Consolidated Long Term Indebtedness definition

Consolidated Long Term Indebtedness means, with respect to any Person, all Long Term Indebtedness of such Person and its subsidiaries, without duplication and whether or not contingent, determined on a consolidated basis in accordance with GAAP; [**].
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Consolidated Long Term Indebtedness consolidated Indebtedness of the Parent or any of its Subsidiaries for borrowed money maturing more than twelve months after the incurrence thereof, including, without limitation, (i) obligations under Financing Leases, (ii) current maturities of any such Indebtedness and (iii) the Loans.
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Consolidated Long Term Indebtedness means, for the Consolidated Companies for any period, (a) all Indebtedness which at the time of incurrence or issuance, has a final maturity or term greater than one year or which is renewable at the option of the obligor thereof for a term of greater than one year from the date of original incurrence or issuance or (b) Indebtedness which at the time of incurrence or issuance has a final maturity or term of less than one year and which is intended to be repaid out of proceeds of other Consolidated Long Term Indebtedness.
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Examples of Consolidated Long Term Indebtedness in a sentence

  • The multiplicity and lack of coordination of financial subsidy programs, however, can lead to ill-targeting, duplications, and even “double-dipping” by beneficiaries.

  • All of the debt agreements set forth certain representations, warranties and covenants to which the Company is subject, including financial covenants that limit Consolidated Long Term Indebtedness to not more than 65% of Consolidated Total Capitalization and Priority Indebtedness to not more than 15% of Consolidated Total Assets.

  • The Agreement sets forth certain representations, warranties and covenants to which Midstream is subject, including financial covenants that limit Consolidated Long Term Indebtedness to not more than 65% of Consolidated Total Capitalization and Priority Indebtedness to not more than 15% of Consolidated Total Assets.


More Definitions of Consolidated Long Term Indebtedness

Consolidated Long Term Indebtedness means, as of any date of determination, for the Borrower and its Subsidiaries on a consolidated basis, without duplication, Indebtedness obligations that are due and payable more than one year after issuance and which are not shown on the balance sheet as current liabilities, determined in accordance with GAAP on a consolidated basis; provided that Consolidated Long Term Indebtedness shall not include the Existing UBS Indebtedness.
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Consolidated Long Term Indebtedness means, at any date of determination, (i) all Indebtedness maturing one year or more from the date of creation thereof, (ii) all Indebtedness directly or indirectly renewable or extendible, at the option of the debtor, by its terms or by the terms of any instrument or agreement relating thereto, to a date one year or more from the date of creation thereof and (iii) all Indebtedness under a revolving credit or similar agreement obligating the lender or lenders to extend credit over a period of one year or more even though such Indebtedness might otherwise conform to the definition of Consolidated Current Liabilities.
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Consolidated Long Term Indebtedness means, without duplication, (i) all Consolidated Liabilities which by their terms matures more than one year from the date as of which any determination of Consolidated Long-Term Indebtedness is made, (ii) any Consolidated Liabilities maturing within one year from such date which is renewable at the option of the obligor beyond one year from such date, including any Consolidated Liabilities renewable or extendible (whether or not theretofore renewed or extended) under, or payable from the proceeds of other Consolidated Liabilities which may be incurred pursuant to the provisions of, any revolving credit agreement or other similar agreement, and (iii) Capital Lease Obligations. “Consolidated Long-Term Indebtedness” shall not include (i) deferred items and minority interests, or (ii) Consolidated Liabilities consisting of revolving lines of credit under the BNP Credit Agreement.
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Related to Consolidated Long Term Indebtedness

  • Long-Term Indebtedness means any Indebtedness that, in accordance with GAAP, constitutes (or, when incurred, constituted) a long-term liability.

  • Consolidated Funded Indebtedness means, as of any date of determination with respect to the MLP and its Subsidiaries on a consolidated basis, without duplication, the sum of: (a) all obligations for borrowed money (including the Obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount available to be drawn under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by the MLP or a Subsidiary (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by the MLP or such Subsidiary or is limited in recourse; (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f) above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which any Loan Party or any Subsidiary is a general partner or joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such Person.

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.

  • Consolidated Debt means, at any date, the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Total Debt at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Funded Debt means all Indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of such Person, to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date, including Indebtedness in respect of the Loans.