Examples of Target Bonds in a sentence
The ratio of Consolidated Total Net Debt on each date set out in Column 1 below to Consolidated EBITDA for any Relevant Period ending on any Quarter Date specified in Column 1 below shall not exceed the ratio set out in Column 2 in the situation where less than 50 per cent of the Target Bonds (by value) are outstanding and Column 3 in the situation where 50 per cent or more of the Target Bonds (by value) are outstanding below opposite such date.
The percentage of Target Bonds redeemed, refinanced or repurchased by the Group by the Adjustment Date (determined by reference to the principal amount of the Target Bonds outstanding at the time of the Tender) Maximum amount of euro that may be redenominated in US Dollars (determined by reference to the Agent’s Spot Rate of Exchange).
The percentage of Target Bonds redeemed, refinanced or repurchased by the Group by the Adjustment Date (determined by reference to the principal amount of the Target Bonds outstanding at the time of the Tender) Maximum amount of euro that may be redenominated in US Dollars (determined by reference to the Agent's Spot Rate of Exchange).
The ratio of Consolidated Total Net Debt on each date set out in Column 1 below to Consolidated EBITDA for any Relevant Period ending on any Quarter Date specified in Column 1 below shall not exceed the ratio set out in Column 2 in the situation where less than 50 per cent of the Target Bonds (by value) are outstanding and Column 3 in the situation 139 where 50 per cent or more of Target Bonds (by value) are outstanding below opposite such date.
The ratio of Consolidated EBITDA for any Relevant Period ending on any Quarter Date specified in Column 1 below, to Consolidated Net Finance Charges in respect of that Relevant Period shall not be less than the ratio set out in Column 2 in the situation where less than 50 per cent of the Target Bonds (by value) are outstanding and Column 3 in the situation where 50 per cent or more of the Target Bonds (by value) are outstanding below opposite the expiry date for that Relevant Period.
The ratio of Consolidated Total Net Debt on each date set out in Column 1 below to Consolidated EBITDA for any Relevant Period ending on any Quarter Date specified in Column 1 below shall not exceed the ratio set out in Column 2 in the situation where less than 50 per cent of the Target Bonds (by value) are outstanding and Column 3 in the situation where 50 per cent or more of Target Bonds (by value) are outstanding below opposite such date.
Any costs associated with maintaining the Dxxx Target Bonds outstanding after the Closing shall be borne 48.803% by Dxxx Mexico and 51.197% by Spicer.