Financial Stress definition

Financial Stress means inability to meet debt repayments and daily living costs.
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Financial Stress means the undue financial strain
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Financial Stress means a condition of elevated risk to a project, characterized by some combination of operating deficits, elevated vacancy loss, major deferred maintenance and/or deferred capital improvements, depletion of reserves, and/or losses due to economic shocks such as natural disaster.
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Examples of Financial Stress in a sentence

  • Except as provided in Section 4.1.2 or as otherwise provided by law, decisions at general meetings shall be taken by a simple majority vote, except that, for as long as Excella and Semantix each hold a fifty percent (50%) interest in the Company’s total and voting share capital, decisions shall be taken by consensus between Excella and Semantix, except in the event of Financial Stress and provided that the procedure set forth in Section 8.5 below is observed.

  • The CFO or his or her designee will ensure that members of the Finance Team are sufficiently conversant in the evaluation of D&B’s Financial Strength Score, Paydex Score, Financial Stress Score, and Commercial Credit Score, and Credit Risk Monitor’s FRISK Score.


More Definitions of Financial Stress

Financial Stress means a condition of elevated risk to a project, characterized by some combination of operating deficits, elevated vacancy loss, major deferred maintenance and/or
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Financial Stress means the Company’s cash being less than three hundred thousand reais (R$300,000.00) for two (2) subsequent months during the 2021 year. For subsequent years, the Shareholders must agree on the minimum value, and in the absence of an agreement, the value established for the immediately preceding year will be considered;
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Related to Financial Stress

  • Financial Monitoring Report or “FMR” means each report prepared in accordance with Section 4.02 of this Agreement;

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Sustainability Structuring Agent means PNC Capital Markets LLC.

  • Historical Financial Statements means (a) the audited consolidated balance sheets and related statements of comprehensive income, shareholders’ equity and cash flows of the Borrower for the fiscal years ended June 30, 2014, June 30, 2015 and June 30, 2016 and (b) the unaudited consolidated balance sheets and related consolidated statements of comprehensive income and cash flows for the Borrower for the fiscal quarters of the Borrower ended September 30, 2016, December 31, 2016 and March 31, 2017.

  • Annual Financial Statements has the meaning set forth in Section 3.06.

  • Financials means the financial statements delivered, or required to be delivered, pursuant to Section 9.1(a) or (b) together with the accompanying officer’s certificate delivered, or required to be delivered, pursuant to Section 9.1(d).

  • Financial Report means the annual financial report prepared under Chapter 2M of the Corporations Act for the Company and its controlled entities;

  • 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.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • International Financial Reporting Standards means the accounting standards and interpretations adopted by the International Accounting Standards Board.

  • Financial exigency means a condition that requires the bona fide discontinuance or reduction in size of an administrative unit, project, program or curriculum due to the lack of funds available and sufficient to meet current or projected expenditures.

  • Financial Statement Date has the meaning set forth in Section 4.05 hereof.

  • Financial Reporting Measure means any measure determined and presented in accordance with the accounting principles used in preparing the Company’s financial statements, and any measures derived wholly or in part from such measures, including GAAP, IFRS and non-GAAP/IFRS financial measures, as well as stock or share price and total equityholder return.

  • Financial Reports means the Annual Financial Statements and the Interim Accounts.