Total Financial Debt means, at any time, the aggregate of all amounts of principal due and owing at such time under or in respect of (i) the Senior Loans, (ii) Permitted High Yield Back to Back Debt of the Borrower and (iii) any other Financial Debt of the Borrower other than the Existing Loans Indebtedness.
Total Financial Debt means, at the date of determination, all Indebtedness of XL Group and its Subsidiaries determined on a consolidated basis in accordance with GAAP (it being understood, for avoidance of doubt, that any liability or obligation excluded from the definition of Indebtedness shall not constitute Indebtedness for purposes of this definition); provided, however, that Total Financial Debt shall not include (i) Operating Indebtedness, (ii) Indebtedness arising under any Specified Transaction Agreement, (iii) Indebtedness in respect of undrawn Letters of Credit or drawn Letters of Credit that have been reimbursed, to the extent such Letters of Credit are issued in the ordinary course of business or the beneficiary thereof is XL Group or any of its Subsidiaries and (iv) Hybrid Capital (provided that, for the avoidance of doubt, if only a portion of such Indebtedness would qualify as Hybrid Capital, only such portion would be excluded in determining Total Financial Debt).
Total Financial Debt. : means the debit balance of principal and interest on short and long-term loans and financing with financial institutions, including capital markets operations and third party debts (excluding the Issuer's subsidiaries) guaranteed by the Issuer and / or its subsidiaries, plus debts resulting from the acquisitions made by the Issuer and/or its subsidiaries, based on the Issuer's last Consolidated Financial Statements presented to CVM.
Examples of Total Financial Debt in a sentence
Net Debt to EBITDA defined as Total Financial Debt minus Cash and Cash Equivalents divided by EBITDA for the last twelve months.
Net Debt is defined as Total Financial Debt less Cash and Cash Equivalents.
Total Financial debt is defined as financial loans and debt for acquisitions, including accrued interest.(2) Net Debt is defined as Total Financial Debt less Cash and Cash Equivalents.
Balances and transactions with related parties are detailed in Note 15 to the Consolidated Financial Statements.(1) Debt Coverage Ratio is defined as Total Financial Debt divided by Adjusted EBITDA.
The decrease in Total Financial Debt is mainly explained by lower short-term debt maturities.
More Definitions of Total Financial Debt
Total Financial Debt means Total Debt – Regulatory Liabilities.
Total Financial Debt for any period, on a consolidated basis, the aggregate principal amount of outstanding Indebtedness for Borrowed Money;
Total Financial Debt means, in respect of the Borrower, on a consolidated basis, the sum of all interest-bearing liabilities, being the sum of non-current financial debt and current financial debt; for the avoidance of doubt, obligations under finance leases shall be included and derivative financial instruments shall not be included in the calculation of interest- bearing liabilities. Tranche has the meaning given to it in Clause 8.3. Transaction Documents means the Finance Documents and the Senior Secured Note Documents.
Total Financial Debt means the sum of:
Total Financial Debt means the financial obligations consolidated with banks and financial institutions and with the public at large –including obligations documented by promissory notes, notes, commercial papers, and alike–; liabilities and accounts and documents payable to institutions associated to banks and financial institutions, short- and long-term leasing transactions; and contingent financial obligations, all determined as per the generally accepted accounting principles ruling in Chile. “Banking Business Day” means any day on which commercial banks are required to be open to the public. Notwithstanding this, for the purposes of computing legal and Court periods, a Banking Business Day will have the meaning assigned to such expression by the law of the place where such period shall be computed. “Loan Documents” means this Loan Re-structuring Agreement and any Promissory Notes as may be amended, extended and/or issued and signed in connection with this Agreement. “EBITDA” means, for any period, the sum of the consolidated Operating Income (loss) –line five . thirty-one . eleven . zero zero of FECU, and (i) the depreciation of Fiscal Year –line five-fifty . thirty . zero five of FECU, and (ii) the Amortization of Intangibles –line five . fifty . thirty-ten of FECU. “Related Companies” means, with respect to DEBTOR, the companies described in section one hundred of the Securities Exchange Market Law. “FECU” means Ficha Estadística Codificada Uniforme [Statistical Uniform Encoded Record] on which the financial statements are reported in accordance with Sxxxxxxxxxxxxxxx xx Xxxxxxx x Xxxxxxx xx Xxxxx [the Chilean Superintendence of Securities and Insurance], and prepared in accordance with the generally accepted accounting principles of Chile. “Financial Expense” means total expenses pursuant to tine five . thirty-one . twelve. sixty of FECU. “Greater Sxxxxxxx” means the territory comprising the following thirty-four districts of the Metropolitan Region of Chile: Cerrillos, Cerro Navia, Conchali, El Bosque, Estación Central, Huechuraba, Independencia, La Cisterna, La Florida, La Granja, La Pintana, La Reina, Las Condes, Lo Barnechea, Lo Exxxxx, Lo Pxxxx, Macul, Maipú, Ñuñoa, Pxxxx Xxxxxxx Xxxxx, Peñalolén, Providencia, Pudahuel, Quilicura, Quinta normal, Recoleta, Renca, San Jxxxxxx, San Mxxxxx, San Ramón, Santiago, Vitacura, San Bxxxxxxx, and Pxxxxx Alto. “Extension Sheets” has the meaning assigned in the Sixth Clause of this Agreement. “Management Fees” means the remunera...
Total Financial Debt means at any time the aggregate outstanding principal or capital amount of all Adjusted Financial Debt of the Group calculated on a consolidated basis.