Debt Retirement definition

Debt Retirement means all annual principal and interest requirements and obligations of the Approving Authority for the Wastewater Treatment Facilities.
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Debt Retirement has the meaning assigned to such term in Section 6.01(a)(ii)(C).
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Debt Retirement means all annual principal and interest requirements and obligations of the Sanitary District for the Sewerage System.
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Examples of Debt Retirement in a sentence

  • Transfers to and from the Debt Retirement Account and the Fiscal Stabilization Account do not affect the calculation of balance.

  • Sinking Fund and Public Debt Retirement Fund investments are recorded at cost and consist primarily of debentures of the Province of Nova Scotia, other provincial governments and the Government of Canada.

  • Debt Retirement Costs = Losses incurred under GAAP when outstanding debt is purchased for retirement, net of hedge unwind gain/loss.

  • The balance was calculated by subtracting Core Government operating expenditures from Core Government revenue, and making adjustments for payments to the Debt Retirement Account and transfers from the Fiscal Stabilization Account.

  • The Balanced Budget Act required a minimum annual payment to the Debt Retirement Account starting in fiscal year 2012, of $110.5 million plus 7% of all debt repayments made after 2011, for the purpose of retiring the net general purpose debt and pension liability of the Province.

  • In the unlikely event that the outstanding Convertible Notes are converted prior to the Debt Retirement, the proceeds of the Offering will be used to pay down other indebtedness of the Company and/or working capital.

  • Under the previous Act, the Government was required to achieve a positive balance for Core Government operations each fiscal year and make a minimum contribution to the Debt Retirement Account.

  • Historical Debt Retirement Cost Amortization = the current-period, straight-line amortization of all historical debt retirement costs over the original remaining lives of the retired liabilities.

  • DEBT/PENSION REPAYMENT The 2007 Budget provides for a $110.5 million contribution to the Debt Retirement Fund.

  • The ratio of Free Cash Flow of Borrower to Mandatory Debt Retirement and Interest Payments of Borrower determined over the prior four (4) quarters shall not fall below 1.5 to 1, at any time; provided, however, that Free Cash Flow shall be adjusted to reflect acquisitions and disposition of assets over the prior four (4) quarters.


More Definitions of Debt Retirement

Debt Retirement means the annual cost of principal and interest incurred by the Wastewater Department for the wastewater treatment plant and other core sanitary sewer collection system facilities such as forcemains and pumping stations
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Debt Retirement means the long-term debt is retired at final maturity through serial retirements.
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Debt Retirement means the retirement of certain indebtedness of the Company and its Subsidiaries existing as of the Closing Date.
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Debt Retirement shall have the meaning provided in Section 5.06(a).
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Related to Debt Retirement

  • Qualifying Retirement means the Employee’s voluntary termination of employment after the Employee has (i) attained (X) age sixty-five (65), (Y) age fifty-five (55) with ten (10) Years of Service as a full-time employee of the Partnership or any of its Affiliates, or (Z) an age which, when added to such Years of Service of the Employee equals at least seventy-five (75), and (ii) previously delivered a written notice of retirement to the Partnership and on the date of retirement the Employee has satisfied the minimum applicable advance written notice requirement set forth below: Age at Voluntary Termination Number of Years of Advance Notice 58 or younger 59 60 or older 3 years 2 years 1 year By way of illustration, and without limiting the foregoing, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee later terminates employment at age fifty-nine (59), then the Employee’s retirement at age fifty-nine (59) would not constitute a Qualifying Retirement. However, if (i) the Employee is eligible to retire at age fifty-nine (59) after ten (10) Years of Service, (ii) the Employee gives two (2) years notice at age fifty-eight (58) that the Employee intends to retire at age sixty (60), and (iii) the Employee terminates employment upon reaching age sixty (60), then the Employee’s retirement at age sixty (60) would constitute a Qualifying Retirement.

  • Retirement means Normal or Early Retirement.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Disability retirement for plan 1 members, means the period

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.

  • Normal Retirement means retirement from active employment with the Company or any Subsidiary on or after age 65.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Continuing care retirement community means a residential

  • Mandatory Retirement means termination of employment pursuant to the Company’s mandatory retirement policy.

  • Early Retirement means early retirement as that term is defined by the Plan Administrator from time to time for purposes of the Plan.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Retirement Date means the date as of which a Participant retires for reasons other than Total and Permanent Disability, whether such retirement occurs on a Participant's Normal Retirement Date or Late Retirement Date (see Section 6.1).

  • Early Retirement Age means the date that the Executive has attained age 55 and completed seven Years of Service.

  • Normal Retirement Age means the Executive's 65th birthday.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.