Current Portion of Long Term Debt definition

Current Portion of Long Term Debt means, as of any calculation date, that portion of long-term Funded Debt due or scheduled to be paid within the next twelve (12) months.

Current Portion of Long Term Debt means as of a given date, the amount of the Borrower’s long-term Indebtedness (other than the amount of the Loans) which became due during the designated period ending on the designated date.

Examples of Current Portion of Long Term Debt in a sentence

Availment of additional credit facilities increased Current Portion of Long Term Debt by 151% from 2008 level of PHP389.23 million to PHP977.90 million.
Principal payments due and payable on the Term Revolving Loan in the final year of the term of such Loan shall be excluded from the definition of Current Portion of Long Term Debt and thereby shall not affect the calculation of Fixed Charge Coverage Ratio during that period.
As used herein "Consolidated Debt Service Coverage Ratio" shall be defined as (1) (A) Net Income, plus (B) Interest Expense, plus (C) Depreciation & Amortization, minus (D) Distributions, minus (E) Extraordinary Income/Non-Recurring Income, divided by (2) (A) Current Portion of Long Term Debt Payments, plus (2) Interest Expense (in each case, measured based upon the financial results of Borrower and Guarantor).
The Parent will maintain as of the last day of each fiscal quarter a ratio of Adjusted EBITDAR divided by the sum of Interest Expense plus Lease Expense plus Current Portion of Long Term Debt for the four consecutive fiscal quarters ended as of such day of not less than 1.85 to 1.00.
In this study, we used three sources of microdata: the social security database OROS, which includes data on all firms with employees in Italy, the Istat register on business employment (ASIA Occupazione) and the balance sheet data of incorporated firms, and a database (acquired by Istat) of the Chamber of Commerce.

Current Portion of Long Term Debt means, as a of any date of determination, the current portion of long-term Debt (excluding Debt owing to sellers of assets or Securities to a Borrower, the Singapore Subsidiary or any of their respective Subsidiaries, and the Revolving Loans) of the Borrowers, the Singapore Subsidiary and their respective Subsidiaries scheduled to be due and payable within twelve (12) months of such date.

Current Portion of Long Term Debt. (“CPLTD”) means, for any period, the scheduled principal loan or capital lease payments paid or required to be paid during the applicable period.

Current Portion of Long Term Debt means, for any period, the current scheduled principal or capital lease payments required to be paid during the applicable period.

Current Portion of Long Term Debt means that portion of long term indebtedness of the Company and its consolidated Subsidiaries which is required to be paid in the immediately succeeding twelve month period, as determined in accordance with Generally Accepted Accounting Principles consistently applied, but excluding the Revolving Credit Loans.

Current Portion of Long Term Debt means, with respect to any Borrower, for any period, all principal obligations of such Borrower for borrowed money (including, but not limited to, any amounts due with respect to capitalized lease obligations, scheduled payments required by Lender on the Obligations and payments allowed by Lender on the Subordinated Debt (if any)), all cash interest payments, all cash income taxes actually paid and CAPEX internally funded, all of which by the terms thereof required repayment within the immediately preceding twelve (12) month period;”