Finance Costs. All Finance Costs.
Finance Costs. All Finance Costs
Finance Costs. If Holder desires to satisfy its obligation ------------- to pay the amount due therefrom under clause (a)(ii) of this Section 3 by delivering the Note and the Pledge Release pursuant to clause (a)(ii)(A)(ii) of this Section 3, Holder shall provide written notice thereof to the Company not less than ten (10) Business Days prior to the Closing. If the Company thereafter notifies Holder in writing not less than five (5) Business Days prior to the Closing that such amount must be paid in cash pursuant to clause (a)(ii)(A)(i) of this Section 3, the Company shall reimburse to Holder at the Closing an amount equal to the cost actually and reasonably incurred by Holder to finance the payment of such amount in cash. Holder will attempt to advise the Company in advance of the amount of such finance costs.
Finance Costs. The applicant has adopted finance costs at a rate of 3% to include all fees which again is below the usual range we would expect and it is assumed that this reflects the personal circumstances of the applicant. However, they are not considered to be overstated and so we have included the same within our appraisal. Development Programme: No live appraisal has been provided to us but within their written report the applicant has indicated the following timeframe: Build Period of 13 months Sale period of 12 months beginning upon practical completion (3.25 units per month) We consider this to be an appropriate timescale and have adopted the same within our appraisal. We have also included a 3 month pre- construction period in line with other similar schemes where a full planning application has been submitted.
Finance Costs. The following table summarizes information related to finance costs: Interest and other finance costs $ 387 $ 300 29.0 % Less: interest capitalized (14) (21) (33.3)% Finance costs, net $ 373 $ 279 33.7 % Finance costs, net of amounts capitalized, was US$373 million for the year ended December 31, 2021, compared to US$279 million for the year ended December 31, 2020. The increase in interest and other finance costs of US$87 million was primarily due to increase in our weighted average interest rate and weighted average total debt balance. The weighted average debt balance increased in connection with draws on the SCL revolver during the year ended December 31, 2021 and the issuance of the 2026 Notes and 2030 Notes in June 2020. Additionally, the weighted average interest rate increased from 4.6% to 5.1% during the year ended December 31, 2021 as a result of the expiration of interest rate swap in August 2020. Interest capitalization decreased by US$7 million due to a reduction in construction costs relating to The Londoner Macao project in 2021. The weighted average interest rates are calculated based on total interest expense (including amortization of deferred financing costs, standby fees and other financial costs and interest capitalized) and total weighted average borrowings.
Finance Costs unless they have a cash impact, extraordinary or exceptional items;
Finance Costs. Finance Costs are all costs as defined in Article 1.39 of the Contract <PAGE> SECTION III COSTS, EXPENSES, AND EXPENDITURES AND CREDITS Except to the extent provided in Paragraph 3.17 of this Section the Contractor shall charge the Petroleum Operations Account for all Costs and Expenses incurred and necessary to conduct Petroleum Operations under this Contract as classified under the headings set forth in Section II of this Accounting Procedure. For the purposes of this Accounting Procedure Costs and Expenses referred to in Article 11.2 shall be deemed to be incurred on the Effective Date of this Contract. Costs and Expenses shall include, but not be limited to:
Finance Costs. The following table summarizes information related to finance costs:
Finance Costs. 7.10.1 A finance cost of 6.5% has been used which reflects the market rate cost to a national House Builder covenant using debt finance to fund a project of this nature. The development has been cash flowed and the finance cost applied accordingly.
Finance Costs. Finance Costs are all costs as defined in Article 1.39 of the Contract
