Betekenis van:
debt limit
debt limit
Zelfstandig naamwoord
- the maximum borrowing power of a governmental entity
Synoniemen
Hyperoniemen
Hyponiemen
Voorbeeldzinnen
- The current debt limit stands at $15.2 trillion.
- Article 27 of that Law states that surcharges for payments outside the time limit must be added to the deferred debt.
- The rating agency noted that FT's slow progress in finalising asset sales, coupled with continuing deterioration in capital market conditions in this sector, could further limit FT's ability to improve its financial flexibility and meet its debt reduction targets’.
- These initiatives could limit the government’s ability to provide the postal operator with exceptional support without improving its standalone profile in the short term, as the capital hike should not decrease La Poste’s debt relative to its cash generation ’.
- Also, according to that Article, farmers taking out the loans may use them, up to a limit of ITL 100 billion in 1988 and of ITL 50 billion in 1989, to consolidate existing debt on the aforementioned facilities and premises.
- According to the Law, those taking out the loans may use them, up to a limit of ITL 100 billion for 1988 and ITL 50 billion for 1989, to consolidate existing debt on the aforementioned structures and premises.
- Exposures caused by transmission and management of payments of the obligors of, or liquidation proceeds in respect of, loans secured by pledged properties of the senior units or debt securities shall not be comprised in calculating the 90 % limit;
- any natural or legal third person who undertakes in writing to pay jointly and severally with the principal any potential debt up to the limit of the amount guaranteed;
- The bondholders' claim must take priority over all other claims on the collateral.Exposures caused by transmission and management of payments of the obligors of, or liquidation proceeds in respect of, loans secured by pledged properties of the senior units or debt securities shall not be comprised in calculating the 90 % limit; or
- To limit their credit risk vis-à-vis their customers, the management of financial institutions requires compliance with standard ceilings based on a number of ratios allowing the financial health of the undertaking and its ability to serve its debt to be assessed, according to various criteria such as its own funds, balance sheet, the level of long-term indebtedness, turnover and financial costs.
- A guarantee can be given on a sum no greater than 40 % of the loan and — within this limit — may cover up to 90 % of the final loss incurred by the banks for capital, contractual interest and interest on arrears, at a rate no higher than the reference rate in force on the date of legal proceedings for recovery of the debt, and costs, including court and out-of-court expenses incurred.
- The “large-scale fraud” referred to in Article 54(7) means a situation where it is established that, in spite of the application of Articles 50 or 57, and where appropriate Article 54(6), the comprehensive guarantee referred to in Article 54(1) is no longer sufficient to ensure payment, within the time limit prescribed, of the debt arising when any of the goods referred to in the list of Annex I are removed from the common transit procedure.
- Article 15(16) of this Law, against which the Commission decided to initiate proceedings, provided that cooperatives and their consortia can raise loans up to a maximum of ITL 7000 billion for the construction, restructuring or extension of slaughtering plants. Also, according to that Article, farmers taking out the loans may use them, up to a limit of ITL 100 billion in 1988 and of ITL 50 billion in 1989, to consolidate existing debt on the aforementioned facilities and premises.
- Principals may be authorised to use a comprehensive guarantee for a reduced amount or a comprehensive guarantee to place under the common transit procedure goods to which the decision temporarily prohibiting such use applies if they can show that no debt has arisen in respect of the goods in question in the course of common transit operations which they have undertaken in the two years preceding the decision or, where debts have arisen during that period, if they can show that these were fully paid up by the debtor or the guarantor within the time limit prescribed.
- In particular, there is nothing to prevent the legislature from providing for a limitation of liability or from quite simply specifying that the State as shareholder can be liable for an EPIC’s debt only in the event of a fault or situation distinct from the EPIC’s mere insolvency — a state of affairs directly imputable to the EPIC and the cause of a particular injury. It is therefore possible for the legislature to preclude the State’s guarantee in respect of EPICs and to limit the State’s liability in relation to the injuries sustained by creditors.