Net Interest Paid definition

Net Interest Paid means, in relation to a Testing Date, the amount of net interest paid, less the amount of interest received, by Crown (and its controlled entities) for the more recent of:
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Net Interest Paid means, in respect of any Relevant Period:
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Net Interest Paid means, in respect of the Group, gross interest paid less interest earned on cash and interest earned on cross currency interest rate swaps;
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Examples of Net Interest Paid in a sentence

  • The Interest Cover Ratio in future periods will depend on the Normalised EBITDA and Relevant Net Interest Paid in each future period.

  • Non-GAAP MeasuresTo supplement our condensed consolidated financial statements presented on a GAAP basis, RBI reports the following non-GAAP financial measures: EBITDA, Adjusted EBITDA, LTM Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted Earnings per Share (“Adjusted Diluted EPS”), Organic revenue growth, Organic Adjusted EBITDA growth, Organic Adjusted Net Income growth, Organic Adjusted Diluted EPS growth, Free Cash Flow, LTM Free Cash Flow, Net Interest Paid, and Adjusted EBITDA Net Leverage.

  • Net Interest Paid is lower than IPO because of the delay in acquisitions.

  • The Interest Cover Ratio in future periodswill depend on the Normalised EBITDA and Relevant Net Interest Paid in each future period.

  • A low Interest Cover Ratio may indicate that Crown could face difficulties in servicing the interest payable on its debt (including the interest payable on debt including Notes II) if earnings decrease or interest rates increase.The Interest Cover Ratio is calculated, in accordance with the Terms, as Normalised EBITDA (as described above) for the relevant six month period divided by Relevant Net Interest Paid for the relevant six month period.

  • At the time of the payment of those deferred interest amounts, any such payment may cause Crown’s financial position todeteriorate from that prevailing prior to the time of payment and is likely to increase the amount of Net Interest Paid for the purpose of the Interest Cover Ratio calculation.

  • It also shows the Interest Cover Ratio as it would have been at 31 December 2014 if it had been calculated using the pro forma financial information for the six months ended 31 December 2014 set out in Sections 4.4 to 4.6. The Interest Cover Ratio in future periods will depend on the Normalised EBITDA and Relevant Net Interest Paid in each future period.

  • Financial information Sensitivity analysis on Interest Cover Ratio The table below shows the changes in Normalised EBITDA and Relevant Net Interest Paid set out earlier in this Section 4.7 which would have been required to cause the Interest Cover Ratio to decline to the Minimum Level at the relevant points in time.

  • Net Interest Paid is the total of cash interest paid in the period, cash proceeds (payments) related to derivatives, net from both investing activities and financing activities and cash interest income received.

  • Despite the higher EBITDA of US$56 million, compared to US$33 million reported in 3Q’14, Net Free Cash Flow was impacted by higher Working Capital investment of US$32 million, compared to US$5 million reported in 3Q’14, higher CapEx, as well as higher Net Interest Paid.


More Definitions of Net Interest Paid

Net Interest Paid means all the interest paid by the Borrower, including all and any interest obligations or other obligations which are in substance of a substantially similar nature to interest which is payable in terms of any off balance sheet financing structure (and, if there is a dispute as to whether any obligation is in substance of a substantially similar nature to interest, such dispute shall be referred to the Lender's auditors for the time being, acting as experts and not as arbitrators and whose decision shall be final and binding on the parties and who shall determine the liability for their charges), less interest received by it.
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Related to Net Interest Paid

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • Fixed Rate Interest Payment Date has the meaning set forth in clause (d) of Section 2.01 of this Supplemental Indenture.

  • Interest Payment means, in respect of an interest payment on an Interest Payment Date, the amount of interest payable on the presentation and surrender of the relevant Coupon for the relevant Interest Period in accordance with Condition 4 (Interest Payments);

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

  • Interest Payable means in respect of the relevant Measurement Period ending on any Measurement Date, the aggregate of:

  • Interest Payments With respect to any Purchased Asset, all payments of interest, income, receipts, dividends, and any other collections and distributions received from time to time in connection with any such Purchased Asset.

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • Interest Payment Dates July 1, October 1, January 1 and April 1. Record Dates: June 15, September 15, December 15 and March 15. Reference is hereby made to the further provisions of this Note set forth on the reverse hereof, which further provisions shall for all purposes have the same effect as if set forth at this place.

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • Reset Interest Period means each period from (and including) the First Call Date or any Reset Date and ending on (but excluding) the next Reset Date;

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

  • Net Interest means interest earned on a prearranged

  • Compensating Interest Payment As defined in Section 6.06.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Subsequent Interest Period has the meaning specified in Section 307.

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Net Interest Rate means with respect to any Note, the Interest Rate for such Note minus the Servicing Fee Rate applicable to such Note.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Compulsory Interest Payment Date means any Interest Payment Date unless at the Assemblée Générale of the shareholders of the Issuer immediately preceding such date which was required to approve the annual accounts of the Issuer for the fiscal year ended immediately prior to such Assemblée Générale, no resolution was passed to pay a dividend on the ordinary share capital of the Issuer in respect of such previous fiscal year and