Debt Balance definition

Debt Balance is defined in Section B of Annex B.

Debt Balance means 110% of the principal amount of the Outstanding Notes.

Debt Balance means 110% of the principal amount of the Outstanding Securities.

Examples of Debt Balance in a sentence

• Additional Pari Passu Debt Balance Yes Yes Yes Debt amount ranking pari passu to the Loans.

• Sr. Debt Balance Yes Yes Yes Debt amount ranking senior to the Loans.

• If there is any Vendor Debt Balance and/or Cash Advance Facility Balance, the Purchaser shall, at Completion, provide to the Target Company a loan with an amount equal to the Vendor Debt Balance and/or Cash Advance Facility Balance for the purpose of the Target Group’s repayment of the Vendor Debt Balance and the Cash Advance Facility Balance.

• The Group expects to record gross proceeds of approximately NZ$1,880 million (equivalent to approximately HK$9,953 million), based on the unadjusted Initial Purchase Price and estimated Vendor Debt Balance and the net proceeds of approximately NZ$1,866 million (equivalent to approximately HK$9,878 million), after deducting the related transaction costs and expenses and tax, from the Disposal.

• The Initial Purchase Price shall be calculated by Enterprise Value of NZ$1,900 million (equivalent to approximately HK$10,059 million) less the Vendor Debt Balance, Cash Advance Facility Balance, Escrow Amount and Completion Deductible, each to be notified by the Vendor to the Purchaser prior to Completion, and subject to the First Adjustment (as defined below).

More Definitions of Debt Balance

Debt Balance means the balance due under all indebtedness of Target, Target Subsidiaries and Retail Entities at the Effective Time, including but not limited to accrued but unpaid interest, and incurred but unpaid prepayment premiums. The Debt Balance does not include the Exchange Properties Indebtedness, as this shall be an obligation of NPI at the Effective Time.

Debt Balance means 110% of the outstanding Original Amount of the Equipment Notes.

Debt Balance. ​ means the aggregate of the amounts of Debt as at the Completion Close Time (expressed as a positive amount); [***] ​ ​ ​ ​ ​ ​ CERTAIN IDENTIFIED INFORMATION HAS BEEN EXCLUDED FROM THIS EXHIBIT BECAUSE IT (I) IS NOT MATERIAL AND (II) WOULD BE COMPETITIVELY HARMFUL IF PUBLICLY DISCLOSED. SUCH EXCLUDED INFORMATION HAS BEEN MARKED WITH “[***]”. ​ ​ ​ ​

Debt Balance means the positive balance, if any, of Debt of the Company Group on a consolidated basis, calculated as of the Closing Date immediately after giving effect to the Transactions (including the making of the payments set

Debt Balance means the sum of cash amount owed by a Client in his margin account including financial expenses, brokerage, CDBL charges and any other fees and charges of the Company.

Debt Balance means the sum of the following (without duplication):

Debt Balance means the total debt balance due for the relevant Quarter;