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 GAAP. (b) For greater clarity and unless otherwise specifically provided herein, the consolidated financial results of the Borrower prepared in accordance with GAAP shall be used for the purposes of calculating EBITDA and Interest Expense (and all components thereof).

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

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

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