Financial Liabilities definition

Financial Liabilities has the meaning assigned that term in Section 5.28.

Financial Liabilities means, without duplication, the aggregate of the following: (i) loan payables within the meaning of sec. 266 (3) (C) 1 HGB; (ii) liabilities to banks within the meaning of sec. 266 (3) (C) 2 HGB; (iii) all financial debt owed to Sellers or their Affiliates or third parties including accrued interest; (iv) all recourse liabilities and other liabilities (whether conditional or unconditional, present or future) arising from any transactions related to the assignment of receivables for financing purposes by the Business to any third party, including all factoring agreements and similar agreements executed for the purpose of obtaining financing; and (v) all liabilities arising from Guarantees.

Financial Liabilities include but not limited to any liability relating to (1) loan; (2) any bond, check, loan facility, stock or similar notes mortgaged by any company; (3) any acceptance or documentary letter of credit; (4) any sold or discounted account receivable (except those without recourse); (5) any cost for purchasing any assets prior to or after acquiring or possessing the same, and such advanced or deferred payment functions as a financial tool for the purchase of assets; (6) financing tool mainly for purchasing leased assets; (7) any amount collected to the same effect as loan or financing; (8) any guarantee, indemnity or similar undertakings with respect to the financial losses suffered by any person; or (9) other contractual obligation or tort liability. No liability shall be double counted

Examples of Financial Liabilities in a sentence

• Financial Liabilities at Fair Value through Profit or Loss Fair value through profit or loss category comprises financial liabilities that are either held for trading or are designated to eliminate or significantly reduce a measurement or recognition inconsistency that would otherwise arise.

• Financial Assets and Financial Liabilities are offset and the net amount is presented in the balance sheet when, and only when, the Company has a legally enforceable right to set off the amount and it intends, either to settle them on a net basis or to realise the asset and settle the liability simultaneously.

• Financial Liabilities Financial liabilities are recognised on the Balance Sheet when the Council becomes a party to the contractual provisions of a financial instrument and are initially measured at fair value and are carried at their amortised cost.

• In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities.

• Financial Liabilities Financial liabilities are recognised on the Balance Sheet when the Authority becomes a party to the contractual provisions of a financial instrument and are initially measured at fair value and are carried at their amortised cost.

More Definitions of Financial Liabilities

Financial Liabilities save as disclosed to the Agent prior to the date of this Agreement or any date on which this representation and warranty is repeated, it is not in default in the payment of any sum greater than $100,000, or in the performance observance of any obligation in respect of any Financial Liability greater than $500,000, and no event has occurred which with the giving of notice, lapse of time or other condition could constitute such a default in respect of any Financial Liability greater than $500,000;

Financial Liabilities means any indebtedness, bank loans, bank overdrafts, bonds, finance leases or other borrowings, Employment Liabilities (including, for the avoidance of doubt, Defined Benefit Liabilities), provisions of a debt nature; and balance of debt from capitalised operating leases other than those operating leases identified in the Disentanglement Plan;

Financial Liabilities has the meaning assigned that term in Section 7.22.

Financial Liabilities. The liabilities of all types that fall upon any party, i.e. the debts shown as such in the debt box of its balance sheet according to the accounting standards generally accepted in China, and the debts borne or guaranteed by the party for others or the debts of others for which the party bears second responsibility or contingent responsibility (excluding the bill endorsement in the process of circulation), whether the liabilities are obtained through agreement, or through the provision or lending of amounts, or otherwise, which all belong to financial liabilities;

Financial Liabilities means liabilities that require or may require settlement in cash, excluding any impairment or defect in the quality of any asset;

Financial Liabilities are all liabilities from or in connection with

Financial Liabilities means, as to the Company, the amount of any direct or indirect indebtedness, liability or obligation of the Company or a Guaranty granted by the Company that would appear on the line items “Long Term Financial Liabilities” or “Current Portion of Long Term Financial Liabilities” of a balance sheet prepared in accordance with the procedures used by the Company to prepare the Most Recent Financial Statements and IFRS.