Incurrence means

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August undefined, 2024

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 WebIncur 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 individual incurs a liability when a money judgment is rendered against him or her by a court. West's Encyclopedia of American Law, edition 2.

Concurrence Definition & Meaning - Merriam-Webster

Web1. Noun, singular or mass. At the time of the expense incurrence, net income was reduced, while cash flow was not affected. WebMay 29, 2024 · What is incurrence test? A financial ratio test for covenant compliance that needs to be met at the time specific actions occur (rather than a maintenance test which needs to be met at regular intervals, such as quarterly or … grant object oracle

Incurrence - definition of incurrence by T…

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 ... WebIncurrence definition: The act of incurring. Find Similar Words Find similar words to incurrence using the buttons below. 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 … chipforce chipotle log in

Incurred - Definition, Incurred Losses, and Incurred Expenses

Incurrence Definition & Meaning YourDictionary

WebDefinition: Incurred, in accounting terms, means the moment in which an expenses has occurred or a transaction has taken place and must be recorded. In other words, it is the exact date in which a financial operation has happened and must be recognized in the accounting system. 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. … chipforceWebIncurrence 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 … grant ob gyn columbus ohio

"WebIncurrence 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. " - Incurrence means

Incurrence means

What is Incurred? - Definition Meaning Example - My Accounting …

WebThe meaning of INCURRENCE is the act or process of incurring. 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 …

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WebIncur. 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 … Weba definition of satisfactory evidence, see M21-1, Part IV, Subpart ii, 2.B.3.e, and. satisfactory proof of combat-related disability, see ... provides that signed statements made by the Veteran during service about the onset or incurrence of disease which are against the claimant’s interest cannot be used if there is no other evidence ...

Webnoun The act of incurring. Webster's New World Similar definitions Advertisement Other Word Forms of Incurrence Noun Singular: incurrence Plural: incurrences Find Similar …

Webincur definition: 1. to experience something, usually something unpleasant, as a result of actions you have taken…. Learn more. WebSynonyms for INCURRED: contracted, pursued, caught, accepted, sought, welcomed, courted, embraced; Antonyms of INCURRED: avoided, escaped, evaded, shook, shunned ...

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, …

Web1. incurrence - the act of incurring (making yourself subject to something undesirable) commitment - an engagement by contract involving financial obligation; "his business … gran to be giftWebWhat 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. chip for a 2014 chevrolet silverado 1500WebUnlike 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) grant obtained a balloon mortgageWeb1 a : agreement or union in action : cooperation b (1) : agreement in opinion or design (2) : consent obtained the written concurrence of the attorney general 2 : a coincidence of … grant odegard duluth mnWebJun 3, 2024 · Unilateral Contract: Definition, How It Works, and Types A unilateral contract is a one-sided contract agreement in which an offeror promises to pay only after the … chip for cell phone orlandoWebThis 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 grant of accessWebIncurrence Tests means the Incurrence Test and the Dividend Incurrence Test or one of these tests as the context permits. Sample 1 Sample 2 Based on 2 documents Incurrence Tests means the Debt Incurrence Test and the Dividend Incurrence Test. "Initial Nominal Amount" has the meaning set forth in Clause 2 (c). Sample 1 Based on 1 documents grant of administration form bc