Incurrence means

WebIncurrence of Indebtedness means the borrowing, issuance or other incurrence of (a) indebtedness for borrowed money or in respect of loans or advances or (b) indebtedness evidenced by bonds, debentures, notes or other similar instruments, other than, in the case of each of clauses (a) and (b) above, Excluded Indebtedness. Sample 1 Webnoun in· cur· rence in-ˈkər-ən (t)s -ˈkə-rən (t)s : the act or process of incurring Word History First Known Use circa 1656, in the meaning defined above Time Traveler The first known …

Incurrence Definition & Meaning - Merriam-Webster

WebWhat is incurrence liability? Net incurrence of government liabilities includes foreign financing (obtained from nonresidents) and domestic financing (obtained from residents), or the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. WebDefine Incurrence Covenant. A covenant by any borrower to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower, including … high pitch cough in adult https://willisjr.com

Overhead incurred definition — AccountingTools

WebSep 6, 2024 · the incurrence of the debt, and the pro forma addition of any acquired EBITDA acquired with the proceeds, is no higher (or, in the case of the fixed charge coverage ratio, no lower) than the applicable ... That means both the debt being incurred and the additional EBITDA attributable to the acquired assets are taken into account. Depending on ... Webnoun. the act of incurring (making yourself subject to something undesirable) see more. Think you’ve got a good vocabulary? Take our quiz. choose the best picture for. scabbard. … WebThis means the occurrence of an event of default in the ABL ... if the borrower meets an incurrence test after giving effect to the incurrence of the new debt. Often the incurrence test is a maximum leverage or net leverage ratio or a minimum interest coverage ratio. Additionally, in most cov-lite transactions, if a high pitch cough

Section B. Determining Service Connection (U.S. Department …

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Incurrence means

What Are Maintenance And Incurrence Covenants? - FAQS Clear

WebIncurrence is the act or process of acquiring, taking on, or subjecting oneself to something, typically something negative, such as debt, guilt, or someone’s anger. To incur is to … WebIncur definition, to come into or acquire (some consequence, usually undesirable or injurious): to incur a huge number of debts. See more.

Incurrence means

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Web• INCURRENCE (noun) Sense 1. Meaning: The act of incurring (making yourself subject to something undesirable) Classified under: Nouns denoting acts or actions. Hypernyms … WebDefine Debt Incurrence Test. means, with respect to any incurrence of Indebtedness or other transaction, a Leverage Ratio of less than or equal to 7.00 to 1.00, calculated for the most …

WebSynonyms for INCURRED: contracted, pursued, caught, accepted, sought, welcomed, courted, embraced; Antonyms of INCURRED: avoided, escaped, evaded, shook, shunned ... WebDebt Incurrence has the meaning assigned to such term in Section 2.05 (c) (ii). Bank Debt means all indebtedness at any time owing by the Bank, to or for the credit or account of the Borrower and any claim of the Borrower (whether individual, joint and several or otherwise) against the Bank now or hereafter existing.

Web1. : the simultaneous occurrence of events or circumstances. 2. : an agreement in judgment. specifically : a judge's or justice's separate opinion that differs in reasoning but agrees in … WebDefinition: An incurred cost in accrual accounting is the moment in time when a resource or asset is consumed and an expense is recorded. In other words, it’s when a company uses an asset or becomes liable for the use of an asset in the production of a product. These assets cease to be a resource and are converted into an expense.

Web1. incurrence. noun. the act of incurring (making yourself subject to something undesirable).

WebJan 20, 2024 · Despite the prevalence of incurrence covenants in high-yield debt, there is little empirical evidence showing how they affect borrowers. In a new study , we show that “latent” violations of incurrence financial covenants in the leveraged loan market – that is, a trigger of restricted actions in the loan contact – have sizable effects ... how many baboons are there in the worldWebApr 10, 2024 · incurrence in American English. (inˈkɜːrəns, -ˈkʌr-) noun. the act of incurring, bringing on, or subjecting oneself to something. Most material © 2005, 1997, 1991 by … how many baby aspirins make an aspirinWebUnlike maintenance covenants where testing is scheduled in advance to ensure compliance with specified credit ratios, incurrence covenants are tests that occur only when specific actions are taken such as: Mergers and Acquisitions (M&A) New Debt Issuances Dividends Payouts Sale of Assets (Divestitures) high pitch cough in kidsWebIncurrence Test means the incurrence test set out in Clause 12.1 (Incurrence Test). First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated First Lien Net Indebtedness as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period. how many baby back ribs for 10 peopleWebto come into or acquire (some consequence, usually undesirable or injurious): to incur a huge number of debts. to become liable or subject to through one's own action; bring or … how many baby ants can a queen ant haveWebThe meaning of INCURRENCE is the act or process of incurring. high pitch cry in newbornsWebIncurrence definition: The act of incurring. Find Similar Words Find similar words to incurrence using the buttons below. high pitch cough in dogs