Adjusted Net Debt definition

Adjusted Net Debt with respect to any Person on any date of determination, (a) the aggregate principal amount of Indebtedness of such Person on such date (including, without limitation, letter of credit obligations of such Person) minus (b) the sum of all cash, time deposits, marketable securities and Liquid Inventory of such Person on such date.
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Adjusted Net Debt means, on the basis of the consolidated financial statements of the Issuer, the Consolidated Net Debt, less the amount of the Real Estate Debt;
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Adjusted Net Debt means, as of any date of determination:
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Examples of Adjusted Net Debt in a sentence

  • For purposes of this analysis, management excludes L&RFD, FPNP, and cash and cash equivalents, for the reasons provided in the debt analysis above and uses Adjusted Net Debt in the calculation.

  • Pursuant to § 23.1-506.A.5 of the Code of Virginia, surviving spouses are eligible for the in-state tuition rate despite not being domiciled in Virginia.

  • RPS has a strong balance sheet with net bank borrowings as at 30 June 2022 of £34.4 million (and leverage of 0.8x Adjusted Net Debt to Last 12 Months’ pre-IFRS 16 Adjusted EBITDA).

  • Management monitors the return on capital as well as the level of dividends to ordinary shareholders.Company monitors capital using a ratio of 'Adjusted Net Debt' to 'Equity'.

  • To assist the Buyer with its review, the Seller shall provide any reasonable assistance and documentation required by the Buyer to review the Seller’s calculation of the Estimated Adjusted Net Debt in a timely manner.


More Definitions of Adjusted Net Debt

Adjusted Net Debt means, with respect to any Person on any date of determination, (a) the aggregate principal amount of Indebtedness of such Person on such date (including, without limitation, letter of credit obligations of such Person) minus (b) the sum of all cash, time deposits, marketable securities and Liquid Inventory of such Person on such date.
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Adjusted Net Debt equals Net Debt, as adjusted below, on the applicable date. Adjusted EBITDA and Adjusted Net Debt shall be determined by making the following adjustments to the Company's EBITDA and to Net Debt:
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Adjusted Net Debt means, as of any date of determination, an amount equal to the difference between (a) the outstanding principal amount of the Loan, minus, (b) the difference between (i) the sum of (A) cash and (B) Cash Equivalents, in each case, held by the Borrower on a freely available and unencumbered basis (other than Security Interests set forth in clauses (a), (b), (g) or (h) of the definition of “Permitted Security Interests”) subject to the perfected Security Interest of the Security Trustee, minus, (ii) fifty percent (50%) of the Minimum Liquidity required pursuant to Clause 12.4;
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Adjusted Net Debt means the sum of:
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Adjusted Net Debt means, as of any date of determination, Net Debt of CSN and its Restricted Subsidiaries, as set forth in the most recent consolidated balance sheet of CSN that has been delivered to the trustee pursuant to the indenture, plus, without duplication, the proportionate Net Debt of MRS and Net Debt of CBSI.
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Adjusted Net Debt means the aggregate principal amount of non-current loans and borrowings, current lease liabilities and non-current lease liabilities, less cash and cash equivalents.
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Adjusted Net Debt means (a) Outstanding Debt plus (b) Expected Earn-out Payments plus (c) all Outstanding Obligations minus (d) cash and Cash Equivalent Investments owned by the Loan Parties and their subsidiaries (without duplication).
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