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

• The Borrower will not at any time permit the Actual Debt Service Coverage Ratio to be less than or equal to 2.00 to 1.00.

• The Borrower will not at any time permit the Unencumbered Pool Actual Debt Service Coverage Ratio to be less than 2.00 to 1.00.

• 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.

• Maintain an Actual Debt Service Coverage Ratio of not less than 1.50 to 1 with respect to the Mortgaged Properties.

• Whether an authorized leave of absence, or absence in military or government service, shall constitute termination of employment shall be determined by the Group Compensation Committee.

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 sixty per cent (60%) of the debt as at the Adjustment Date, calculated in accordance with the SPA;

Actual Debt means the total amount of Debt, as finally determined in accordance with Clause 4.

Actual Debt means Debt as at close of business on 31 December 2011 as shown in the Completion Accounts (and, for the avoidance of doubt, taking into account any adjustments referred to in Part A of Schedule 7); Action has the meaning given to that term in clause 1.2(i);

Actual Debt means the indebtedness of PPP Co Finance Co and PPP Co under the Debt Financing Documents, excluding any indebtedness resulting from loans from PPP Co Finance Co to PPP Co under the Facilitation Loan Agreement (as defined in the Common Terms Deed).

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 means the aggregate Indebtedness in relation to the Undertaking as on the Closing Date;