Accumulated Debt definition

Accumulated Debt at any time means the aggregate of the Loan Amount plus all interest accrued thereon at the time minus all amounts in respect thereof paid by Focus to the Holder.
Sample 1Sample 2Sample 3
Accumulated Debt means the aggregate amount of
Sample 1Sample 2
Accumulated Debt means the amount by which the Stockpile Fund was in debit on the commencement of this Act.
Sample 1

Examples of Accumulated Debt in a sentence

  • Focus may from time to time prepay all or part of the Accumulated Debt, without premium or penalty, upon giving not less than ten (10) Business Days' written notice to the Holder specifying the amount of prepayment and the date for the making thereof; provided that the Loan Amount hereunder shall be permanently reduced by the amount of any such prepayment.

  • Unless the Holder has exercised the Conversion Option, Focus shall pay to the Holder the Accumulated Debt on the Repayment Date.

  • Accumulated Debt Liability 1.3 For unsupported capital expenditure, MRP will be charged from the year after the assets funded have become operational and spread over the estimated useful life of the assets using an equal annual instalment method.

  • CITY and BSO entered into an agreement dated September 14, 2011 ("Sheriff's Agreement'), which, among other things, addressed CITY's plan for the repayment of the Accumulated Debt.

  • This Debenture shall be convertible at the option of the Holder at any time after August 3, 2001 and up to and including the Repayment Date if the Holder gives written notice thereof (the "Conversion Notice") to Focus stating that the Holder has elected to convert all its rights under this Debenture including the Accumulated Debt at the time of the Conversion Notice into the Conversion Number of fully paid and non-assessable Common Shares, rounded to the nearest one-tenth of one share.

  • If there is an Event of Default pursuant to clause 9.1(f) then the Holders may, in lieu of taking any other remedies in respect thereof, give written notice to WaveRider that the Holders require WaveRider to pay, as liquidated damages therefor, 2% of the Accumulated Debt pro rata on a daily basis for each and every 30 day period after the occurrence of such Event of Default until the Registration Statement has been declared to be effective without restriction.

  • Divestitures are seen as a means to help offset one-time pressures, but ultimately, permanent revenue sources must identified and built into budgets as a long-term method of offsetting pressures.Forecasted Accumulated Debt 199920002001200220032.5 $ Billion2.0 1.5 1.0 • Over the next five years, the TTC alone accounts for almost half of the City’s net capital expenditures, mostly due to the loss of approximately $180 million in annual capital sub- sidies.

  • Hearing may from time to time prepay all or part of the Accumulated Debt, without premium or penalty, upon giving not less than ten (10) Business Days' written notice to the Holder specifying the amount of prepayment and the date for the making thereof; provided that the Loan Amount hereunder shall be permanently reduced by the amount of any such prepayment.

  • This Debenture shall be convertible at the option of the Holder at any time after December 22, 2000 and up to and including the Repayment Date if the Holder gives written notice thereof (the "Conversion Notice") to Focus stating that the Holder has elected to convert all its rights under this Debenture including the Accumulated Debt at the time of the Conversion Notice into the Conversion Number of fully paid and non-assessable Common Shares, rounded to the nearest one-tenth of one share.

  • This Debenture shall be convertible at the option of the Holder at any time after May 25, 2001 and up to and including the Repayment Date if the Holder gives written notice thereof (the "Conversion Notice") to Focus stating that the Holder has elected to convert all its rights under this Debenture including the Accumulated Debt at the time of the Conversion Notice into the Conversion Number of fully paid and non-assessable Common Shares, rounded to the nearest one-tenth of one share.


More Definitions of Accumulated Debt

Accumulated Debt at any time means the aggregate of all Loan Advances made by the Holders to WaveRider plus all interest accrued thereon at the time minus all amounts in respect thereof paid by WaveRider to the Holders.
Sample 1

Related to Accumulated Debt

  • Accumulated Dividends means, with respect to any share of Preferred Stock, as of any date, the aggregate accumulated and unpaid dividends on such share from the Issue Date until the most recent Dividend Payment Date on or prior to such date. There shall be no Accumulated Dividends with respect to any share of Preferred Stock prior to the first Dividend Payment Date.

  • Total Funded Indebtedness means, at any date, the aggregate principal amount of all Funded Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Adjusted Debt means, as of any date, the sum of (i) all Adjusted Indebtedness of the Company and its Subsidiaries on a Consolidated basis on such date and (ii) (x) Rent Expense for the four consecutive fiscal quarter period ended immediately prior to such date or then ending in respect of which financial statements have been delivered pursuant to Section 7.1(a) or 7.1(b) multiplied by six (6).

  • Accumulated contributions means the sum of all

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.

  • Consolidated Debt means at any date the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Funded Indebtedness means, as of any date of determination with respect to the MLP and its Subsidiaries on a consolidated basis, without duplication, the sum of: (a) all obligations for borrowed money (including the Obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount available to be drawn under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by the MLP or a Subsidiary (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by the MLP or such Subsidiary or is limited in recourse; (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f) above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which any Loan Party or any Subsidiary is a general partner or joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such Person.

  • Adjusted Indebtedness means, at any date, the result of (a) Seller’s Indebtedness on such date, minus (b) the unpaid principal of Seller’s Subordinated Debt on such date (to the extent such Subordinated Debt is excluded from Seller’s Indebtedness in calculating Seller’s Adjusted Tangible Net Worth on such date in accordance with the definition thereof).

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.

  • Consolidated Outstanding Indebtedness means, as of any date of determination, without duplication, the sum of (a) all Indebtedness of the Consolidated Group outstanding at such date, determined on a consolidated basis in accordance with GAAP (whether recourse or non-recourse), plus, without duplication, (b) the applicable Consolidated Group Pro Rata Share of any Indebtedness of each Investment Affiliate other than Indebtedness of such Investment Affiliate to a member of the Consolidated Group.

  • Funded Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Accumulation Unit is the unit of measure we use before the Income Date to keep track of the value of each Variable Sub-Account.

  • Consolidated Funded Debt means Funded Debt of the Consolidated Group determined on a consolidated basis in accordance with GAAP.

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Reinvestment Deferred Amount with respect to any Reinvestment Event, the aggregate Net Cash Proceeds received by the Borrower or any of its Subsidiaries in connection therewith that are not applied to prepay the Loans pursuant to Section 2.10(b) as a result of the delivery of a Reinvestment Notice.

  • ACCUMULATION UNIT VALUE The Accumulation Unit Value for each Sub-Account was set initially at $10. Subsequent Accumulation Unit Values for each Sub-Account are determined by multiplying the Accumulation Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Sub-Account for the current period.

  • Contribution Indebtedness means Indebtedness or Disqualified Stock of the Company or any Restricted Subsidiary in an aggregate principal amount not greater than the aggregate amount of cash contributions (other than the proceeds from the issuance of Disqualified Stock or any cash contribution by an Issuer or a Restricted Subsidiary) made to the capital of the Company or a Restricted Subsidiary after the Issue Date (whether through the issuance of Capital Stock or otherwise); provided that such Contribution Indebtedness is incurred within 180 days after the making of the related cash contribution.

  • Consolidated Senior Funded Debt means Consolidated Funded Debt that is not Subordinated Debt.

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Unfunded Capital Expenditures means capital expenditures made from the Borrower’s funds other than funds borrowed as term debt to finance such capital expenditures.

  • Consolidated Liquidity means, with reference to any period, an amount equal to (a) any Unrestricted Cash of the Borrowers and their Subsidiaries as calculated on a consolidated basis for such period and (b) the Aggregate Commitments of the Lenders minus the outstanding principal amount of all Loans and any issued and outstanding Letters of Credit; provided that the Borrowers are otherwise permitted to borrow such amount pursuant to the terms and conditions of this Agreement at the time such amount is calculated.

  • Consolidated Unsecured Indebtedness means, at any time, the portion of Consolidated Total Indebtedness that is Unsecured Debt.

  • Exempted Debt means the sum of the following items outstanding as of the date Exempted Debt is being determined (1) Indebtedness of the Company and its Restricted Subsidiaries secured by a Mortgage and not permitted to exist under the Indenture and (2) Attributable Debt of the Company and its Restricted Subsidiaries in respect of all Sale and Leaseback Transactions not permitted under the Indenture.

  • Consolidated Scheduled Funded Debt Payments means for any period for the Borrower and its Subsidiaries on a consolidated basis, the sum of all scheduled payments of principal on Consolidated Funded Indebtedness, as determined in accordance with GAAP. For purposes of this definition, “scheduled payments of principal” (a) shall be determined without giving effect to any reduction of such scheduled payments resulting from the application of any voluntary or mandatory prepayments made during the applicable period, (b) shall be deemed to include the Attributable Indebtedness in respect of Capital Leases, Securitization Transactions and Synthetic Leases and (c) shall not include any voluntary prepayments or mandatory prepayments required pursuant to Section 2.05.