Fixed Charges definition: Copy, customize, and use instantly
Introduction
The term "Fixed Charges" refers to the recurring financial obligations that a business must pay regularly, regardless of its level of business activity. These charges are essential for maintaining operations and ensuring stability in financial planning. Fixed charges are important for defining the financial commitments of a company in a contract, especially for determining the company’s ability to meet its debt obligations.
Below are various examples of how "Fixed Charges" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Fixed Charges" as periodic financial obligations
This definition ties "Fixed Charges" to regular financial payments that a company must make, often for items like leases, interest, or insurance premiums.
"Fixed Charges" means the recurring financial obligations a company must pay regularly, such as lease payments, interest on debt, and insurance premiums, regardless of business performance or revenue.
Definition of "Fixed Charges" as debt-related obligations
This definition connects "Fixed Charges" to obligations related to debt service.
"Fixed Charges" refers to the total amount a company is required to pay periodically to service its debt, including interest payments and principal repayments, which remain constant regardless of business performance.
Definition of "Fixed Charges" as operational cost commitments
This definition links "Fixed Charges" to operational costs that must be met regardless of business activity.
"Fixed Charges" means the operational cost commitments that a business is obligated to meet regularly, such as facility rent, loan repayments, and certain insurance premiums, irrespective of its income levels.
Definition of "Fixed Charges" as capital expenditure obligations
This definition applies "Fixed Charges" to obligations related to capital expenditures.
"Fixed Charges" refers to regular payments associated with capital expenditures, such as payments on capital leases and long-term financing for equipment or infrastructure, that the business is obligated to make.
Definition of "Fixed Charges" as non-variable financial obligations
This definition connects "Fixed Charges" to financial obligations that do not change with business performance.
"Fixed Charges" means financial obligations that are constant and do not fluctuate based on a company’s revenue, including lease agreements, debt service payments, and other long-term commitments.
Definition of "Fixed Charges" as contractual financial obligations
This definition ties "Fixed Charges" to the contractual obligations a company must fulfill.
"Fixed Charges" refers to the financial obligations that a business is contractually bound to pay regularly, such as mortgage payments, rent, or other fixed liabilities, irrespective of income or profit.
Definition of "Fixed Charges" as leasing obligations
This definition links "Fixed Charges" to leasing commitments.
"Fixed Charges" means the fixed amounts a business is required to pay under its leasing agreements, including monthly rent or equipment lease payments, regardless of how much business is conducted.
Definition of "Fixed Charges" as interest payments on loans
This definition connects "Fixed Charges" specifically to interest payments.
"Fixed Charges" refers to the interest payments a business is required to make on outstanding loans, which are predetermined and remain the same regardless of business performance.
Definition of "Fixed Charges" as financial commitments in a merger or acquisition
This definition applies "Fixed Charges" to situations involving mergers or acquisitions.
"Fixed Charges" means the pre-agreed financial commitments a company must continue to pay after a merger or acquisition, including debt service obligations and lease payments.
Definition of "Fixed Charges" as costs related to securing financial stability
This definition ties "Fixed Charges" to costs ensuring financial stability.
"Fixed Charges" refers to the regular payments that a company must make to ensure ongoing financial stability, such as debt servicing, lease payments, and interest obligations, which do not fluctuate based on income.
Definition of "Fixed Charges" as mandatory operational expenses
This definition connects "Fixed Charges" to mandatory expenses that a business cannot avoid.
"Fixed Charges" means the mandatory operational expenses a company must pay, such as rent, loan payments, and interest, regardless of its earnings or overall business performance.
Definition of "Fixed Charges" as financial obligations in an operating agreement
This definition links "Fixed Charges" to an operating agreement context.
"Fixed Charges" refers to the financial obligations specified in an operating agreement, including but not limited to fixed payments for leases, loans, and insurance premiums, which must be paid regardless of business results.
Definition of "Fixed Charges" as financial obligations impacting creditworthiness
This definition applies "Fixed Charges" to evaluating creditworthiness.
"Fixed Charges" means the consistent financial obligations, such as interest payments and lease commitments, that a company must pay, which are taken into account when assessing its creditworthiness or ability to meet additional debt obligations.
Definition of "Fixed Charges" as business expenses
This definition ties "Fixed Charges" to recurring business expenses that are necessary to maintain operations.
"Fixed Charges" means the recurring business expenses that a company is obligated to pay, including fixed costs such as rent, insurance premiums, and loan payments, which do not fluctuate with the company's revenue.
Definition of "Fixed Charges" as regular contractual payments
This definition connects "Fixed Charges" to regularly scheduled contractual payments.
"Fixed Charges" refers to the regularly scheduled payments a company must make as part of a contract, such as long-term lease payments or debt servicing, which remain constant over time.
Definition of "Fixed Charges" as guaranteed obligations
This definition links "Fixed Charges" to obligations that are guaranteed and cannot be avoided.
"Fixed Charges" means the guaranteed obligations that a business must pay, including lease payments, interest on loans, and fixed insurance premiums, regardless of its business performance.
Definition of "Fixed Charges" as predictable expenses
This definition connects "Fixed Charges" to predictable expenses that remain the same over time.
"Fixed Charges" refers to predictable and consistent expenses that a business must pay, such as rental agreements, interest on loans, or other long-term financial obligations that remain unchanged.
Definition of "Fixed Charges" as non-negotiable obligations
This definition applies "Fixed Charges" to non-negotiable financial obligations.
"Fixed Charges" means the non-negotiable financial obligations that a business must meet, such as repayments for capital leases, insurance premiums, and long-term loan interest, which are fixed and do not change.
Definition of "Fixed Charges" as operational financial commitments
This definition ties "Fixed Charges" to the operational financial commitments of a business.
"Fixed Charges" refers to the operational financial commitments a business must fulfill, including long-term leases, interest on debt, and other similar commitments that are not tied to sales or profits.
Definition of "Fixed Charges" as ongoing liabilities
This definition connects "Fixed Charges" to ongoing liabilities that remain the same over time.
"Fixed Charges" means the ongoing liabilities a business must fulfill, such as fixed rent or interest payments, that are due on a regular basis and are not affected by changes in business activity.
Definition of "Fixed Charges" as scheduled payments for operational costs
This definition links "Fixed Charges" to scheduled payments for operational costs.
"Fixed Charges" refers to the scheduled payments that a business must make for operational costs, such as lease obligations or long-term debt, that remain unchanged despite fluctuations in business performance.
Definition of "Fixed Charges" as the basis for financial covenants
This definition applies "Fixed Charges" to financial covenants in a credit agreement.
"Fixed Charges" means the recurring financial payments used to measure compliance with financial covenants in loan agreements, such as lease payments and interest obligations, which remain constant throughout the term of the loan.
Definition of "Fixed Charges" as long-term financial obligations
This definition ties "Fixed Charges" to long-term financial obligations a company must fulfill.
"Fixed Charges" refers to the long-term financial obligations a business is required to pay regularly, such as payments on capital leases or long-term loans, that do not vary with business performance.
Definition of "Fixed Charges" as predictable financial commitments
This definition connects "Fixed Charges" to financial commitments that a business can predict.
"Fixed Charges" means the predictable and regular financial commitments that a business must meet, including but not limited to lease payments, interest on loans, and other fixed expenses, which do not fluctuate based on revenue.
Definition of "Fixed Charges" as recurring debt obligations
This definition applies "Fixed Charges" to debt-related obligations.
"Fixed Charges" refers to the recurring debt obligations a company is required to pay, including interest payments on loans, principal repayments, and lease payments that do not vary over time.
Definition of "Fixed Charges" as financial obligations for sustainability
This definition ties "Fixed Charges" to financial obligations that ensure business sustainability.
"Fixed Charges" means the financial obligations a business must meet to maintain its operational sustainability, including recurring payments for leases, debt servicing, and insurance premiums, regardless of the company’s financial performance.
Definition of "Fixed Charges" as essential financial commitments
This definition connects "Fixed Charges" to essential financial commitments for operations.
"Fixed Charges" refers to the essential financial commitments a business must pay regularly to ensure continued operations, such as rent, loan interest, and insurance premiums, which are not impacted by the company's sales or profitability.
Definition of "Fixed Charges" as regular debt servicing obligations
This definition links "Fixed Charges" to debt servicing obligations that are regular and mandatory.
"Fixed Charges" means the regular debt servicing obligations a business is required to fulfill, such as fixed payments for interest, principal repayments, and capital lease obligations, which do not vary with revenue or business activity.
Definition of "Fixed Charges" as long-term contractual commitments
This definition applies "Fixed Charges" to long-term contractual financial obligations.
"Fixed Charges" refers to the long-term contractual financial obligations that a business is required to fulfill, including debt repayments, interest payments, and fixed lease payments, which are not influenced by fluctuations in business performance.
Definition of "Fixed Charges" as regular non-variable costs
This definition connects "Fixed Charges" to non-variable costs that remain consistent.
"Fixed Charges" means the regular non-variable costs that a business is obligated to pay on a consistent basis, such as monthly rent, long-term debt obligations, and fixed insurance premiums, which remain unchanged regardless of the business’s revenue.
Definition of "Fixed Charges" as recurring operating expenses
This definition ties "Fixed Charges" to operating expenses that are recurring.
"Fixed Charges" refers to the recurring operating expenses a business must pay to maintain its operations, including fixed payments for rent, interest on loans, and capital leases, regardless of business activity or income generation.
Definition of "Fixed Charges" as routine mandatory payments
This definition connects "Fixed Charges" to routine payments that are mandatory.
"Fixed Charges" means the routine mandatory payments a business is obligated to make, such as loan interest, fixed rent, and capital leases, which are consistent and do not change based on business performance.
Definition of "Fixed Charges" as business-critical recurring payments
This definition links "Fixed Charges" to critical recurring payments necessary for business continuity.
"Fixed Charges" refers to the business-critical recurring payments a company must make to continue operations, including lease payments, interest on loans, and debt servicing, which remain the same even during periods of low revenue.
Definition of "Fixed Charges" as predictable long-term liabilities
This definition ties "Fixed Charges" to liabilities that are predictable over the long term.
"Fixed Charges" means the predictable long-term liabilities that a business is required to fulfill regularly, such as monthly rent, fixed interest payments, and capital lease payments, which remain consistent irrespective of the company's financial situation.
Definition of "Fixed Charges" as non-variable recurring financial duties
This definition connects "Fixed Charges" to financial duties that do not fluctuate.
"Fixed Charges" refers to non-variable recurring financial duties a business must meet, including fixed debt repayments, lease commitments, and interest obligations, which are not affected by the business's profit or loss.
Definition of "Fixed Charges" as essential debt service obligations
This definition links "Fixed Charges" to debt service obligations that are essential for the business.
"Fixed Charges" means the essential debt service obligations a company must fulfill, such as regular interest payments and principal repayments, which are predetermined and must be met even if the company’s financial performance is lower than expected.
Definition of "Fixed Charges" as regular costs for maintaining operational stability
This definition ties "Fixed Charges" to the costs required to maintain operational stability.
"Fixed Charges" refers to the regular costs a business must pay to ensure operational stability, such as rent, debt servicing, and insurance premiums, that are not impacted by short-term changes in business performance.
Definition of "Fixed Charges" as constant business expenses
This definition ties "Fixed Charges" to business expenses that remain constant over time.
"Fixed Charges" means the business expenses that remain constant over time, including payments for long-term leases, loan interest, and other recurring financial obligations, regardless of the company’s revenue.
Definition of "Fixed Charges" as regular, predictable liabilities
This definition connects "Fixed Charges" to liabilities that a company must pay regularly.
"Fixed Charges" refers to the regular, predictable liabilities a business is obligated to pay, such as debt payments, rent for leased properties, and fixed insurance premiums, which are not affected by the business’s fluctuating income.
Definition of "Fixed Charges" as set contractual obligations
This definition links "Fixed Charges" to obligations that are set by contracts and do not change.
"Fixed Charges" means the set contractual obligations that a business must meet, such as lease payments, loan interest, and long-term debt obligations, which remain unchanged throughout the agreed-upon term.
Definition of "Fixed Charges" as ongoing predictable costs
This definition ties "Fixed Charges" to ongoing costs that a business must anticipate and manage.
"Fixed Charges" refers to the ongoing predictable costs that a business must pay regularly, including fixed lease payments, interest on loans, and other financial obligations that are unaffected by changes in the business's sales or profits.
Definition of "Fixed Charges" as predetermined business commitments
This definition connects "Fixed Charges" to commitments that a company has already agreed to.
"Fixed Charges" means the predetermined business commitments a company must fulfill, such as fixed payments for lease agreements, debt servicing, and insurance premiums, which are established in advance and remain stable throughout the contract period.
Definition of "Fixed Charges" as regular non-negotiable business expenses
This definition applies "Fixed Charges" to business expenses that cannot be negotiated.
"Fixed Charges" refers to the regular non-negotiable business expenses that a company must pay, including long-term lease agreements, loan interest, and other recurring costs that do not vary depending on the company's financial situation.
Definition of "Fixed Charges" as essential ongoing financial obligations
This definition ties "Fixed Charges" to essential financial obligations that a business must continuously meet.
"Fixed Charges" means the essential ongoing financial obligations a business must fulfill, such as loan repayments, lease payments, and fixed insurance costs, which do not change based on business performance or economic conditions.
Definition of "Fixed Charges" as regular payments for fixed costs
This definition links "Fixed Charges" to regular payments for costs that remain the same.
"Fixed Charges" refers to the regular payments for costs that are fixed, such as rent, loan interest, and insurance premiums, which the business is obligated to pay regardless of fluctuations in revenue or profits.
Definition of "Fixed Charges" as non-variable payments for contractual obligations
This definition applies "Fixed Charges" to payments that remain the same due to contractual obligations.
"Fixed Charges" means the non-variable payments for contractual obligations, including fixed lease payments, long-term debt obligations, and scheduled interest payments, which the business must continue making throughout the duration of the contract.
Definition of "Fixed Charges" as consistent long-term financial duties
This definition connects "Fixed Charges" to financial duties that are consistent over the long term.
"Fixed Charges" refers to the consistent long-term financial duties a business must pay, such as recurring payments for capital leases, debt obligations, and insurance premiums, which do not change regardless of business performance.
Definition of "Fixed Charges" as regular obligations tied to long-term agreements
This definition ties "Fixed Charges" to long-term agreements that stipulate regular obligations.
"Fixed Charges" means the regular obligations tied to long-term agreements, including lease payments, interest on loans, and debt servicing, which must be fulfilled regardless of the company’s business performance or revenue fluctuations.
Definition of "Fixed Charges" as predetermined financial obligations tied to fixed costs
This definition connects "Fixed Charges" to financial obligations tied to costs that are predetermined.
"Fixed Charges" refers to the predetermined financial obligations tied to fixed costs, such as debt servicing, lease payments, and insurance premiums, that a business must pay on a regular basis and remain the same over time.
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