Net Interest Expenses definition

Net Interest Expenses means, in respect of any relevant period, the aggregate of all interest, commitment and other fees, commissions, discounts and other costs, charges or expenses accruing due from all the members the Group during that accounting period less interest income received, determined on a consolidated basis in accordance with GAAP and as shown in the consolidated statements of income for the Group in the Applicable Accounts;
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Net Interest Expenses means, in respect of the relevant period:
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Net Interest Expenses means, for any Relevant Period, the Interest Expenses for that Relevant Period after deducting any interest or any other financial income payable in that Relevant Period to any member of the Group on any Cash or Cash Equivalent Investment.
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Examples of Net Interest Expenses in a sentence

  • Requirement: maintain a ratio of EBITDA to Net Interest Expenses on a trailing 4-quarter basis of not less than 2.00 to 1.00.

  • Debt covenant limits are set at a ratio of 3.5x (rolling 12-month EBITDA/ Adjusted Net Debt) and 3.0x (rolling 12-month EBITDA/ Net Interest Expenses) in all of our lending agreements.

  • Interest Cover Ratio means the ratio of EBITDA to Net Interest Expenses.

  • NextEra Energy’s third quarter adjusted earnings per share increased by 11 cents or 6.3% against the prior-year quarter, primarily reflecting contributions from new investments at both Florida Power & Light and Energy Resources.

  • Interest Coverage Ratio: Adjusted Profits Before Taxes was SEK [●], Total Net Interest Expenses was SEK [●] and therefore the Interest Coverage Ratio was [●]:1.00 (and should be equal to or higher than 1.50:1.00).


More Definitions of Net Interest Expenses

Net Interest Expenses has the meaning given to it in Clause 24 (Financial covenants).
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Net Interest Expenses means, for any Relevant Period, the Interest Expenses for that Relevant Period after deducting any interest accrued (whether or not paid) in that Relevant Period to any member of the Group (other than by another member of the Group) on any bank deposit, cash or cash equivalent investment.
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Net Interest Expenses means the consolidated net interest expense of the Issuer and its Subsidiaries, whether paid, accrued or capitalised, determined on a consolidated basis in accordance with IFRS.
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Net Interest Expenses shall have the meaning assigned to it in Section 5.15(a).
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Net Interest Expenses means, for any period and any Person, the sum of the following calculated on a consolidated basis without duplication in accordance with GAAP: (a) Interest Expenses minus (b) total cash interest income.
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Net Interest Expenses means, as of any compliance date, the aggregate of all interest, commitment and other fees, commissions, discounts and other costs, charges or expenses accruing due from all the members the Group during that accounting period less interest income received, determined on a consolidated basis in accordance with GAAP and as shown in the consolidated statements of income for the Group in the Applicable Accounts;
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Net Interest Expenses means with respect to the Group, consolidated net of interest expenses and interest income, excluding fair value of hedging agreements, and excluding interest expenses of the Shareholder Loans.
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