’s local debt or debt which is or may become payable in Local Currency;
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Related to Internal Debt

  • External Debt means obligations (other than the Notes) of, or guaranteed by, the Republic for borrowed money or evidenced by bonds, notes or other similar instruments denominated or payable, or those which at the option of the holder thereof are so denominated or payable, in a currency other than the local currency of the Republic.

  • External Indebtedness means Indebtedness which is payable, or at the option of its Holder may be paid, (i) in a currency or by reference to a currency other than the currency of Mexico, (ii) to a person resident or having its head office or its principal place of business outside Mexico and (iii) outside the territory of Mexico.

  • Public External Indebtedness means any External Indebtedness which is in the form of, or represented by, notes, bonds or other securities which are for the time being quoted, listed or ordinarily dealt in on any stock exchange.

  • Internal Restructuring shall have the meaning set forth in Section 7.02(f) of this Agreement.

  • Internal Purposes means distribution of packages to Licensee’s own systems and employees.

  • Internal Reorganization has the meaning set forth in the Separation Agreement.

  • Internal Use means use of the Sprinklr Services for Customer’s and/or Customer Affiliates’ general business use, solely for the benefit of Customer and/or Customer Affiliates, but does not include use of the Sprinklr Services to provide any services for the benefit of third parties.

  • Internal floating roof means a cover or roof in a fixed-roof tank that rests upon or is floated upon, the liquid being contained, and is equipped with a closure seal or seals to close the space between the roof edge and the tank shell.

  • Internal dose means that portion of the dose equivalent received from radioactive material taken into the body.

  • Internal Distribution has the meaning set forth in the recitals.

  • operational debt means a claim in respect of the provision of goods or services including employment or a debt in respect of the repayment of dues arising under any law for the time being in force and payable to the Central Government, any State Government or any local authority;

  • 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 First Lien Indebtedness means Consolidated Total Indebtedness as of any date of determination that is secured by a Lien on any asset or property of the Borrower and its Restricted Subsidiaries, which Lien does not rank junior in priority to the Liens securing the Secured Obligations.

  • Consolidated First Lien Secured Debt means Consolidated Total Debt as of such date that is not Subordinated Indebtedness and is secured by a Lien on all of the Collateral that ranks on an equal priority basis (but without regard to the control of remedies) with Liens on all of the Collateral securing the Obligations.

  • internal waters means any navigable river or waterway within the State of California.

  • Consolidated First Lien Debt means, as to any Person at any date of determination, the aggregate principal amount of Consolidated Total Debt outstanding on such date that is secured by a first priority Lien on any asset or property of such Person or its Restricted Subsidiaries that constitutes Collateral.

  • Financial Debt means a debt along with interest, if any, which is disbursed against the consideration for the time value of money and includes—

  • external borders means external borders as defined in point 2 of Article 2 of Regulation (EU) 2016/399;

  • Internal Market Buyer means a Market Buyer making purchases of energy from the PJM Interchange Energy Market for ultimate consumption by end-users inside the PJM Region that are served by Network Transmission Service.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date that is secured on a first lien basis by assets or properties of Holdings or any Subsidiaries to (b) Consolidated EBITDA of Holdings and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Internal appeal means an internal appeal to the relevant authority in terms of section 74;

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Additional Debt With respect to any Mortgage Loan, any debt owed by the related Mortgagor to a party other than the lender under such Mortgage Loan that is secured by the related Mortgaged Property.

  • Permitted Holdings Debt has the meaning assigned to such term in Section 6.01(a)(xviii).

  • Net Financial Debt ’ means “Gross Financial Debt” less “cash and cash equivalents”. This measure offers to the reader a global view of the Financial Debt without considering the payment terms and reduced by the effects of the available cash and cash equivalents to face these future payments.

  • External dose means that portion of the dose equivalent received from any source of radiation outside the body.