Net Debt Position definition

Net Debt Position means a balance calculated in respect of a month with reference to PS Notified Debt and Recoveries in accordance with Condition 2A.3.4.3 and in respect of which a Debt Payment or Debt Repayment may be made;“Non Annual Capacity Product”means a Capacity Product for a period shorter than a Gas Year that provides for capacity to be made available in a Gas Year;“Non Payment Month”means a month in which a relevant PS Non-Payment occurred;“Oversubscription Capacity” or “OS Capacity”means in respect of a given time, an amount of additional capacity (in kWh/day) (not exceeding the Entry Point Additional Capacity) which is available for allocation on a firm basis or is allocated on a firm basis at an Entry Point, for a duration of one Day as a result of the availability of Entry Point Additional Capacity and as determined in accordance with the OS Scheme and the Network Code;“OS Charging Statement”has the meaning given in the OS Conditions;“OS Conditions”means Condition 2A.2.1.11 to Condition 2A.2.1.21;“OS Procedure”has the meaning given to it in the OS Conditions;“OS Scheme”has the meaning given to it in the OS Conditions;“OS Services”has the meaning given in the OS Conditions;“Postalised Charges”means the Forecast Postalised Charges and/or the Year-End Postalised Charges as the case may be;“Postalisation Conditions”means the Conditions in Part 2A and the OS Conditions;“Postalised System” or “PS”means the system comprising all gas pipe-lines designated as being subject to a common tariff pursuant to all orders made pursuant to Article 59 of the Energy (Northern Ireland) Order 2003 in force atsuch time;
Sample 1
Net Debt Position means a balance calculated in respect of a month with reference to PS Notified Debt and Recoveries in accordance with Condition 2A.3.4.3 and in respect of which a Debt Payment or Debt Repayment may be made;
Sample 1
Net Debt Position means a balance calculated in respect of a month with reference to PS Notified Debt and Recoveries in accordance with Condition 2A.3.4.3 and in respect of which a Debt Payment or Debt Repayment may be made; “Non Annual Capacity Product” means a Capacity Product that provides for capacity to be made available throughout a period shorter than a Gas Year; “Non Payment Month” means a month in which a relevant PS Non-Payment occurred; “Oversubscription Capacity” or “OS Capacity”
Sample 1

Examples of Net Debt Position in a sentence

  • Net Debt Position The Corporation has a $350 million senior secured revolving corporate loan facility (the “Facility”) with a syndicate of leading international banks, which is scheduled to be repaid between September 2018 and March 2020.

  • Net Debt PositionThe following table summarises the Company’s net debt position as at 30 September 2021 and 31 December 2020.Table 32: Net Debt Position ($'000s)1Corporate loan facilities are presented at face value.2 Adjusted EBITDA is per table 35 and is calculated using the trailing twelve months Adjusted EBITDA.

  • Each faculty member holds a current CCEA and is independent of the Board.

  • Retail Fuel Gallons Sold in LTM142 / 65Total Dealer Locations/ Contracted Dealer LocationsDelek US Focused on Creating Long Term Shareholder ValueFinancial flexibility supports ability to explore opportunities Delek US Net Debt Position 6/30/16Cash$377.1Total Debt941.4Net Debt (Cash)564.3DKL Debt362.6Net Debt (Cash)excluding DKL $201.7 $535 million(1) retail transaction should reduce debt and improve cash position– Debt associated with the retail assets will be repaid from proceeds at closing.

  • The Cross Debt Clearing House (CDCH) agreed position in 2009 was used as the opening balance for rolling-over bills and payments to arrive at the Net Debt Position yearly.

  • In his own mind, Bill is convinced that they can practice landings for another 30 minutes to an hour and still return to home base.

  • Assessment of new nuclear power plants and candidate sitesThe Construction Licence for the Olkiluoto 3 unit was granted by the Government in February 2005.

  • The link to this report on the WWU website is as follows: https://wwutilities.co.uk/media/3086/network-innovation-allowance-annual-summary-2018- 19.pdf R7 / R8 – Finance and Net Debt Position Cost of Debt (excluding derivatives)WWU continues to have a significant shortfall against the Cost of Debt allowance for GD1.

  • Since the replacement of the temporary motor with a permanent motor in February 2013, the new electric energy co-generation41motor has run at full capacity.BEFESA Year ended December 31,Three-month period ended December 31, 20122013 Total Net Debt Position As Of 2013 YE (Excl.

  • Retail Fuel Gallons Sold in LTM142 / 65Total Dealer Locations/ Contracted Dealer LocationsDelek US Focused on Creating Long Term Shareholder ValueFinancial flexibility supports ability to explore opportunities Delek US Net Debt Position 6/30/16Cash$377.1Total Debt941.4Net Debt (Cash)564.3DKL Debt362.6Net Debt (Cash)excluding DKL $201.7⮚ $535 million(1) retail transaction should reduce debt and improve cash position– Debt associated with the retail assets will be repaid from proceeds at closing.


More Definitions of Net Debt Position

Net Debt Position means a balance calculated in respect of a month with reference to
Sample 1
Net Debt Position means (i) the Indebtedness of the Company and its Subsidiaries, taken as a whole, as of December 31, 2023, minus (ii) the cash and cash equivalents of the Company and its Subsidiaries, taken as a whole, as of December 31, 2023, which amount is set forth on Section 8.3(vv) of the Company Disclosure Letter.
Sample 1
Net Debt Position means the difference between the Indebtedness for Borrowed Money from banking institutions of the Company and the 1998 Consolidated Entities) and the book cash position of the Company and the 1998 Consolidated Entities; provided, that no more than DM3 million of the consolidated book cash utilized in such calculation shall be attributable to Xxxxx, Inc.
Sample 1

Related to Net Debt Position

  • Net Debt is calculated by adding short-term and long-term debt and subtracting cash and liquid assets.

  • Debt Yield as of any date of determination, the percentage obtained by dividing:

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

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

  • First Lien Leverage Ratio means the ratio, as of any date, of (a) Consolidated First Lien Debt as of the last day of the Test Period then most recently ended to (b) Consolidated Adjusted EBITDA for the Test Period then most recently ended, in each case of the Borrower and its Restricted Subsidiaries on a consolidated basis.

  • Consolidated Total Leverage Ratio means, with respect to any Person as of any Applicable Calculation Date, the ratio of (x) Consolidated Total Indebtedness as of such date to (y) the aggregate amount of Consolidated EBITDA for the period of the most recent four consecutive fiscal quarters ending prior to the Applicable Calculation Date for which internal consolidated financial statements of the Issuer are available, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Cash Flow Leverage Ratio means as of the last day of any calendar quarter the ratio of the Total Funded Debt as of such day to Adjusted EBITDA for the four calendar quarters then ended.

  • 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.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date that is secured on a first lien basis by assets or properties of Holdings or any Subsidiaries to (b) Consolidated EBITDA of Holdings and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Adjusted Leverage Ratio means, as of any date, the ratio of (a) Consolidated Total Funded Debt outstanding as of such date minus any Unrestricted Cash over $3,000,000 to (b) EBITDA for the period of four consecutive fiscal quarters ending on such date.

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

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

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

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

  • Total Net Debt means, at any time, the aggregate amount of all obligations of members of the Group for or in respect of Borrowings at that time but:

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

  • Consolidated Total Net Debt means, as of any date of determination, the aggregate principal amount of Indebtedness of the Borrower and its Restricted Subsidiaries outstanding on such date, in an amount that would be reflected on a balance sheet prepared as of such date on a consolidated basis in accordance with GAAP (but (x) excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting in connection with the Transactions or any Permitted Acquisition and (y) any Indebtedness that is issued at a discount to its initial principal amount shall be calculated based on the entire principal amount thereof), consisting of Indebtedness for borrowed money, Attributable Indebtedness, and debt obligations evidenced by promissory notes or similar instruments, minus the aggregate amount of cash and Cash Equivalents (other than Restricted Cash), in each case, that is held by the Borrower and its Restricted Subsidiaries as of such date free and clear of all Liens, other than nonconsensual Liens permitted by Section 7.01 and Liens permitted by Section 7.01(a), Section 7.01(p) and Section 7.01(q) and clauses (i) and (ii) of Section 7.01(r); provided that Consolidated Total Net Debt shall not include Indebtedness in respect of (i) letters of credit (including Letters of Credit), except to the extent of unreimbursed amounts thereunder; provided that any unreimbursed amount under commercial letters of credit shall not be counted as Consolidated Total Net Debt until 3 Business Days after such amount is drawn and (ii) Unrestricted Subsidiaries; it being understood, for the avoidance of doubt, that obligations under Swap Contracts entered into for non-speculative purposes do not constitute Consolidated Total Net Debt.

  • Net Debt Proceeds means, with respect to any incurrence of Indebtedness for borrowed money, the cash proceeds (net of underwriting discounts and commissions and other reasonable costs associated therewith) received by the respective Person from the respective incurrence of such Indebtedness for borrowed money.

  • Consolidated Senior Leverage Ratio means the ratio of Consolidated Senior Debt, determined as of the last day of any fiscal quarter of the Company, to Consolidated EBITDA for the period of 12 months ending on such last day.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

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

  • EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Consolidated First Lien Net Debt means, as of any date of determination, the aggregate principal amount of Consolidated Net Debt on such date that is secured by a Lien on any asset of the Borrower and its Restricted Subsidiaries as of such date, but excluding such Indebtedness to the extent secured on a junior lien basis to the Obligations.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Total Debt means, at any time, the total Indebtedness of the Borrower and the Subsidiaries at such time (excluding Indebtedness of the type described in clause (i) of the definition of such term, except to the extent of any unreimbursed drawings thereunder).