Consolidated Borrowings definition

Consolidated Borrowings means, as at any particular time, the aggregate outstanding principal, capital or nominal amount (and any fixed or minimum premium payable on prepayment or redemption) of the borrowings of members of the Group calculated in accordance with GAAP as applied in the most recent consolidated financial statements of the Parent delivered to the Facility Agent in accordance with Clause 20.1 or 20.2, as the case may be. For this purpose, any amount outstanding or repayable in a currency other than US Dollars shall on that day be taken into account in its US Dollar equivalent at the rate of exchange used for the purpose of preparing the relevant balance sheet.

Consolidated Borrowings means, in relation to the Group, an amount (expressed in Singapore dollars) for the time being, calculated on a consolidated basis, in accordance with generally accepted accounting principles in Singapore, equal to the aggregate of:

Consolidated Borrowings means, as at any particular time, the aggregate outstanding principal, capital or nominal amount (and any fixed or minimum premium payable on prepayment or redemption) of the Indebtedness for Borrowed Money of members of the Group (other than in respect of Non Recourse Project Finance Debt). For this purpose, any amount outstanding or repayable in a currency other than US dollars shall on that day be taken into account in its US dollar equivalent at the rate of exchange used for the purpose of preparing the relevant balance sheet.

Examples of Consolidated Borrowings in a sentence

• EBITDA, Net Consolidated Borrowings and Net Interest Expense shall be calculated and interpreted on a consolidated basis in accordance with GAAP and shall be expressed in Sterling.

• The size of such structures in the upper canopy of such flows has been found to be on the order of h in the horizontal direction and h/3 in the vertical direction (where h is the canopy height) (Finnigan 2000).

• Leased assets are finance leases of vehicles and computers (where the Group is a lessee), details are as follows: Consolidated Borrowings are secured by buildings included in non-network equipment at a net book value of Baht 1,008.53 million (2009: Baht 1,033.23 million) (Note 25 and Note 36).

• Leased assets are finance leases of vehicles, computers and equipments (where the Group is a lessee), details are as follows: Consolidated Borrowings are secured by buildings included in non-network equipment at a net book value of Baht 843.88 million (2011: Baht 868.50 million) (Note 25 and Note 37).

• In addition, following the reduction in the Group’s investment in The Co-operative Bank plc on 20 December 2013, an amendment was obtained following the year end from the 2018 Debenture stock holders to ensure that the Total Consolidated Borrowings to Tangible Consolidated Net Worth covenant within the terms of the Group’s 7 5/8% First Mortgage Debenture stock 2018 was satisfied.

More Definitions of Consolidated Borrowings

Consolidated Borrowings means, at any time, the aggregate outstanding principal, capital or nominal amount of any indebtedness of members of the Group for or in respect of:

Consolidated Borrowings means at any time the aggregate amount of all obligations of the Group for or in respect of Indebtedness but excluding any such obligations to the Guarantor

Consolidated Borrowings means, at any time, the sum of the Borrowings of the Group (other than any Indebtedness referred to in paragraph (g) of the definition of Borrowings (and paragraph (h) of that definition to the extent it relates to paragraph (g) thereof) in respect of that Indebtedness) as shown in the financial statements of the Group and Compliance Certificates delivered under this Agreement in respect of that Relevant Period.

Consolidated Borrowings means, as at any particular time, the aggregate outstanding principal, capital or nominal amount (and any fixed or minimum premium payable on prepayment or redemption) of the borrowings of members of the Group calculated in accordance with GAAP LD885224/26 as applied in the most recent consolidated financial statements of the Parent delivered to the Facility Agent in accordance with Clause 21.1 or 21.2, as the case may be. For this purpose, any amount outstanding or repayable in a currency other than US Dollars shall on that day be taken into account in its US Dollar equivalent at the rate of exchange used for the purpose of preparing the relevant balance sheet.

Consolidated Borrowings means indebtedness of the Company, on a consolidated basis, (other than ordinatyordinary trade indebtedness) incurred in respect of (a) money borrowed or raised, (b) any bond, note, loan stock, debenture or similar instrument, (c) acceptance credit, trust receipts or commercial paper facilities, (d) deferred payments for assets or services acquired, (e) payments under finance leases (whether in respect of land, machinery, equipment or otherwise) entered into primarily as a method of raising finance or of financing the acquisition of the asset leased, (f) guarantees, bonds, standby letters of credit or other instruments issued in connection with the performance of contracts, (g) any crystallized amount in respect of any derivative transactions which is payable by any member of the Company and (h) Contingencies;

Consolidated Borrowings means at any time the aggregate amount of all obligations of the Group for or in respect of Indebtedness but excluding any such obligations to the Guarantor and/or any Group Subsidiary (and so that no amount shall be included or excluded more than once);

Consolidated Borrowings means, in relation to the Borrower and its Subsidiaries on a consolidated basis, indebtedness incurred in respect of (i) money borrowed or raised, (ii) any bond, note, loan stock, debenture or similar instrument or commercial paper, (iii) rental payments under leases (whether in respect of land, machinery, equipment or otherwise) entered into primarily as a method of raising finance or of financing the acquisition of the asset leased, (iv) Consolidated Contingent Liabilities, (v) deferred payments for assets or services acquired, (vi) guarantees, bonds, standby letters of credit or other instruments issued in connection with the performance of contracts or (vii) guarantees or other assurances against financial loss in respect of Consolidated Borrowings of any other person (but otherwise falling within the above);