Common use of Accounting Terms; Calculations Clause in Contracts

Accounting Terms; Calculations. (a) In any Loan Document, unless specified otherwise, each accounting term has the meaning assigned to it under IFRS. (b) For greater clarity and unless otherwise specifically provided herein, the consolidated financial results of Hudbay prepared in accordance with IFRS shall be used for the purposes of calculating Adjusted Net Income, EBITDA and Consolidated Interest Expense (and in each case all components thereof).

Accounting Terms; Calculations. (a) In any Loan Document, unless specified otherwise, each accounting term has the meaning assigned to it under IFRS. (b) For greater clarity and unless otherwise specifically provided herein, the consolidated financial results of Hudbay the Borrower prepared in accordance with IFRS shall be used for the purposes of calculating Adjusted Net Income, EBITDA and Consolidated Interest Expense (and in each case all components thereof).

Accounting Terms; Calculations. (a) In any Loan Document, unless specified otherwise, each accounting term has the meaning assigned to it under IFRS. (b) For greater clarity and unless otherwise specifically provided herein, the consolidated financial results of Hudbay prepared in accordance with IFRS shall be used for the purposes of calculating Adjusted Net Income, EBITDA and EBITDA, Consolidated Interest Expense and Tangible Net Worth (and in each case all components thereof).

Accounting Terms; Calculations. (a) In any Loan Document, unless specified otherwise, each accounting term has the meaning assigned to it under IFRS. (b) For greater clarity and unless otherwise specifically provided herein, the consolidated financial results of Hudbay the Borrower prepared in accordance with IFRS shall be used for the purposes of calculating Adjusted Net Income, EBITDA and EBITDA, Consolidated Interest Expense and Tangible Net Worth (and in each case all components thereof).

Accounting Terms; Calculations. (a) In any Loan Document, unless specified otherwise, each accounting term has the meaning assigned to it under IFRS. (b) For greater clarity and unless otherwise specifically provided herein, the consolidated financial results of Hudbay HudBay prepared in accordance with IFRS shall be used for the purposes of calculating Adjusted Net Income, EBITDA EBITDA, Interest Expense, Tangible Net Worth and Consolidated Interest Expense Total Debt (and in each case all components thereof).