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 HudBay prepared in accordance with GAAP shall be used for the purposes of calculating Adjusted Net Income, EBITDA, Interest Expense, Tangible Net Worth and 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 HudBay the Borrower prepared in accordance with GAAP shall be used for the purposes of calculating Adjusted Net Income, EBITDA, Interest Expense, Expense and Tangible Net Worth and 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 HudBay the Borrower prepared in accordance with GAAP shall be used for the purposes of calculating Adjusted Net Income, EBITDA, EBITDA and Interest Expense, Tangible Net Worth and 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 HudBay the Borrower prepared in accordance with GAAP shall be used for the purposes of calculating Adjusted Net Income, EBITDA, EBITDA and Interest Expense, Tangible Net Worth and Total Debt Expense (and all components thereof).