Borrowing Costs definition

Borrowing Costs means interest expenses on all forms of debt, other costs economically equivalent to interest and expenses incurred in connection with the raising of finance, as defined in national law, including payments under profit participating loans, imputed interest on convertible bonds and zero coupon bonds, payments under alternative financing arrangements, the finance cost elements of finance lease payments, capitalised interest included in the balance sheet value of a related asset, the amortisation of capitalised interest, amounts measured by reference to a funding return under transfer pricing rules, notional interest amounts under derivative instruments or hedging arrangements related to an entity's borrowings, the defined yield on net equity increases as referred to in Article 11 of this Directive, certain foreign exchange gains and losses on borrowings and instruments connected with the raising of finance, guarantee fees for financing arrangements, arrangement fees and similar costs related to the borrowing of funds;
Borrowing Costs means, with respect to any borrowing, any interest, fees or other expenses attributable to such borrowing, but shall not include any repayment of the principal amount of such borrowing.
Borrowing Costs of a loan shall mean the cost of procuring and repaying --------------- such loan expressed as an "all-in" effective annual interest rate per annum to be determined taking into account all costs of procuring and repaying such loan including, without limitation, all (i) periodic interest and other amounts due and payable in connection with such loan, (ii) all loan points and fees paid with respect to such loan, (iii) all fees and expenses of the lender(s) thereof that are subject to payment or reimbursement by the borrower in connection therewith, and (iv) all legal fees and expenses incurred by the borrower in connection therewith; provided that, all points, fees, costs and expenses will -------- ---- be amortized on a straight-line basis over the term of the loan.

Examples of Borrowing Costs in a sentence

  • Borrowing Costs that are attributable to the acquisition or construction of qualifying assets are capitalized as part of the cost of such assets.

  • Land Held for Resale/Capitalisation of Borrowing Costs Land held for resale is stated at the lower of cost and net realisable value.

  • Borrowing Costs that are attributable to the acquisition or construction of qualifying assets are capitalised as part of the cost of such assets.

  • IAS 23 Borrowing Costs identifies limited circumstances where borrowing costs are included in the cost of inventories.

  • The amendments also include clarification that, all income tax consequences of dividend payments should be recognized consistently with the transactions that generated the distributable profits, under IAS 12 Income Taxes and that under IAS 23 Borrowing Costs, any specific borrowing that remains outstanding after the related asset is ready for its intended use or sale becomes part of general borrowings.


More Definitions of Borrowing Costs

Borrowing Costs means interest expenses and other equivalent costs that a taxpayer incurs in connection with the borrowing of funds, including any difference between the borrowed funds and the maturity amount, the interest element in a leasing contract where the economic owner is entitled to deduct such interest and expenses incurred in connection with the raising of finance;
Borrowing Costs means all costs, expenses and fees properly incurred by Kent in connection with the arrangement of each and any recourse to prudential borrowing made in accordance with clause 4.3.3 of this Agreement together with any interest payable by Kent in respect of such prudential borrowings.
Borrowing Costs means in relation to any financial period a sum equal to the aggregate amount of all continuing, regular or periodic costs, charges and expenses incurred by the Borrower Group in respect of such period (and whether paid or not) in effecting, servicing or maintaining Borrowings including:
Borrowing Costs means the applicable costs payable by BORROWER for participation in the program and to cover current and ongoing costs of the Fund. Borrowing Costs are outlined in the Term Sheet.
Borrowing Costs means all costs, expenses and fees properly incurred by Kent in connection with the arrangement of each and any recourse to prudential borrowing made in accordance with clause 4.1.3 together with any interest payable by Kent in respect of such prudential borrowings. Business Day means a day (other than a Saturday or a Sunday) on which banks are open in London for the transaction of general business. Consents means any approval, consent, exemption, licence, permission or registration by of or from a person including but not limited to consents required from the local planning authority in relation to the Works or any part of it or them or otherwise required to enable the same to be lawfully carried out and maintained; Developer Contributions means the money paid by developers as a result of obligations imposed by way of Section 106 of the Town and Country Planning Xxx 0000 to the Borough Council in respect of new development within the Borough Councils' respective boundaries.