Total Net Borrowings definition

Total Net Borrowings has the meaning given to it in Clause 22.11 (Financial Definitions);
Sample 1Sample 2
Total Net Borrowings means all outstanding Indebtedness for Borrowed Money of Gold Fields on a consolidated basis, less (a) cash held by any Material Subsidiary or with any bank, (b) any short-term or current asset investments all as shown in the then most recent audited annual consolidated financial statements of Gold Fields, and (c) the value of compulsory convertible instruments and the amount of subordinated shareholders loans granted by any member of the Gold Fields Group of Companies from time to time;
Sample 1Sample 2
Total Net Borrowings means the total gross borrowings less cash and cash equivalents, as determined from the latest financial statements of the Issuer delivered to the Trustee;
Sample 1

Examples of Total Net Borrowings in a sentence

  • The Issuer must ensure that Consolidated Total Net Borrowings do not, as at each Reference Date, exceed 60 per cent.

  • So long as any of the Notes under this Series remain outstanding, each Principal Guarantor must ensure that, as at each Measurement Date, Consolidated Total Net Borrowings do not exceed an amount equal to 50 per cent.

  • Consolidated Total Net Borrowings means at any time Consolidated Total Borrowings less Consolidated Cash and Cash Equivalents.

  • Total Net Borrowings refer to total borrowings but excludes contingent liabilities and are net of bank balances.

  • Net debt to EBITDA is defined as the ratio of Consolidated Total Net Borrowings (at the end of the most recently ended Measurement Period) to pro forma EBITDA for the relevant Measurement Period.

  • Total Net Borrowings refers to Total Borrowings minus cash and cash equivalents.

  • The Parent undertakes that, on each Reporting Date, Consolidated Total Net Borrowings will not exceed 65 per cent of Consolidated Adjusted Total Assets as at such Reporting Date.

  • So long as any of the Notes remains outstanding (as defined in the Trust Deed), the Obligors must ensure that: Interest Cover Actual Interest Cover in respect of any Measurement Period is not less than 1.50:1.00; Gearing Consolidated Total Net Borrowings do not at any time exceed 60 per cent.

  • Facilities, office space, “field” hospital/clinic expense (including construction costs to build new facilities, retrofit existing facilities, and lease or purchase costs for space to expand capacity, establish field clinics, field testing sites or hospitals).

  • Bidder must acknowledge receipt of this addendum in the FMC Bid Form.


More Definitions of Total Net Borrowings

Total Net Borrowings means Total Borrowings less (i) freely available credit balances on any deposit, savings or current account with a Lender or an Approved Bank (save to the extent already taken into account in the calculation of Total Borrowings) and (ii) cash in hand and (iii) cash on account with Lenders, whether or not security has been granted over such account;
Sample 1
Total Net Borrowings means the sum of the amounts as they appear under the line items “Bank and other borrowings (Current liabilities)”, “Bank and other borrowings (Non-current liabilities)” and “Convertible Bonds, Notes and Senior Notes” less the sum of the amounts as they appear under the line items “Bank balances and cash”, “Time deposits with maturity over three months” “Restricted bank deposits (Current assets)” and “Restricted bank deposits (Non- current assets)” set out in the consolidated balance sheet of the Issuer.
Sample 1
Total Net Borrowings means the aggregate amount of liability arising from bank overdrafts, short-term loans and long-term loans less cash on hand, cash in bank and fixed deposits;
Sample 1

Related to Total Net Borrowings

  • Total Borrowings means, in respect of the Corporation on a consolidated basis, as of a given date, the aggregate of the following, without duplication:

  • Consolidated Total Borrowings means in relation to the Group, an amount (expressed in Singapore dollars) for the time being, calculated on a consolidated basis, in accordance with generally accepted accounting principles in Singapore, equal to the aggregate of:

  • Revolving Credit Borrowing means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b).

  • U.S. Borrowing Base means, as of any date of determination, the result of:

  • Borrowings means the plural thereof.

  • Notice of Revolving Credit Borrowing has the meaning specified in Section 2.02(a).

  • Eurocurrency Revolving Facility Borrowing means a Borrowing comprised of Eurocurrency Revolving Loans.

  • Domestic Borrowing Base means, at any time of calculation, an amount equal to:

  • Borrowing Availability means, as of any date of determination, the lesser of (i) the Maximum Amount and (ii) the Borrowing Base, in each case, less the sum of the aggregate Revolving Loan and Swing Line Loan then outstanding.

  • Working Capital Borrowings means borrowings incurred pursuant to a credit facility, commercial paper facility or similar financing arrangement that are used solely for working capital purposes or to pay distributions to the Partners; provided that when such borrowings are incurred it is the intent of the borrower to repay such borrowings within 12 months from the date of such borrowings other than from additional Working Capital Borrowings.

  • Adjusted Borrowing Base means the Borrowing Base minus the aggregate amount of Cash and Cash Equivalents included in the Borrowing Base.

  • Canadian Borrowing Base means at any time an amount equal to the sum of the Dollar Equivalent of, without duplication:

  • ABR Loans Loans the rate of interest applicable to which is based upon the ABR.

  • Swingline Rate means, for any Interest Period, the rate as offered by the Administrative Agent and accepted by the Borrower. The Borrower is under no obligation to accept this rate and the Administrative Agent is under no obligation to provide it.

  • Borrowing Tranche means specified portions of Loans outstanding as follows: (i) any Loans to which a LIBOR Rate Option applies which become subject to the same Interest Rate Option under the same Loan Request by the Borrower and which have the same Interest Period shall constitute one Borrowing Tranche, and (ii) all Loans to which a Base Rate Option applies shall constitute one Borrowing Tranche.

  • Canadian Borrowing means a borrowing consisting of simultaneous Canadian Loans of the same Type and, in the case of BA Equivalent Loans or LIBO Loans, having the same Interest Period made by each of the Canadian Lenders pursuant to Section 2.3.

  • Base Rate Loans Loans the rate of interest applicable to which is based upon the Base Rate.

  • Base Rate Borrowing means a Borrowing comprised of Base Rate Loans.

  • Foreign Borrowing Base means, as of any date, an amount equal to:

  • Term B Borrowing means any Borrowing comprised of Term B Loans.

  • ABR Revolving Facility Borrowing means a Borrowing comprised of ABR Revolving Loans.

  • Proposed Borrowing Base has the meaning assigned to such term in Section 2.07(c)(i).

  • Revolving Facility Borrowing means a Borrowing comprised of Revolving Facility Loans.

  • Eurocurrency Loans Loans the rate of interest applicable to which is based upon the Eurocurrency Rate.

  • Revolving Loans shall have the meaning assigned to such term in Section 2.1(a).

  • Letter of Credit Borrowing shall have the meaning set forth in Section 2.12(d).