External Debt definition

External Debt means obligations (other than the Notes) of, or guaranteed by, the Republic for borrowed money or evidenced by bonds, notes or other similar instruments denominated or payable, or those which at the option of the holder thereof are so denominated or payable, in a currency other than the local currency of the Republic.

External Debt means any debt payable in any medium other than currency which at the time in question is legal tender for the payment of private and public debt in Malaysia whether such debt is payable absolutely or at the option of the creditor in such other medium.

External Debt means any Debt which is denominated or payable, or which at the option of the holder thereof may be payable, in a currency other than Bolívares.

Examples of External Debt in a sentence

• The Authorised Limit for External Debt is the affordable borrowing limit determined in compliance with the Local Government Act 2003.

• For this purpose, any payment of an External Debt Instrument that is made out of the proceeds of the issue of another instrument, to which substantially the same persons as hold claims under the External Debt Instrument have subscribed, shall be disregarded.

• Should the Borrower grant to a third party any security for the performance of any External Debt Instrument or any preference or priority in respect thereof, the Borrower shall, if so required by the Bank, provide to the Bank equivalent security for the performance of its obligations under this Contract or grant to the Bank equivalent preference or priority.

• The Operational Boundary for External Debt is based on the Council’s estimate of most likely, i.e. prudent, but not worst case scenario for external debt.

• The Authorised Limit provides headroom over and above the operational boundary to allow for unusual cash movements Authorised Limit for External Debt The Council has an integrated treasury management strategy and manages its treasury position in accordance with its approved strategy and practice.

More Definitions of External Debt

External Debt means any debt payable in any medium other than local currency whether such debt is or may become payable absolutely or at the option of the creditor in such other medium;

External Debt means any debt which is or may become payable in a medium other than the Currency of the Member.

External Debt means all obligations of any person, and all guarantees or indemnities by any person (whether by contract, statute or otherwise), for or in respect of borrowed money or evidenced by bonds, trust certificates, debentures, notes or similar instruments which, in each case, (1) have an original maturity in excess of one year; and (2) are denominated or payable, or which, at the option of the holder thereof, may be payable in a currency other than the currency of Hong Kong or by reference to a currency other than the currency of Hong Kong;

External Debt means any loan or debt (including any Shari'ah-compliant debt or financing) of Bahrain (whether entered into directly or indirectly by the Issuer) which:

External Debt means any debt which is or may become payable in a Currency other than the Currency of the Recipient.

External Debt means any obligation for the payment or repayment of money borrowed which is denominated in a currency other than the currency of the Republic of Korea (“Korea”);

External Debt means obligations (other than the bonds) of, or guaranteed (whether by contract, statute or otherwise) by, the Republic for borrowed money or evidenced by bonds, debentures, notes or similar instruments denominated or payable, or which, at the option of the holder thereof, may be payable, in a currency other than Dominican pesos or by reference to a currency other than Dominican pesos, regardless of whether that obligation is incurred or entered into within or outside the Republic.