Net Interest Charges means the net amount calculated as the number set out under the heading "Financial income" (or equivalent line item) in the consolidated financial statements of the Group from which is deducted the numbers set out under the heading "Financial costs" (or equivalent line items) in the consolidated financial statements of the Group;
Net Interest Charges means, with respect to any period, the difference between (but not below zero) (i) all Interest Charges during such period of the Company and its Restricted Subsidiaries, minus (ii) all interest income during such period of the Company and its Restricted Subsidiaries.
Net Interest Charges means the net amount calculated as the number set out under the heading "Interest income and similar items" (or equivalent line item) in the consolidated financial statements of SBB from which is deducted the numbers set out under the heading "Interest expenses and similar items" (or equivalent line items) in the consolidated financial statements of SBB;
Examples of Net Interest Charges in a sentence
The figures assume that rents will increase by 1.49% compared to 2020-21.2021-22Estimate£Expenditure 7,571,600Income -7,897,990 Net Cost of Services -326,390 Net Interest Charges 1,107,960Revenue Contribution to Capital 269,600Contribution to/from(-) Reserves -1,051,170 Surplus(-)/Deficit in year 0 Working Balance B/fwd 750,000 Working Balance C/fwd 750,000 The Housing Improvement Plan (HIP) has been included in the expenditure estimates above as far as the costs are known.
The Company must ensure that on each Testing Date the ratio of EBITDA to Consolidated Net Interest Charges, for the Measurement Period ending on the Testing Date, is not less than 3 to 1.
EBIT will not be less than twice Net Interest Charges in any year ending 31 March.
More Definitions of Net Interest Charges
Net Interest Charges means, for any period, for the selected business unit, the sum of, without duplication, (a) all interest, premium payments, commissions, fees, charges and related expenses (and interest income) of the business unit in connection with indebtedness (including capitalized interest) or bank accounts, money market accounts and investment accounts, or financing leases and notes receivable, or in connection with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP, and (b) the portion of rent expense of the business with respect to such period under capital leases that is treated as interest in accordance with GAAP.
Net Interest Charges means all continuing, regular or periodic costs, charges and expenses (including interest, discount costs, charges and expenses (including but not limited to interest, discount costs and any and all fees associated with or incurred under any Debt) incurred by the Credit Support Provider and any of its Subsidiaries in effecting, servicing or maintaining at any time its Debt, less interest income received by or arising to the Credit Support Provider or such Subsidiaries in the same period for which such Net Interest Charges are being determined, in each case by reference to the financial statements referred to in clause 18.1 of the Standby Loan Agreement.
Net Interest Charges means all continuing, regular or periodic costs, charges and expenses (including interest, discount costs, charges and expenses (including but not limited to interest, discount costs and any and all fees associated with or incurred under any Debt)) incurred by the Guarantor and any of its Subsidiaries in effecting, servicing or maintaining at any time its Debt, less interest income received by or arising to the Guarantor or such Subsidiaries in the same period for which such Net Interest Charges are being determined, in each case by reference to the financial statements referred to in Section 7.1(b) of this Agreement.
Net Interest Charges means, for any period, the excess of (a) Interest Charges for such period, over (b) all interest and such other such interest income received by the Borrower and its Subsidiaries during such period;
Net Interest Charges means the number set out under the heading "Net financial items" (or any equivalent line item), excluding ground rents, in the Consolidated Financial Statements of the Group.
Net Interest Charges means all interest and expenses on long-term and short-term liabilities, plus interest on lease liabilities on the basis of International Financial Reporting Standard (IFRS) 16 and other financing related expenses, minus all credit interest and related income, minus dividends received.
Net Interest Charges means, in relation to any period, the aggregate on a fully consolidated basis of: