Common use of Calculation of Financial Covenants Clause in Contracts

Calculation of Financial Covenants. 1.3 Consolidated Net Worth and Total Net Debt shall be calculated and interpreted in accordance with Applicable Accounting Principles and shall be expressed in EUR.

Appears in 2 contracts

Samples: Agreement (Alstom), Agreement (Alstom)

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Calculation of Financial Covenants. 1.3 Consolidated Net Worth and Total Net Debt shall be calculated and interpreted in accordance with Applicable Accounting Principles and shall be expressed in EUREuros.

Appears in 2 contracts

Samples: Agreement (Alstom), Agreement (Alstom)

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Calculation of Financial Covenants. 1.3 Consolidated Net Worth Worth, Consolidated Net Financial Expense, EBITDA, Total Debt and Total Net Debt shall be calculated and interpreted in accordance with Applicable Accounting Principles and shall be expressed in EUREuros.

Appears in 1 contract

Samples: Agreement (Alstom)

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