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 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;

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.

• Notwithstanding the preceding sentence, the calculation of liabilities shall not include any fair value adjustments to the carrying value of liabilities to record such liabilities at fair value pursuant to electing the fair value option election under FASB ASC 000-00-00 (formerly known as FAS 159, The Fair Value Option for Financial Assets and Financial Liabilities) or other FASB standards allowing entities to elect fair value option for financial liabilities.

• 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 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.

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 has the meaning assigned that term in --------------------- Section 7.22.

Financial Liabilities means for the purposes of this § 5.2.14 (i) any interest-bearing debt, in particular liabilities in connection with loans or financial instruments, or (ii) any other financial liabilities or funding commitments or other significant financial obligations vis-à-vis subsidiaries or affiliated companies. For the avoidance of doubt, Financial Liabilities shall not include trade payables (Verbindlichkeiten aus Lieferungen und Leistungen) incurred in the ordinary course of business;

Financial Liabilities means fines, penalties, forfeits, chargebacks, expenses, costs, fees (including litigation costs and attorney’s fees), charges, losses, damages, claims, demands, actions, suits, investigations, legal proceedings, and any other actual and reasonably anticipated financial liabilities of whatever nature;

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 means the total current liabilities as shown in the Statement of Financial Position;