Finance Costs definition

Finance Costs means, for any Test Period, the aggregate amount of interest costs, commission, fees, discounts, premiums or charges in respect of borrowings whether paid or accrued by the Group, including all payments relating to the realised net effect of any interest rate hedges but excluding the unrealised effect of any interest rate hedges, fees paid to the Agent pursuant to the terms of these Terms and Conditions or the Agency Agreement and any unrealised or realised losses pursuant to foreign exchange transactions.

Finance Costs means, in respect of any relevant period, the aggregate amount (determined by the Agent) of all interest, fees and other periodic payments payable to the Finance Parties under the Finance Documents for that period.

Finance Costs has the meaning set out in the Senior Credit Agreement.

Examples of Finance Costs in a sentence

• At the time of payment You must also pay all accrued Finance Costs and any other costs and fees payable under that Supplementary Agreement in respect of that Stock (“Early Payment Amount”).

• Consistent with the foregoing, moneys in the Rate Stabilization Account may be used by the District (i) for the payment of Finance Costs on District Debt to the extent that District Charges and any Other District Revenues allocated for the purposes specified in Section 8.2.3 are insufficient for such purpose, (ii) for such other purposes related to District Debt as the District determines appropriate, and (iii) the acquisition, construction or replacement of Capital Facilities.

• At the time of payment you must also pay all accrued Finance Costs and any other costs and fees payable under that Supplementary Agreement in respect of that Stock (“Outstanding Balance”).

• Such District Charges, in the aggregate, shall have the purpose of funding, and shall be set at levels sufficient to fund (i) reserves authorized or required by this Agreement or required by any bond or other instrument relating to District Debt, and (ii) the payment when due of all of the Finance Costs, Capital Costs and other System Costs of the District not otherwise funded.

• The Company shall ensure that the ratio of Consolidated EBITDA to Consolidated Net Finance Costs is not, at the end of each Measurement Period, less than 2.75 to 1.

More Definitions of Finance Costs

Finance Costs means, in relation to a Measurement Period, all Interest (whether paid, payable or added to principal) incurred by the Project Company during that period;

Finance Costs means finance costs as presented in the Financial Statements of the Group as determined in accordance with IFRS.

Finance Costs means any one or more of, as determined by AEF, the ECA Guaranty Fee, the Upfront Fee and interest on the Tranche A Loans, in each case, to the extent capitalized pursuant to Section 2.07(d), as permitted by AEF.

Finance Costs means, in respect of any Testing Date, the number set out under the heading “Interest to financial institutions” (or any equivalent line item) added to the number set out un- der the heading “Financial expenses” (or any equivalent line item), each as set out in the consol- idated financial statements of the Group.

Finance Costs means Debt Service and all other costs incurred by the District in connection with the issuance of District Debt.

Finance Costs means, in relation to a Measurement Period, the aggregate of all interest, commission, fees, discounts, premiums, charges and other finance costs (whether paid, payable or added to principal) incurred by the Group (or the Adjusted Group when calculating the ratio of Cashflow to Debt Service) during that period (calculated on a consolidated basis).

Finance Costs or "Interest Costs" shall include all amounts of interest, fees and charges paid in respect of any debt incurred in carrying out the Petroleum Operations and any refinancing of such debts, providing that in the case of Affiliate debt, it shall include interest only to the extent that it does not exceed a rate which would have been agreed upon between independent parties in similar circumstances and such interest is not limited by which assets or services are purchased by the loan principal.