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

  • 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.

  • Net Interest Expenses decreased from US$11 million in 4Q’17 to US$9 million in 4Q’18 as a result of the new syndicated loan which reduced interest expense as well as improving the Company’s maturity debt profile.

  • Net Interest Expenses Net interest expenses decreased by 6.5% from RMB22,309 million for 2015 to RMB20,857 million for 2016, primarily due to decrease in the average balance of interest-bearing borrowings as a result of active measures to control debts and reduce interest.

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

  • Net Interest Expenses decreased from US$18 million in 4Q’14 to a gain in 4Q’15 of to US$3 million, while Other Financial Expenses declined to US$9 million from US$13 million in the year-ago quarter.


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 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 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 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, in respect of the Relevant Period, the aggregate amount of accrued interest whether paid, payable or capitalised by any Group Company according to the latest Financial Report(s) (calculated on a consolidated basis), after deducting any interest payable for the Relevant Period to any Group Company and any interest income relating to cash or cash equivalent investments of the Group.
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