Examples of Consolidated Net Borrowings in a sentence
PROJECTS Western Australia The Company holds, or has rights or interests in, various projects and tenements prospective for battery metals, copper, iron ore, gold and base metals located in Australia.
Financial Covenants : The Issuer has covenanted with the Trustee that so long as any of the Notes remains outstanding, it will ensure that: (i) the Consolidated Tangible Net Worth (as defined in the Trust Deed) shall not at any time be less than S$1,000,000,000; and (ii) the ratio of Consolidated Net Borrowings (as defined in the Trust Deed) to Consolidated Tangible Net Worth shall not at any time be more than 1.5:1.
It is true that the pull-back of MMFs from the short-term credit markets meant that banks no longer could rely on MMFs to support their “shadow banking” activities and instead were forced to fund such activities themselves.
The Parent must ensure that the ratio of Consolidated Net Borrowings of the Parent Group to EBITDA of the Parent Group at any time does not exceed 2.5 to 1.
Financial Covenants : The Issuer has further covenanted with the Trustee in the Trust Deed that so long as any of the Notes remains outstanding, it will ensure that: (i) the Consolidated Total Equity shall not at any time be less than S$200,000,000; and (ii) the ratio of Consolidated Net Borrowings to Consolidated Total Equity shall not at any time be more than 2.5:1.