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
The financing agreements with the BNDES and JBIC, and the issuance of debentures of the Company and BrT Celular require compliance with financial ratios such as: (i) EBITDA to Financial Expenses; (ii) Total Financial Debt to EBITDA; and (iii) Total Financial Debt to (Total Financial Debt to Shareholders’ Equity).
Total Financial Debt (also Net Financial Debt): determined according to the provisions set forth in Consob Communication no.
The "Gearing Ratio" is a financial ratio that compares the Company's Total Financial Debt to its Equity.
ICBC's entry to the syndicated loan did not change the conditions of the syndicated loan agreement and does not increase the Company's total debt as it was a refinancing transaction.As of June 30th, 2022, Hoteles City Express had a Total Financial Debt to Total Assets ratio of 39.5%.
The maximum indebtedness of Enel Américas S.A. is defined as the relation between the Total Financial Debt (measured as Other current financial liabilities and Other non-current financial liabilities) lower than or equal to total equity ratio of 2.20 times, based on the consolidated statements of financial position of Enel Américas S.A. as of December 31, 2016.
More Definitions of Total Financial Debt
Total Financial Debt for any period, on a consolidated basis, the aggregate principal amount of outstanding Indebtedness for Borrowed Money;
Total Financial Debt means, as at any Testing Date, the aggregate of all amounts of Debt of the Xxxxx Group Members outstanding as at that Testing Date;
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.
Total Financial Debt means the sum of:
Total Financial Debt means Total Debt – Regulatory Liabilities.