Net Finance Expense definition

Net Finance Expense means, for any Measurement Period: (a) the aggregate amount of the accrued interest, profit, commission, fees, discounts, prepayment fees, premiums or charges and other finance payments in respect of Financial Indebtedness (whether, in each case, paid or payable by any member of the Group (calculated on a consolidated basis)); less (b) the aggregate amount of all financing charges received or receivable by any member of the Group (calculated on a consolidated basis) in respect of that Measurement Period;
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Net Finance Expense means, with reference to any period, the aggregate of (a) total interest expense (including that attributable to Capital Lease Obligations) of the Loan Parties and their Subsidiaries for such period with respect to all outstanding Indebtedness of the Loan Parties and their Subsidiaries (including all commissions, discounts, and other fees and charges owed with respect to letters of credit and bankers’ acceptances and net costs under Swap Agreements in respect of interest rates, to the extent such net costs are allocable to such period in accordance with GAAPIFRS), (b) total accretion expense related to any deferred consideration owing by the Loan Parties and their Subsidiaries (including any earn-out obligations), (c) total fair value adjustments related to changes in any earn-out obligations of the Loan Parties and their Subsidiaries, and (d) total amortization expense related to deferred financing fees of the Loan Parties and their Subsidiaries, all as calculated for the Loan Parties and their Subsidiaries on a consolidated basis for such period in accordance with GAAPIFRS.
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Net Finance Expense means, with reference to any period, the aggregate of (a) total interest expense (including that attributable to Capital Lease Obligations) of the Loan Parties and their Subsidiaries for such period with respect to all outstanding Indebtedness of the Loan Parties and their Subsidiaries (including all commissions, discounts, and other fees and charges owed with respect to letters of credit and bankers’ acceptances and net costs under Swap Agreements in respect of interest rates, to the extent such net costs are allocable to such period in accordance with GAAP), (b) total 51167637.4 accretion expense related to any deferred consideration owing by the Loan Parties and their Subsidiaries (including any earn-out obligations), (c) total fair value adjustments related to changes in any earn-out obligations of the Loan Parties and their Subsidiaries, and (d) total amortization expense related to deferred financing fees of the Loan Parties and their Subsidiaries, all as calculated for the Loan Parties and their Subsidiaries on a consolidated basis for such period in accordance with GAAP.
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Examples of Net Finance Expense in a sentence

  • Net Finance (Expense) Income Net finance (expense) income of the Company included in the unaudited condensed interim consolidated statements of operations and comprehensive income (loss) are summarized below.

  • EBITDA is defined as Reported Profit Before Tax after adding back Net Finance Expense, results from Joint Ventures and Associates and charges for Depreciation, Amortisation and Impairment.

  • Net Finance (Expense) Income Net finance (expense) income of the Company included in the condensed interim consolidated statements of operations and comprehensive income (loss) are summarized below.

  • Net Finance (Expense) Income Net finance (expense) income of the Company included in the consolidated statements of operations and comprehensive income (loss) are summarized below.

  • Net Finance (Expense) Income Net finance (expense) income of the Company included in the unaudited condensed interim consolidated statements of operations and comprehensive loss are summarized below.

  • Under the term of the facility agreement, the Group is required to comply with certain financial covenants typical of a facility and business of this nature, including covenants that relate to the ratio of Earnings before Interest, Taxation and Depreciation and Amortisation (“EBITDA”) to Net Finance Expense and the ratio of Net Debt to EBITDA.

  • The declines in Reported and Core Net Finance Expense partly reflected a favourable movement in loan interest, following the repayment of a $1bn bond in 2019.

  • Excluding the discount-unwind on acquisition-related liabilities, Core Net Finance Expense increased by 6% (19% at CER) to $387m.

  • The GHe subsystem provides contingency service/de-service of the Orion CM/SM GHe tanks.

  • The 11% (13% at CER) increase in Core Net Finance Expense was principally driven by the aforementioned lower interest rates and acquisition facilities costs.


More Definitions of Net Finance Expense

Net Finance Expense means charges on the debt, plus monetary variations, less income from financial investments, all related to the items described in the definition of Net Financial Debt above and calculated on the accrual basis over the last twelve (12) Months.
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Related to Net Finance Expense

  • management expense ratio means the total fees and expenses a fund paid during a year divided by its average assets for that year.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined 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.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.