Total Debt Amount definition

Total Debt Amount means the sum of the following amounts, expressed in Rupees (with all amounts denominated in currencies other than Rupees being converted to Rupees at the reference Exchange Rate, the selling rate in Rupees for the Foreign Currency on the relevant Day, as notified by the State Bank of India as its TT Rate at 12:00 noon on the date of issuance of Substitution Notice by the Lenders (a) the principal amount of the senior debt incurred by the Solar Power Developer (as per the terms of the Financing agreements) to finance the Project according to the Capital Structure Schedule which remains outstanding on the date of issuance of Substitution Notice by the Lender after taking account of any senior debt repayments which could have been made out of the Monthly Tariff Payments received by the Solar Power Developer on or before the date of issuance of Substitution Notice by the Lender as per the terms provided in the Financing agreements ; and all accrued interest and financing fees payable under the Financing agreements on the amounts referred to in (a) above from the date of supply of power till the date preceding the date of issuance of Substitution Notice by the Lender or, if supply of power has not yet begun, from the most recent date when interest and financing fees were capitalized, and (b) if this PPA is terminated during the Construction Period, any amounts owed to the construction contractor for work performed but not paid for under the construction contract (other than amounts falling due by reason of the Solar Power Developer’s default); Unavailability of Grid shall mean any time when the grid is unavailable during solar operational hours starting from 06:00 hrs to 18:00 hrs in a day shall be considered as grid unavailability period;

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Total Debt Amount means the sum of the following amounts, expressed in US Dollars, namely:

Total Debt Amount means the sum of the following amounts, expressed in Rupees (with all amounts denominated in currencies other than Rupees being converted to Rupees at the Reference Exchange Rate, the selling rate in Rupees for the Foreign Currency on the relevant day, as notified by the State Bank of India as its TT Rate at 12:00 noon on the date of issuance of Substitution Notice by the Lenders

Examples of Total Debt Amount in a sentence

By way of example only, If the Warrant Exercise Price is $0.20 in connection with the first loan from ASYM and the Total Debt Amount of $1,000,000, then the Adjustment Shares will equal: [($1,000,000/$0.20) - ($1,000,000/$0.25)] - 0 = 1,000,000 shares.
The Closing Balance Sheet shall set forth (A) the Closing Working Capital Amount, (B) the unpaid Total Debt Amount, (C) all unpaid Transaction Fees, (D) all unpaid Change of Control Payments and (E) unpaid Target Tail Policy Premium, each as of the Closing Date, shall include a reasonably detailed summary of the calculations made to arrive at such amounts, and shall be based upon the amounts reflected on the Closing Balance Sheet.
N/A Bidding Instructions Bid Total Debt Amount or 85% of the BPO value, whichever is less.
Subject to the terms of the PPA, upon occurrence of an SPD Event of Default under the PPA, the Lenders shall, have the right to seek substitution of the SPD by a Selectee, meeting or exceeding eligibility criteria as per PPA or/ and RFP, for the residual period of the PPA, for the purposes of securing the payments of the Total Debt Amount from the SPD and performing the obligations of the SPD, in accordance with the provisions of this Article.
Each such notice shall be irrevocable and shall specify the requested date (which shall be a Business Day) and amount of the requested Swingline Loan and the location and number of the Borrowers’ account or other designated account(s) to which funds are to be disbursed and shall include such information with respect to the Maximum ABL Credit Facility Amount and Maximum ABL Total Debt Amount as Administrative Agent may reasonably request.

More Definitions of Total Debt Amount

Total Debt Amount means, without duplication, (a) all obligations for money borrowed; (b) all obligations evidenced by notes, debentures, bonds or other similar instruments for the payment of which the Company is responsible or liable; (c) all obligations issued or assumed for deferred purchase price payments associated with acquisitions, divestments or material transactions; (d) all obligations under leases required to be capitalized in accordance with GAAP, as consistently applied, except for leases incurred in the ordinary course of business; (e) all obligations for the reimbursement on any letter of credit, banker’s acceptance, guarantees or similar credit transaction, in each case, that has been claimed against; but excluding in all cases in clauses (a) through

Total Debt Amount means the aggregate amount of all outstanding Indebtedness of Target on the Closing Date (including all principal and prepayment penalties and premiums and all accrued interest and fees).

Total Debt Amount shall have the meaning set forth in Section 2.2.2(iv).

Total Debt Amount means, as of the Closing, (i) the outstanding principal amount of all indebtedness for borrowed money or other funded debt of the Company or any of its Subsidiaries, and all interest thereon, (ii) all obligations of the Company or any of its Subsidiaries as lessee under any lease that would be required to be capitalized in accordance with GAAP, (iii) any outstanding fees, costs or expenses owed by the Company or any of its Subsidiaries with respect to any such debt or capital lease obligations and (iv) any prepayment, breakage, make-whole, termination, cancellation, or similar fees, costs, or expenses due as a result of any prepayment of any of such debt or capital lease obligations or the termination of the underlying credit facility to which they relate.

Total Debt Amount means, with respect to any Acquired Entity as of any date of determination, the aggregate outstanding principal amount of all Indebtedness of such Acquired Entity and its Subsidiaries as of such date after giving effect to any Indebtedness incurred by such Acquired Entity or any of its Subsidiaries on such date (assuming, for such purposes, that the entire amount of all available revolving Indebtedness or other committed =drawn Indebtedness of such Acquired Entity and its Subsidiaries were drawn and outstanding on such date in full).