Financial definitions Clause Samples
The 'Financial definitions' clause establishes the specific meanings of key financial terms used throughout the agreement. It typically clarifies concepts such as revenue, net income, EBITDA, or other financial metrics, and may reference accounting standards or provide detailed calculation methods. By precisely defining these terms, the clause ensures all parties interpret financial obligations and benchmarks consistently, reducing the risk of disputes and misunderstandings related to financial performance or reporting.
Financial definitions. In this Agreement:
Financial definitions. In this Clause 20:
Financial definitions. For all purposes of this Agreement, the following terms shall have the respective meanings set forth below:
Financial definitions. For the purposes of Clause 11.15:
Financial definitions. In this Clause 27:
Financial definitions. 2.2.1 In the Finance Documents, the accounting expressions set forth below shall bear the following meanings:
Financial definitions. For the purposes of Clause 21.1 (Financial Covenants):
Financial definitions. In Clause 19.1 (Financial Condition), the following terms have the following meanings:
Financial definitions. (a) Wherever used in this Agreement, unless the context otherwise requires, the following terms have the meanings opposite them:
Financial definitions. As used in this Agreement, the following capitalized terms have the meanings set forth below (all calculations are to be made in accordance with GAAP unless otherwise noted and all calculations are to be made for Borrowers on a consolidated basis):