Current Maturities of Long Term Debt definition

Current Maturities of Long Term Debt means, during a period beginning and ending on designated dates, the amount of Company’s long-term debt and capitalized leases which become due during that period.

Current Maturities of Long Term Debt means all payments in respect of Long Term Debt (excluding any such amounts included within Current Debt) that are required to be made within one year from the date of determination, whether or not the Obligation to make such payments would constitute a current liability of the obligor under GAAP.

Current Maturities of Long Term Debt means the current principal maturities of all indebtedness for borrowed money (including but not limited to amortization of capitalized lease obligations) having an original term of one year or more.

Examples of Current Maturities of Long Term Debt in a sentence

• ROU assets and liabilities arising from finance leases are included in the following asset and liability accounts on the Company's Condensed Consolidated Balance Sheet: Net Property, Plant and Equipment, Current Maturities of Long- Term Debt, and Long-Term Debt.

• Debt Service Coverage is defined as EBITDA divided by Current Maturities of Long Term Debt plus Interest Expense.

• Debt Coverage Ratio is defined as: Cash Flow Available to Service Debt of the Borrower (defined as the sum of Net Income, plus Depreciation and Amortization Expense, plus Interest Expense, less Distributions to Owners), divided by the sum of Current Maturities of Long Term Debt plus Interest Expense payable by the Borrower.

• Refer Note 34.2) Instalment of loans falling due within twelve months aggregating ` 25.84 lakhs (` 41.11 Lakhs as at March 2020) have been grouped under Current Maturities of Long Term Debt, Refer Note 21.3) For information about Net Debt reconciliation refer Note 44.

• The numerator shall be Consolidated Pretax Net Income of SRI and SIT plus Interest Expense of SRI and SIT plus Depreciation and Amortization Expense of SRI and SIT less Non-recurring Xxxxxx plus Non-recurring Expenses less an assumed annual charge of $300,000 for annual required Capital Expenditures; Denominator shall be Current Maturities of Long Term Debt of SRI and SIT plus Interest Expenses of SRI and SIT plus Capital Lease payments of SRI and SIT.

More Definitions of Current Maturities of Long Term Debt

Current Maturities of Long Term Debt means, as of any determination date, the aggregate amount of principal payments that were required to be paid during twelve (12) months ending on the determination date on indebtedness (including the principal portion of payments in respect of Capital Leases, but excluding principal payments in respect of the Revolving Loans).

Current Maturities of Long Term Debt means, with respect to all Debt which, in accordance with GAAP, may be properly classified as long-term debt, the portion of such Debt which is due within one (1) year from the date of determination thereof.

Current Maturities of Long Term Debt means that portion of the principal amount of Long Term Debt which must be paid during the twelve fiscal months following the date such determination is to be made.

Current Maturities of Long Term Debt means for Parent and its Subsidiaries, on a consolidated basis, the principal amount due and payable during the next succeeding twelve month period on Debt, including Capitalized Lease Obligations, of Parent and its Subsidiaries for borrowed money which has a final maturity more than twelve months from the date on which such Debt was originally incurred; provided, however, current maturities of the Revolving Note shall not be included in the calculation of Current Maturities of Long Term Debt.

Current Maturities of Long Term Debt means, in respect of any applicable Person(s) and as of any applicable date of determination thereof, that portion of the Long Term Debt of such Person(s) that should be classified as a current liability at such time in accordance with GAAP, including, without limitation, that portion of capital lease obligations of such Person(s) that would be so classified at such time per GAAP.

Current Maturities of Long Term Debt means the principal portion of the long term debt of the Borrower and its Subsidiaries, on a consolidated basis, and the principal portion of the Capitalized Lease Obligations of the Borrower and its Subsidiaries, on a consolidated basis, which will be due in the twelve (12) months immediately following any date of computation of Current Maturities of Long Term Debt in accordance with GAAP, but excluding balloon payments of long term debt due at maturity if it is reasonably contemplated that such balloon payment will be refinanced on or prior to such maturity.

Current Maturities of Long Term Debt means, as of any date of determination, that portion of Consolidated Funded Indebtedness that is due and payable within the twelve (12) month period immediately following the date of determination, calculated in conformity with GAAP.