Consolidated Financial Expenses definition

Consolidated Financial Expenses means, in any period, without duplication, the sum of the consolidated interest expenses, including financial expenses arising from other activities related to the normal course of business for Oi for the Four-Quarters Period, to the extent that such expense was deducted (but not added again) in the calculation of the consolidated operating results.
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Consolidated Financial Expenses means, in any period, without duplication, the sum of the consolidated interest expenses, including financial expenses arising from other activities related to the normal course of business for the Company and its Restricted Subsidiaries for the Four-Quarter Period, to the extent that such expense was deducted (but not added gain) in the calculation of the consolidated operating results.
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Consolidated Financial Expenses for any period (without duplicating) means Expenses on account of Consolidated Interest of that period, excluding the principal component of <PAGE> income in relation to Capitalizable Lease obligations or any other liability assumed to purchase, launch, render satellite or transponder services and/or finance these, paid by Borrower and its Subsidiaries, and interest payable on obligations with Affiliates and Subsidiaries. "EXPENSES ON CONSOLIDATED INTEREST", for any period, means total gross expenses through interest for Borrower and its consolidated Subsidiaries, attributable to such period according to GAAP. "LIEN" with respect to any property, good or asset of a Corporation, means any mortgage, pledge, collateral securities or market pledge, trust, surety, affectation or limitation of title, bond, attachment, burden or any other lien or guaranty of any kind or any preferential agreement over such property, good or asset of such Corporation that has the practical effect of creating an interest or personal guaranty or lien over such property, good or asset. "GRUPO XXXXXXX" means any of the following Persons, as well as any Affiliate or Subsidiary of these: Xxxxxxx Xxxxxxx Xxxxxx, Grupo Elektra, S.A. de C.V.;
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Examples of Consolidated Financial Expenses in a sentence

  • Holding Consolidated Financial Expenses: The reconciliation of income tax and social contribution expenses, tax expenses, calculated by applying combined statutory tax rates and the amounts presented in the result, is set forth below: Consolidated Description 2004 2005 restated Income before income tax and social contribution477,120359,818Combined tax rate34.0% Income tax and social contribution based on the combined tax rate162,22134.0%Permanent additionsNondeductible expenses 5,982 982 16.


More Definitions of Consolidated Financial Expenses

Consolidated Financial Expenses means, for any period (without duplication) the Consolidated Interest Expenses for such period, excluding the principal component of rents regarding Capital Lease obligations paid by Borrower and its Subsidiaries and the interests caused by obligations with Affiliates and Subsidiaries.
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Consolidated Financial Expenses means, for any Measurement Period in respect of the Borrower and its Consolidated Subsidiaries, the sum of: (i) all interest, premium payments, fees, charges and expenses of the Borrower and its Consolidated Subsidiaries relating to borrowed money (including capitalized interest) or related to the deferred purchase price of assets, provided that in each case is treated as interest in accordance with IFRS and (ii) the portion of rental expense of the Borrower and its Consolidated Subsidiaries, with over that period, under leases or financial capital is treated as interest in accordance with IFRS.
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Consolidated Financial Expenses means, to any Measurement Period in respect of the Borrower and its Consolidated Subsidiaries, the sum of: (i) all interests, prime payments, commissions, charges and expenses related to the Borrower and its Consolidated Subsidiaries related to money taken on loan (including capitalized interests) or related to the deferred purchase price of assets, as long as in all cases they are treated as interests in accordance with the IFRS; and (ii) the part of the expenses for Borrower and its Consolidated Subsidiaries’ lease, in respect to said period, under capital or financial leases that is treated as interest in accordance with the IFRS.
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Related to Consolidated Financial Expenses

  • Consolidated Financials means, for any Fiscal Year or other accounting period of Five Star, annual audited and quarterly unaudited financial statements of Five Star prepared on a consolidated basis, including Five Star’s consolidated balance sheet and the related statements of income and cash flows, all in reasonable detail, and setting forth in comparative form the corresponding figures for the corresponding period in the preceding Fiscal Year, and prepared in accordance with GAAP throughout the periods reflected.

  • Consolidated Financial Statements means, with respect to any Person, collectively, the consolidated financial statements and notes to those financial statements, of that Person and its Consolidated Subsidiaries prepared in accordance with GAAP.

  • Consolidated Capital Expenditures means, for any period, the aggregate of all expenditures of Company and its Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included in “purchase of property and equipment” or similar items reflected in the consolidated statement of cash flows of Company and its Subsidiaries.

  • Consolidated Net Interest Expense means, for any period with respect to the Company and its Subsidiaries, interest expense minus capitalized interest and interest income for such period, in each case determined on a Consolidated basis in accordance with GAAP.

  • consolidated basis means on the basis of the consolidated situation;

  • Consolidated Net Indebtedness means at any time, Consolidated Total Indebtedness minus all Unrestricted Cash of the Borrowers and their Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Consolidated EBIT means, for any fiscal period, Consolidated Net Income for such period plus, to the extent deducted in determining Consolidated Net Income for such period, the aggregate amount of (i) Consolidated Interest Expense and (ii) federal, state and local income tax expense.

  • Consolidated Rent Expense means, for any period, the total rent expense with respect to real and personal property of the Borrower for such period, as determined on a Consolidated basis and as reported in its financial statements.

  • Consolidated EBITR means, for any fiscal period of the Borrower, an amount equal to Consolidated Net Income (Loss) for such period, plus, to the extent deducted in determining Consolidated Net Income (Loss), (i) Consolidated Tax Expense for such period, (ii) Consolidated Interest Expense for such period, and (iii) Consolidated Rental Expense for such period.

  • Consolidated Total Net Indebtedness means, as of any date of determination, (a) Consolidated Total Indebtedness minus (b) the Unrestricted Cash Amount.

  • Consolidated Rental Expense means, for any period, the total rental expense for operating leases of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis for such period; provided that Consolidated Rental Expense shall not be reduced by any rental income.

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Consolidated Net Debt means, as of any date of determination, (a) Consolidated Total Debt minus (b) the aggregate amount of cash and Cash Equivalents of the Borrower and the Restricted Subsidiaries as of such date that is not Restricted.

  • Consolidated Maintenance Capital Expenditures means, for any period, the aggregate amount of expenditures for additions to property, plant, and equipment that are not Consolidated Expansion Capital Expenditures.

  • Consolidated Net Worth means at any time the consolidated stockholders’ equity of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Consolidated Cash Interest Expense means, for any period, Consolidated Interest Expense for such period excluding, however, any interest expense not payable in Cash (including amortization of discount and amortization of debt issuance costs).

  • Consolidated Debt means, at any date, the Debt of the Borrower and its Consolidated Subsidiaries, determined on a consolidated basis as of such date.

  • Consolidated Net Assets means Consolidated Assets after deduction of Consolidated Current Liabilities.

  • Consolidated Cash Taxes means, for any period, for the Borrower and its Subsidiaries on a consolidated basis, the aggregate of all taxes, as determined in accordance with GAAP, to the extent the same are paid in cash during such period.

  • Consolidated Total Funded Debt means, as of the date of determination, the aggregate principal amount of all Funded Debt of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Consolidated Total Debt at any date, the aggregate principal amount of all Indebtedness of the Borrower and its Subsidiaries at such date, determined on a consolidated basis in accordance with GAAP.

  • Consolidated Total Interest Expense means with respect to any Person for any period, the aggregate amount of interest required to be paid or accrued by a Person and its Subsidiaries during such period on all Indebtedness of such Person and its Subsidiaries outstanding during all or any part of such period, whether such interest was or is required to be reflected as an item of expense or capitalized, including payments consisting of interest in respect of any capitalized lease or any synthetic lease, and including commitment fees, agency fees, facility fees, balance deficiency fees and similar fees or expenses in connection with the borrowing of money.