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 in relation to the Undertaking as on the Closing Date;

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

Actual Debt means Closing Indebtedness, as determined in accordance with Section 2.6(a).

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

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