Define: Finance Costs

How is Finance Costs defined in a legal contract?

• Finance Costs means the total cost of interest, fees, commissions, discounts, or charges relating to borrowings made by a group, including payments tied to interest rate hedges but excluding unrealized effects of such hedges, fees paid to an agent under certain terms and conditions or agreements, and any losses due to foreign exchange transactions. Seen in 21 SEC filings.
• Finance Costs means all the amounts of interest, fees, and charges paid in connection with any debt incurred while conducting operations and any debt refinancing, provided that in the case of affiliate debt, it only includes interest to the extent that it does not exceed a rate that would have been agreed upon between independent parties under similar circumstances and such interest is not limited by whatever assets or services are purchased by the principal of the loan. Seen in 5 SEC filings.
• Finance Costs means all the interest (whether paid, payable or added to principal) incurred by a project company during a particular period. Seen in 4 SEC filings.
• Finance Costs means interest and other costs incurred by an entity in connection with the borrowing of funds. Seen in 3 SEC filings.
• Finance Costs means in respect to any testing date, the number listed under the heading ""Interest to financial institutions"" or equivalent line item, added to the number listed under the heading ""Financial expenses"" or any equivalent line item, each as outlined in the consolidated financial statements of a group. Seen in 3 SEC filings.
• Finance Costs means Debt Service and all other costs incurred by a district in connection with the issuance of District Debt. Seen in 3 SEC filings

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of finance costs' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 2

• Finance Costs means debts & costs borne by [organization] while issuing funds or conducting specific projects.

Relevant Contract Type

• Project Finance Contract
• Investment Agreement
• Joint Venture Agreement

Relevant Circumstances

• When an organization is involved in a major project requiring external financing.
• When there's a collaboration or joint venture requiring significant capital investment.
• In case of large-scale infrastructural or development projects.

Relevant Sectors

• Energy
• Infrastructure
• Private Equity and Venture Capital

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