Net Finance Costs definition
Net Finance Costs means, in respect of any Test Period, the Finance Costs less Interest Receivables and any interest on any intragroup loans, any capitalised interest on loans granted by shareholders and any prepayment fees in respect of borrowings calculated for the Group on a consolidated basis.
Net Finance Costs means the aggregate of all financial expenses for the Property Companies minus all financial income.
Net Finance Costs means the Finance Costs less Interest Receivables and any interest on any intragroup loans and any prepayment fees in respect of borrowings.
Examples of 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 Parent must ensure that the ratio of Consolidated EBITDA to Net Finance Costs is not, for any Measurement Period, equal to or less than 4 to 1.
Net Finance Costs For the year ended 31 December 2015, the net finance costs of the Group were approximately RMB23,392,000, as compared to approximately RMB37,963,000 for the corresponding period in 2014, representing a decrease of approximately RMB14,571,000 or 38%.
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.
More Definitions of Net Finance Costs
Net Finance Costs means the assessed aggregate annualised amount as of the test date of all financial expenses for the Group minus all financial income.
Net Finance Costs means, on a Test Date, the "net finance costs" (or equivalent item), as set out in Note 6 "Net Finance Costs" (or equivalent Note) in the Guarantor's latest annual consolidated financial statements or, as the case may be, semi-annual unaudited consolidated management financial statements;
Net Finance Costs means at any time Finance Costs less the aggregate of profit on Islamic bank accounts and interest income and other financing charges received or receivable by the Group from conventional bank accounts;
Net Finance Costs means, for any period, and with respect to any Person, the non-operating expense shown on the income statement of the Borrower representing:
Net Finance Costs means, in respect of a Relevant Period, the Finance Costs for that Relevant Period less Finance Income for that Relevant Period calculated on a consolidated basis.
Net Finance Costs means, in respect of any Test Period, the Finance Costs less Interest Receivables and any interest on any intragroup loans, any capitalised interest on
Net Finance Costs means, for a given period, the amount specified under the heading "Net cost of debt" ("Coût de l’endettement net") (in the column "FFO") appearing in the Group’s annual or half- yearly consolidated accounts.