Consolidated Interest Expense. With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.
Consolidated Interest Expense. For any period, without duplication, (a) total Interest Expense of Parent Borrower and its Subsidiaries determined on a consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period. Consolidated Tangible Net Worth. The amount by which Gross Asset Value exceeds Consolidated Total Indebtedness.
Consolidated Interest Expense for any period, all interest expense of Borrower and its Consolidated Subsidiaries, as determined in accordance with GAAP.
Consolidated Interest Expense. On any date of determination, without duplication, (a) total Interest Expense of REIT, the Borrower and their respective Subsidiaries determined on a Consolidated basis in accordance with GAAP for the period of two (2) fiscal quarters most recently ended annualized, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries for such period. Consolidated Tangible Net Worth. The amount by which Gross Asset Value exceeds Consolidated Total Indebtedness.
Consolidated Interest Expense. For any period of determination, (a) total interest (whether accrued or paid) actually payable by the Consolidated Entities, together with the interest portion of payments on Capitalized Leases of the Consolidated Entities, determined on a Consolidated basis for such period minus (b) any non-cash amounts included in such total Interest Expense which reflect the amortization of deferred financing charges for such period.
Consolidated Interest Expense. “Consolidated Interest Expense” means, for any period, the aggregate of interest expense of the Company for such period on a consolidated basis as determined in accordance with GAAP, excluding amortization or write-off of deferred financing costs and debt issuance costs during such period and any premium or penalty paid in connection with redeeming or retiring indebtedness of the Company and its Subsidiaries prior to the stated maturity thereof pursuant to the agreements governing such indebtedness and including, without duplication, (a) all amortization of original issue discount; (b) the interest component of capitalized lease obligations paid, accrued and/or scheduled to be paid or accrued during such period; (c) net cash costs under all interest rate swaps, caps, floors, collars or similar obligations or agreements (including amortization of fees); (d) all capitalized interest; and (e) the interest portion of any deferred payment obligations for such period.
Consolidated Interest Expense. 6 Consolidated Net Income (Loss)....................... 6
Consolidated Interest Expense for any period, all as determined in conformity with GAAP, (a) total interest expense, whether paid or accrued (without duplication) (including the interest component of Capital Lease obligations), of Parent and its Restricted Subsidiaries on a consolidated basis, including, without limitation, all recurring bank loan fees and commissions, discounts and other fees and charges owed with respect to letters of credit, but excluding, however, amortization of discount, interest paid in property other than cash or any other interest expense not payable in cash, plus (b) any net payments made during such period under Hedging Agreements providing interest rate protection, minus (c) any net payments received during such period under Hedging Agreements providing interest rate protection, plus (d) to the extent deducted in determining Consolidated Interest Expense, any interest income. Consolidated Net Income: for any period, the net earnings (or loss) after taxes of Parent and its Restricted Subsidiaries on a consolidated basis for such period taken as a single accounting period determined in conformity with GAAP.
Consolidated Interest Expense. On the last day of each fiscal quarter of the Borrower, Consolidated EBITDA for the period of four consecutive fiscal quarters then ending shall be at least 250% of the Consolidated Interest Expense for such period.
Consolidated Interest Expense. For any fiscal period, the sum of (a) all interest (including, with respect to Subordinated Debt, all interest paid in cash, interest accrued but not paid in cash and PIK Interest), premium payments, debt discount, fees, charges and related expenses in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP, (b) all interest paid or payable with respect to discontinued operations and (c) the portion of rent expense under Capitalized Leases that is treated as interest in accordance with GAAP, in each case, of or by the Parent and its Subsidiaries.
