Total Interest Bearing Debt
means all debt and financial instruments (including financial leases) which bear interests.
Total Interest Bearing Debt
means, on any date, the consolidated book value of the Issuer’s total interest-bearing debt, less any interest-bearing debt of any Group Company, any JV Company or a member of the HMLP Group financed without any recourse to any (other) Group Company, calculated in accordance with GAAP.
Total Interest Bearing Debt
means at any time the consolidated amount of the interest bearing liabilities of the Group, including Finance Leases (which, for the avoidance of doubt, excludes leases which at the Issue Date are classified as operating leases but which have been reclassified as a balance sheet liability as a consequence of subsequent amendments to the Accounting Principles) and excluding pension liabilities and Subordinated Debt, as shown in the balance sheet forming part of the latest Financial Report.
Examples of Total Interest Bearing Debt in a sentence
At any Measurement Date, Total Annualized NOI ------------------ shall not be less than 13% of Total Interest Bearing Debt.
The Issuer shall ensure that the Group (on a consolidated basis) at all times maintains Free Liquid Assets of minimum 6% of Total Interest Bearing Debt.
Total Interest Bearing Debt to Total Shareholders’ EquityNot over 1.75 times1.093.
If the Issuer fails (or would otherwise fail) to comply with the Leverage Ratio set out in paragraph (b) of Clause 14.4.1 for any Relevant Period, and within 25 Business Days of delivery of the compliance certificate for that Relevant Period, the Issuer receives net cash proceeds from any New Shareholder Injections (a “Cure Amount”), then the Leverage Ratio shall be recalculated giving effect to a pro forma adjustment by reducing Total Interest Bearing Debt by the Cure Amount.
Minimum Free CashThe Issuer undertakes to maintain Free Cash of no less than the higher of (i) USD 35,000,000, and (ii) an amount equal to 3.5% of the Total Interest Bearing Debt.
More Definitions of Total Interest Bearing Debt
Total Interest Bearing Debt
means, without duplication, all Debt --------------------------- (other than Intercompany Debt) of Weeks Corporation or any Subsidiary consisting of Capitalized Lease Obligations or Indebtedness for Money Borrowed.
Total Interest Bearing Debt
means the aggregated book value of the Issuer Group’s total interest-bearing Financial Indebtedness in accordance with GAAP, excluding any lease liability amount that is classified as interest-bearing Financial Indebtedness pursuant to IFRS 16.
Total Interest Bearing Debt
means all interest bearing debt of the Guarantor as shown in the latest published audited consolidated balance sheet or the latest published interim consolidated balance sheet of the Guarantor as delivered pursuant to Clause 20.1 (Financial statements).
Total Interest Bearing Debt
means, in respect of the Guarantor, the amount of total liabilities of the Guarantor (as such term is defined in the Latest Accounts of the Guarantor) at any time on a consolidated basis which would be included in the Latest Accounts of the Guarantor as total interest bearing debt in accordance with IFRS including the current portion of interest bearing debt (as such term is defined in the Latest Accounts of the Guarantor) but excluding any cash which is credited as collateral in favour of a Lender and is intended for the purposes of repaying such debt;
Total Interest Bearing Debt
means the aggregate of all interest-bearing debt and lease obligations (other than operating leases) which would in accordance with the relevant accounting principles be shown in the Group’s consolidated financial statements as the total debt of the Group. 4. (I) Interest on Fixed Rate Notes
Total Interest Bearing Debt
means at any time the aggregate of the following liabilities calculated at the nominal, principal or other amount at which the liabilities would be carried in the annual balance sheet of the Borrower drawn up at that time:
Total Interest Bearing Debt
means (on a consolidated basis) the aggregate book value of the Group’s total interest-bearing debt in accordance with GAAP.
