Total Financial Obligations definition

Total Financial Obligations. With respect to any fiscal period and any Person, an amount equal to the sum of all principal payments (including the principal portion of Capitalized Lease payments) on Funded Debt that become due and payable or that are to become due and payable during such fiscal period pursuant to any agreement or instrument to which such Person is a party. Demand obligations shall be deemed to be due and payable during any fiscal period during which such obligations are outstanding.
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Total Financial Obligations. With respect to any fiscal period and any Person, an amount equal to the sum of all principal payments (including the principal portion of Capitalized Lease payments) on Funded Debt that become due and payable or that are to become due and payable during such fiscal period pursuant to any agreement or instrument to which such Person is a party. Demand obligations shall be deemed to be due and payable during any fiscal period during which such obligations are outstanding. Total Interest Expense. For any period and with respect to any Person, the aggregate amount of interest required to be paid in cash by such Person during such period on all Indebtedness of such Person outstanding during all or any part of such period, whether such interest was or is required to be reflected as an item of expense or capitalized, including payments consisting of interest in respect of Capitalized Leases and including commitment fees, agency fees, facility fees and similar fees or expenses in connection with the borrowing of money, but, with respect to the Borrowers, excluding the Closing Fee. Total Liabilities. All liabilities of any Person determined in accordance with generally accepted accounting principles. Triggering Acquisition. The acquisition by the Parent, the Borrower or any of its Subsidiaries of any Person, business, division or specified group of assets after the Closing Date involving consideration paid or to be paid by the Parent, the Borrower and its Subsidiaries (including assumption of liabilities) in one or a series of transactions in excess of $10,000,000.
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Total Financial Obligations. With respect to any fiscal period and any Person, an amount equal to the sum of all principal payments (including the principal portion of Capitalized Lease payments) on Funded Debt that become due and payable or that are to become due and payable during such fiscal period pursuant to any agreement or instrument to which such Person is a party. Demand obligations shall be deemed to be due and payable during any fiscal period during which such obligations are outstanding. Total Interest Expense. For any period and with respect to any Person, the aggregate amount of interest required to be paid in cash by such Person during such period on all Indebtedness of such Person outstanding during all or any part of such period, whether such interest was or is required to be reflected as an item of expense or capitalized, including payments consisting of interest in respect of Capitalized Leases and including commitment fees, agency fees, facility fees and similar fees or expenses in connection with the borrowing of money, but, with respect to the Borrowers, excluding the Closing Fee.
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Examples of Total Financial Obligations in a sentence

  • For any fiscal period of any Person, an amount equal to (a) the Total Financial Obligations of such Person for such period plus (b) the Total Interest Expense of such Person for such period, plus (c) Adjusted Outstandings of such Person for the fiscal quarter of the Borrowers most recently ended, in each case determined in accordance with generally accepted accounting principles consistently applied.

  • For any fiscal period of any Person, an amount equal to (a) the Total Financial Obligations of such Person for such period plus (b) the Total Interest Expense of such Person for such period, in each case determined in accordance with generally accepted accounting principles consistently applied.

  • For any fiscal period of any Person, an amount equal to the SUM of (a) the Total Interest Expense of such Person for such period PLUS (b) the Total Financial Obligations of such Person for such period, as determined in accordance with GAAP.

  • With respect to the Borrower and its Subsidiaries and for any fiscal period, the SUM (without duplication) of (i) Consolidated Total Interest Expense for such period PLUS (ii) Consolidated Total Financial Obligations for such period.


More Definitions of Total Financial Obligations

Total Financial Obligations. I. Plus: Total Interest Expense: _________ J. Plus: Adjusted Revolver Outstandings _________ K. Total Debt Service (H+I+J): _________ Computed Ratio (GK): _________ Minimum ratio allowed: 1.5: 1 Excess (deficiency) in ratio: _________
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Total Financial Obligations. With respect to any fiscal period, an amount equal to the sum of all principal payments on the Loans that become due and payable or that are to become due and payable during such fiscal period pursuant to this Credit Agreement. Demand obligations under the Credit Agreement shall be deemed to be due and payable during any fiscal period during which such obligations are outstanding.
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Related to Total Financial Obligations

  • Legal financial obligation means a sum of money that is

  • Material Financial Obligations means a principal or face amount of Debt (other than (i) the Loans and (ii) Non-recourse Debt) and/or payment or collateralization obligations in respect of Derivatives Obligations of the Borrower and/or one or more of its Subsidiaries, arising in one or more related or unrelated transactions, exceeding in the aggregate $150,000,000.

  • Financial Obligation means a (i) debt obligation; (ii) derivative instrument entered into in connection with, or pledged as security or a source of payment for, an existing or planned debt obligation; or (iii) guarantee of (i) or (ii). The term Financial Obligation shall not include municipal securities as to which a final official statement has been provided to the MSRB consistent with the Rule.

  • Principal Obligations means the aggregate outstanding principal amount of the Loans.

  • Investment Obligations means and include, except as otherwise provided in the Supplemental Indenture providing for the authorization of Bonds, any of the following securities, if and to the extent that such securities are legal investments for funds of the Issuer;