Examples of Related Party Receivables in a sentence
Related Party Receivables and Payables are treated as Current Assets and Current Liabilities as they are deemed to be of a temporary nature.
As used herein “Debt to Tangible Net Worth Ratio” shall be defined as the consolidated: (1) (A) Total Liabilities of each Borrower, minus (B) Subordinated Debt, divided by (2) (A) Net Worth, plus (B) Subordinated Debt, plus (C) Intangibles, minus (D) Related Party Receivables.
Related Party Transactions (in thousands)As at June30, 2019As at December 31, 2018Receivables from Belize Electricity Company Limited (a subsidiary of Fortis Inc.) Receivables from Fortis TCI (a subsidiary of Fortis Inc.)- 66-Total Related Party Receivables Payables to Fortis Inc.
As used herein "Consolidated Debt to Tangible Net Worth Ratio" shall be defined as (1) (A) Total Liabilities, minus (B) Subordinated Debt, divided by (2) (A) Net Worth, plus (B) Subordinated Debt, minus (C) Intangibles, minus (D) Related Party Receivables (in each case, measured based upon the financial results of Borrower and Guarantor).
As used herein "Debt to Tangible Net Worth Ratio" shall be defined as (1) (A) Total Liabilities of Borrower, minus (B) Subordinated Debt, divided by (2) (A) Net Worth, plus (B) Subordinated Debt, minus (C) Intangibles, minus (D) Related Party Receivables.