SYLVIA 發問時間: 社會與文化語言 · 9 年前

急急急~有關商業專有名詞英文翻譯

The following financial covenants (with definitions to be agreed) shall be tested quarterly and on a last twelve months basis, starting from the third quarter end date that falls after the Initial Drawdown Date, with the required ratios/limits set out in Schedule 1 hereto:

(a)Maximum net leverage ratio (Consolidated Total Net Debt to Consolidated EBITDA ratio)

(b)Minimum interest coverage ratio

(c)Minimum debt service ratio (to be defined as the ratio of EBITDA to debt service)

(d)Maximum capital expenditure. Up to 100 per cent. of the limit for a financial year may be carried forward (to the extent it is unspent) for an unlimited time, and up to 50 per cent. of the limit for a financial year may be carried back for one year only.

The shareholders of the Parent will have the ability to cure breaches of the Financial Covenants by effecting an additional equity contribution or subordinated shareholder’s loan into the Parent, all of the proceeds are which are further injected into Bidco by way of additional equity contribution or subordinated shareholder's loan (“Equity Cure”) subject to terms to be agreed. The Equity Cure will be added to EBITDA and will apply for the relevant testing date and the subsequent three testing dates solely for the purpose of determining compliance with Financial Covenants but not for other purposes (including compliance or pro forma compliance with Financial Covenants for determining Applicable Margin, distributions and acquisitions). Equity Cures will be limited to two cures in any four consecutive financial quarters, no overcure and maximum of five Equity Cures during the life of the Facility.

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  • chen
    Lv 7
    9 年前
    最佳解答

    The following financial covenants (with definitions to be agreed) shall be tested quarterly

    . and on a last twelve months basis, starting from the third quarter end date

    . that falls after the Initial Drawdown Date, with the required ratios/limits set out

    . in Schedule 1 hereto:茲訂財務限制條款 [同意上該條款]

    係依據 上年度十二個月之季報撿核為基準。 比照, 所需的比率/設限定額, 自第三季度的結束日期,

    . 至 首次提取日期後之時間表,本條款 附表1:

    (a)Maximum net leverage ratio

    . (Consolidated Total Net Debt to Consolidated EBITDA ratio)a 最大淨槓桿比率 (合併淨債務總額與整合的 EBITDA 比) . [ EBITDAEBITDA]

    . (Earnings Before Interest, Tax,Depreciation and Amortisation) . 是指未計利息、稅項、折舊及攤銷前的利益(b)Minimum interest coverage ratio

    最低利息信貸比率 最低利息比例(c)Minimum debt service ratio (to be defined as the ratio of EBITDA to debt service)

    最低償債比率 [ 定明為貸債 服務之 EBITDA 比率

    d Maximum capital expenditure.資本的最大支 5之資本

    資本 最大支出經額

    Up to 100 per cent. of the limit for

    . a financial year may be carried forward

    . (to the extent it is unspent) for an unlimited time,

    . and up to 50 per cent. of the limit for

    . a financial year may be carried back for one year only.

    每財政年度達 100%為限 [額度未動用 ]

    並無限制動用時間 達50% 每財政年度 只可順延一年

    The shareholders of the Parent........ during the life of the Facility

    接 意見覽內董監主事之股東有權中或 同意該貸款進一步影響增利股本事宜 ,收益均,進一步注入 Bidco 公司 額外資本貢獻或相關的股東貸款 ("股本利得") 按商規。股本利得將被加到 EBITDA,並適用于有關日期及純粹為確定法規遵照,但隨後的三個日期,不作其它適用 (包括法規遵從性或 並確定適用保證金、分佩和收購)。股本利得將只限于任何連續四個財務季報,沒有超越兩個遵從性 和最大的五相 為利得期間的有效期的規範。每財政年度達到100% 為限時(額度是未動用) . 無限止的動用時間 可高達 50 %。每財政年度的限制可只順延一年

    . 償債比率 (定明為與債務服務的 EBITDA 比例)償債比率 (定明為與債務服務的 EBITDA 比例) c最低償債比率 (定明為與債務服務的 EBITDA 比例)最低最低

    2012-07-14 14:40:34 補充:

    高層主事之股東有權中止 財務限制條款或 同意上該條款貸入,

    近一步注入BIDCO公司, 額外資本贡獻或相關股東貸入[ 股本增得],

    按商規, 股本增得加入EPITDA並適於用有關撿核日期

    及純是為 確定遵照上該條款法規 ,

    但隨後參個月撿核日期 , 不作其他適用 [包括法規] 遵從性或財務限制條款]

    而條規確定適用 ,保證金, 分派 或認購案中,

    股本增得只限于任何 連續4次財務季報, 並限於2個遵重從性, 和5項撿核,

    為股本增得期間有效的規範.

    參考資料: S.H. Chen 系統工程師的居酒屋
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