Net Financial Charges definition

Net Financial Charges means, for the Relevant Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Relevant Period to any member of the Group and any interest income relating to cash or cash equivalent investments.
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Net Financial Charges means, in relation to any Relevant Period or Pro Forma Relevant Period, as the case may be, the consolidated amount of interest expense of the Group, minus interest income.
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Net Financial Charges means the algebraic sum of the following items of article 2425, itemC) (Proventi e oneri finanziari), of the Italian civil code:
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Examples of Net Financial Charges in a sentence

  • Recurring Free Cash Flow to Equity calculated as Adjusted EBITDA net of recurring Net Financial Charges, Income Statement Taxes and recurring Maintenance Investments.

  • Net Financial Charges has increased from Rs. 7,82,27,788 (FY 2017-18) to Rs. 7,95,29,698 (FY 2018-19).

  • In particular, the group of the Assigning Company shall comply with the following financial covenants on a consolidated basis: a Leverage Ratio (Net Debt/EBITDA) not higher than 3.5 times and an Interest Cover Ratio (EBITDA /Net Financial Charges) not lower than 4.5 times.

  • Performance Condition, on the other hand, means the accumulated achievement over the two-year period 2016-17, on the Group consolidated financial statements, of an EBITDA – Organic Net Financial Charges amount equal at least to the sum of the corresponding indicators in the 2016 and 2017 budgets.

  • Net Financial Charges = Financial Expenses – Financial Incomelocations.

  • This reduction had a positive effect on the Net Financial Charges recorded in the income statement in the first half of 2018, down to €0.59 million compared to €0.76 million in the first half of 2017.

  • Family court judges are inclined to order more restrictive visitation, such as supervised as opposed to unsupervised visitation.

  • The progress in the coverage ratio was mainly the result of a decrease of Net Financial Charges due to the rise in interest received from Cash and Cash Equivalents, which increased substantially driven by Cimpor’s strong operating performance.

  • Adjusted Net Financial Charges are substantially in line with the previous year.Adjusted Group income taxes amounted to Euro 8.8 million, increasing on H1 2017 by Euro 0.9 million.The Adjusted Net Profit of the F.I.L.A. Group for H1 2018, net of minorities, was Euro 16.1 million (Euro 17.6 million in the same period of the previous year).

  • Net Financial Charges increased by 1.2 million euros compared to 2Q05, mainly due to the higher average Gross Debt resulting from the 150 million euros bond issue completed in June 2005, and to the increase in Euribor rates by 25 basis points as at December 2005, with the consequent increase in Financial Expenses by 43.2% to 5.5 million euros, compared to 3.8 million euros in 2Q05.


More Definitions of Net Financial Charges

Net Financial Charges means total financial fees less the total financial profit; - "Net Financial Debt (Consolidated)": will be equal to the sum of the repayable advances, of loans and sundry debts as well as the item under the "Banks" column, plus pledges from the Balance Sheet related to leasing and released securities, less the amount of "liquid assets" as defined in the final Balance Sheet (Consolidated) of the Financial year certified by the Client, before the Drawdown; - "Earnings Before Interest, Taxes, Depreciation and Amortization (Consolidated)": equal to Earnings Before Interest, Taxes, Depreciation and Amortization (Consolidated) as defined in the Client's (Consolidated) Accounts from the financial year close before the Drawdown;
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Related to Net Financial Charges

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Consolidated Non-cash Charges means, with respect to any Person for any period, the aggregate depreciation, amortization (including amortization of goodwill and other intangibles) and other non-cash expenses of such Person and its Restricted Subsidiaries reducing Consolidated Net Income of such Person and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP (excluding any such charges constituting an extraordinary item or loss).

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Consolidated Lease Expense for any period, the aggregate amount of fixed and contingent rentals payable by the Borrower and its Subsidiaries for such period with respect to leases of real and personal property, determined on a consolidated basis in accordance with GAAP.

  • Rental Charges means the charges payable for renting the Vehicle from Us together with GST and any other taxes or levies which are all fully set out in the Rental Agreement.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Consolidated Rent Expense means, for any period, the total rent expense with respect to real and personal property of the Borrower for such period, as determined on a Consolidated basis and as reported in its financial statements.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.

  • Monthly Financial Statements is defined in Section 6.2(c).

  • Consolidated Interest Expense means, with respect to any Person for any period, without duplication, the sum of:

  • Consolidated Tax Expense means, for any period, the tax expense of Holdings and its Subsidiaries, for such period, determined on a consolidated basis in accordance with GAAP.

  • Interest Expenses means, with respect to any Person for any period, the sum, determined on a consolidated basis in accordance with GAAP, of all interest accruing on the Indebtedness of such Person during such period (including interest attributable to Capital Leases).

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.

  • Operating Revenue means amounts accrued or charge to customers, cli- ents, and tenants, for the sale of prod- ucts manufactured or purchased for re- sale, for services, and for rentals of property held primarily for leasing to others. It includes both reimbursable costs and fees under cost-type con- tracts and percentage-of-completion sales accruals except that it includesonly the fee for management contracts under which the contractor acts essen- tially as an agent of the Government in the erection or operation of Govern- ment-owned facilities. It excludes inci- dental interest, dividends, royalty, and rental income, and proceeds from the sale of assets used in the business.

  • Consolidated Depreciation and Amortization Charges means, for any period, the aggregate of all depreciation and amortization charges for fixed assets, leasehold improvements and general intangibles (specifically including goodwill) as well as impairments thereof and any losses traced to the write-off of goodwill, fixed assets, leasehold improvements and general intangibles associated with the disposal or exiting of a business of the Company or any of its Subsidiaries for such period, all as determined on a Consolidated basis and in accordance with GAAP.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Consolidated Rental Payments means, with reference to any period, all payments under all Operating Leases (including payments for leases which have been reserved against), net of any related income from subleases, in each case calculated for the Company and its Subsidiaries on a consolidated basis for such period.

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Operating Revenues means, for any, period, the gross revenues arising from the ownership and operation of the Properties during such period, including proceeds of any business interruption or rental loss insurance and amounts released from reserves, but specifically excluding Capital Proceeds, Capital Contributions and proceeds of Indebtedness.

  • Controllable Operating Expenses means all Operating Expenses except real property taxes, all forms of insurance, utility expenses, costs of services provided under a union contract, payments under CC&R’s or to an owners’ association and costs associated with repairs due to casualty, vandalism or other source outside of Landlord’s reasonable control.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Consolidated Interest Charges means, for any period, for the Consolidated Group, all interest expense, including the amortization of debt discount and premium, the interest component under capital leases and the implied interest component under Securitization Transactions, in each case on a consolidated basis determined in accordance with GAAP.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Net Interest Expense means, for any period, the total of (a) Interest Expense for such period minus (b) Interest Expense to Affiliates for such period to the extent included in the amount referred to in clause (a) and related to (i) interest payments on Debt obligations that are subordinated to the obligations of the Borrower under this Agreement or (ii) interest on Nonrecourse Indebtedness minus (c) interest on ComEd Debt for such period.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.