Group Debt definition

Group Debt means the sum of the Indebtedness and Guarantees of the Company and its Subsidiaries under U.S. GAAP as reflected in the Company’s financial statements and delivered to the Shareholders by the Company pursuant to Section 8.3(b)(i) or Section 8.3(b)(ii), as applicable, in each case as reconciled to U.S. GAAP, if applicable, but excluding all Project Debt.
View Source
Group Debt means, on any date, the aggregate amount of all obligations of all members of the Group for or in respect of Financial Indebtedness but excluding any Inter-company Indebtedness.
View Source
Group Debt means the intercompany debts of Kuhmo and the Transferring Subsidiaries owed to Vulcan and Altona. Non-Transferring Subsidiaries means Vulcan Hautalampi Oy and Vulcan Kotalahti Oy. Shares means all of the issued shares in Kuhmo. Transaction means the sale of the Shares and the transfer of the Group Debt by Vulcan to Boliden under the Agreement.
View Source

Examples of Group Debt in a sentence

  • Ranking of Payment Claims Liabilities owed by each Obligor (other than RigCo) to the Creditors shall rank in the following order: • first, the Secured Facilities Agreement to which that Obligor is party or a guarantor or security provider in relation thereto; and • second, the Intra Group Debt.

  • Boliden will acquire the Shares and the Group Debt as at the Closing Date.

  • Group Debt no amounts are owing from any Group Company to the Vendor or any Subsidiary Undertaking of the Vendor (other than amounts owing to other Group Companies).

  • There shall have been delivered to He-Ro executed copies of the Junior Bank Group Debt Purchase Agreements.

  • Intra Group Debt Liabilities of the relevant Obligors under intercompany loans made by Intercompany Lenders to RigCo or other Obligors where such loans are required by the terms of the relevant Secured Facilities Agreement and the Intercreditor Agreement to be subordinated.


More Definitions of Group Debt

Group Debt means all indebtedness of the Glantus Group as at the date of this Agreement including pursuant to loan agreements entered into between the Glantus Group and BPC Ireland Lending DAC and Bank of Ireland;
View Source
Group Debt means Debt of the Borrower Group determined on a consolidated basis, but (x) excludes all Non-recourse Debt of Flagler and (y) includes all Debt consisting of recourse obligations of Flagler.
View Source
Group Debt. ’ means the amount of outstanding bank debt, from time to time, drawn down by the Group;
View Source
Group Debt has the meaning given in the Camfaud Articles; provided, that, for purposes of this Agreement, Group Debt shall not include corporation Tax of the Group.
View Source
Group Debt means all indebtedness of the Group Companies with respect to borrowed money, including loans (including, for the avoidance of doubt, the Lockman Outstanding), deferred consideration, debts, any
View Source
Group Debt means all Debt of Metamor or any one or more of its Subsidiaries other than any Xpedior Debt.
View Source
Group Debt means in relation to the Issuer and its subsidiaries (“Group”):
View Source