Incurrence means
WebIncurrence Covenant means a covenant by the borrower to comply with one or more financial covenants only upon the occurrence of certain actions of the borrower including, but not limited to, a debt issuance, dividend payment, … WebIncurrence definition: The act of incurring. Find Similar Words Find similar words to incurrence using the buttons below.
Incurrence means
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WebIncur definition, to come into or acquire (some consequence, usually undesirable or injurious): to incur a huge number of debts. See more. 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
WebSynonyms for INCURRED: contracted, pursued, caught, accepted, sought, welcomed, courted, embraced; Antonyms of INCURRED: avoided, escaped, evaded, shook, shunned ... WebUnlike 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)
Web1. Noun, singular or mass. At the time of the expense incurrence, net income was reduced, while cash flow was not affected. 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 …
WebMar 27, 2024 · incur (ɪnkɜːʳ ) verb If you incur something unpleasant, it happens to you because of something you have done. [written] Collins COBUILD Advanced Learner’s Dictionary. Copyright © HarperCollins Publishers COBUILD Collocations incur liabilities accept liability criminal liability deny liability financial liability future liability incur liabilities
Webthe act of incurring, bringing on, or subjecting oneself to something. incurr ( ent) + - ence 1650–60. Forum discussions with the word (s) "incurrence" in the title: No titles with the … how many calories in 170g of blackberriesWebIncur. To become subject to and liable for; to have liabilities imposed by act or operation of law. Expenses are incurred, for example, when the legal obligation to pay them arises. An … how many calories in 2 bacon stripsWebWhat 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. high rated shows 2016Web1. incurrence - the act of incurring (making yourself subject to something undesirable) commitment - an engagement by contract involving financial obligation; "his business … how many calories in 2 beef pattiesWebJan 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 ... high rated showsWebDebt 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. high rated shower headsWebDistribution (definition) The appointment of personal property or its proceeds to those entitled to receive it under the terms of a will or trust. include sampling or any other distribution not for sale 27 USC 214. A transfer of property, including cash, from an entity to an owner or member of the entity in the owner’s or member’s capacity ... high rated show numbers