New finance definition

New finance means finance that is provided to a person or company in financial distress or even when insolvent.
New finance means such permitted indebtedness incurred or to be incurred by the REIT Trustee or by any other special purpose vehicle set up by the REIT Trustee on behalf of SunREIT, in the form of bilateral and/or syndicated loan arising from the provision of financing by the New Financiers.

Examples of New finance in a sentence

  • New finance lease right-of-use assets and finance lease liabilities are a result of the reassessment of leases with purchase options that are reasonably certain to be exercised by the Company under the transition to Topic 842, previously accounted for as operating leases.

  • New finance system being implemented which will make controls more efficient.

  • New finance leases in 2017 amount to K€1,453 which relate to machine tools (2016: K€184).

  • New finance (a) Granting superpriority to new financing in confidential proceedings is exceptional.

  • Year ended 31 December31 December 20022001 £’000£’000 Increase in cash in year4220 Cash outflow from reductions in debt and finance leases120237 Cash inflow from decrease in liquid resources(739)(805) Change in net funds resulting from cash flows(577)(548) Loans and finance leases acquired with subsidiaries(361)— New finance leases—(30) Translation difference1510 Movement in net funds in year(923)(568) Net funds at 1 January 20026,0326,600 Net funds at 31 December 20025,1096,032 31.

  • Sub-article 2 New finance branches may be formed by staff associations/members in two or more companies, and if there are at least 1,200 active and dormant members in total in the companies concerned.

  • New finance lease assets in finance lease industry are one-off items, and the rent will be recovered progressively during lease terms (most of the Group’s projects’ lease terms range from three to five years).

  • Fischer 7:49 Staffing - Jess and Jeff● New finance director - Ying Vu. Comes to us from Pocham and Terrace.

  • New finance strategies will include a combination of public and private initiatives and the application of pricing schemes resulting in some additional financial resources.

  • The reduction in the reserve during 2018/19 of £520k is due to the following: • Wheels to Work - £74k• Environmental Enforcement Officers - £40k• Place Marketing Expert support - £40k• Commercial Site Viability - £40k• Chief Executive Delegations - £76k (as outlined in para 3.5)• New finance System as previously approved by mmbers - £250k (depending on chosen supplier and product the financial rules may require this expenditure to be funded through revenue rather than capital).

Related to New finance