Net Consolidated Financial Debt definition

Net Consolidated Financial Debt means, for a given Confirmation Date, the sum of the Group's net debt (as defined for accounting purposes on page 73, note 10) and on page 79 of the Group's 2003/2004 annual report for the fiscal year ending March 31, 2004 (the 2004 ANNUAL REPORT).
Sample 1
Net Consolidated Financial Debt means at any time, the aggregate Financial Indebtedness, on a consolidated basis, of the Group minus Consolidated Cash and Cash Equivalents held by any member of the Group at that time.
Sample 1
Net Consolidated Financial Debt means, at any given time, consolidated for Auna and its Subsidiaries, (A) the sum of (a) principal pending payment of all obligations, either current or long-term (including Secured Obligations) and all payment obligations undertaken in bonds, debentures, notes, credit agreements or similar instruments, (b) indebtedness (as the term “Indebtedness” is defined in the International Credit Agreement) for the acquisition of assets, (c) direct financial obligations under letters of credit (commercial or stand-by) and bond letters, (d) obligations relating to payment for the deferred price for the acquisition of properties or services (except for commercial accounts in the ordinary course of business), (e) Attributable debt, (f) without duplication, all guaranties granted with respect to the type of indebtedness (as the term “Indebtedness” is defined in the International Credit Agreement) described in items (a) through (e) originated by Persons other than Auna and its Subsidiaries, and (g) all types of indebtedness (as the term “Indebtedness” is defined in the International Credit Agreement) as described in items (a) through (f) originated by any partnership or joint venture (except joint ventures which are themselves a corporation or limited liability company) in which Auna or a Subsidiary is a general partner or joint venture, except when said indebtedness is expressly agreed upon without any recourse against Auna or a Subsidiary; less (B) the aggregate total in cash and cash equivalents (as the term “Cash Equivalents” is defined in the International Credit Agreement) for Auna Colombia and its Subsidiaries, consolidated and determined pursuant to IFRS, taking into consideration that cash and cash equivalents granted as part of the Loan Documents will be considered unencumbered cash and cash equivalents for purposes of this definition.
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Examples of Net Consolidated Financial Debt in a sentence

  • As outlined in detail under Sections 2 and 10 below, Prysmian Group’s aggregate net consolidated financial debt as at 31 December 2017 (the Net Consolidated Financial Debt) and overall the net financial leverage ratio following the Closing would (i.e. even in lack of an equity injection) remain comfortably in line with all the covenants which Prysmian and Prysmian Group are subject to under the existing financial arrangements.

  • Analysis of the breakdown of Prysmian Group short and medium-long term net financial debt The charts below show the breakdown/composition of the short and medium-long term stand- alone net financial debt of Prysmian and Net Consolidated Financial Debt, as resulting from the Annual Financial Report of the Prysmian Group as of 31 December 2017 (the Annual Financial Report) approved by the Board of Directors of the Company on 27 February 2018.

  • Nevertheless, the increased level of Net Consolidated Financial Debt and overall the net financial leverage ratio may result to be inefficient and inadequate for the combined group in case of any future significant general macroeconomic downturn, or may limit the ability of the combined group to pursue its own growth strategy by way of internal or external lines.

  • Maintain, as of the last day of each fiscal quarter of the Borrower, a Net Consolidated Financial Debt to Adjusted Consolidated Equity Ratio not greater than to 1.8:1.


More Definitions of Net Consolidated Financial Debt

Net Consolidated Financial Debt means the sum of: (i) the short term obligations of the Borrower to banks and financial institutions which is currently account entry No. 5.21.10.10 of the Borrower's Consolidated FECU; plus (ii) the portion of the long term obligations of the Borrower to banks and financial institutions with a tenor of less than one year which is currently account entry No. 5.21.10.20 of the Borrower's Consolidated FECU; plus (iii) the obligations of the Borrower to the public in general (evidenced by promissory notes), which is currently account entry No. 5.21.10.30 of the Borrower's Consolidated FECU; plus (iv) the short term portion of the obligations of the Borrower to the public in general for the issuance of bonds which is currently account entry No. 5.21.10.40 of the Borrower's Consolidated FECU; plus (v) the portion of the long term obligations of the Borrower with a tenor equal to or less than one year which is currently account entry No. 5.21.10.50 of the Borrower's Consolidated FECU; plus (vi) the portion of the long term obligations of the Borrower to banks and financial institutions with a tenor of more than one year which is currently account entry No. 5.22.10.00 of the Borrower's Consolidated FECU; plus (vii) the long term portion of the obligations of the Borrower to the public in general for the issuance of bonds, which is currently account entry No. 5.22.20.00 of the Borrower's Consolidated FECU; plus (viii) any obligation or arrangement of the Borrower to guarantee or intended to guarantee any Debt or other payment obligations of any Person other than any Subsidiary of the Borrower; plus (ix) the long term obligations and account payables of the Borrower owed to its Affiliates, which is currently account entry No. 5.21.20.10 of the Borrower's Consolidated FECU; and plus (x) the short term obligations and account payables of the Borrower owed to its Affiliates, which is currently account entry No. 5.22.50.00 of the Borrower's Consolidated FECU; minus (A) the available cash amount, which is currently account entry No. 5.11.10.10 of the Borrower's Consolidated FECU; minus (B) time deposits, which is currently account entry No 5.11.10.20 of the Borrower's Consolidated FECU; and minus (C) the valores negociables netos, which is currently account entry No. 5.11.10.30 of the Borrower's Consolidated FECU.
Sample 1
Net Consolidated Financial Debt means at any time, the aggregate Financial Indebtedness, on a consolidated basis, of the Group minus Consolidated Cash and Cash Equivalents held by any member of the Group at that time. New York Business Day means a day (other than a Saturday or Sunday) on which banks are open for business in New York.
Sample 1
Net Consolidated Financial Debt means at any time, the aggregate Financial Indebtedness, on a consolidated basis, of the Group minus cash or cash equivalents recognised under US GAAP held by any member of the Group at that time.
Sample 1

Related to Net Consolidated Financial Debt

  • Net Financial Debt ’ means “Gross Financial Debt” less “cash and cash equivalents”. This measure offers to the reader a global view of the Financial Debt without considering the payment terms and reduced by the effects of the available cash and cash equivalents to face these future payments.

  • Total Consolidated Indebtedness means, at any date of determination, an amount equal to the aggregate amount of all Indebtedness of the Company and the Restricted Subsidiaries outstanding as of the date of determination.

  • Consolidated Financials means, for any Fiscal Year or other accounting period of Five Star, annual audited and quarterly unaudited financial statements of Five Star prepared on a consolidated basis, including Five Star’s consolidated balance sheet and the related statements of income and cash flows, all in reasonable detail, and setting forth in comparative form the corresponding figures for the corresponding period in the preceding Fiscal Year, and prepared in accordance with GAAP throughout the periods reflected.

  • Consolidated Total Debt to Consolidated EBITDA Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated First Lien Net Debt means Consolidated Total Net Debt minus the sum of (i) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is not secured by any Lien on the Collateral and (ii) the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is secured by Liens on the Collateral, which Liens are expressly subordinated or junior to the Liens securing the Obligations.

  • Total Consolidated Debt means, at any date of determination, the aggregate Debt of the Company and its Consolidated Subsidiaries (including, without limitation, all Off-Balance Sheet Liabilities); provided that Total Consolidated Debt shall exclude, without duplication, (i) the principal amount of any Securitized Bonds, (ii) any Junior Subordinated Debt of the Company owned by any Hybrid Equity Securities Subsidiary or Hybrid Preferred Securities Subsidiary, (iii) such percentage of the Net Proceeds from any issuance of hybrid debt/equity securities (other than Junior Subordinated Debt, Hybrid Equity Securities and Hybrid Preferred Securities) by the Company or any Consolidated Subsidiary as shall be agreed to be deemed equity by the Agent and the Company prior to the issuance thereof (which determination shall be based on, among other things, the treatment (if any) given to such securities by the applicable rating agencies), (iv) to the extent that any portion of the disposition of the Company’s Palisades Nuclear Plant shall be required to be accounted for as a financing under GAAP rather than as a sale, the amount of liabilities reflected on the Company’s consolidated balance sheet as the result of such disposition, (v) Debt of any Affiliate of the Company that is (1) consolidated on the financial statements of the Company solely as a result of the effect and application of Accounting Standards Codification Subtopic 810-10 (previously referred to as Financial Accounting Standards Board Interpretation No. 46(R) and Accounting Research Bulletin No. 51) and (2) non-recourse to the Company or any of its Affiliates (other than the primary obligor of such Debt and any of its Subsidiaries) and (vi) Debt of the Company and its Affiliates that is re-categorized as such from certain lease obligations pursuant to Section 15 of Accounting Standards Codification Subtopic 840-10 (previously referred to as Emerging Issues Task Force Issue No. 01-8), any subsequent recommendation or other interpretation, bulletin or other similar document by the Financial Accounting Standards Board on or related to such re-categorization.

  • Consolidated Net Indebtedness means at any time, Consolidated Total Indebtedness minus all Unrestricted Cash of the Borrowers and their Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Consolidated First Lien Leverage Ratio means, as of the date of determination, the ratio of (a) Consolidated Indebtedness as of such date that is secured by first-priority Liens on the Collateral to (b) EBITDA for the most recently ended Test Period, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • Financial Debt means a debt along with interest, if any, which is disbursed against the consideration for the time value of money and includes—

  • Consolidated First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Selected Consolidated Financial Data and "Capitalization" fairly present the information set forth therein on a basis consistent with that of the audited financial statements contained in the Registration Statement.

  • Consolidated Net Debt means, as of any date of determination, (a) Consolidated Total Debt minus (b) Available Cash.

  • Consolidated Debt means at any date the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Senior Funded Debt means Consolidated Funded Debt that is not Subordinated Debt.

  • Consolidated Total Debt at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Senior Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Senior Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • Consolidated Total Net Indebtedness means, on any date, the excess of (i) Consolidated Total Indebtedness over (ii) the lesser of (x) $500,000,000 and (y) the aggregate amount of unrestricted cash and cash equivalents of the Company and its Consolidated Subsidiaries, determined on a consolidated basis in accordance with GAAP as of such date.

  • Consolidated Total Funded Indebtedness (i) obligations under any derivative transaction or other Hedging Agreement, (ii) undrawn Letters of Credit, (iii) Earn-Outs to the extent not then due and payable and if not recognized as debt on the balance sheet in accordance with GAAP and (iv) leases that would be characterized as operating leases in accordance with GAAP on the date hereof.

  • Consolidated Indebtedness means at any time the Indebtedness of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Unsecured Indebtedness means, at any time, the portion of Consolidated Total Indebtedness that is Unsecured Debt.

  • Consolidated First Lien Indebtedness means Consolidated Indebtedness that is secured by a first priority Lien (other than Permitted Liens) on assets of any Borrower or Restricted Subsidiary.

  • Consolidated Senior Debt all Consolidated Total Debt other than Subordinated Debt.

  • Consolidated Secured Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Consolidated Secured Net Debt means Consolidated Total Net Debt minus the portion of Indebtedness of the Borrower or any Restricted Subsidiary included in Consolidated Total Net Debt that is not secured by any Lien on property or assets of the Borrower or any Restricted Subsidiary.

  • Consolidated Funded Indebtedness means, as of any date of determination with respect to the MLP and its Subsidiaries on a consolidated basis, without duplication, the sum of: (a) all obligations for borrowed money (including the Obligations) and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments; (b) the maximum amount available to be drawn under letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; (c) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business); (d) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by the MLP or a Subsidiary (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by the MLP or such Subsidiary or is limited in recourse; (e) all Attributable Indebtedness; (f) all obligations to purchase, redeem, retire, defease or otherwise make any payment prior to the Maturity Date in respect of any Equity Interests or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary or involuntary liquidation preference plus accrued and unpaid dividends; (g) all Guarantees with respect to Indebtedness of the types specified in clauses (a) through (f) above of another Person; and (h) all Indebtedness of the types referred to in clauses (a) through (g) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which any Loan Party or any Subsidiary is a general partner or joint venturer, except to the extent that Indebtedness is expressly made non-recourse to such Person.