Balance Sheet Debt definition

Balance Sheet Debt means, collectively, (a) all liabilities of the Borrower and its consolidated Restricted Subsidiaries which are required to be listed as a liability on its balance sheet in accordance with GAAP plus (b) to the extent not otherwise listed as a liability on its balance sheet, the unamortized debt discount associated with senior notes or convertible debt.
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Balance Sheet Debt means all Funded Indebtedness of the Borrower and the other Consolidated Parties less any amount of any Indebtedness incurred and outstanding in relation to the Permitted Receivables Financing, any Guaranty Obligations and any Letters of Credit under the Existing Credit Facility (to the extent any such Indebtedness would otherwise constitute Funded Indebtedness).
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Balance Sheet Debt means the indebtedness for borrowed money of the Acquired Companies determined in accordance with GAAP and Agreed Principles.
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Examples of Balance Sheet Debt in a sentence

  • The Borrower will not permit the ratio, as of the end of any fiscal quarter, of (i) its Consolidated Current Assets, TO (ii) the sum of (x) its Current Consolidated Liabilities, PLUS (y) its Consolidated Total Senior Balance Sheet Debt, to be less than 1.50 to 1.00.

  • The statements of financial position, and the balance sheet includes the following deferred outflows/inflows of resources at September 30, 2020: Statement of Net Position Balance Sheet Debt Governmental Activities Deferred Outflows of Resources.

  • The Cash Portion payable pursuant to Section 2.1(i)(a) shall be reduced by any debt reflected on the Estimated Closing Balance Sheet ("Debt") and any shortfall in Working Capital reflected on the Estimated Closing Balance Sheet.

  • As is procedurally done, Financial Reports for September and October of 2021 were presented in the meeting book and reviewed: Monthly Financial Report-Operating Fund (actual revenues and expenditureswith fund balances and availability); Check Registers; Balance Sheet; Debt Service Profit and Loss YTD Comparisons/Report(s); Tax/Assessment Collections; Expenditure Recap through October 2021.

  • Have at the end of each fiscal quarter a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of (i) not more than 4.85 to 1.0 from and after December 31, 2000, and (ii) not more than 4.50 to 1.0 from and after December 31, 2001.

  • Have at the end of each fiscal quarter a ratio of Balance Sheet Debt on such date to Consolidated EBITDA for the four (4) fiscal quarters ending on such date of (i) not more than 5.35 to 1.0 for the period ending December 31, 2000, (ii) not more than 4.85 to 1.0 for the period from and after March 31, 2001, and (iii) not more than 4.50 to 1.0 for the period from and after December 31, 2001.

  • The statements of financial position, and the balance sheet includes the following deferred outflows/inflows of resources at September 30, 2019: Statements of Net Position Balance Sheet Debt Governmental Activities Deferred Outflows of Resources.

  • Report SelectionProperty Tax Cap, Revenues and Expenditures, Tax Limit, Balance Sheet, Debt, Multi-year Compare Select the report.

  • Minimal Off Balance Sheet Debt - QSPEs - BSkyB: designed to remove overhang and optimize taxes - Buildings: disclosed, provisioned - Cancelled film financing in 2001: Added E1 Bn of debt to balance sheet, but lowered costs by 200bp.

Related to Balance Sheet Debt

  • Balance Sheet Date has the meaning set forth in Section 3.06.

  • Balance Sheets has the meaning set forth in Section 4.5(a).

  • Interim Balance Sheet Date has the meaning set forth in Section 3.06.

  • Off-Balance Sheet Obligations means liabilities and obligations of the Borrower, any Subsidiary or any other Person in respect of “off-balance sheet arrangements” (as defined in Item 303(a)(4)(ii) of Regulation S-K promulgated under the Securities Act) which the Borrower would be required to disclose in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” section of the Borrower’s report on Form 10-Q or Form 10-K (or their equivalents) which the Borrower is required to file with the Securities and Exchange Commission (or any Governmental Authority substituted therefor).

  • Off-Balance Sheet Liabilities of any Person shall mean (i) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (ii) any liability of such Person under any Sale-Leaseback Transactions that do not create a liability on the balance sheet of such Person, (iii) any obligation under a Synthetic Lease or (iv) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person.

  • Company Balance Sheet Date means December 31, 2016.

  • Off-Balance Sheet Obligation means the monetary obligation of a Person under (a) a so-called synthetic, off-balance sheet or tax retention lease, (b) an agreement for the use or possession of property creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment) or (c) an agreement for the sale of receivables or like assets creating obligations that do not appear on the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, could be characterized as the indebtedness of such Person (without regard to accounting treatment).

  • Latest Balance Sheet Date has the meaning set forth in Section 3.10.

  • Interim Balance Sheet has the meaning set forth in Section 3.06.

  • Company Balance Sheet means the consolidated balance sheet of the Company and its Subsidiaries as of December 31, 2016 and the footnotes thereto set forth in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2016.

  • Off-Balance Sheet Liability of a Person means (a) any repurchase obligation or liability of such Person with respect to accounts or notes receivable sold by such Person, (b) any indebtedness, liability or obligation under any so-called “synthetic lease” transaction entered into by such Person, or (c) any indebtedness, liability or obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheet of such Person (other than operating leases).

  • Balance Sheet has the meaning set forth in Section 3.06.

  • Off-Balance Sheet Arrangement means any transaction, agreement or other contractual arrangement to which an entity unconsolidated with the Borrower is a party, under which the Borrower has:

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • SEC Off-Balance Sheet Rules means the Disclosure in Management’s Discussion and Analysis About Off-Balance Sheet Arrangements, Securities Act Release No. 33-8182, 68 Fed. Reg. 5982 (Feb. 5, 2003) (codified at 17 CFR pts. 228, 229 and 249).

  • Company Financial Statements has the meaning set forth in Section 3.6(a).

  • Closing Balance Sheet has the meaning set forth in Section 2.4(a).

  • SpinCo Balance Sheet means the pro forma combined balance sheet of the SpinCo Business, including any notes and subledgers thereto, as of June 30, 2018, as presented in the Information Statement made available to the Record Holders.

  • Audited Balance Sheet means the audited balance sheet of the company prepared for the purposes of the Companies Acts for a financial year unless an audited consolidated balance sheet dealing with the state of affairs of the company and its subsidiary undertakings required to be dealt with in group accounts has been prepared for those purposes for the same financial year, in which case it means that audited consolidated balance sheet, and in that case all references to reserves shall be deemed to be references to consolidated reserves;

  • Unaudited Balance Sheet has the meaning set forth in Section 3.4(a)(ii).

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Latest Balance Sheet has the meaning set forth in Section 3.4(a).

  • Financial Statements Date shall have the meaning ascribed to it in Section 3.7.

  • Current Balance Sheet Date means September 30, 1996.

  • Reference Balance Sheet Date is defined in Section 3.5.

  • Parent Balance Sheet Date shall have the meaning assigned to it in Section 5.13 hereof.