New finance definition

New finance means finance that is provided to a person or company in financial distress or even when insolvent.
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New finance means such permitted indebtedness incurred or to be incurred by the REIT Trustee or by any other special purpose vehicle set up by the REIT Trustee on behalf of SunREIT, in the form of bilateral and/or syndicated loan arising from the provision of financing by the New Financiers.
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Examples of New finance in a sentence

  • New finance facilitated increasing from £8 million in 2013-14 to £13 million in 2014-15 and in the six months to September 2015 £9 million of finance was facilitated.

  • New finance system implemented; anti-fraud policy updated; financial and procurement controls; assurance from internal and external audit; ongoing fraud awareness briefings.

  • New finance implemented; anti-fraud policy updated; financial and procurement controls; assurance from internal and external audit; ongoing fraud awareness briefings.

  • While we are learning to work around this, it does create frustration and delays as the finance server and other online systems can't be accessed during power cuts.3.2.1 New finance systemsThe automated expenditure reports have proved to be the most complicated area of the new systems.

  • Significant financial and reputational impacts New finance system has been implemented, anti-fraud policy updated, controls, financial and procurement controls, assurance and internal and external audit; ongoing fraud awareness briefings.

  • Since no data are available to estimate α, I instead put the findings into a context that is unit free and deemphasize the magnitude of β when discussing the results.

  • RECONCILIATION OF NET CASH FLOW TO MOVEMENT IN NET FUNDS 20022001 £’000£'000(Decrease) / increase in cash in the year(108)777Cash outflow from decrease in debt finance19466Cash outflow from decrease in lease finance621 (83) 1,264 New finance lease - (11)Loans disposed of with subsidiaries-560Loan2,632- 2,632 549 Movement in net debt in the year 2,549 1,813Net funds at 1 January 2002172(1,641) Net funds at 31 December 2002 2,721 172 24.

  • There are several key themes for the business, including: - Revenue from the major contract with ABC announced in March 2020 has begun to flow in July 2020; - New finance facilities have been secured with Octet Finance for the provision of invoice discounting and trade finance.

  • EXAMPLE 7 — INCOME SHARE AGREEMENTS New finance innovations, which are ripe for employer uptake and use, are being explored by financial service companies.

  • Significant financial and reputational impacts New finance system being implemented, anti-fraud policy updated (see section 5), controls, assurance and internal and external audit.

Related to New finance

  • New Financing has the meaning specified in Section 2.04(a).

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Finance means the Division of Finance.

  • Bridge means a structure including supports erected over a depression or an obstruction, such as water, a highway, or a railway, for the purposes of carrying traffic or other moving loads, and having an opening measuring along the center of the roadway of more than 20 feet between undercopings of abutments or spring lines of arches, or extreme ends of openings for multiple boxes where the clear distance between openings is less than 1/2 of the smaller contiguous opening.

  • Project Financing Subsidiary means any Restricted Subsidiary of the Borrower (or any other Person in which Borrower directly or indirectly owns a 50% or less interest) whose principal purpose is to incur Project Financing or to become an owner of interests in a Person so created to conduct the business activities for which such Project Financing was incurred, and substantially all the fixed assets of which Subsidiary or Person are those fixed assets being financed (or to be financed) in whole or in part by one or more Project Financings.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • Finance Corp. means the Person named as “Finance Corp.” in the first paragraph of this instrument until a successor Person shall have become such pursuant to the applicable terms of this Indenture, and thereafter “Finance Corp.” shall mean such successor Person.

  • Finance Co means the Person named as such in the preamble of this Indenture under and until a successor replaces it pursuant to the applicable provision of this Indenture and thereafter means such successor.

  • Bridge Financing has meaning set forth in Section 7.6.

  • Domestic brewery means a place where beer and malt liquor

  • Corporate Finance Fee means the fee to be paid to the Agent by the Issuer in consideration of corporate finance and structuring services provided by the Agent;

  • Project Finance Debt means Debt of any Subsidiary of the Borrower (i) that is (A) not recourse to the Borrower other than with respect to Liens granted by the Borrower on direct or indirect equity interests in such Subsidiary to secure such Debt and limited Guaranties of, or equity commitments with respect to, such Debt by the Borrower, which Liens, limited Guaranties and equity commitments are of a type consistent with other limited recourse project financings, and other than customary contractual carve-outs to the non-recourse nature of such Debt consistent with other limited recourse project financings, and (B) incurred in connection with the acquisition, development, construction or improvement of any project, single purpose or other fixed assets of such Subsidiary, including Debt assumed in connection with the acquisition of such assets, or (ii) that represents an extension, renewal, replacement or refinancing of the foregoing, provided that, in the case of a replacement or refinancing, the principal amount of such new Debt shall not exceed the principal amount of the Debt being replaced or refinanced plus 10% of such principal amount.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Project Finance Subsidiary means a Subsidiary that is a special-purpose entity created solely to (i) construct or acquire any asset or project that will be or is financed solely with Project Financing for such asset or project and related equity investments in, loans to, or capital contributions in, such Subsidiary that are not prohibited hereby and/or (ii) own an interest in any such asset or project.

  • Acquisition Corp. shall have the meaning given to such term in the preamble to this Agreement.

  • Co-financier means the financier (other than the Bank or the Association) referred to in Section 7.02 (h) providing the Co-financing. If the Loan Agreement specifies more than one such financier, “Co- financier” refers separately to each of such financiers.

  • Project Finance Entity means: (a) a holder, trustee or agent for holders, of any component of Project Financing; or (b) any purchaser of capacity and/or energy produced by the Customer Facility to which Interconnection Customer has granted a mortgage or other lien as security for some or all of Interconnection Customer’s obligations under the corresponding power purchase agreement. Provisional Interconnection Service:

  • Public-finance transaction means a secured transaction in connection with which:

  • Greenfield means land not developed beyond agricultural, range, or forestry use.

  • Co-financing Agreement means the agreement to be entered into between the Recipient and the Co-financier providing for the Co-financing.

  • Additional Financing means the sale by the Company of additional Units as contemplated by the registration statement on Form SB-2 filed by the Company with the SEC on September 13, 2006, as amended from time to time thereafter.

  • Insurance premium finance company means a person engaged in the business of

  • Working Capital Facility means, at any time, the aggregate amount of the Working Capital Lenders' Working Capital Commitments at such time.

  • Project Finance Indebtedness means any present or future indebtedness incurred to finance the ownership, acquisition, development and/or operation of an asset, whether or not an asset of a member of the Group:

  • Bridge Facility means the Commitments and any Advances made thereunder.