Current Maturities means the scheduled payments of principal on all indebtedness for borrowed money having an original term of more than one year (including but not limited to amortization of capital or finance lease obligations), as shown on the Borrower’s Financial Statements as of one year prior to the date of determination.
Current Maturities means, as of any date with respect to the Long Term Debt or the Capitalized Lease Obligations of any Person, any portion of such Long Term Debt or Capitalized Lease Obligations, as the case may be, which would in accordance with GAAP be classified as a current liability of such Person.
Current Maturities means, with respect to any Person, the principal portion payable by such Person on Long Term Debt during the twelve-month period immediately succeeding the date of determination.
Examples of Current Maturities in a sentence
Current Maturities of Long-Term Debt, is defined as the principal portions of long-term debt payable within the next twelve months.
Current Maturities of debt (excluding revolving facilities and balloon payments).
If the obligor’s financial information does not itemize Current Maturities, then the Company’s credit officers will use their best efforts to determine an estimate of Current Maturities.
Non-Current portion Current Maturities 31-3-2016 31-3-2015 31-3-2016 31-3-2015 ` Million ` Million ` Million ` MillionSecured Loans : a.
Permit at any time the ratio of (i) Consolidated EBITDA to (ii) Consolidated Interest Expense plus Consolidated Current Maturities on Long Term Debt to be less than 1.25:1.00 at any time.
More Definitions of Current Maturities
Current Maturities means as to any Person, at any date, the current maturities of Funded Debt determined in accordance with GAAP.
Current Maturities means principal maturing or coming due on Indebtedness during the next succeeding period of twelve (12) calendar months or any portion of Indebtedness that would in accordance with GAAP be classified as a current liability of such Person.
Current Maturities means, on any day on which Current Maturities are calculated, the sum of (a) scheduled principal payments on Funded Indebtedness which are payable within one (1) year after such day plus (b) the principal component of payments required to be made with respect to Capital Lease Obligations within one (1) year of said date plus (c), to the extent not included above, all items which in accordance with GAAP would be classified as current maturities of long term debt.
Current Maturities means, with respect to any Person, the principal portion ------------------ payable by such Person on Long Term Debt during the twelve-month period immediately succeeding the date of determination.
Current Maturities means, with respect to any Person, on any date of calculation, the current liabilities of such Person attributable to its long term indebtedness, determined in accordance with GAAP.
Current Maturities means Indebtedness due within one year.
Current Maturities. The term "Current Maturities" means with respect to any item of Indebtedness, the portion of such Indebtedness which by the terms of such Indebtedness or the terms of any instrument or agreement related thereto was due and payable during the relevant Test Period, whether such payment is required by a demand which may be made during such Test Period, regularly scheduled principal payments, mandatory prepayment, sinking fund requirements or final payment at maturity.