Financial Expenses definition

Financial Expenses means, for the previous period of twelve (12) months, the sum of:

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Financial Expenses means, during the operation period of the Project, the interest of the loan for the construction of, and expenses incurred in financing the operations of the Project, projected on an annual basis. Financial Expenses related to the Dollar debt shall include interest, related fees and withholding taxes [*** Filed separately with the Commission pursuant to a request for Confidential Treatment.] (grossed up for taxes payable by Seller) imposed pursuant to relevant Chinese regulations on the Dollar denominated debt financing for the Project multiplied by Conversion Factor, that is: Financial Expenses related to the $ Debt Financing x Conversion Factor RMB Financial Expenses shall include interest and related fees on RMB denominated debt financing for the Project.

Financial Expenses means for the period in question, the interests, commissions, expenses and other sums, distinct from the principal, accrued for any of the debts or obligations of the Group, excluding the negative exchange rate differences less the revenue earned by the cash balances and other financial investments (as both terms are defined in the general accounting plan) and the Egovox S.L. Distributions.

Examples of Financial Expenses in a sentence

• Down payment: refers to the amount made available by the Lessee to the Lessor under the conditions agreed in the original Lease Agreement Amendment: refers to this deed concluded between the Lessor and the Lessee Financial Expenses: refers to amounts owed by the Lessee for pre-rental fees, rent, and other charges, as specified in Chapter III of PART II.

• If they are unable to reach an agreement within forty-five (45) days of starting the negotiations, the Agent may refer to matter to an auditing firm of recognised international prestige to resolve any possible discrepancies, whose decision shall preserve the substance of what has been agreed by the parties to this Contract, particularly relative to the items used to define Net Financial Debt, EBITDA, Cash Flow Available for Debt Service and Net Financial Expenses.

• For any amount owed by the Parties in cases not expressly provided for in this Contract, by request from the other Party, the debtor Party must pay financial expenses at the Financial Expenses Rate over any amount due and not settled, since the date when it should have been paid, until the date when totally settled.

• The Company shall procure that the ratio of its EBITDA to its Net Financial Expenses is, on each Testing Date, greater than 5.0:1.

• The following components were used in the calculation of the Borrower’s Net Financial Expenses: Interest Expense including interest portion of lease rentals = [ ]; and Interest income = [ ].

More Definitions of Financial Expenses

Financial Expenses means the interest and fees indicated in article 2.2.10 of this Accounting Procedure.

Financial Expenses for any period, the sum of all interest and other financial expense of the Borrower, as determined in accordance with GAAP and reported on the Borrower's Quarterly Result Report "Informação Trimestral de Resultado (ITR)" or other similar document, including, without limitation, the result (negative or positive, as the case may be), of exchange variation and hedge operations, and excluding Equity Interest;

Financial Expenses mean the aggregate amount of interest, including capitalized interest, commission fees, remuneration, early repayment fees, payments in relation to any liabilities for financial activities and any other payments that are financial expenses in accordance with RAS, paid, charged and (or) payable during the relevant period (except for principal repayment).

Financial Expenses means, for a given Confirmation Date, the Group’s total financial expenses as defined for accounting purposes on page 79 of the 2004 Annual Report. In the event that new accounting standards applicable to the Issuer and/or Guarantor (and specifically US GAAP standards) make significant changes as determined by the Financial Agent and as communicated in writing to the Issuer and to the Guarantor in the definitions relating to Financial Ratios above, the Issuer will call a general meeting of Bondholders to deliberate on a proposed set of new definitions relative to the accounting Financial Ratios compatible with these new accounting standards; or

Financial Expenses means the sum of all financial expenses related to the Debt, including interest, fees, exchange losses on foreign-currency liabilities, and restatement of indexed Debts.

Financial Expenses. (Gastos Financieros) means for any period the sum of all costs and expenses resulting from the financial debts incurred by Borrower.

Financial Expenses. It means, for any period, the total amount of (i) interest expenses, and (ii) the portion corresponding to the interest of the financial lease installments, as shown in the income statement of CSOL Holding Ltd. and its subsidiaries, prepared in accordance with the IFRS.