Consolidated Net Financial Debt definition

Consolidated Net Financial Debt means the sum of the following items:
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Consolidated Net Financial Debt means the long term financial debts, including the current portion of long term debts, and the short term financial debts, after deducting short term financial investments, cash and cash equivalents, other forms of cash, if any, such as restricted cash and cash held in escrow, as indicated in the “nota illustrativa” of the consolidated financial statements at 31 December 2013 approved by the Board of Directors of the Company. Quasi-equity borrowings (i.e. hybrid) are included in Consolidated Net Financial Debt.
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Consolidated Net Financial Debt means for any measuring period, the total amount of accrued interest, commission, fees, discounts, break costs, premiums and other financial payments related to Loans, whether paid, to be paid or capitalized by any member of the TB Group related to such measuring period:
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Examples of Consolidated Net Financial Debt in a sentence

  • The increase in Consolidated Net Financial Debt during the course of FY09 is a result of the negative cumulative FCF for the year of 63.3 million euros, explained in the FCF section above.

  • Its Consolidated Net Financial Debt Carrying Amount was 21,672 million euro as of 31 March 2021, compared to 23,714 million euro as of 31 December 2020.

  • The reclassified Separate Consolidated Income Statements, Consolidated Statements of Comprehensive Income, Consolidated Statements of Financial Position and the Consolidated Statements of Cash Flows, as well as the Consolidated Net Financial Debt of the TIM Group are consistent with the consolidated financial statements included in the Annual Financial Report and in the Half-Year Financial Report.

  • Its Consolidated Net Financial Debt Carrying Amount was 26,569 million euros as of 31 March 2020, compared to 28,246 million euros as of 31 December 2019.

  • Here the individual involved in the transactions with GreatAmerica, Anthony Bara, had no association with NRMC, and in fact set up fraudulent telephone accounts unrelated to the GreatAmerica document.

  • Consolidated Net Financial Debt As of September 30, 2018, net financial debt position (cash, cash equivalents plus financial investments and financial NDF minus loans) totaled P$67,901 million, increasing when compared to the consolidated net financial debt position as of December 31, 2017 (calculated as the sum of consolidated net financial debt positions of Telecom Argentina and Cablevisión, which was P$9,580 million).

  • The Company shall ensure that on each Testing Date (commencing with 31 December 2013) the ratio of Consolidated Net Financial Debt to Consolidated Net Worth will not at any time exceed 1.60:1.

  • Net Worth]: the Consolidated Net Financial Debt on each Calculation Date shall not be higher than 1.5 times the Net Worth for the Reference Period ending on that Calculation Date.

  • Following the occurrence of a Rating Event the Company shall ensure that on each Testing Date the ratio of Consolidated Net Financial Debt to Consolidated EBITDA will not at any time exceed 4.0:1.

  • The Company will similarly notify the Beneficiaries of the amount of (i) Consolidated EBITDA achieved for the year 2013, (ii) Total Consolidated EBITDA, and (iii) Consolidated Net Financial Debt, as well as (iv) the result of the division pursuant to the above Article 9, point (ii), within 30 calendar days following the approval by the Board of Directors of the consolidated financial statements for 2013.


More Definitions of Consolidated Net Financial Debt

Consolidated Net Financial Debt means, on the basis of the Company’s annual or, as the case may be, half- yearly consolidated accounts, the difference between:
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Consolidated Net Financial Debt. : means, at the relevant Calculation Date, the consolidated amount for or in respect of Indebtedness deducting the Consolidated Cash and Cash Equivalents.
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Consolidated Net Financial Debt has the meaning given to it in Clause 22 (Financial covenants).
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Consolidated Net Financial Debt means the aggregate amount of the Group’s short, medium and long term borrowings, including leasing agreements (except for leasing agreement relating to current operations), contracted with banks and other lending institutions, less Marketable securities and other financial assets and Cash and cash equivalents, as defined in the semi-annual consolidated audited financial statements and the annual consolidated financial statements audited and certified by the auditors.
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Consolidated Net Financial Debt means the ratio of (i) Consolidated Net Financial Debt to
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Consolidated Net Financial Debt means, at any Determination Date and without double-counting, the sum of any amounts listed in the items “bonds,” “convertible bonds,” “amounts due to shareholders for loans,” “amounts due to banks,” “amounts due to other financial institutions,” “amounts due to subsidiaries,” “amounts due to associates,” “amounts due to parent companies,” and “other payables,” each limited to financial debt, of the Group determined on a consolidated basis, less the amount of any amounts listed in the items “other securities,” “bank and postal deposits,” “cheques,” and “cash in hand” in the Group’s most recent annual audited Consolidated Balance Sheet or semi-annual unaudited Consolidated Balance Sheet.
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Related to Consolidated Net Financial Debt

  • Consolidated Net Indebtedness means at any time, Consolidated Total Indebtedness minus all Unrestricted Cash of the Borrowers and their Subsidiaries calculated on a consolidated basis as of such time.

  • 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 Indebtedness means at any time the Indebtedness of the Company and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Net Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • 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 Net Assets means the aggregate amount of assets (less reserves and other deductible items) after deducting current liabilities, as shown on the consolidated balance sheet of the Company and its Subsidiaries contained in the latest annual report to the stockholders of the Company and prepared in accordance with GAAP.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Total Net Indebtedness means, on any date, the excess of (i) Consolidated Total Indebtedness over (ii) the lesser of (x) $500,000,000 and (y) the aggregate amount of unrestricted cash and cash equivalents of the Company and its Consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP as of such date.

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

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • Consolidated Net Secured Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness that is secured by a Lien as of such date minus all unrestricted cash and Cash Equivalents of the Consolidated Parties as of such date to (b) Consolidated EBITDA for the period of the most recently ended four full consecutive fiscal quarters then last ended (in each case taken as one accounting period) for which financial statements have been or are required to be delivered pursuant to Section 7.01(a) or (b).