Consolidated Net Finance Costs definition

Consolidated Net Finance Costs means, in respect of any period, Consolidated Finance Costs for the immediately preceding Measurement Period less Consolidated Interest Receivable for the immediately preceding Measurement Period calculated on a consolidated basis;
Sample 1Sample 2Sample 3
Consolidated Net Finance Costs means, for any period, the aggregate amount of the accrued interest, commission, fees, discounts, prepayment penalties or premiums and other finance payments in respect of Indebtedness whether paid or payable by any of the Issuer and/or its Subsidiaries in respect of that period:
Sample 1Sample 2
Consolidated Net Finance Costs means, in respect of any Relevant Period, the consolidated amount of all interest (including the interest element of any finance lease payments and capitalised interest), commission, fees, discounts and other finance payments payable by the Group (including any commission, fees, discounts and other finance payments payable by any member of the Group under any interest rate hedging arrangement) but deducting the consolidated amount of all commission, fees, discounts and other finance payments receivable by the Group under any interest rate hedging instrument and the consolidated amount of any other interest receivable by the Group, in each case as presented in the financial statements most recently delivered pursuant to Clause 19 (Financial Information).
Sample 1

Examples of Consolidated Net Finance Costs in a sentence

  • The Company must ensure that the ratio of Consolidated EBITDA to Consolidated Net Finance Costs is not, at the end of each Measurement Period, less than 3.00:1.

  • The Company shall ensure that the ratio of Consolidated EBITDA to Consolidated Net Finance Costs is not, at the end of each Measurement Period, less than 2.75 to 1.

Related to Consolidated Net Finance Costs

  • Consolidated Net Income means, with respect to any specified Person for any period, the aggregate of the Net Income of such Person and its Restricted Subsidiaries for such period, on a consolidated basis, determined in accordance with GAAP; provided that:

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